ICO review - Mainframe - Decentralised Messaging

Private communication is, arguably, a human right. Mainframe is here to right all the potential wrongs regarding that conundrum.

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The whitepaper is inspirational from the very start. It goes on to mention that ‘no right of private conversation was enumerated in the US Constitution’. That is about to be a moot statement.

https://mainframe.docsend.com/view/j39qpui

The mainframe offers us a way

• to have encrypted data privacy
• to avoid any and all surveillance (someone looking in)
• to avoid censorship attempts (someone locking us out)

Big financial and social upheavals in this millenia depended on the means of communication. Notably peer to peer communication - facebook, skype, whatsapp and similar services played a pivotal role in forming the future as we know it today. Security leaks happened to small and big businesses alike, but this might be the end of such misfortunes.

I for one, have shared some of my private information over slack messaging. I do trust the people I talked too, but should I trust the service providers who also have all the records available? Probably even deleted messages.

How is mainframe better?

It is decentralized and unhosted. Participants in the token economy are incentivized to take part in data services and file storage.

Buzz words here are great networking protocols, the highest security and user sovereignty.

Each ‘mainframe node’ will consist of various communications layers and interested parties will be incentivised to cooperate with one another. I don’t understand the technicalities of data and service dispersal through the nodes, but white paper assures us it will be done thoroughly.

I call on you to check out the process and comment on the viability of it, if you have the knowledge to do so.

Incentives

Peering relationship, which seems essential to the whole process will depend on agreement on the service pricing. All services will translate into use of ERC20 token as a means of compensations. In this case this token is Mainframe (MFT). In future, they are developing interoperability with other blockchains (other than ETH) such as NEO, RSK, Tezos...

It seems there is a way to earn even if we are not personally using it.

I like how the data is stored in puzzle pieces. It’s meaningless unless you combine it.

Use

• Onyx messaging app
  https://blog.mainframe.com/mainframe-pre-alpha-release-fca532317111

Already made and I’m trying to set up a covert beer exchange, I just need interested parties to sign in. Dark mode, just for the fun of it!

Available at github repository:
https://github.com/MainframeHQ/onyx/releases

Maybe they should repost it through utopian.io, get some of that steamy STEEM as a reward!
https://join.utopian.io/

Roadmap

• Get Onyx to beta version
• merge with Ethereum blockchain and Swarm distributed storage platform + PSS for surveillance resistant package routing

For more stay tuned and maybe join their Telegram (which they will overtage one day?)
https://t.me/MainframeCommunity

How to buy MFT?

public crowdsale will have unlocked when Telegram hits 20k members

In short, there will be three phases and everyone is welcome!

https://blog.mainframe.com/introducing-the-mainframe-crowdsale-9a73ea7ae9d4

There is also a private pre-sale, with a twist of sorts. Read about it here

https://blog.mainframe.com/how-to-participate-in-the-mainframe-private-pre-sale-f655bdf1360f

Are you a future Mainframe Ambassador?

Required duties are

• Answer questions on Telegram and other community channels
• Translate and proof translations of various documents from Mainframe
• Review press about Mainframe published in English and other languages
• Organize IRL meetups and events in your area (when the time is right)

More info here: https://blog.mainframe.com/announcing-mainframe-ambassadors-449aa613c4c3

DevCon Three - Mainframe Presentation

The team

By and large impressive previous achievements, this team sounds like they want to get the job done. They seem eager and hip, no woman is distracting them. At least in the inner circle. I hope they drink beer at least.

https://mainframe.com/team

ICO token metrics

• Ethereum (ERC20) tokens
• Hard Cap: 30,000 ETH (right now about $26 million )
• Pre-Sale Tokens: 3,350,000,000 MFT @ 33.5%
• Price: 1 MFT = 0.000006 ETH (bonus 10% more tokens if pre-sale)
• Public sale: 1,650,000,000 MFT @ 16.5%

Source: https://icoslot.com/en/ico/mainframe/

See you on the other side!