Friday, November 27, 2020

Why XLM is still a worth buy!

  1. Team is solid. Hi, McCaleb.
  2. Already upgraded the network to Protocol 15 which makes it easier to onboard noobs like your grandma. The non-crypto illiterates really don’t have to know about xlm or lumens or how the process works in the background. This is the biggest puzzle in Bitcoin community. I think they should read how Stellar is doing it. This is not to bash daddy BTC (I hold Bitcoin!)
  3. USDC on January 2021.
  4. Partnership with banks is growing.
  5. Brazil and Argentina stablecoins are first launched on Stellar network. (There are other more stablecoins launched on Stellar like EURT, PHP, NAIRA, and more)
  6. Stellar is a network like Ethereum (minus the ridiculous gas fee). You can tokenize any assets & create tokens easily e.g metals (gold, silver — check out MintX ) You can even create NFTs on Stellar. Check out Litemint game
  7. XLM is the native asset used for opening accounts & transactions. Fast and dirt cheap.
  8. Undisclosed project with ABRA.
  9. Burned half of the supply already and removed inflation.
  10. Remittance, stablecoins, banking the unbanked, cross-border payments and currently the exploration of CBDC are the use cases of Stellar. Their last Meridian event held this month featured Reid Hoffman (co-founder of Linkedin), Sir Tim Berners-Lee (inventor of world wide web), Jim Yong Kim (former president of world bank group) and more.

I am pretty sure I missed out a lot more but that’s all I can think of right now.

📷


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