As a secure app it's become quite awesome - something we're truly proud of. They went away as soon as word went out that the free money era was over. The airdrop attracted an influx of new Keybase users, but not. As of Monday, one lumen is worth about five cents according to CoinMarketCap. The Foundation announced that 2 billion XLM will be dropped over the. Spammers started showing up on Keybase as soon as Stellar announced a giant airdrop on the encryption app. All told, the airdrop included about 300 million Lumens. Keybase is a free group messaging and file transfer platform which has partnered with The Stellar Development Foundation (SDF). Keybase has grown leaps and bounds in the last year. Stellar has revealed the schedule of a 2 billion XLM airdrop (worth 120 million) airdrop that will be allocated to Keybase users. If you are a legit, registered user, expect your share of 100 million Lumens next week. But the project has been cut short and will be over at the end of the year, while registration has already been closed. It's not in the Stellar network's interest to reward those people it is also not in Keybase's interest to have them as Keybase users.Īs we've said from the beginning, SDF reserves the right to end this giveaway early. Announced in September, the airdrop was worth 2 billion XML (Stellar’s cryptocurrency) or about 120 million and supposed to run for 20 months. Why? Starting in the last week or so, hordes of fake people were beginning to come in, far beyond the capacity of Keybase or SDF to filter. While this giveaway mostly worked, it's clear that there will be decreasing returns and massively increased effort required. The total giveaway amount will have been 300 million Lumens (approximately $16,000,000 USD).
15, we will distribute the final 100 million Lumens among all qualifying members.
Keybase stellar airdrop update#
UPDATE #5 December 10, 2019: This month will be our last of the Stellar Space Drop.
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