Stellar Development Foundation is airdropping 2 billion XLM tokens to Keybase users over 20 months, starting with 100 million XLM today. The initiative aims to distribute Lumens to real people and introduce non-crypto users to blockchain.
Stellar Development Foundation announced a 2 billion XLM airdrop to Keybase encrypted messaging app users, worth approximately $121 million. The distribution begins with 100 million XLM to 300,000 Keybase users today, with remaining tokens distributed monthly over 20 months starting in October. Each user can receive a maximum of $500 worth of XLM. SDF CEO Denelle Dixon stated the goal is to get Lumens into the hands of real people and introduce non-crypto-native users to blockchain and the Stellar network. Keybase has integrated Stellar features allowing users to send XLM to friends directly within the app.