EOS Airdrop — What Is It And When Will It Come?

EOS Airdrop — What Is It And When Will It Come?

Despite the fact that 2018 has been almost constantly bearish,

numerous cryptocurrencies have still managed to make some very important moves. EOS is certainly one of them, and this year will be marked forever in EOS history as the year when the crypto has launched its own MainNet.

While this was a most eagerly anticipated event, it was successfully pulled back in June. Ever since then, EOS has been working hard to make its network bigger, better, and more reliable. The same goes for its community, which has already benefitted greatly from numerous EOS airdrop events in the last few months. However, the excitement is not yet over, and EOS airdrop list still holds quite a few of events that should not be missed by coin’s supporters and holders.

What is EOS airdrop?

For those who might not know, an airdrop is an event during which a crypto project distributes its coins to its users. The events have grown to be very popular, since coins are distributed for free, and they can be obtained without paying or trading other cryptos. This is considered to be among the best marketing strategies for every crypto. The faithful users can see it as a reward for their support, while it is not unheard of for these events to attract new users which are effectively expanding the coin’s community. With an increase in awareness, EOS airdrop events can also help with driving the widespread adoption of the coin.

Airdrops are often performed by various projects that are in development on the specific coin’s network. These can include new dApps, platforms, and even decentralized exchanges. By releasing coins to coin holders, these projects are successfully spreading awareness, and are getting more supporters and users.

What EOS airdrops can be expected soon?

As mentioned, EOS airdrop events have become increasingly popular, especially in the recent months. July, August, and September have already had numerous such events, which have dropped quite large amounts of EOS tokens. This will, of course, continue in the coming months, and the EOS community is eagerly awaiting their arrival. At the time of writing, there are a few airdrops that have already been scheduled, with a lot more of them that have yet to specify the date and time of the events.

These include airdrops made by a wallet MORE, Chinese block producer candidate EOSpace, a gambling portal EOSBet, a fundraising dApp GiveyNation, and more. One event that has been scheduled months in advance is CADEOS airdrop. CADEOS is a decentralized CAD file, as well as a platform dedicated to project management. It aims to allow users to manage their projects with more efficiency and ease, as well as to share and edit CAD files on the platform directly. CADEOS airdrop is scheduled to be held on December 12 of this year.

While the number of scheduled airdrops is currently only limited to CADEOS airdrop, this should not discourage EOS holders. As mentioned previously, there are numerous others that have yet to provide an official date of the airdrop. Still, they will come sooner or later, and EOS enthusiasts should stay tuned, and keep an eye out for official announcements of these events.

Article Produced By


Ali Raza
A freelance journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali's work has been published on a number of cryptocurrency publications.

Check out the new Global Coin Report talk show as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

ThorBlock Pools Will Allow Anyone To Invest in ICOs on VeChainThor

ThorBlock Pools Will Allow Anyone To Invest in ICOs on VeChainThor

Safe Haven has announced a new project called ThorBlock,

described as a platform that will allow users to pool funds on the VeChainThor blockchain. The project will allow individual investors to participate in crypto-related activities that would normally be out of their price range, including ICOs.

The platform requires pool administrators to start a community pool by locking down their own SafeHaven tokens (SHA). Other users can then contribute to the community pool, which will be used to raise funds for group investments. Once the pool matures, the administrator will gain access to the deposited funds. They can then invest in the project that the pool has agreed to fund. After that, the rewards will be divided between the contributors.

ICO Investing

ThorBlock will enable individuals to participate in ICOs and token sales, even when regulations and investment limits restrict them from doing so. Many ICOs are too expensive for individual investors and are only open to accredited investors. Additionally, ICOs are generally off-limits to residents of the U.S., China, and many other countries. But with ThorBlock, a pool operator who qualifies as an ICO investor can invest in the token sale on behalf of the community pool. After the ICO is complete, the earnings can be redistributed to the pool members.

Staking Nodes

Update: According to VeChain Insider, “Although the [ThorBlock] pool wallet could potentially be used to create a new node (not an X-Node), this is not recommended, since it is not possible to distribute the generated VTHO between pool contributors. Safe Haven is currently working on a dedicated solution for node pooling called TrustNode.”

Previous Pools

Although ThorBlock may be the first platform of its type, crypto investors have been arranging pools for some time. One blogger notes that many pool administrators currently use Telegram to coordinate investors who want to fund a particular ICO. However, ThorBlock’s features may allow pool administrators to more effectively manage their contributors. The platform will allow administrators to whitelist users so that only trusted contributors can participate.

The platform will also allow users to put more trust in pool operators: administrators cannot withdraw funds early, and users can revoke their funds if they have second thoughts. Admittedly, many investment pools currently use smart contracts to control funds — these are known as trustless pools. However, ThorBlock will provide an all-in-one platform designed specifically for this purpose. The project will launch in early October.

