E-wallet developer will distribute about 484 million Stellar tokens between its customers. Cryptocurrency wallet developer Blockchain and startup Stellar are going to carry out the largest distribution of cryptocurrency in history. About 484 million tokens
with a total value of $ 125 million will be distributed among the company's customers.
According to representatives of Blockchain, already this week all users who will leave requests on a special page will receive tokens. Blockchain CEO Peter Smith said that the company chose Stellar for this type of airdrop because a large and scalable ecosystem
was built around the token, and its network was developed with an emphasis on scalability.
The expert said that the largest airdrop is not just an advertising campaign. First of all, the company wanted to give users the opportunity to test a new digital asset.
“In the world of cryptocurrency, one of my favorite things has been providing users with their first $20 and watching how they discover a new financial system with sending the first transaction,” Smith said.
Many users were unhappy with the need of going through verification procedure in order to participate in the distribution of cryptocurrency. Bitcoin developer Udi Wertheimer also commented on it, asking users to think before revealing their personal data
that can be used for several years.
"Please, do not do that. If you need $25 Stellar tokens, just buy them, ” Wertheimer warned.
Over the past day, the average market value of Stellar has risen by 2.5%, and now the token is trading at $0.25. During the same period of time, Bitcoin has gone up by 1.6% on FXOpen, Ethereum - by 3.8%.