Stellar Lumens (XLM): considerations

Stellar Lumens (XLM): considerations

By odisseo | Cryptodyssey | 15 Sep 2020


Stellar is an open source protocol for exchanging currencies.
The technology on which it relies is the blockchain, the name given to the cryptocurrency is the Lumen with the XLM symbol. It can be bought and sold on the most popular cryptocurrency exchange platforms (e.g. Binance).

In this article I put some considerations on Stellar (XLM) as it represents the digital coin that has the greatest growth potential in the coming years, especially in relation to the development that eSports will have.

What are eSports?

Esports are the whole world that revolves around online video games, from Fortnite to StarCraft, from Battlefield to Call of Duty, etc..

The number of online players is on the rise in the coming years. These are people who have a vocation towards this world from which real professionals in the sector emerge who earn as much as great players.

It is believed that it will be the world of eSports that will initiate what will be the mass adoption for some digital assets; within this vision we will not find Bitcoin because it is a cryptocurrency that cannot be used for that type of usability. Instead, there are many others that have been conceived precisely to guarantee instant micro payments.

In this sense, on a world level, in pole position we find Stellar (XLM).

Stellar (XLM) represents the best system for making payments, even internationally, for people who do not have access to traditional banking services (emerging countries, most of the African continent).

The price forecasts of industry experts indicate an increase in the value of XLM in the coming years.

Many companies have already chosen Stellar to transfer money and access new markets.
You can consult the various projects by taking a look at the official page.

Here are some technical details available on CoinMarketCap, where it is currently positioned among the top 20 cryptocurrencies by market capitalization.

 

Thank you for taking the time to read this article.

Ad maiora!

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odisseo
odisseo

odisseo is a civil/environmental engineer. Passionate about cryptocurrencies, blockchain technology, cybersecurity.


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