Article Produced By

Mike Dalton

https://unhashed.com/cryptocurrency-news/thorblock-pools-allow-anyone-invest-icos-vechainthor/

What do you think about Bitcoin and Airdrops?

What do you think about Bitcoin and Airdrops?

Airdrops.I’ll give you a straight answer from two perspectives.

One as an experienced marketing professional with a bit over a year of active trading experience under my belt,
and another from a participant.

Marketing professionals…

Anyone reading this who may be considering launching an airdrop campaign for your coin.. understand one simple thing. Airdrops bring out the worst in cryptocurrency. Literally the worst. Don’t do them. Seriously. Just don’t.

Why? Well, ok, I’ll explain why.

  1. Bots. Soooooo many automated auto joins to the degree of insanity. You’ll gain 12,000 new members in 24 hours on your channel but you’ll have zero participation because none of them are real.
  2. You’ll gain zero actual investors. People who have money and wish to invest in your company don’t chase $1 worth of coins. There is so much work involved in doing most of these airdrops that the fact is, you could expend an equivalent amount of energy simply trading $100 worth and gaining infinitely more. Thing is, people won’t look at it like that. No one will pay attention to your coin. They’ll see you’re doing an airdrop and they’ll immediately think reason 3.
  3. Airdrops result in unrecoverable dips for weeks on end. You effectively fed the machine and now the machine will want to eat and people will sell and sell and sell, causing your coin price to dip…. low.. because that’s all the price action you’ll have, a bunch of sell orders being placed, one lower than the other, competing to sell off the coin and squeeze that quick return on investment… So, there is now a new problem.. your coin is severely undervalued and you’re looking like a shitcoin. Your telegram channel is completely a ghost town and your price is way below average.. not only that you’ve just given away the one thing you forced EVERYONE else to pay for during the ICO which adds insult to injury because now they resent you as well. To compound the issue, their investment just dropped in price by 30–40%.
  4. Now you have a ghost town for a Telegram, have expended countless hours of work managing the airdrop, expended energy promoting it and pumping it and the only thing you’ve gained is a lower price than you started with.

Need more of an explanation than that? Do I like airdrops? No. Waste of time as a marketing ploy. Completely and absolutely s*** in every capacity. For anyone else looking to participate in airdrops.. ya.. so about that.. they’re free coins.. usually like $5 here and there but every now and then you may get lucky.

If you want to run around chasing pennies then go for it.. personally, I’d rather just buy $50 of a coin and hold onto it.. it won’t be worth a retirement but it may be worth something at some point. But sure… literally free coins they send you X amount and you hold or sell. It’s used as marketing. Just be careful you aren’t trying to cash in on some shady exchange because that shady exchange may be trying to rip you off.

Article Produced By

John Gannon

John Gannon, Difficult to describe, easy to understand.

https://www.quora.com/What-do-you-think-about-Bitcoin-and-Airdrops

What Does the Rise of Airdrop Campaigns Tell Us About ICOs?

What Does the Rise of Airdrop Campaigns Tell Us About ICOs?

Airdrops are massive distributions of value-caring cryptographic assets,
free of charge.

Pennies from heaven, who doesn’t like them?

Especially when it comes to magic pennies, raining down from a cryptographic sky, bearing the promise to increase in value as time progresses. This isn’t just the latest geeky Sci-Fi-inspired fantasia show killing it at Comic-Con, but rather a serious financial instrument, burgeoning in the always exhilarating blockchain space. It’s called an Airdrop, and it describes a mechanism through which a blockchain startup distributes its tokens, or virtual currency, to a large number of random people for free. ere and there you’ll be kindly asked to post about the event on social media, but overall, Airdrops are massive distributions of value-caring cryptographic assets, free of charge.

Airdrops are not a new phenomenon. We have seen blockchain companies hand out their tokens for free before. Normally this would happen shortly after, or sometimes before these entities offered their tokens in a public sale, or Initial Coin Offerings (ICOs). In 2017, ICO sales grew to astronomical proportions, in some cases reaching $153 million. With such figures, free handouts act mainly as a marketing stunt, designed to increase followership and to support the overall fundraising operation. 2018 Airdrop campaigns, however, tell quite a different story.

The amount of blockchain startups skipping the ICO phase entirely, limiting their public token distributions to free Airdrops is steadily growing. $60 Million heavy Polymath didn’t raise a dime from the general blockchain-public. The same goes for M&A marketplace LEXIT, refuting ICO rumors and limiting public participation to a “Community Airdrop,” joining ventures such as trading-community Rublix. What most of these projects have in common is evidently a solid influx of private investments, but maybe more importantly – they all balance on the lip of a highly regulated volcano. Polymath seeks to trade securities on the blockchain, LEXIT allows entrepreneurs to buy and sell entire companies and their assets, while Rublix lets you trade sensitive financial data.

