Electroneum - Clara - Steem Hunt!

Hey you, welcome back to the channel, and today we want to talk Electroneum. So been a while since I made Electroneum video, um, just want you all to know haven't been forgotten about. I have my own project going on, uh, and been exploring other areas of the cryptocurrency space, but always have to check back in with Electroneum. So interesting news here with Electroneum. Of course, it's been quite a bit of news going on with Electroneum. Of course, moving into the Brazil market, partnership with Claro, doing quite well in South Africa, coming out of there. And who knows where they could be going next, but focusing on creating a good business, a good product. So I don't know, I think we're kind of thinking of things backwards in cryptocurrency, right? We've, you know, like I had said in many earlier videos, we, we had been poisoned at the well very early in cryptocurrency with a lot of gimmicks, a lot of hype, a lot of FOMO, uh, and traditional investing doesn't quite work this way. In traditional investing, a lot of times you're investigating and analyzing companies, what assets they have, what IPs they have, and no matter what the price, you know, there's a certain amount of value in that company, uh, and you know your investment is protected to a certain amount. You know that company's worth a certain amount of money. Cryptocurrency is a little bit different. A lot of it's been driven by this hype. There are no physical assets per se, but there is the product itself and how well-designed it is and the use of it and the idea people are going to be using. And so when you take something like Electroneum, Electroneum is a product that's designed to be used, right? It's designed to be used. And useful to people, which generally equals value. This is a kind of new concept that you can just build something and just somebody go, hey, I think this is a good idea that we build this blockchain and this cryptocurrency project and it does this, and people get excited about it. But then when you look at the actual use of it, you don't see anything, right? You don't see the great demand. You don't see all these people using. Most of the dApps, the, uh, that are created are very hardly used, uh, and these things hold value in the billions of dollars, you know, still to this point, uh, and I think it's a kind of backwards mentality. I think it's also a very dangerous, uh, uh, mentality, and it's also quite prevalent in the price. And that's why we see the crazy weird fluctuations of it going up and down, because what that is, is there— that is an indication that that we really don't know what the value of it is. We can't see the use day to day in the product. And so we don't know. And so it shows in the markets. Now Electroneum's focusing on that, forming real life partnerships. And many of us who are in Electroneum believe it should be showing in the price. But, uh, here's what we need to understand about the cryptocurrency space as well. There is not necessarily, from what I can see, a direct correlation in a good project and it reflecting in the price, right? Give you a quick example. My project BitcoinMYK, which, uh, facilitates the movement of Bitcoin using the Steem blockchain. It's faster than Bitcoin, transactions are free. Is the wallets are a lot more usable and transparent. Um, and, um, seems like a no-brainer. You want to use a product like that, uh, use a sidechain like that. But, uh, people are still using regular Bitcoin, uh, in this difficult capacity to have set up. And we, we know it to be a store of value. The point I'm making overall, uh, is that Uh, we should not necessarily relate good products and price together at this stage in the cryptocurrency space. We really have to kind of be thinking long-term about this, and I think we'll be safer in the long run when things do start to make sense and we start to see the true outcome of use versus, uh, just creating products that people don't use. I want to turn your attention here to, um, a project called Steam Hunt. As you can see, uh, Electroneum's on this, uh, on this, uh, site. And to kind of help you understand what it's about, Steam Hunt is, uh, reminiscent of productreview.com. And what it is, that's when people find the coolest new gadgets, applications, websites in the tech industry, and they write these reviews on them, right? Now, this is a project that we believe is showing a great amount of promise. There's some big people behind this, uh, project. And, uh, I said, hmm, let me look through here and see if they have any, the, uh, Electroneum Mobile Miner or anything with Electroneum on here. And As you can see, they have the M1 smartphone on here. Somebody's earning their cryptocurrency, uh, and anybody can write these reviews. Only thing you have to do is find a, a cool new catchy product or one that's out there, write a few lines about it, tell what you like about and what, and what have you, and you can start, um, earning money doing this. I put BitcoinMYK in it. It's earning money. People are starting to uh, join it and participate in it. And I'll try to show you guys that in a second here. Uh, but as you can see, Electroneum, um, uh, they're talking about the M1 phone here, and they're also talking about the crypto mining application and what's happening. That the people who put them here are getting money, and it's also bringing