No individual recipient will get more than $500 USD worth of Lumens.Each unique natural person can participate in the airdrop just once.Keybase is described as a messaging platform where you can write securely to any twitter, reddit, facebook, github, and hacker news user.
You can signup by installing the Keybase app (available on Apple and Android devices ) and then within app prove your GitHub or Hacker News identity. If you don’t have an existing Keybase account but do have an existing (registered before September 9, 2019) GitHub or Hacker News account you are still eligible for the promotion. Keybase (in partnership with Stellar) is giving away XLM monthly to authenticated (not KYC) Keybase accounts. But 100 million Lumens will be going out shortly.
chat with them (encrypted!) while you both await NovemberĪnd apologies for the delay.So: **we have spent the last month making it easier to participate**. GitHub and HackerNews were both under attack and reached out to us. In case you missed it, we were forced to shut down registrations due to a swarm of bad actors. You are still registered **there is nothing for you to do.** The first distribution will happen November 15, and you should expect more Lumens every month. The Stellar Space Drop program is back on.
But potentially free money (crypto) with no KYC. Will this happen? – I’m not sure, as they’ve already fooled us once (twice?), and the new requirements seem more exploitable then the previous halted promotion.
Update : Keybase now says you can get in on the XLM giveaway (space drop) by downloading the Keybase App and receiving an SMS. Next drop scheduled for December 15, 2019, tough to estimate the value … maybe half? Update : Looks like the distribution may take a few days, but it appears that the November Spacedrop is going out (~688 XLM, ~$49.81). Our hope is to eventually have global citizens own and use lumens, in both developing and developed economies.Update 12/11/19: December will be the last month December spacedrop was for ~355 XLM.
“ Giving away lumens for free is an invitation to communities to design the services they need. The co-founder of Stellar Development Foundation Airdrops, Jed McCaleb, stated that airdrops play a major role in the development of an inclusive digital economy: SDF has established many collaborations with leading crypto businesses through which it has distributed free XLM in an effort to familiarize the people with the technology. The Stellar Development Foundation was established in 2014 as a non-profit organization with the purpose of unlocking “the world’s economic potential.” The SDF generated at the creation block 100 billion XLM tokens and now it currently owns 40 percent of the total XLM supply, which will be allocated to users from all over the world. “Our focus is global financial inclusion using blockchain and other technologies, focusing on the unbanked, and so from our standpoint, what this kind of thing does as an airdrop, is it actually brings more attention to the ability for technologies like this to be able to effectuate nicely, cleanly and efficiently, cross-border transactions to help the unbanked and others out there in the world.” The airdrop also serves as a way of increasing the adoption of XLM by delivering the coin “into the hands of real people,” according to Denelle Dixon, CEO of Stellar Development Foundation. “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,” stated the press release. Cathy Corwin, a spokesperson from Inkhouse, Keybase’s PR agency stated that the continuation of the airdrop campaign will depend on achieving “basic success metrics.” The goal of this campaign is to increase the user base of the messaging platform.
100 million XLM will be distributed in each monthly airdrop round. The Foundation announced that 2 billion XLM will be dropped over the next 20 months in the 300,000 accounts of Keybase.
Keybase is a free group messaging and file transfer platform which has partnered with The Stellar Development Foundation (SDF). Stellar has revealed the schedule of a 2 billion XLM airdrop (worth $120 million) airdrop that will be allocated to Keybase users.