Projects of this kind are like candy for activist regulators, even without involving the unregulated public sale of a new kind of asset, which may or may not be a security, depending on who you ask and in which way the wind blows today. It comes as no surprise that these established projects, which have managed to raise considerable private funding, are more than happy to skip their anticipated “public rounds” and hand out tokens to the public for free – an act that will probably remain legal, even if ICOs get regulated out of existence.

However, go over the long list of new Airdrop offerings to see that even smaller players start to prefer this less dangerous route, even if it means losing the opportunity to raise unbelievable sums of money. The young blockchain space amazes the startup industry with its dynamic changes, happening incredibly fast. Merely a few months ago ICOs were all the rage, while at the moment some crypto-insiders might recommend staying away from unfunded projects and to skip the ICO phase, at least partly.

This, of course, raises two questions: one, where does all this “private money” come from? and two, why hand out tokens for free if you can sell them privately, no strings attached? The answer to the first question again highlights the rapid changes in the blockchain space: the money comes from a loosely-affiliated network of dispersed blockchain enthusiasts; crypto markets have evolved into a maturing industry, comprising investment funds, market-makers, “institutionalized investors,” and all the jazz that makes boring Wall Street tick the way it does.

The answer to the second question is slightly more tricky: free tokens don’t yield returns or dividends the way stocks or bonds would, so their value relies entirely on the activity of secondary markets. The moment a blockchain startup matures, and its tokens become a means to unlock a certain utility, this changes to a large degree, but until then, and for private investors to sleep tight, they are dependent on demand and liquidity provided by public activity on token-exchanges. Airdrops create this activity.

This, then, raises further questions. The blockchain industry was borne of a sentiment, disparaging the ways of Wall Street “institutionals” while praising the dispersed wisdom of the crowd. ICOs were one of the means through which this sentiment was realized. Are these days now over? Is Crypto becoming just another industry, dominated by leviathans controlling highly consolidated markets, with the public picking up oddments from the floor? Well, partly, but not so fast.

The public, or “the community” as it addressed in this sector, still has a vital role in blockchain projects. Most of them still rely on network effects, some of them are open-source, and all of them would be pretty worthless without a large followership. The willingness of compliant projects to throw their tokens around, and lose potential private investments, isn’t just manipulative market-making. Airdrops as a public distribution mechanism signify that the public plays an ever increasing role in these startups, and that this role is important enough to be set on a payroll.

So then, will ICOs disappear completely and morph into Airdrop-like handouts? Well, probably not, but at the moment it appears that the public will follow projects that have raised considerable private funding, seek to raise less impressive sums publically, and perform the rest of the necessary distribution via Airdrops and various loyalty schemes. One thing however remains certain – never before have corporations donated their financial assets to random strangers only to secure their existence. This as a tendency alone would probably justify the colorful craziness this industry never tires of producing.

Article Produced By
Thought Leadership

https://www.financemagnates.com/thought-leadership/rise-airdrop-campaigns-tell-us-icos/

Congressional Crypto Roundtable: Panel Discusses Token Classification and Compliance for ICOs

Congressional Crypto Roundtable:
Panel Discusses Token Classification and Compliance for ICOs

More than 45 representatives from major Wall Street

firms and crypto companies took part in a meeting to discuss Initial Coin Offering (ICO) and cryptocurrency regulations in Washington D.C. September 25. The “crypto roundtable,” hosted by Congressman Warren Davidson in the last legislative session week before elections, gave a chance for industry representatives to express their concerns regarding possible regulations of the crypto space. Namely, experts told lawmakers that there is a pronounced lack of regulatory clarity for ICOs and digital currencies.

Roundtable participants discussed “token taxonomy,” aiming to describe the existing uncertainty around the definition of ICO tokens, as well as the implied regulatory framework. Experts suggested principles for regulatory compliance and consumer protection, aiming to outline major regulatory approaches that should be implemented in line with the evolving technology. Addressing the first and main point of the discussion, Marvin Ammori, General counsel at Protocol Labs, stressed a whole “cascade of uncertainty,” associated with existing token classification.

Ammori cited the issues faced by the decentralized file storage project Filecoin (FIL), claiming that at the time the company was was launched in 2017, they thought that the Securities and Exchange Commission (SEC) would consider it a security. Chia Network president Ryan Singer joined the discussion, pointing out the “Ethereum question” that was raised recently when the SEC stated that the major altcoin would be not regulated as a security, but rather as a commodity.

