A big increase in value through the Airdrop alone should really not be hoped for. Unlike in the Asian market, however, in the West, payment within a chat app has barely arrived in the masses – not to mention keybase or cryptocurrencies. If, as Nic Carter fears, users do not immediately sell their tokens, if they use them right away, and if this leads to a major adaptation of Keybase, such a scenario can occur. If this calculation works out, this could of course lead to a rise again. The Airdrop should pave the way for a long-term adaptation. Proponents, however, say on the other hand that this is less about short-term value. So it's totally naive and really quite misleading to claim this is 120m in aggregate. My bet is that this will have a negative price effect.Īnd the main thing people do with airdrops is a) ignore them or b) sell them immediately. The most important thing people do with Airdrops is a) ignore them or b) sell them immediately. An important key statement is the following: The well-known Bitcoin researcher Nic Carter voiced concerns in a Twitter thread. Even if the air drop is successively occurring, the monthly 100 million lumens can dramatically lower the Stellar price. In the case of Stellar, the planned air drop is just under two percent of the Total Supply and ten percent of the current circulating supply. These are held responsible for the price losses of the third largest cryptocurrency. However, Ripple's XRP sales are a mystery. The cryptocurrency, which has suffered a loss of 50 percent since June, would have been necessary. Some Stellar enthusiasts hope that this Airdrop will bring long-term adoption to Keybase users, and thus increase their share price. Of course, this connection to the world beyond Keybase is also an advertisement for the platform – and vice versa for Stellar. In the case of proof via Github, the text to be used is even larger. Verifying myself: I am keybase_nutzerxyz on Keybase.io. In the case of Twitter, it looks like this: A proof of the link of a Keybase account with the appropriate networks must be provided publicly. At Airdrop, only those who have an account on Keybase, Github or Hacker News older than one day can participate. "Active users" are not just those who have registered an account. The current XLM price is equivalent to about 120 million US dollars – for currently 300,000 users so a pretty penny. Over the next 20 months, a total of two billion lumens will be created. Over the next almost two years, 100,000,000 lumens of active keybase users are to be paid out over the next two months. To motivate such uses – and certainly to increase the number of users – is the aim of the aforementioned Air Drops. 100 million XLM monthly for active Keybase users Since Keybase also offers many opportunities for bot development, the Stellar integration also makes automated payment solutions conceivable. Even to recipients beyond the Keybase network can be sent with knowledge of the phone number. Not only within the app so lumens can be sent. Accordingly, Keybase has integrated a Stellar Wallet.įor several months, this Stellar integration is available to around 300,000 users. In addition, Keybase advertises with high encryption of chats and stored files as well as a high affinity to cryptocurrencies. The platform also allows you to save documents. At first glance, Keybase reminds of chat platforms like Slack or Telegram.
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