Blockchain.com have partnered with the Stellar Development Foundation (https://learn.stellar.org/) to give free Stellar Lumens (XLM) to Blockchain Wallet users. XLM is a token that enables quick, low cost worldwide transactions.
Give away is for $50 USD worth of XLM (~ $70 AUD) which at current market price is 400+ XLM.
What do i think of Stellar Lumens and Blockchain.com?
I think that navigating the crypto eco-system is long and full of terrors, The permission-less nature of this industry means their is a wide range of projects that vary from absolute scams to world changing technology. I have confidence in posting this as a good entry to anybody who is interested in getting a foot hold in an emerging technology without needing to hand over any hard earned cash. Sure you could jump through a couple of hoops and sell it to AUD in your bank account if that what you wanted but i think the value of getting a free roll at some experience in the space is a higher value.
IMHO Stellar is an interesting project with good future potential, Stellar are partnered with IBM who are using the Stellar network as the rails for its World Wire platform (at a high level this is a project to facilitate value transfer and settlement internationally at low cost and high speeds)
More information - https://www.ibm.com/blockchain/solutions/world-wire
If it is good enough for one of the worlds largest technology companies, maybe it is worth your time to look into too.
Stellar and blockchain.com are established entities in the cryptocurrency space, have been around for years and have good reputations.
Info on the Give away:
What do I need to do to receive XLM?
You’ll need complete your Wallet profile (Gold level) to meet compliance requirements and to ensure that no one is trying to claim more XLM than they are entitled to (one XLM distribution per person, unless participating in any bonus activities). You can still use your Blockchain Wallet without completing your profile.
What can I do with my XLM?
It’s up to you! XLM was designed to be used to transact with your friends and family across the globe in seconds. You could HODL it, Sell it, Trade it for Bitcoin, Donate it to Wikileaks, Buy a NordVPN subscription what ever you want.
What is Stellar Lumens (XLM)?
Stellar Lumens (XLM) is a unit of digital currency, like a bitcoin. Lumens are the native asset of the Stellar network.
Native means that lumens are built into the network. Asset is how the network refers to an item of value that is stored on the ledger.
More information: https://www.stellar.org/lumens/
To Obtain Gold Level verification you will need to provide the following:
* Country of residence
* First name, last name, and date of birth
* Residential address
* Upload identity document
* Take a picture/video of yourself
More details - https://support.blockchain.com/hc/en-us/articles/36001808017...
MAKE SURE YOU BACKUP YOU WALLET-ID, PASSWORD AND BACKUP PHASE!. If you lose your password and do not have your backup phase you will not be able to access your wallet
Crypto is not hotmail, there is no 'Forgot my password' link!
Backup phase should be written on paper and stored securely - it should not be stored on your computer.
Please note anyone with access to your backup phase will be able to steal the money from you wallet - store securely
Email and Two-Factor Authentication (2FA) is also highly recommended (use Authenticator App or Yubikey)