Stellar partners with Pundi X to settle IDR currency

Stellar Lumens partners with Pundi X in aim to work for the settlement in Indonesian local currency (IDR) in the future
19 December 2017   807

On December 18 Stellar Lumens has made an announcement about its partnership with Pundi X platform, which is created in aim to make cryptocurrency accessible by empowering blockchain developers and token holders to sell cryptocurrency and services at any physical store in the world.

As it was stated in the announcement made by Pundi X, two companies will be formulating a collaboration as Stellar Lumens is a distributed payment infrastructure, built on the premise that the international community needs “a worldwide financial network open to anyone”.

In the abovementioned collaboration Pundi X will work with Stellar Lumens for the settlement in Indonesian rupiah in the future in aim to build a better crypto-world.

After the news came to light, the price of Stellar started to rise having increased from $0,27 to $0,3 and the market cap of the coin rose from $4,7 billion to $5,3 within one day. Nevertheless currently the cryptocurrency is showing a decline, having fallen down 4,5% within past hour.

Stellar Charts December 2017Stellar Charts

At the moment of press, these are main market parameters of Stellar:

  • Average price: $0,27
  • Marketcap: $4 859 369 903
  • 24h volume: $230 885 000

Stellar Build Challenge Deadline Coming

Stellar Build Challenge occur every three months, and the projects for the ongoing phase should be submitted before March 15, 2018
21 February 2018   451

The Stellar Build Challenge is an ongoing program to reward innovation and development in the Stellar ecosystem. Stellar Build Challenge occur approximately every three months, and the projects for the ongoing phase should be submitted by March 15, 2018.

Stellar Build Challenge Stellar Build Challenge

Judges will award Lumens per submission as they see fit. Judges aim for announcing winners within two weeks of submissions closing. Submissions for each round should be done at least two weeks prior to judging in order to receive feedback. The users must announce their project on Galactic Talk to get feedback from the Stellar Development Foundation and the Stellar community.

A total of 550,000 lumens will be distributed amongst the winners, as determined a panel of judges.

The applicants should offer the non-traditional uses of the Stellar network, like building libraries, frameworks, and SDKs, wallets with functionality beyond sending and receiving lumens, tutorials involving projects based on the Stellar Network.

Other categories include Ledger Explorers, Exchanges, Remittance Applications, ICOs/Tokens/Assets, Forums, and more.

At the moment of press, these are main market parameters of Stellar:

Average price: $0,405962
Market cap: $7 497 220 935
24h volume: $113 558 000