In this video, the presenter discusses the concept of blockchain‑based social media and its potential within the Electroneum (ETN) ecosystem. He highlights existing platforms like Steemit and Minds, then introduces a new cross‑chain token called Miko’s Coin (MECO) that can be earned through activities on a dedicated social‑media‑style website (chat posts, daily games, video watching, BitTube engagement, and advertisements). MECO tokens can be redeemed directly for Electroneum at a 1:1 rate, subject to a minimum redemption threshold (10 ETN, roughly 20 MECO) and a 24‑48 hour processing window. The presenter emphasizes the importance of using cryptocurrency for real‑world purchases rather than speculation, cites community merchants (Core Merch, Electroneum Universe) that already accept ETN, and encourages viewers to participate in the platform to add value to the Electroneum network. He concludes with a call to action for comments, subscriptions, and engagement with the project.
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Hey you, welcome back to the channel. And guys, a very exciting episode today. Uh, today we want to talk about social media over the blockchain. Uh, we know of many like Steemit, we know, uh, that have done this, Minds. Um, and generally what happens is either they have their own in-house token or they use a token that's part of another blockchain. What I find very exciting, interesting about this is that within the scope of Electroneum is such a large community. Electroneum has started an official website that's a forum where people go over to there, they ask questions, and I believe at this time some of them do win prizes. But it really hit me that the power of social media within over the blockchain is such a great way to find value and uses within cryptocurrencies. And some of these tokens that have worked within the scope of social media have done it very well, but in some cases maybe not as well as I thought they could have. So, uh, as we further explore Electroneum and its many uses and what can be done with them, much of the community I've seen over the last month or so have developed merchant businesses and ventures where you can buy electronics with Electroneum very awesome things which are giving us the ability to actually use Electroneum. Uh, it's very important, guys, that we actually use Electroneum and distribute Electroneum. Uh, you know, and, and, and the problem I found within the cryptocurrency space is many of us grab these tokens and we wait for the value to increase. We are speculating that the value of these tokens will increase because one day they're going to do some great things. But, uh, what I'm seeing starting to beginning to happen, Electroneum, is we're actually using Electroneum, right? We're using it to buy goods and services. We have, I believe it's Core Merch, Core Merch, who's, uh, doing a lot of these things, selling various Electroneum products. And Electroneum Universe, uh, I've watched his channel. If you, if you haven't, I, you, you should very much watch it. It's a good channel. But he has something going coming out. It looks like an Amazon-type site where they're going to be able to sell various merchandise and different things like that. And I've been excited to make my contribution into the Electroneum community, to have a use for Electroneum, uh, to add to this legacy of what we're getting with Electroneum. And I found one great way to do that is through social media. And so what we're doing here, or what we're going for here, is to have a situation where you engage in a social media-like way, uh, on this social media platform, and you earn what's going to be a cross-chain token, uh, my token called Miko's Coin. But what we're doing different with Electroneum is Electroneum is going to be the only, uh, token that we're going to actually redeem directly from Miko's Coin to Electroneum. And how this is going to work, guys, is, as you can see in our example, we have— if you hold 2 of our MECO coin tokens, you're gonna have— you're gonna, you're gonna be able to send them to our wallet and receive 2 Electroneum in its place for every MECO coin token you hold. Uh, you're gonna have a MECO coin wallet, and, uh, with this MECO coin wallet, you're going to be able to send these tokens over and The tokens, the Electroneum, will be sent to your Electroneum wallet ID, as you can see here in the example. Now, a very simple setup. Very, um, we're going to talk about some of the things you can do to get these MECO tokens that you can redeem for Electroneum, uh, and we've tried to keep with the spirit of Electroneum to make this, guys, very super easy and make some of the tasks you'll be doing and some of the participation you do on the site, um, very simple as well. but as valuable as the Electroneum you're going to be receiving. So we're going to show you how that's going to work, uh, in this video. So, um, within the Miko's Coin, uh, website, you're going to find that we have a chat site, we have direct messengers, we have all those things that you can use. And when you come in, if you post in our chat, if you say anything in our chat, you will be awarded 1 Miko's Coin token every day. So every day you come in and if you, you post in the chat, uh, you'll, you'll collect the Amico's Coin token. That's about equal to about half of Electroneum, right? And you could do that every day. Uh, we also have a game section. Within that game section, similar thing, you come in, you can play, uh, we have a list of several games you can play. You play a game and you will receive, uh, a daily token for that as well. So all these activities you can do each day and you can receive these tokens for within the MECO's Coin website. Now, because it's a cross-chain token, probably one of the, the other easy ways you'll be able to earn our MECO's Coin tokens is through BitTube. That is because BitTube pays for watching videos. They pay you, you actually receive these Tube tokens which trade on the Bittrex exchange. But in addition to that, By watching our content, we receive, uh, so much money. So what we'll be doing is when you watch our videos, you will receive a MECO token for every video that you watch in its entirety. And when you watch one of our videos, you'll be, you'll be able to not only claim these two tokens but claim one of our MECO coin tokens, which you will be able to redeem for Electroneum. Um, and there are various examples of this. Those are just some of the easiest ways we got going to get the token. So this is very easy ways to get it, guys. It only requires your participation, doesn't require any initial investment or anything like that. Because again, guys, I think going forward into the future of cryptocurrency, it's going to be very important that we actually use the cryptocurrency, right? Use it to purchase things, not cash it out into fiat, but be able to use it to purchase things we like within our own ecosystem. Because I think ultimately that is what the goal of crypto cryptocurrency is. Now it's also important to read some of these details, these specific details here up top. It reads, we will process your redemption generally within 24 to 48 hours. All orders are filled on a best efforts basis. Now that's a term used in traditional investing, meaning if your order's not filled, it will fill everything up to that order that's available, just like what happens on our cryptocurrency exchanges today. And then the The remainder funds will be returned back to your wallet. Um, any MECO's Coin sent that aren't redeemed will be returned to your MECO's Coin wallet. Now you must have at least 10 Electroneum to be eligible to redeem, which means you'll need at least about 20 MECO's Coin tokens at this point in time. And of course that will adjust with the value of MECO's Coin, uh, and Electroneum as well. Any request that doesn't meet those requirements will be sent back to your MECO's Coin Wallet, and this is your wallet ID that you will send it to in order to make the redemption. Um, and so guys, um, that's part of our contribution to how we're gonna not only make Electroneum hopefully more valuable but expand the use of cryptocurrency, uh, the actual uses of them throughout the space. And, and we're very excited about that, and we hope you participate. Again, there various ways you can earn these MECO coin tokens. We do have advertisements on the site. I know a lot of people don't like that, but that does add value to the MECO coin tokens and makes it easier and sustainable for us or for y'all to be able to redeem it for Electroneum. So very excited about that, guys. If you have any questions or comments, feel free to leave them in the comment sections. Tell me what you all think about the the future of social media sites within cryptocurrencies? Do you think they're one of the best ways to find value in using a cryptocurrency? And come over to the site, participate with us. We'll be very glad to have you all in this project. And so far, I hope it's going to work great, and I hope we're all going to find value in use within it. Guys, if you like content like this, don't forget to like and subscribe. And until next time, take care.
