Commenting on the airdrop, Dixon stated: “The number seems much more rational when looked at over 20 months. Keybase’s 300,000 users share much with crypto. Dixon added that the airdrop is an investment that upholds the company’s vision.
KEYBASE STELLAR AIRDROP SERIES
At that time, Stellar invested an amount that was big enough to close Keybase’s Series B funding round. Keybase and Stellar have partnered for some time dating back to March 2018. He added: “The foundation’s mandate is to deliver lumens into the world. The company said that three months of airdrops are assured and the program’s continuation beyond that dependent on achieving the ‘basic success metrics.’ĭenelle Dixon, the Stellar Development Foundation CEO, said that Keybase is an integral component of its bigger adoption strategy.
According to an official draft blog post: “All you have to do is have an authenticated Keybase account, and your XLM will appear in your wallet – automatically, every month, for as long as the airdrop continues.” Currently, Keybase has almost 300,000 active users across its different services. In the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM. The airdrop is the biggest in Stellar’s 5-year history.
The Stellar Development Foundation announced on September 9 a 2 billion XLM airdrop. Keybase users can now chat with their friends and get paid to do it. Jed McCaleb’s Stellar Foundation plans to give away almost $126 million in XLM which notably contrasts Ripple’s selling. While Ripple has been selling off its XRP asset holdings worth hundreds of millions of dollars, the cofounder is blazing another trail at his present operation. The Stellar Foundation has partnered with Keybase to offer a $126 million in XLM airdrop scheduled to last for 20 months with the participants expecting to get monthly airdrops of 100 million XLM.