Singer agreed with Ammori, emphasizing that the main problem of the industry is the absence of clarity, as well as no basic definition of what is “decentralized enough,” or what is “functional enough.” Hilary Kivitz, COO and General Counsel at Andreessen Horowitz Crypto, suggested that tokens operating within a fundraising phase should be considered securities. Kivitz also suggested a definition for general tokens, stressing that tokens’ incentive should “align the interests of all the participants” of

the ICO network:

“Tokens [are] an asset that facilitate a shared incentive network, where every participant derives value from the growth of the network.”

Other participants argued that current regulations were not only vague, but outdated. Joshua Stein, CEO at crypto-security firm Harbor, stated that securities regulations “do not work” in regard to utility tokens in decentralized apps (DApps). Stein concluded that current securities laws are only appropriate for traditional securities, and “they are not good fit” for

the ICO industry:

“Everytime I want to use decentralized Microsoft Word, or I want to store files like with Filecoin, imagine every time you use Dropbox, you have to contact a broker dealer, go through a KYC (Know Your Customer) process, perhaps be accredited by your Dropbox subscription on a licensed exchange, and then go through a whole bunch of reporting requirements, it just doesn’t work.”

Kate Prochaska of the U.S. Chamber of Commerce said that three things need to be done so that the crypto industry “doesn’t go abroad as well.”  Prochaska named regulatory coordination, clear definitions, and engaging with regulators to seek “no action” letters.

Article Produced By
Helen Partz

Helen is passionate about learning languages, cultures and the Internet. She has years of experience working at international online advertising projects. Growing interested in Bitcoin and cryptocurrencies in late 2017, she joined Cointelegraph as a writer.

https://cointelegraph.com/news/south-korean-government-to-exclude-sale-brokerage-of-digital-assets-from-venture-business

What is an Airdrop?

What is an Airdrop?

The basic idea behind an airdrop is to distribute cryptoassets

to investors, entirely for free, to encourage the adoption of that particular token. However, the concept often leaves investors confused. Surely giving out something valuable for free makes little sense? Why do companies do it? What does an investor need to do to receive these free tokens? What is the catch? In this part of the Lisk Academy all of these questions will be clarified and explained.

In short, an airdrop involves a cryptocurrency being dispensed to cryptocurrency wallet addresses. Investors will normally log into their wallet to find that they suddenly hold a certain amount of tokens, usually a token that they have never heard of, that they did not have the last time they checked their wallet. It can sometimes be a confusing and uncomfortable surprise the first time that it happens to an unaware investor. However, there is really nothing to worry about.

The first, and most important, thing to know is that if a cryptoasset is in a wallet, it is indisputably the property of whoever owns the private key to that particular wallet. Therefore, once a cryptocurrency has been airdropped to a wallet it belongs to the owner of that wallet. Therefore, should that individual decide to sell the tokens straight away, take the profits and invest them elsewhere, they are free to do so.

How to Receive an Airdrop?

The reasons dictating which address receives an airdrop can greatly vary. It can by all means be entirely random, based on no defining factor and sent to randomly selected addresses. However, other factors can come into play for those who are actively seeking to receive airdrops.

Scams are commonplace wherein airdrops are offered in return for private keys. Never give your private key to anyone. This will result in a loss of all cryptoassets. Only a public key is ever to be shared. A further step in avoiding such scams is looking at the URL of any site offering airdrops in detail. Always check for the green padlock and ensure there is no suspicious misspellings in the URL. If there is any doubt whatsoever, leave the site immediately.

For example, an address might sometime need to be registered on the company’s website so that it is known where to send the airdrop or whether the the holder of the address is a supporter of the project, which can sometimes be a requirement for an airdrop. The company can use the address to take a snapshot of the accounts holdings to ensure that the address is holding their particular cryptoasset.

What is a Snapshot?

As blockchain technology is transparent, anyone can view the holdings of a particular wallet if they know the public address. Therefore, conditions, such as holding a certain cryptocurrency, can be set that a wallet needs to meet in order to be eligible for an airdrop. A company will check an addresses holding at a particular date to ensure that their tokens are present amongst the holdings. These snapshots can also be taken over a period of time to determine the average holding of the token, ensuring that the user doesn’t simply buy the token, deposit it in the address and withdraw it straight after the snapshot.Generally, airdrops divide into two categories. Completely randomised or dependent on whether the investor is already a supporter of the project carrying out the airdrop.

What are the Benefits of Airdrops?

The benefits of an airdrop from a receivers perspective are clear. They are receiving tokens, which have tangible value, for free. To some extent, it can almost be regarded as “free money”. However, the benefits of carrying out an airdrop can sometimes be less obvious from the standpoint of the company doing so.

The foremost reason a company will willingly carry out an airdrop is to encourage the adoption of their particular utility token or cryptocurrency. They will do so because it is extremely difficult to stand out in such a dynamic and densely populated environment. There is a new cryptocurrency sprouting almost every day and with over 1500 cryptocurrencies in circulation it is a serious challenge for any aspiring projects to stand out and garner the attention of potential users.

