Stellar [XLM] has been flying under the radar lately and has left many of its investors wondering what the team behind the project has been up to. Well, the project just released its May “Stellar Roundup.”
It’s June! That means the monthly Stellar roundup for May has arrived!
— Stellar (@StellarOrg) June 5, 2018
While there weren’t any new major partnerships that were announced, Stellar did give a list of their upcoming appearances around the globe. The team will be represented all around the world at various conferences, including the Blockchain for Finance Conference in Singapore on June 20-21 and the World Finance Forum in Beijing on June 30th.
The 7th Stellar Build Challenge was announced a few weeks ago and is still going on.
New Projects on Stellar
The Stellar team announced new projects that were launched on the Stellar platform. The list includes REM Loyalty, Swych, TillBilly, FlipNpik, Cross Hedge, SVPER, SID’s, LocalXPose and Pedity.
The projects that stood out from the pack were TillBilly and SID’s.
TillBilly is digital payment network based on the Stellar network. It allows its customers to make contactless payments and they receive automatic digital receipts (tax invoices). Its customers are also able to collect loyalty rewards points, minus the price volatility of similar platforms.
SID’s currently has patent-pending technology that allows a user with a smartphone to exchange internet phone data for Stellar-based SID tokens. Thos without big data plans can earn SID tokens by watching advertisements and can trade them in for crowd-sourced internet.
XLM Price Summary
At press time, XLM is trading at $0.243 a coin, down -7.13%, in 24 hours. XLM dropped along with the rest of the market when panic selling spread this weekend after the Coinrail hack surfaced.
Featured Image: Feedzai