Blockchain.com has introduced full support for altcoin Stellar (XLM), along with a huge airdrop of $125 million worth of XLM to its user base.
The development was made known in an official blog post.
Blockchain.com labeled the incredible offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” proposing that airdrops are “a great way to drive decentralization and adoption for new networks.”
The firm emphasized the benefit of crypto airdrops for consumers are that they are able to “test, trade, and transact” intriguing crypto assets without having to mine or invest first.
Blockchain.com gives the explanation for its choice to offer support for Stellar as being due to the token’s network being “built for scalability,” as well as for its ability to make custom tokens that signify “real-world or virtual goods and services.”
Before adding Stellar support, the Blockchain.com wallet already backed three other cryptocurrencies, Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).
At this moment, Stellar (XLM) is classified the sixth largest cryptocurrency by market cap on CoinMarketCap’s listings, witnessing a strong 5.35 percent growth on the day, trading at $0.258.
Earlier this year, it was reported that Blockchain.com had been ordered within the top ten most “sought-after” U.K. startup employers in new listings on LinkedIn.
Among its qualities, LinkedIn cited Blockchain.com’s “benefits such as free food and flexible working,” unlimited holiday policy and a bonus scheme for employees paid in Bitcoin.
- Waste Management Firm Launches Blockchain Platform in Sharjah 18 February 2019
- Police Apprehend Suspects in $14 Million Crypto Scam 18 February 2019
- Crypto Markets Seeing Wave of Green 18 February 2019
- New Payment App of Rakuten to Support Crypto? 18 February 2019
- Regulated ETH Futures Would Result in More Robust Market, Says ErisX 18 February 2019