attention to, uh, Electroneum, right? So it's saying you can check it out. It's cloud mining and it's showing all this cool, these cool things about it. Uh, and they've heard, they've earned 116 of their cryptocurrency, which is, uh, called the Hunt token and it's an ERC-20 token. But as I understand it, because all this started with the Steam blockchain, uh, it will be integrating back into Steam at some point or something like that. Uh, you can still earn Steam tokens as well, Steam upvotes on here. So it's very interesting. Talking about how it's a smart, nice idea, smart application, things like that. And the power of the Steem blockchain with over 3 million users now definitely helps Electroneum, helps some of those users transition to applications as well like Electroneum, and they can be participants there as well. But want to bring that all to your attention to say that Electroneum, as far as where it's going, the future future value of the project, I can only say that, uh, I believe that just like with Electroneum, my product as well, we're going to see a great turnaround in value and uses of products over gimmicks, hype, and FOMO. Uh, and I believe that will, uh, happen and, um, that, um, will occur Yes, and using products that we really utilize, and that it's going to drive the demand for people who don't use cryptocurrencies to want to use them. Otherwise, what's going to be the point? Nobody's going to use them. But as you can see as well, our project BitcoinMYK is on, uh, the Steemhuntproductreview.com. In fact, um, it is actually, uh, uh, in there under kind of like their trending section. I guess you could say I already earned over 235 Hunt tokens. And the reason that's happening is because people are waking up and realizing what really good products are in the cryptocurrency space. 2017 is over and people are starting to say, well, hey, you know, we need real projects that work now. You can see getting the upvotes from the community. Getting people commenting, uh, you know, saying that they want to try this out, um, that they want to check it out, and, uh, you know, uh, joining. So, you know, that's what we want, and that's what we want to focus on. But, um, anyway, guys, that's all I want to say in this video. Electroneer community, hang in there. Electroneum is doing everything they're supposed to be doing. They're doing things right. We suffer from a type of illness, uh, right now in the cryptocurrency space about how we choose products and how people come into them and where the demand is. And that's why our applications haven't seen a significant use yet, but the day is coming, uh, when it will see that. And I think that day is coming pretty soon. So stay holding on to your Electroneum. I think Electroneum is going to be one of those cryptocurrencies that people utilize. Hold on to your BitcoinMYK. I know a lot of you who, um, watch the channel have joined our site. We appreciate it. Uh, we believe we are going somewhere real quick. If you don't know what it's all about, BitcoinMYK utilizes the Steam blockchain. This is Bitcoin sidechain. The Steem blockchain, all transactions are free and it's fast. Over 3 million community members, over 300 applications that are interoperable, meaning they all operate into one another. And of course, as many of us know, Steem has been a pillar in the crypto community, the foremost social media site, the most successful of them in cryptocurrency history. And so early programming code into Bitcoin, so it is kind of part of Bitcoin. But in many ways I feel better because it kind of has that social media feature and that Bitcoin feature. And that's what BitcoinNYK does. It kind of merges and brings all that together, powered by Steem blockchain. But that's all I want to say in this video. If you all like content like this, don't forget to like, subscribe. Don't forget to, if you haven't joined Steem Hunt, Product Review, you can earn over there. We're going to leave a link in the description. Also, if you have projects, uh, they're finding out they're using, uh, projects like Steam Hunt and their sister company Review Hunt. You can actually post your projects. It could be anything, it could be applications, it could be websites, and you can market your business and product at a much more competitive rate. And, uh, uh, uh, in, uh, then, um, uh, Facebook Ads, Google Ads. And so that's what's So great about these projects as well, uh, that they're going to be, uh, taking over, uh, as far as marketing and advertising and reviewing a product, uh, many of these, uh, bigger corporations that charge a hefty dime. Uh, so you'll be able to do this with reviewhunt.com. You'll be able to do this with steamhunt.com. Uh, uh, Review Hunt, you— it's not required you have a Steam account to be part of Steam blockchain. Uh, you can be compensated in, um, ERC-20 tokens. We'll leave a link in the description so that you can join ReviewHunt and start doing what they call quests. And what quests do— and I'm gonna do a full video on it, post on it— but what quests do is they allow you to download apps, try a variety of products, and you can earn good cryptocurrency by doing this and earning some money reviewing great fun products you probably do for free anyway. But that's all I I want to say in this video. If you like content like this, don't forget to like, subscribe, and until next time, take care.