Why did you invest stellar?

Created and amended based on Ripple code, Stellar is a basic digital currency in stellar payment network, whose English name is Lumens. Released on August 1st, 2014, the total amount of Lumen is 100 billion, which increases by 1% each year. 50% were distributed globally through direct distribution programs; 25% were allocated to non-profit organizations through increasing coverage schemes to benefit the people who are short of financial service; 20% were allocated through Bitcoin plan, while 5% were kept to operate stellar coin.

As a payment network, stellar is relatively successful, and its system is the key to be recognized internationally. Currently, several non-profit organizations and enterprises in the world are using Lumen as a financial infrastructure. For example, Praekelt Foundation, which will integrate XLM into Vumi, will save the airtime of young girls in sub-Saharan Africa. Oradian, a cloud computing bank software company, also plans to connect microfinance institutions in Nigeria by stellar network. Besides, IBM and KlickEx, a payment network company have announced in October 2017 that they will work with Stellar to come up with a new solution for transnational payment. At present, Stellar system supports transfer and payment around the world, and it has already been implemented in Europe.

Although XLM is more like a currency that can circulate around the world compared with bitcoin, whose amount is fixed, but overall, it seems like bubble. Although there is the additional guarantee of security for currency conversion, tokens make little sense compared with its successful and convenient payment network.

Considering the prominent performance of Lumen in a few months, I think stellar is worth investing. What’s your idea?