![]() This is a great way to earn small amounts of cryptocurrency (especially if you are a first timer) and donate it to the nonprofit of your choice! Why should I donate my XLM (or any other cryptocurrency) to charity?Ĭryptocurrency donations to 501(c)3 organizations are treated similarly to other donations of property (such as stocks or bonds) and are tax deductible in the United States, while donations to registered charities are also tax deductible in many other jurisdictions (check with your tax accountant if you are unsure), meaning that you can write the amount of your XLM donation (or the donation of any other cryptocurrency for that matter) off from this years taxes, which if you’ve had any gains this year, is a great way of minimizing your tax obligations, while supporting nonprofits whose work you love – helping out the community at large! Other ways to get free XLM you can donateĬoinbase currently has a program where users can earn a variety of cryptocurrencies including DAI, EOS, Stellar Lumens, Zcash, BAT and 0x by completing a short course which you which you can do here. Keybase is a free, secure alternative to popular messaging services like Slack, Whatsapp and Telegram that is powered by public key technology that also can handle cryptocurrency wallets, secure file sharing, gits and more. Once you’ve joined they will be airdropping 2 billion Lumens over the next 20 months (on the 15th of each month), divided amongst the users they have, so obviously the earlier you are involved, the more that will be airdropped and the more you can potentially donate to organizations that accept Stellar Lumens (our research has only identified 5 so far that have wallet addresses available to the public!). ![]() ![]() Have a beautiful smile (I’m still not sure how I have one of these, but according to the wallet, I still qualify!) Ensure you have an old enough Keybase, Github or Hacker news account (currently you need ONE of these that was created before September 9, 2019, I’ll be using my Github account).Add 3 active devices or paper keys (I added my cell phone, my laptop and created a paper key).You will then need to join the airdrop by doing the following:.Keybase can be downloaded on your iphone or android device as well OSX, Windows or Linux, you can download it and install here: Look at all those XLM donations coming to the Tor Project after the last airdrop! How to get set up with Keybase and donate XLM to nonprofits There are currently very few nonprofits that are set up to accept XLM, meaning that if you are setup to accept it, you are more likely to receive donations! This will continue to have around 2 billion XLM ($117 million) distributed to their userbase over the course of the next 20 months.įor the average user, it’s an amount that many weren’t expecting as a windfall that they are more than happy to donate to the nonprofit of their choice (that accepts XLM). What is the airdrop and why should nonprofits care?Īnnounced on Septemthe Stellar Development Foundation announced that it would be sending 100 million Lumens (worth at the time of announcement approximately $5 million USD) to their 300,000+ Keybase users as part of Keybase’s Big Stellar Airdrop.įor the first September giveaway this worked out to be around $19-20 worth of XLM per active Keybase user, which translated to roughly 355 XLM.
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