The cryptocurrency ecosystem that is being developed as a whole, is a on-second excitement trigger as the flux of new inventions that it receives is over-the-roof. That is why many individuals find it difficult to separate good from bad, or a sleeping giant from mere dust.
One of them, very worth to mention is Stellar [that goes by the XLM token] which has many arguments supporting to stand upfront over many other altcoins.
The crypto-rise that has been witnessed end of 2017 and early 2018 did hit very right on target XLM [the official Stellar coin] as it marched towards the top-ten digital currencies by market capitalization and cemented its place on the 8th position.
Despite the fact that Stellar runs on the same blockchain technology which the leading coin – Bitcoin does, its advanced speed and resolving transactions within few seconds make it stand out alone.
In another end, Stellar gives users an edge to exchange Lumens with government-supported tenders. What this is saying is that it is possible for you to send fund to your friends in any sphere in a twinkle of an eye, and at the same time, they will receive it without any delay. Interestingly, it is possible they exchange it for any currency.
Very similar to Initial Coin Offerings, many digital currencies and their platforms fill you up with dreamy potential that could make you bet everything on them without any clear evidence, however Stellar and its mentioned functions make it very real. It is helping individuals [in a global range] complete cross-border transactions very speedy and it being done at costs that are of meagre amount.
A very promising collaboration has been already declared out with KickEx and IBM with the plan to design out wide-range transaction using the latest block-tech protocol. The target is to increase the pace of the lead and lower the charges.
Beyond IBM and KickEx, to make across border dealing efficient, Stellar has increased its tentacles, having 6 partners in Africa, 8 in Asia-Pacific, 3 in Europe, 5 in the Persian Gulf, and 4 in America.
While we mentioned above ICO’s, Stellar has planned out a very supportive and reliable platform for startups that could be holding a crowdfunding. Mobius raised $30,000,000 in ICO on the Stellar platform, and the team behind sales says they are satisfied with Stellar.
When it comes to its future, the roadmap of the coin is nothing less than the cryptocurrency itself. It has been declared by the team that this year it will be focusing on SDEX, which:
“will enable on-chain, protocol-level trades for any Stellar token, and we will create liquidity to minimize spreads and maximize choice of assets.”
More revelation are awaited to be cleared out related to SDEX and its development road. Combining with the project, Stellar is very-looking forward to become more friendly and flexible to accommodate more ideas and improvements.
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