Aa airdrop acts as an incentive for those who are receiving a token to research the project behind it. The hope is that a potential investor will like the project and be inclined to support it further, by buying more tokens for example. Furthermore, an airdrop can be seen to demonstrate the value or capabilities of a network, to a degree. Successfully delivering tokens to multiple addresses can be seen to demonstrate that the network itself works and that transaction fees are low enough for this to be practical.

Carrying out airdrops can also help blockchain projects maintain the loyalty and engagement of their community. Blockchain projects tend to be actively developing a promised product over time and during that period it can be a vital challenge to keep their community actively interested and engaged in their vision.

Is there a Catch to Receiving an Airdrop?

As mentioned earlier, the cryptocurrencies in any particular wallet are the sole and indisputable property of the owner of that wallet, namely whoever has the private key associated with that wallet. Therefore, a fee or some sort of catch cannot be applied to allow a user access to the airdropped funds in their wallet. In that regard, once the tokens are in a wallet they are the property of the wallet owner.

However, an indirect catch can be that tokens that are airdropped will not be traded on the larger, more commonly used exchanges. Therefore, an investor will need to dedicate some time signing up to a smaller, lesser known, exchange to have any chance of selling the airdropped tokens that they have received.

Similarly, some investors might simply not want to receive airdrops. More often than not, the value of the tokens that are being airdropped will be negligible and in that regard receiving unwanted tokens that are not worth the time it takes to sell can frustrate some individuals.Always ensure that a token is compatible with a particular exchange before sending it there to trade. If a trader transfers a token that is not listed on an exchange to that particular exchange, the tokens will be lost forever. Always carry out thorough research in regard to token compatibility before transferring tokens anywhere.

What Should an Investor do upon Receiving an Airdrop?

At the end of the day, the final decision is the investors. On the one hand, it can be worthwhile for an investor to research a project whose token has been airdropped to them. It could theoretically be a hugely successful project. On the other hand, dedicating time to researching a project is the purpose behind an airdrop and in that regard an investor is doing exactly what the sender intended for the receiver to do.

This could end up being a waste of time, so it is important to carefully pick and choose which projects are worth investing effort into researching. In that regard airdrops have been dubbed by some as the equivalent of spam emails in the blockchain space. They are sent to capture the attention of users without necessarily guaranteeing tangible value. To some extent it can also be assumed that the biggest, or most likely to succeed, projects will not need to carry out airdrops. Awareness and belief in what such projects are trying to achieve will exist organically, based on the quality of their team and product. However, respectable projects have been known to sometimes carry out airdrops too.

Whether airdrops are an effective marketing tool, free money or the equivalent of spam emails is entirely up to each user to decide for themselves. Irrespective, they are a prominent feature of the cryptocurrency space. As always, the most important aspect with arriving at a conclusion, or engaging with any project is carrying out extensive and thorough research before doing so. 

Article Produced By
Lisk

https://lisk.io/academy/blockchain-business/cryptocurrencies/airdrops-explained

 

Wallet Provider Blockchain Sues Crypto Startup Days Before ICO

Luxembourg-based cryptocurrency wallet provider Blockchain

has filed a lawsuit against a startup with a similar name, the company announced Thursday. Blockchain – formerly known as Blockchain.info – is suing Blockchain.io just days in advance of the latter's initial coin offering (ICO) over concerns that investors may believe they are buying tokens distributed by the wallet distributor, according to a public court filing.

Specifically, the suit names Paymium SAS, the company behind Blockchain.io, and founder Pierre Noizat, as defendants, claiming that Paymium has participated in "bad acts," including the operation of the now-defunct crypto wallet Instawallet. A representative for Blockchain told CoinDesk that the move came as a result of investors confusing the two firms,

adding:

"As we allege in our complaint, blockchain.io is using our brand to cover up a history of hacking and theft of user funds. Worse, they are raising money in a dubious ICO they claim is 'registered with the [U.S. Securities and Exchange Commission].' There is of course no registration statement in place. Given the current climate of SEC enforcement and scam ICOs, when users and investors alerted us to this confusion, we needed to step up and take action before any further harm was done."

Among the suit's arguments is the claim that Blockchain.io's logo is similar to Blockchain's, which infringes its design marks (both logos are pictured above). The complaint specifically states that "Blockchain does not claim exclusive rights to the word 'blockchain' to describe the technology underlying cryptocurrencies …Rather, it claims exclusive rights in the BLOCKCHAIN marks, which it has been using exclusively for its Blockchain Products and which have become well and favorably known to consumers throughout the United States and the world as identifying its highly regarded and secure services."

