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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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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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