XLM Airdrop. Joke?

[halpi]

Stellar seemed to me as a nice project with a good future. But now I saw that ridiculous airdrop with video KYC
For me it discredits the project and from side seems funny.
what is your opinion?

[Ravenangel]

Lol now I think I've seen it all, video KYC smh ... what was missing, I understand that this environment needs regulations, and many times is very dangerous to make some kind of movement or investment by the number of scammers that exist, but enough with a regular kyc or a verification of wallets, to know the honest users and those who are not, video kyc seems to be a little exaggerated and even interruptive.

[coin-investor]

I received an offer like this from blockchain.com seems legit though I lost some XLM when I sent to one exchange but forgot to fill the memo because I have no idea what to choose and it did not arrive on that exchange and this is because of the memo issue, any similar incidents like this, anyway it's just $10 worth of XLM.

[trahaubab]

that is definetly not the thing that Satoshi wanted from blockchain.
Centralized wallets with KYC verification, lmao. what is next? to prove transaction via SMS notification?

[Omela44]

The airdrop is not a joke. I also read about the xlm airdrop and actually wanted to participate, but kyc with video call is to much. So much effort for so a few coins is just not worth it.

[hardinero007]

it's true.  blockchain.com is dropping massive xlm airdrop, the biggest in crypto history.  the amount is around 125m usd.  you have to apply thru blockchain.com link.  the requirements are to have blockchain.com wallet and to have kyc approved.  stricly 1 airdrop per blockchain wallet.
 

[QueenW]

I heard about this airdrop, but did not know that verification would be needed. I think it's stupid to go through a complicated procedure for a small amount of money.

[dumplingsandsushi]

this is just terrible.  Like others mentioned Satoshi would be rolling over in his grave.

Obviously, they are capitalizing on the recent rise in "full time bounty hunters" (aka: people desperate and stupid to get rich without working).
For these types of people, a video call would seem like very little effort to get "free money".

But here's the thing, the whole airdrop is wrong on many levels.
First off, just airdropping that massive amount of XLM will really devalue the coin.
Especially if you consider that the the types to do this would sell it right away.

Also, video KYC is just beyond ridiculous.  There is no legal precedent for it anywhere, not even in banks or the stock market (so of course, not in crypto).
Actually, the suspicious side of me sees this as datamining on a large scale.

Don't be a fool, don't participate in these types of things.

[t3ChNo]

KYC? I'll pass to this airdrop. KYC with a couple of exchanges (to increase limits) I trade is already enough for me.

[warcarft3]

This is not ridiculous. I am a fan of loyal XLM. I think this promotion is very good. XLM must rise in any way and exceed XRP. XLM is the king of payments. Such a task will expand the visibility of XLM. The realization of a cashless society will come very soon.

[maligu]

You must be a supporter of XLM, I am like you. I am also a big fan of XLM, but I am not worried about the side effects of this airdrop. I think airdrops are wise. KYC's airdrops can increase the size of our group. This helps XLM become the king of cashless.

[erox]

Personally, I don't see anything wrong with that. I think this is one of the ways to attract even more attention to this wonderful project and increase the loyalty of the audience and potential investors.

[Zurcermozz]

Kyc is so hard , you know even you're not 18 or up doesn't mean you are not accepted in crypto, what If there's a person or teen who wants to join But KYC is needed lol

[fraufreiheit]

I heard about this airdrop, but did not know that verification would be needed. I think it's stupid to go through a complicated procedure for a small amount of money.

But that's exactly what most of people on this forum - aidroppers and bounty hunters - do!
But still video KYC really sounds like something ridiculous for me. I've heard about such procedure only once, it was a Russian project called WinStars and it turned out to be terribly scammy shit, so now I avoid video KYCes.

[bitkanu]

Stellar seemed to me as a nice project with a good future. But now I saw that ridiculous airdrop with video KYC
For me it discredits the project and from side seems funny.
what is your opinion?

Lol is this for real? I'm not seeing if that was applied video KYC for any airdrop participants. You must do that for $25 worth of stellar, right? this is another kind of joke by stellar.
The company must learn a lot from what has been doing by ONT to the airdrop participants lol. This airdrop is a bullshit.

[AlphaGoo]

I heard about this airdrop, but did not know that verification would be needed. I think it's stupid to go through a complicated procedure for a small amount of money.

Participating in such an airdrop is usually an advocate of XLM. This is support for XLM buyers. This kind of airdrop is very difficult. Prevent bounty hunters. If the participation of the bounty hunter will lead to persecution of the coin. So I very much agree with this action.

[Nitori_m]

I think it is a super expensive publicity stunt which is very like to bring down xlm price and have people talking more about it. I wonder what next project will replicate this. Let's hope it becomes a trend in crypto space

[fraufreiheit]

I think it is a super expensive publicity stunt which is very like to bring down xlm price and have people talking more about it. I wonder what next project will replicate this. Let's hope it becomes a trend in crypto space

But we don't need prices to go even deeper, God, please, no. They probably need some attention and maybe volumes on exchanges, but I don't think it's worth it. I'm sure no one buys XLM now, as everyone understands that it will be dumped hard once this airdrop is distributed.

[conanmori]

Its true guys a very massive airdrop. But I found this funny decision from them while you give free coins investor will lose a great amount of money and a dump will surely happen after this.  With this airdrop the volume will surely rise after this but the price will surely drop cause airdrops will sell it in any price cause they didn't invest money on it.

[Ulya63]

Yes, stellar is a pretty good and promising project for any holder. As for airdrop, I'm not sure that they will distribute such a huge amount of money around 125 million dollars in stellar coins. Yes, many bounty hunters do not like to go through kyc not to mention even the video is too difficult. I do not know at the end of what they will be with this personal data on this wallet user.