It goes on to note that "in 2018, after years of doing business under different trademarks, Paymium adopted the mark BLOCKCHAIN.IO in a blatant and bad faith attempt to capitalize on the valuable and trusted BLOCKCHAIN marks and to confuse consumers into believing Paymium's inferior services emanate from or are otherwise associated with Blockchain."

"Paymium's digital currency services are identical or nearly identical to Blockchain's Digital Wallet Services, Mobile App Services and Website Services, which allow consumers to exchange one form of digital currency for another, such as bitcoin for ether or bitcoin cash," the suit continued. However, Blockchain.io has denied the claim, with founder Pierre Noizat telling CoinDesk that "we find it strange that Blockchain Luxembourg filed a claim just [six] days before our public token sale when they had [six] years to contact us regarding our domain name if they had issues with it."

Indeed, whois information confirms that the domain "blockchain.io" was first registered in April 2012 by Paymium. Public records with the National Institute of Industrial Property, the French patent office, also show that blockchain.io was registered as a brand in 2017. However, it is unclear if there was any activity under the domain prior to 2018. The Wayback Machine does have a snapshot from 2017, indicating the domain may have simply redirected to Paymium's website at the time.

And while ICOs cannot "register with the SEC," companies offering securities sales can declare their intent to do so. Public records indicate that Paymium filed a "Form D" for the sale of "digital tokens" in June 2018, announcing the company's intent to sell tokens in the future. CoinDesk was unable to confirm that Blockchain.io had registered with the Autorité de Contrôle Prudentiel et de Résolution, or the French bank and insurance company monitor, as the firm claimed in its pitch deck.

Lawyers weigh in

The lawsuit has failed to impress at least some lawyers who work in the space. Stephen Palley, an attorney with corporate law firm Anderson Kill P.C., told CoinDesk that "it's an odd argument to make in a trademark infringement action." His colleague, Dan Healy, explained further, saying that "BLOCKCHAIN" is a generic term.

"Generic terms are not generally trademarks because they do not identify [a] source. They generically refer to a thing or service. It looks like the plaintiff is trying to show that it is using its design mark as a source identifier for digital wallet services, as something not generic to blockchain, even though they are wallets for holding blockchain currency," he explained. Palley expanded on that idea, noting that "in fact, they had to disclaim any such protection, the lawsuit even says as much."

He added:

"Their use of the word blockchain isn't really protected under U.S. Trademark law … Perhaps because they couldn't get protection for the word, they filed a "design mark" – "blockchain" in all capital letters with a picture next to it. And even though they don't have trademark protection for the word, it appears that they are in effect by this lawsuit trying to use their design mark to prevent blockchain.io from using the word blockchain."

"We think that's a weak argument," he concluded.

Healy noted that Blockchain disclaimed the term, saying "no claim is made to the exclusive right to use BLOCKCHAIN apart from the mark as shown." "That means the plaintiff has a design mark and disclaimed the exclusive right to use the term BLOCKCHAIN, but appears to be trying to enforce its mark to preclude other from using the term BLOCKCHAIN," he said.

Article Produced By
Nikhilesh De

https://www.coindesk.com/wallet-provider-blockchain-sues-crypto-startup-days-before-ico/

What are airdrops and why should I care?

What are airdrops and why should I care?

When a new cryptocurrency is launched the developers need to decide  what to do with the coins.                                               

How to Claim Cryptocurrency Airdrops

Some have them locked up until they’re mined, some put up all the coins for sale in an ICO (initial coin offering) and some give away some or most of the coins in a free airdrop. Why would they just give away the coins? It’s all about marketing and getting the word out that your cryptocurrency project exists. And if people like your project and currency, they’re likely to hold the coin, perhaps even buy more and drive up the price.

So what are these airdrops actually worth? It really depends. Most are in the $1 to $3 range. But some will be worth hundreds or thousands of dollars. You could sign up for a ton hoping to catch some good ones or you can just sign up for airdrops from projects that look promising (fyi most of my biggest payouts were not coins that I thought had any potential).

Steps to claim crypto airdrops.

Have necessary social media accounts.
The requirements for airdrops vary but many require social media accounts including Bitcointalk (a cryptocurrency forum), Facebook, Telegram and Twitter (sometimes Instagram, Steemit and Reddit). I use a dedicated Facebook, Twitter and email just for signing up for airdrops (some require you to post about them or subscribe to emails so I don’t want to clutter my other accounts).

Get an ERC20 Ethereum wallet.
Some airdrops will be held right on the platform’s website, but many tokens will go to an Ethereum wallet. An ETH wallet on an exchange will not work. You’ll need need an ERC20 (can hold ETH and ETH tokens) wallet such as one from My Ether Wallet. You can read how to set up a MEW account here. Besides MEW you may try Parity or MetaMask. Another platform that is starting to see token airdrops is Waves. You can get a Waves wallet here. Make sure you store your private key in a safe place (or places) where you won’t lose it or else you’ll lose you’re funds.

