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Millions of Dollars of Free MFT Tokens are Raining on Europe This Week

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Famous for creating the world’s first literal airdrop in New York, decentralized messaging company Mainframe are touring Europe with millions of dollars worth of MFT tokens to give away. Tonight, excited participants will gather near Liverpool Street Station in London to let hundreds of token-filled balloons fall from the sky above their heads.

From Paris With Love

Last night, Mainframe hit the streets of Paris and organized a pop-up airdrop right in front of the Eiffel tower. Then on June 25, their supporters arrived at a space that held hundreds of balloons filled with tokens for participants to redeem for MFT. Towards the end of the event, the balloons were released and the crowd swept up the free tokens. Each token held a value of 0.1, 0.5 or 1 ETH.

Mainframe tweeted: “HELLO PARIS!  Who wants some $MFT? We’re doing a pop-up Airdrop TONIGHT! Meet us at Avenue Joseph Blvd in front of the Eiffel tower between 9:00 & 9:15! We’ll be the ones wearing Mainframe shirts.”

Why are they giving out so much? Look at DFINITY, which held the largest airdrop of $35 million because they didn’t want to be at risk of a securities violation. Cryptocompanies are worried that performing an ICO may amount to running an unregistered security and they don’t want their products to be at risk in that way. Hence, Mainframe is airdropping their tokens across the world. As they put it: ‘Aliens or asteroids can’t stop this.’

Their philosophy is to perform a worldwide ‘crowdgift’ of tokens, called ‘Proof-of-Being’. They aim to fulfill airdrops in 25 cities across the world. By spreading their tokens freely, without taking payment they will ensure that the distribution of tokens is widespread. Unlike major cryptocurrencies which have the majority of their wealth held by a few individuals, these tokens will really be owned by the community.

London: ‘Bigger and Better’

Tonight, Mainframe is set to do their magic in the world’s financial centre as London sweats in a rare heatwave. In an event near London Liverpool Street Station, they will again deliver a rewarding event. Rules are only one token per attendee but it’s anyone’s guess how they enforce that.

Mick Hagen, CEO of Mainframe, told Global Coin Report: “These airdrop events are a way for us not only to engage our community but also raise awareness around a larger issue: the need to protect every individual’s rights to privacy and freedom. There’s a perception that the majority of people in the crypto business are here to get rich quick — we are the exact opposite”

The event description said: “If you haven’t been to an event yet, these ones will be bigger and better. We’re taking the events to another level. Europe will be HUGE. With TGE imminent, this is a great opportunity to participate in our CrowdGift and join Mainframe and it’s mission. Privacy. Freedom. Surveillance-resistant communication. As a community, we will bring this to the world.

Amsterdam: ‘Venice of The North’

After London, the Mainframe team will be heading to Amsterdam to run their next airdrop event the following day on June 27. Held at a historic hotel in the centre of the city, they will replicate their iconic MFT distribution while spreading awareness of cryptocurrencies in northern Europe.

Mick Hagen, CEO and founder of Mainframe will be speaking at the Blockchain Expo in Amsterdam earlier on the same day at 4 pm. His talk will be about how Mainframe can be used to protect data from hackers, censorship and other bad actors. He will also criticize companies who ‘auction off’ user data.

A preview to the talk said: “Today’s internet is a candy store for unwanted third parties and bad actors, with shelves restocked every second to feed a binge that’s never enough. Never enough for a surveillance leviathan that slurps up every stream of information — every word digested, every bit analyzed. But technology is biting back with an opportunity to unseat the bloated monarchs who lord over the web today.”

Mainframe Defends Free Speech

In response to crackdowns on free speech by journalists and citizens in the US and Turkey, Mainframe decided to support Edward Snowden’s Freedom of the Press Foundation. They made the first crypto donation to the organisation of 1,000 ETH ($548,000 USD) to support the non-profit foundation.

Mick Hagen, CEO of Mainframe, told Global Coin Report: “The success of our live airdrops and crowd engagement campaigns are a demonstration of our community’s commitment to protecting these fundamental human rights.”

On June 25, the foundation announced it would support cryptocurrency donations in Bitcoin, Bitcoin Cash, Ethereum, Litecoin and ZCash. It will also be adding Monero to the list. They will use the donation to provide information on the number of press freedom violations in the US.

Mainframe wrote that the donation “stems from the mutual goal to fight not only for a free press, but for a free people in a digital age: free from the chains of censorship, free from the tyranny of unchecked surveillance, and free to use our data how we want.”

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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