Blockchain $125M For Free? Why?

[Cesar Jaguando]

Of course everyone here knows that Blockchain is givin you free $50 if you verify your account with your ID, passport, etc.. But why? Why do they waste 100m for verification? Honestly I think it ruins the whole purpose of crypto which is to stay totally anonymous while sending/receiving money through their application.

[Allura]

Because they are trying to compete with coinbase? Verification is a pain in the ass, so if you know you get a free $50, thats good for them. It means, when the bull run comes and all the idiots start to buy crypto, they will make a lot more on than $50 from you (in fees and shit) in the future/bull run period. Plus they probably have some sort of deal with the stellar owners. So the $50 was probably allocated from the marketing budget. Just like you spend x million dollars for google ads or pay for a newspaper ad. They instead decided to give that money to its customers

[Cesar Jaguando]

Because they are trying to compete with coinbase? Verification is a pain in the ass, so if you know you get a free $50, thats good for them. It means, when the bull run comes and all the idiots start to buy crypto, they will make a lot more on than $50 from you (in fees and shit).

Oh Coinbase offers free crypto when you verify your account too? How much do they offer? :O

[Allura]

Oh Coinbase offers free crypto when you verify your account too? How much do they offer? :O

I dont believe coinbase offers anything, but everyone's easy, go to way of buying crypto is through coinbase (they basically own the noobs of crypto). All the smart people buy crypto on the actual exchange market. Noobs buy it from coinbase. Blockchain wants to become like coinbase. They want to offer people to buy crypto with IRL money in an instant (rather than having to put a bid price, ad wait for someone to fill it). I believe they already do this in India.

[sleepwalkin]

Thats a perfect marketing strategy. They are giving away money but will earn ton more in no time. People in my country even offer this thing to people and help them withdraw the crypto and split the 50$ 50/50. Guy made like 3k with this method in a week. But still, with this more people get in crypto which will make the price grow.

[t0b1]

This is very good investment

[Trol553]

I dont believe coinbase offers anything, but everyone's easy, go to way of buying crypto is through coinbase (they basically own the noobs of crypto). All the smart people buy crypto on the actual exchange market. Noobs buy it from coinbase. Blockchain wants to become like coinbase. They want to offer people to buy crypto with IRL money in an instant (rather than having to put a bid price, ad wait for someone to fill it). I believe they already do this in India.

coinbase gives you 10$ + 10$ for each ref you get, but max 4 refs, shitty offer

[Allura]

coinbase gives you 10$ + 10$ for each ref you get, but max 4 refs, shitty offer

Oh really, didn't know. Haven't used it in a while

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coinbase gives you 10$ + 10$ for each ref you get, but max 4 refs, shitty offer

Oh really, didn't know. Haven't used it in a while

[[MPGH]HALOS117]

Oh really, didn't know. Haven't used it in a while

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Oh really, didn't know. Haven't used it in a while

Lol They got freaking NEPAL (Blockchain) on the verification country list but no India XD

[muwahid1]

The giveaway is Stellar XLM... Stellar is 100% premine so maybe they are just hoping people will use it and increase the market value of Stellar too. Maybe there is some behind the scenes deal between the Stellar foundation and Blockchain.

[Thetitounage]

Yeah Coinbase gived BAT / XLM and other cryptos but more like 10$ + 10$ etc

Blockchain was choking because 50$ free for verification

[Allura]

Lol They got freaking NEPAL (Blockchain) on the verification country list but no India XD

Lol, I thought they had India? It was like the first country they had. I know some legal shit came up with India, I thought they resolved it. Maybe I'm dreaming

[[MPGH]HALOS117]

Lol, I thought they had India? It was like the first country they had. I know some legal shit came up with India, I thought they resolved it. Maybe I'm dreaming

the blockchain works fine. Its the stellar thing. I will try to do it again so hopefully it works XD

[Allura]

the blockchain works fine. Its the stellar thing. I will try to do it again so hopefully it works XD

I was talking about buying crypto with irl money. Hopefully the whole world gets this service soon

[Ticherhaz]

Yeah Coinbase gived BAT / XLM and other cryptos but more like 10$ + 10$ etc

Blockchain was choking because 50$ free for verification

smell fishy isn't ?