Have a list of your info for easy access.
 
It’s good to have a list links to the social media accounts you use and your wallet address so you can quickly copy and paste the into form fields. I use “text expansion” or autocomplete tools to help fill out forms. (Breevy and PhraseExpress are a couple popular ones.) So if I type “eA”, my Ethereum address will automatically be filled into the form field.

Find airdrops and follow the claiming instructions.
There are airdrop links scattered all over the internet, but I’m partial to our huge airdrop spreadsheet that is updated daily. We also run the largest airdrop claiming group on Facebook where you can sign up for and share your airdrop links. To claim, some airdrops ask you to fill in a Google form, some ask you to share on social media, some have you create an account on their site and some want you to talk to a Telegram bot. Whatever they ask you to do, follow the instructions very carefully and don’t try claim airdrops more than once or else you may end up with nothing.

Save your passwords.
Make sure you have a good password manager that is secure. Create strong passwords that have capitals, numbers and special characters. Save your passwords right away or else you’ll have to keep requesting password resets.

Avoid scams.
Unfortunately some airdrops are outright scams and some are fake forms impersonating popular currencies. A rule of thumb is to never give out info that is too personal and never give out your private key. And be wary if a form asks for a “donation” to get more coins… if it’s a fake form you just gave money to a scammer. I’ve only donated to a project once; I just like free stuff.

Check your airdrop balances.
Go to DeltaBalances and paste in your ETH address to see all the tokens you have in your Ethereum wallet and how much they’d trade for on the exchange Ether Delta. (I wouldn’t recommend trading on Ether Delta. It can be a good way to cash in your junk tokens but the interface is very frustrating and I’ve made a mistake worth 100’s of dollars due to that.) I like to wait until a token hits it big and then transfer it to a regular exchange to sell it. But sometimes as soon as an airdrop is released there will be an initial pump where you can sell the token at a high price. Some of these airdrop cryptos should be dumped but some will be successful and may be good to hold long term.

Have fun!
Maybe you’ll strike it rich and maybe not. But when I see my wallet that’s full of tons of up and coming coins, I get a similar feeling to when I was a kid collecting baseball cards and Pokemon. You don’t have to catch them all, but try to catch a few good ones, it’ll be fun.

Article Produced By

https://yourfreecrypto.com/how-to-claim-cryptocurrency-airdrops/

Blockchain files a complaint against a cryptocurrency exchange, launching ICO next week

Blockchain files a complaint against a cryptocurrency exchange, launching ICO next week

Blockchain, a cryptocurrency company,

announced on their official Twitter that they have filed a complaint against Blockchaindotio, a cryptocurrency exchange, for using their name and promoting false information to users. According to the blog report, Blockchaindotio is a cryptocurrency launched by Paymuim, a company which focuses on providing services for Bitcoin. However, it is stated that the company which was popular for running Instawallet is rebranding itself since they lost their customers funds to a hack.

In the year of 2013, Paymuim claimed that Instawallet was compromised due to a hack and that the customers’ coins were stolen from the platform. The platform also stated that they have filed a complaint with the police. This falls in the same timeframe as that of Mt. Gox hack, the biggest cryptocurrency hack in the space.

However, the announcement of the hack eventually resulted in many stating that the platform was running a scam and are falsely claiming that they were hacked. This is because the platform failed to show any evidence related to the police report despite the community asking for it several times. Reportedly, the company has not completely paid off the claims made by their customers.

Blockchain claims that the platform is rebranding itself in order to conceal the allegations of scam. The blog further stated the company is falsely claiming that they have registered with the Securities and Exchange Commission [SEC] for their Initial Coin Offering [ICO]. The ICO is going to be launched in next week on 27th September 2018. This would result in the investors being unable to trade the token publicly. Moreover, the report also stated that there is no evidence regarding the ICO being regulated by the French ACPR.

Blockchain stated that they are particularly concerned about the company has rebranded to a name which is similar to theirs and that it has already led to a lot of confusion in the market. They stated that the similarities which both the companies share include the domain name, the color of the portal, logo, and the tagline. Blockchain further stated that there have been several people questing them about the ICO.

Blockchain said:

“Blockchain is not doing an ICO. When we inspected blockchain.io’s social media and Telegram channels, we discovered that many more people had assumed that blockchain.io was Blockchain.”

They further added:

“To protect our users and maintain the trust we’ve worked so hard to build, we’ve had to take action. Today we filed a complaint in US federal court. We’ll file more complaints in other courts if we need to and we will continue to fight false and misleading statements that endanger the crypto community.”

