Electroneum - UNICEF / Hex Coin Price Prediction/Btcmyk

In this video, the host provides a comprehensive commentary on three cryptocurrency projects—Electroneum, HEX, and his own Bitcoin MYK (UBI) initiative—while critiquing the broader crypto market’s focus on speculation over real utility. He begins by highlighting Electroneum’s credibility through high‑profile partnerships with UNICEF, former UNICEF executive director David Bull, and Sir Chris Gorman, arguing that these connections give Electroneum a genuine real‑world use case, especially via its mobile‑first, gaming‑oriented approach. He stresses that cryptocurrency success should be measured by adoption and utility rather than price, noting that most altcoins are merely speculative stores of value. The discussion then shifts to HEX, founded by Richard Heart, which markets itself as the first blockchain certificate of deposit offering high interest to Bitcoin holders. The host examines HEX’s tokenomics—free distribution to Bitcoin holders, referral‑driven growth, and a deflationary model—while also pointing out legal and regulatory risks associated with promises of returns. He draws parallels to past projects like BitConnect, noting that HEX’s aggressive marketing and network effects could drive rapid price spikes, but also carries the danger of being labeled a scam. Finally, the host introduces his own project, Bitcoin MYK, a Steem‑based token aimed at delivering universal basic income (UBI). He describes its design: a near‑free, fast blockchain, a 95% token burn to create deflationary pressure, and distribution to Bitcoin holders. He argues that clear branding, network effects, and real‑world use cases are essential for any crypto project to achieve large market caps. The video concludes with calls to action and a reminder that utility should trump speculation in evaluating cryptocurrencies.
Chapters
Welcome back to the channel. I hope you all have had a great week, uh, and wanted to talk to y'all today about some of the great information that's come out of the Electroneum camp. And that is the— as probably if you've been, you all well know now, David Bull, the executive director, former executive director of UNICEF, has come on as part of the Electroneum team. Uh, this is very important in dealing with, um, a lot of the charitable organizations, the NGOs that they're now working with. Um, and UNICEF, when it— when you think about, um, uh, international charitable organizations on a global scale, um, UNICEF is one of the biggest. It's probably one of the first organizations come to mind. So what I find so very interesting about a lot of this is, um, you know, it's been these days, and this, it's kind of been early in the history of Electroneum where people talk a lot about some, um, company that Electroneum kept that, uh, wasn't a very good idea. And, um, you know, have all almost tried to kind of suggest this very scammy-like, um, cabal of, of people involved with Electroneum. But after really just looking at the data, even, even though I wasn't really reviewing a lot of Electroneum in the very early days, I came on well after the ICO period. But even going back to that point now and taking a look at the history of Electroneum, the people that Electroneum has aligned itself with, people like Chris Gorman, who's basically been knighted by the Queen of England, now the executive director of UNICEF. You know, these are big names, and you know, in cryptocurrency, I don't see a lot of projects that make these type of very important connections, both business-wise and globally. You know, and I think, you know, obviously a lot of projects are just these pretty much all automated situations, right? They're all automated. But I think what has to be considered is because of the level of automation that exists in cryptocurrency, it is making it harder for cryptocurrency to expand, to market itself to the world, right? And so there has to be someone incentivized to do that. So that stops many. But for the ones that do, I think if we just kind of reflect back on the early days of Electroneum, the research I've been able to— very little that I've been able to do, but a lot of information has come about, about, you know, Electroneum going into gaming. And I, you know, I guess it was kind of, they wanted to go this engine route and a variety of things. And I just want to respond to that. And the connection of, you know, all these great people teaming up with Electroneum, not to mention Richard Dales himself, who was quite successful with, I believe, a site called SiteBuilder that I think I might have even used when I was very young. So, you know, this is all very important because it just doesn't fit the narrative of what some people have tried to throw at Electroneum in that way. And I'd also just like to say that, yeah, it is true that some businesses do veer off their original course, but we have to understand too that is also a part of a business growth, right? Um, that sometimes you do have to be adapt, uh, adaptable, right? Uh, and you have to be, um, able to improvise sometimes and admit you're wrong and go in a different direction, right? That's a better direction for your entire business. And from my perspective, that's what it seems like what happened with Electroneum. So a lot of people kind of put Electroneum under the bus after that period. And, you know, the price has been not doing as good as it should be doing, many of us feel. But here's another very interesting thing I came across today. I'm going to actually segue into that in the next part of the video. I'm going to talk about the HEX coin prediction price and some things. But, um, Richard Heart, who's the founder of this project that's coming out, he was speaking about, um, you know, how there are all these great projects that, um, don't, uh— basically, it was— he was putting it in a frame of you can basically have, uh, good projects that price-wise don't perform as well as projects don't— that aren't as good, right? So, um, you know, as to say that, uh, price and a good product can be totally independent of each other, and especially in the cryptocurrency space, and especially in, in, in the beginning. But we can kind of play out these scenarios as well. And one issue is what happens, um, when you have a situation like that where You could possibly have great performance in the price. Why is that? Well, it could be people pumping up the price. It could be the creators of the projects pumping up the price. They could be incentivized to do that. Uh, it could be a project that's gained so many users that they're kind of just fixed on the point now of just pumping up the price, uh, because they have their, uh, their, their value in that project, right? And so some of this is natural, but the problem is If you think about what can happen in the redundancy of all of this, right, where you just have an entire market of people that just act in a speculative nature, and, you know, basically that's what's happened in cryptocurrency. Everybody's basically