True Flip is launching its special game for token holders

Master Flip special for TFL token holders sees its second iteration on April 10 as True Flip announced the second round since its debut 3 months ago
02 April 2018   409

True Flip is going to celebrate another 3-months milestone of the project development and launches its special token holder game Master Flip. The draw will take place on April 10. The prize pool is 16 BTC. The following steps need to be taken to take part in the game:

Step 1. Park TFL Tokens before 15:00 UTC, April 10.

  • Log in to your existing account on Trueflip.io, or sign up a new one;
  • Choose "TFL token" on the left sidebar;
  • Find the blue tab in Dashboard and click "Park more";
  • Use the indicated address to transfer TFL from your wallet.

Step 2. Make sure you’ve got Flip Coupons for the parked TFL.

  • Flip Coupons allocation starts on April 2;
  • Flip Coupons are distributed automatically since a user parked the belonging TFL;
  • We award a Flip Coupon per every 100 TFL you own;
  • Your Flip Coupons will appear on Trueflip.io, right next to the Balance.

Step 3. Take part in the Survey.

  • Choose “Master Flip” in the sidebar. You'll have to complete a survey prior to the game start. Please share your thoughts on True Flip development in 2018.
  • Step 4.** Fill a ticket in “Master Flip” before 18:00 UTC, April 10.
  • Read the rules carefully, make your choice and confirm it.

Step 5. Get your Reward on April 11.

  • Visit Trueflip.io on April 11, check the draw results and get your rewards.

The project itself is a blockchain fair games platform aiming to become the most popular and transparent international blockchain platform of fair games that offers the biggest Jackpots and prize funds in the world. As of the moment of the publication, the market indicators for TrueFlip are as follows:

Average price: $0.862276

Market cap: $5,386,868

Volume (24H): $257,486

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.