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What is the Circumference of the Stellar Lumens (XLM) Ecosystem? For as much as SCF Provides for a Killer Project

stellar

Community Trust ScoreVerified

93%
Real
Verified15 votes
Updated 5 years ago
  • Killer Projects with SCF
  • Developers Pursue their vision
  • Viable Cross-Border Solutions
  • Innovation to thrive despite regulation

Killer Project has a clear project definition. The risks, assumptions, and constraints are identified, organized for the project, have a clear idea of your project resources, establish a communications plan for the project.

The Stellar Community Fund gives people worldwide a chance to kickstart their Stellar-based projects and connect to the thriving Stellar Community. Then, the Community finally votes on the project they believe deserves the XLM awards.

A pool of 3 million Lumens is split between project every three months.  And, any project that is built on Stellar will be able to apply and participate. The funds will be helpful to developers to pursue their vision.

Stellar has been hailed to be the most critical project in the market. Some noteworthy projects are IBM, and its Universal Payment Solution, Veridium, StellarX, Stronghold, Tempo, Satoshi Pay, Open Garden, TillBilly, Slice, Sure Remit, Smart Lands, and Chynge are a few to name.

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Stellar does not have a huge mission to conquer the whole world; they are about providing viable cross-border solutions while improving financial inclusion.

Denelle Dixon recently expressed:  Regulatory bodies must evolve with the markets they regulate, which is why we focus so much on talking to regulators about blockchain’s benefits.

The Community love the leadership of Denelle Dixon.

One of the Stellar Community members stated that all the best people are in the private sector; they drive from their ideals and have better rewards.  The government is about taxation and not creation.  They will always be behind, not the manpower nor satisfaction of accomplishing ideals. They do not play it nice.

Brainpower and leadership skills to build bridges are better used to create the best pure DLT cryptocurrency. And then is left to squander by those who have a different agenda. Regulators will only be a hindering force, not an enabling one.  Haven’t you learned by now you can’t change a person if they don’t want to?  This is how we feel; the rest is fear. It just looks like innovation will be able to thrive despite regulation.

The Community is also left wondering if all the anchors hold large amounts of XLM.  Are they acting as “banks/intermediaries,” right? Trying to figure out the incentive for the average person to hold Lumens? Even Jeb said most people would not even know they are using XLM as a bridge. Can anyone answer this?

Others were like:  we want SDF to focus on DeFi as well as the payments. Please support the team who is working on TSS, and I hope AMMs are coming this year.  We want to see lending and borrowing, derivatives, insurance, and other DeFi products on Stellar.

Community Trust IndexModerate Confidence
93%
Real
Real93%7%Fake
15 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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