Quote from: Empirical1 on August 11, 2014, 09:49:14 PM

Quote from: Gentso1 on August 11, 2014, 09:42:07 PM
I think it will work.I am not a fan of huge air drops but no one can deny freebies of any kind get you noticed.

I have been looking but cant seem to find what is the current $ value of there airdrop?

I saw this on BTT

QuoteThey just created a demand for it, by giving out only 125 stellar now.
Initially they gave out 6900 stellar, for any new account(who would link fb and their emails), and created a distribution.
Now they give 125, creating a shortage, so there is a demand, and prices increase. They can now easily sell their premined stellar at high prices.

https://bitcointalk.org/index.php?topic=733999.msg8295491#msg8295491

I don't know if that's part of the initial startegy, but that's a big drop, giving away 7000 to giving away 125. ( A 98% drop!) Maybe they're learning the hard way about giving away money for free but I'm not sure.

So I think if that's right in $ terms they're down to giving away $0.5  :)

Yea I am reading through their thread now. Starting with 6900 stellar was huge and created a great buzz but they would have crashed the market if they didn't scale back when people started dumping.
125 stellar is more realistic. I think they gave themselves a very cost effective if not a little underhanded considering that stellar was also given to ripple holders which I believe is what stellar is based off of. So chances are if they have large ripple holdings they may recoup some of there airdrop funds while promoting a new coin that may* have some growth.

I won't invest in them but it is very cool to watch. Think they can break the top ten market cap by the end of NEXT month?

Probably finding out the hard way how many fake Facebook accounts there are  :)

Quote from: Gentso1 on August 11, 2014, 09:42:07 PM
I think it will work.I am not a fan of huge air drops but no one can deny freebies of any kind get you noticed.

I have been looking but cant seem to find what is the current $ value of there airdrop?

I saw this on BTT

QuoteThey just created a demand for it, by giving out only 125 stellar now.
Initially they gave out 6900 stellar, for any new account(who would link fb and their emails), and created a distribution.
Now they give 125, creating a shortage, so there is a demand, and prices increase. They can now easily sell their premined stellar at high prices.

https://bitcointalk.org/index.php?topic=733999.msg8295491#msg8295491

I don't know if that's part of the initial startegy, but that's a big drop, giving away 7000 to giving away 125. ( A 98% drop!) Maybe they're learning the hard way about giving away money for free but I'm not sure.

So I think if that's right in $ terms they're down to giving away $0.5  :)

I think it will work.I am not a fan of huge air drops but no one can deny freebies of any kind get you noticed.

I have been looking but cant seem to find what is the current $ value of there airdrop?

Many have been strong proponents of the large sharedrop type approaches that Stellar is attempting https://www.stellar.org/about/mandate/#Stellar_distribution

There has also been a lot of media hype and press around their launch and they also 'supposedly' got a $3 million injection for only 2% equity so they have some funds to work with.

They also have Jed McCaleb as a board member and co-founder of Dogecoin, Jackson Palmer as an advisor, among others, so if any team is capable of pulling this strategy off, it's probably these guys, https://www.stellar.org/about/

So now we have a front row seat to the type of sharedrop strategy some have been advocating.
Personally I'm not a fan of these approaches, but it's worth keeping an eye on, because if they succeed then we can learn things and apply them in future DAC's.