The non-profit organization Stellar Development Foundation will conduct an airdrop of 2 billion XLM tokens (approximately $ 118 million) among users of the Keybase messenger.
Today we're excited to announce we've partnered with @KeybaseIO for our largest distribution ever!
Read the full announcement: https://t.co/WV6XUmpRfx
– Stellar (@StellarOrg) September 9, 2019
According to Stellar, this is the largest coin distribution in the history of the project. Coins will be allocated to participants in batches of 100 million XLM over the next 20 months.
“All you need is an authenticated Keybase account. Your XLM will appear in the wallet automatically, every month, throughout the entire airdrop period , ”says the Stellar blog .
Company representatives also noted that airdrop would be guaranteed to last three months. After that, Stellar will decide whether to continue or not, taking into account the "key success indicators" of the campaign.
Keybase received an investment from the Stellar Development Foundation in 2018 . A few years earlier, the blockchain startup had raised $ 10.8 million in venture capital investments in a round of financing led by Andreessen Horowitz.
The integration of Stellar and Keybase took place in May 2019 and since then, messenger users can send XLM tokens to each other. The developers promise in the coming months to add a number of new features to the messenger.
To date, the number of Keybase users has reached 300 thousand.
Note that the trend towards the integration of crypto assets in various instant messengers and social networks is gaining momentum. For example, by the end of October, the large-scale Telegram Open Network project should be launched, and in 2020, the largest social network Facebook is going to launch its own digital currency, Libra .
Follow BlockchainJournal on Twitter !
TOP 10 CRYPTOCURRENCY
|#||Name||Price||Market Cap||Change||Price Graph (24h)|