Article Produced By
Priya

Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

https://ambcrypto.com/blockchain-files-a-complaint-against-a-cryptocurrency-exchange-launching-ico-next-week/

How to use AirDrop

How to use AirDrop

AirDrop makes sending files to Apple devices easy — here's how

Like many features native to iOS and MacOS,

AirDrop is both quick and easy. Similar to sending files via text and email, you can use the cross-platform utility to send photos, videos, songs, and even robust PDF files. This is particularly handy when you are in close proximity to the person you’d like to send your file to, as AirDrop only works when users are near one another.

The feature uses a Bluetooth connection to create a peer-to-peer Wi-Fi network between your iOS and MacOS devices and uses encryption to obfuscate your files. You can access it from directly within Photos, Notes, Safari, Contacts, and Maps too, without having to navigate to a different screen or copy and paste the information. Learn how to use AirDrop and it could become your best friend for file transfers.

Accessing AirDrop on iOS

Apple reconfigured the Control Center in iOS 11, making AirDrop less accessible than it once was. Thankfully, the feature is still easy to access.

Step 1: Swipe up from the bottom of your iPhone, iPad, or iPod Touch to reveal the Control Center. If using an iPhone X, swipe down from the upper-right corner of the display.

Step 2: Locate the upper-left box, which contains Airplane Mode, Bluetooth, and other connectivity controls. Make sure both Wi-Fi and Bluetooth are turned on.

Step 3: Perform a 3D Touch or hold down on any of the aforementioned icons. This will expand the box, and reveal additional controls like AirDrop.

Step 4: Tap the AirDrop button to open the quick settings menu. Here, you will be able to set your ability to send and receive files via AirDrop.

Note: If you see “Receiving Off” and can’t seem to change it, go to “Settings,” then “General,” and finally “Restrictions,” and ensure the AirDrop feature is toggled on

Using AirDrop on iOS

Using AirDrop on iOS is easy. Just follow these steps:

Step 1: Go to the file, photo, or other piece of content you’d like to share.

Step 2: Tap the Share button in the bottom-left corner of your device’s display. The feature’s icon will depict a box with an arrow pointing upward.

Step 3: Directly below the image or piece of content, you should see a list of available devices. Tap the name of the device with which you wish to share.

Step 4: Once accepted, “sent” will appear under the device name.

AirDrop on MacOS

AirDrop works just as well on MacOS as it does on iOS. Here’s how to take full advantage of it.

Step 1: Open “Finder” from the Dock.

Step 2: If you don’t see it in the lefthand sidebar, you can find it from the menu bar. Just select “Go” and then “AirDrop.”

Step 3: The AirDrop window will show you all nearby devices that can accept your files and documents. Drag what you want to send on to the intended recipient, and drop it to begin the transfer.

Alternatively, you can open the file you want to send and click the share button — it looks like a rectangle with an up arrow pointing out of it. Choose “AirDrop” from the sharing options and then choose a recipient to send the file to them.

Accepting or declining an AirDrop transfer

Sending a piece of content via AirDrop is easy, as is accepting or declining an AirDrop transfer. But it is a little different depending on which platform you’re using. If someone sends a file or photo to you using AirDrop, an alert will appear on your screen with a preview of said content. You’ll need to accept it to complete the transfer. On iOS, you can tap the “Accept” button that pops up in the center of your screen. On MacOS, you’ll need to look to the AirDrop window, or at the notification in the top corner.

Selecting “Accept” will open the app that corresponds with the file (Photos, for instance), whereas tapping “Decline” will cancel the transfer. Keep in mind that if you’re sharing content with yourself via AirDrop, you won’t see an option to accept or decline an AirDrop transfer; the content will automatically transfer between your devices, assuming both are signed in using the same Apple ID.

Making sense of AirDrop’s quick settings

Once you have access the quick settings menu, you’ll be presented with three options:

  • Receiving Off: This blocks your device from receiving any and all AirDrop requests.
  • Contacts Only: This makes it so only your contacts can see your device.
  • Everyone: This allows all nearby iOS users who are using AirDrop to share files with you.

Troubleshooting

If you’re having trouble transferring content between devices, double check that both Bluetooth and Wi-Fi are turned on. This applies to each device, as AirDrop only works when both Wi-Fi and Bluetooth are enabled. If that doesn’t solve the issue, ensure you’re not using your iPhone or iPad as a personal hot spot. To do so, go to “Settings,” then “Cellular,” followed by “Personal Hotspot,” and ensure the slider beside the feature is toggled off.

If none of the above solve the issue, make sure the two devices are within range of one another. AirDrop will not work if either user is out of Bluetooth and Wi-Fi range. Also, if the person you’re attempting to share your content with has AirDrop set to Contacts Only, and your information is not saved in their contacts, make sure they toggle their AirDrop configuration to receive AirDrop content from “Everyone.”

Article Produced By
Jon Martindale

https://www.digitaltrends.com/mobile/how-to-use-airdrop/