Tales from the Crypto: A stylized look at Stellar Lumens (XLM) and FairX

in cryptocurrency •  7 years ago 

Good day fellow Steemians.

For those of you interested in the crypto world these days, I'm sure most have taken notice of a project called Stellar Lumens. Since December 1, it has risen from USD $0.07 to $0.52 as of today. I found a very nice visual flow chart which explains the past, present, and future of XLM, and why it looks to be a project that should be followed.

Stellar is striving to make the whole crypto ecosystem a faster, cheaper, and more seamless experience. To do this, a system known as FairX is being developed to complete the exchanges of fiat currency to crypto, as well as crypto to crypto transactions. It will be using Lumens behind the scenes to automatically trade anything for anything. A welcome change for anybody who has had to do a chain of 3 different pairing trades to reach a certain coin you wanted to buy. This new service will be done for pennies on the trade as well, saving money on all your transactions.

Have a look at the chart below to see where Stellar Lumens is headed.

Source: Albert Fang (reddit)

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Thanks for the info