Web Summit Conference Sees Cryptocurrency Businesses Give Away Over $127M
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Web Summit Conference Sees Cryptocurrency Businesses Give Away Over $127M

THELOGICALINDIAN - November 8 marks the acme of this years Web Summit appointment the better tech accident in Europe and one which saw businesses accord abroad cryptocurrency account at atomic 127 million

Airdrops, Wallets And Adoption

The sold-out Web Summit, which is demography abode in Lisbon, brings calm bags of startups and speakers to accompany a behemothic attendee account of about 70,000 people.

Cryptocurrency businesses stood out at the event, with several adopted-focused schemes which gave abroad millions of dollars in chargeless cryptoassets.

As Bitcoinist reported, abstracts analytics and wallet provider Blockchain led the charge, absolute a affiliation with Stellar at the conference, allotment of which included a betrayal account $125 million.

The accord sees anyone able to assurance up for Stellar Lumens (XLM) tokens account $25 provided they own a Blockchain wallet.

“…Blockchain Airdrops are a abundant way for crypto creators to drive decentralization and acceptance for new networks. We anticipate they’re abundant for crypto users too,” CEO Peter Smith explained in an accompanying blog post.

“They let you test, trade, and transact with the abutting bearing of crypto assets after accepting to buy them or abundance them.”

UK Leads Troupe Of Giveaways

Along with Blockchain, adolescent UK-based amateur eToro additionally appear chargeless cryptocurrency would anatomy allotment of the publicity drive for its new wallet which it appear beforehand this week.

The authorization and cryptocurrency trading belvedere affairs to accolade 0.1 ETH ($21) to the aboriginal 100,000 bodies who download the wallet, dubbed eToroX, which will additionally baby to Bitcoin, Bitcoin Cash and Litecoin.

“Just as eToro has opened up acceptable markets for investors, we appetite to do the aforementioned in a tokenized world. The eToro wallet is a key allotment of this,” CEO Yoni Assia commented acknowledging the rollout.

A abate administration at Web Summit meanwhile came from BTC.com, which approved to apostle Bitcoin Cash acceptance by giving abroad cards loaded with 0.003 BCH (around $1.80).

What do you anticipate about this year’s Web Summit crypto giveaways? Let us apperceive in the comments below!

Images address of Shutterstock.