ULOG: Earn Crypto without Internet Via SMS

in #ulog6 years ago (edited)

Hello guys! My Ulog for today will be short and as always will be something related to cryptocurrencies and something that some of you guys might find interesting. The project I want to share with you today is called Mcoin. This is one the projects that I have monitored since its beginning but I haven't had the time to participate on its bounties and airdrops. The key takeaway of the project is the fact that this cryptocurrency it that it can be transacted using only SMS without accessing the internet. Yup you heard that right NO INTERNET needed. The top it off they have included toll-free numbers which you can use to access your crypto wallet.


Image Source

Those who wants to learn more about this crypto project can head over to its website here and read its whitepaper. What is important I think now is how to get into the project and start earning some of tis crypto relatively early on. By the way there are other cryptocurrencies that can be transacted over SMS using a third-party sevice providers there is a cool article here who wants to investigate these services further.

Availability of the sevice

This service is only offered to a limited number of countries right now. I think you can still access the service using any of the international numbers currently available but please be warned that since you might incur charges using them so for now those who do not want to incur charges please wait until there is a local toll-free number available in your country. Available toll free numbers are available in the following countries:


Note: Please check if the numbers are Toll-free in your area or ask the support in Mcoin to clarify if those numbers are toll free. I can only check the one being used in our country (Philippines) which is toll free to a specific Cellular network provider (Globe/TM). Thanks @cadawg for the heads up.



Note: Please check if the numbers are Toll-free in your area or ask the support in Mcoin to clarify if those numbers are toll free. I can only check the one being used in our country (Philippines) which is toll free to a specific Cellular network provider (Globe/TM). Thanks @cadawg for the heads up.


United Kingdom: +447860039088 (according to some not toll-free number) (according to some not toll-free number)
South Africa: +2787240508610218
Philippines: 21580012 (Globe or TM only)
Romania: +40371700020

According to the their support they will roll out more local toll-free numbers in the future as they move forward developing their crypto project.

Procedure how to register for your Free wallet and earn your first MCOIN

The first thing you should do is to register your number to the mcoin service. You can do this by doing the following :


Note: NOT All numbers are toll-free in the territories indicated above. You may incur charges using this service.

  1. Text "INFO" to the local toll-free number shown above, in my case since I am located in the Philippines I sent it to 21580012 (Globe or TM only).

  2. After sending the "INFO" text to the toll-free number you should receive a message asking you if you want to subscribe. Just reply "Yes." and send again to the toll-free number. In my case and for demonstration purposes was 21580012. This will enable the Mcoin service to send you messages regarding updates about the project and transaction information about your Mcoin SAM wallet.

  3. Now that you have subscribed whe start creating our Cryto SMS wallet. Just Reply "#MINE pqyMO" (note the last character is letter "O" not Zero). This will initiate the creation of your wallet. Sometimes there are delays on the response so please be patient. You can always sent the "#MINE pqyMO" again if you don't get any response from the system. The reply you should get, if done properly, is a message from the system informing you that I am (Anidel Silvano) inviting you to join Mcoin and more importantly a request for your name that will be associated with the number you are registering. I used my real name but it is totally up to you if you want to use a Pseudo name.


To quell your fears of this project being a scam please note that I have found this project featured in Nasdaq website here . Although it is no an assurance that the project is not scam or turn into one I am pretty sure Nasdaq will most likely not feature "scammy" projects.

  1. Once you receive the request of your name just reply your name so that the system will be able to add this to the system. For those who are asking if they can use other names, to be honest I am not sure but based on my experience in other projects it would be a difficult situation for those who will be using fake information as they most likely ask of KYC in the future. In my case I sent them "Anidel Silvano" My real name.

  2. After sending your name you should get another SMS message informing you how to access your wallet and your invitation code which follows the format of "#WALLET+code ". Mine was "#MINE pqyMO" This code is important as this will be your way of accumulating referral bonuses.

Done you already have a wallet and your unique referral code you can start earning crypto by referrals and participating in the projects activities. By the way you can access your wallet by sending this: "#WALLET" text message to your local Mcoin toll-free number.

That is it for now guys. I hope you find this information useful. If you have any question or found some errors in my blog-post please feel free to comment below any feedback is much appreciated. You may also send your questions or any request for assistance below and I will try to help if I could.

Bye guys and keep on Steeming in Ulogs :)

ulog footer.gif


This post was made from https://ulogs.org

Sort:  

Thanks for sharing...

You are welcome!

So sad. I'm in the different network because globe has no signal in our place.

Posted using Partiko Android

@allerie00 I am sure they are working on ways on how to bring it to other networks. I'll just keep you updated. I can also see that you are using partiko I have not tried using that condenser how is it?

Nice Ang partiko @ankarlie

What the project try to accomplish in the first place?

Posted using Partiko Android

I think they want to create cryptocurrency that is accessible using SMS. I think is a great Idea for mass adoption as they is essentially no expense in creating and earning some crypto (although their coin is not yet exchangeable). I think the next big wave of innovation for crypto are technologies that will enable those who has no internet access to have access to cryptos... on the other hand there are also initiatives to bring free internet access to those who has none like a project i read about some time ago called open network something (sorry I can't find it now)... Anyway crypto over SMS is really interesting, there have been third party services like cointext that enable users to access their crypto via SMS but it is not currently available in my country.

There is an interesting project that will merge remittance services and crypto-fiat exchange using SMS it is called Telcoin. I think they are trying to get approval from our local SEC and other countries you might want to check it out.

As for Mcoin just exploring it now and trying to discover what it has to offer aside from what I already mentioned above. Right now just by registering I get pseudo mining as well as referral rewards.

This comment was made from https://ulogs.org

I was not expecting a long message of this kind! Keep up the good work on bounties and airdrops.

Hi, @ankarlie,

I have just registered for it, but for anyone else in the uk, that this is NOT a toll free number and you will be charged standard network rate for mobile 07 numbers.

~ @cadawg

Oh thank you for your clarification I will edit my post. I was given the impression that the numbers are toll free. The number we use in the country is toll-free.

This comment was made from https://ulogs.org

No problem! 🙂

Thank you for using @entrust!

You got a 10.00% upvote from @entrust courtesy of @jassennessaj!

Entrust is a bot focused on rewarding delegators and helping users promote their posts. We give 100% of the total rewards to the delegators with payouts will be given daily. If you would like to consider delegating to @entrust, we've made a quick delegation link for you :

1000 SP | 500 SP | 300 SP | 200 SP | 100 SP or visit our own tracker website for more information :

http://entrust.surge.sh/

Coin Marketplace

STEEM 0.30
TRX 0.11
JST 0.033
BTC 64243.42
ETH 3152.93
USDT 1.00
SBD 4.28