trying to treat every cryptocurrency as a store of value. Everybody just wants it to go up. Everybody just wants to hold it, right? Um, they're not using it, they're not utilizing it for anything. There are a few projects that are, um, but even reflecting back on what Richard Heart said, um, that might be the case, but they aren't, uh, they're good projects but they aren't performing in price because of that dynamic of people wanting their value to go up to the point it just becomes this this speculation game. But ultimately, the problem with that is even if you look at something like gold, right, because the idea in cryptocurrency is, or what is the data seems to suggest, is that we are looking at cryptocurrency as gold, as an asset. We're treating it that way. We just want to hold it. We just want the price to go up. But think about what would happen in a situation if gold did that. If you had gold do something like that, you would basically have a situation where gold could just get pumped up and then somebody could just go, well, you know what, I prefer to wear gold as jewelry, adorn myself in jewelry. I prefer to use gold in some religious ceremony or costume party. I prefer to use gold in machines and cars and computers and semiconductors and space shuttle, right? And so gold could then just go from being a store of value that's just going up in value to just being a product that we can actually use. But can cryptocurrencies do that? And the answer is no. And that's why use is so very important. That's why we shouldn't bet on price, but we should actually bet on people using these products. Because what's more likely to happen? That a usable product is always going to be usable to some degree, and as long as it has that use case, or something that we just speculate on, right? And I think if we're honest about it and we take a step back and we take a real good look, we will find that it has to be over 90% of the cryptocurrencies most of us are probably using now watching this video isn't being used for anything. Bitcoin is being used to buy altcoins that aren't used for anything. It's just speculation after speculation, and this just cannot ultimately work in the end. Like, it is no reason to put trillions of dollars into ideas like this. We have to find really useful ways to use cryptocurrency. Now, some people said store of value is the best we can hope for, and let's just do that. But then you're trying, you're kind of playing this game of, okay, well, we could kind of do that, but we're not really using this stuff for anything. We're just kind of doing this thing and we don't really know which one of these cryptocurrency projects can act better because the idea of what most of us are looking to receive at the end of this, I think that's what I'm going for. What do we get to at the end of this? What is the end result of this? What are we doing with the stuff at the very end? And I think in the case of like Electroneum, we can clearly see what the end is. It is this very useful currency money that is actually needed and used in places around the world because it's convenient, because it's on their phones. And so this is a kind of this perfect creation of this ecosystem along with this ergonomic application to it. Of course, talking now about the M1 smartphones um, all kind of working together. And, uh, what makes just a lot of sense, right? It's just, it's just undeniable what it does. But that's also another thing we're finding out, I think, in cryptocurrency, is that, uh, it's almost like things that should work in cryptocurrency don't necessarily work now, or it doesn't appear to work now. But I think in the future all that will change about, right? And, uh, so Electroneum is one of these projects that thought about all these, these issues, right? They didn't just go launch it, build whatever, and, um, say, well, uh, we're gonna wildcat on this and see what happens. No, they, they went and they collected data, right? Data that suggested this would be the best thing to do with a cryptocurrency. This would be of more use to people. And, um, you know, again, I wouldn't want to bet, uh, store value against use. Uh, personally, I would not want to do that. Um, so Electroneum doing great, moving in the right direction. I was very glad to, uh, see them making these connections, real connections out there, not just fake partnerships like some cryptocurrency projects do. Uh, these are actually, uh, um, you know, things that Electroneum gets done that it's public, that we can see the people, we can see, um, and, um, the company we can see, right? So, um, yeah, just, just, I think it's a great project, Electroneum. You just want to bring it back to don't compare good projects, um, with price. But also keep in mind that these are all self-correcting things where use will always trump price because use will become the obvious need and demand. Whereas a lot of times what we get in speculation in the casino is smoke and mirrors, right? And we see this all the time. So let's, let's try to be very clear about what it is exactly we're seeing in cryptocurrency and, uh, and where it needs to go. But anyway, now I want to move over to the Richard Heart's Hexcoin project, um, very, uh, interesting project that will be, uh, actually going on December 3rd, um, but will do their snapshot on December 2nd, which is tomorrow. So we're going to talk about that a little bit here. Okay, so we're here now on the Hexcoin site, and I haven't been excited about a project in a long time in cryptocurrency. You know, it's all been pretty much dull, uh, pretty much, uh, the market hasn't done anything like 2017. And now I kind of see this situation, uh, where we could be possibly headed back to the situation like 2017, but unfortunately not for every other coin, but potentially for Hex coin. And I want to talk about why I found the project so interesting, and I'm going to try to do something that I haven't done in a long time, and I only do it for projects I really get excited about, and I think they got some great potential. I think the last one I did was for like BitTube. I don't really like doing them for my own, you know, token for— but what we will do is we'll play around with some, some ideas about where I think a project like our project should fit in there without, you know, boosting people's head up about what the price is gonna be to try to get you guys to FOMO in. Because what we're doing, we're really trying to build a network here. We're all about that use thing too, because we think use is gonna win out in the end. If something is useful to people. But let's talk about the HEX coin project. It's a very interesting project. So it was started by Richard Heart, and I got a lot of videos on it. So I'm— so you can look through my video series and it talks about Richard Heart and HEX coin in detail. But what I'm going to focus more on in this video is just where I think the price could be over the next few months. And that's going to be very difficult to do without any data and just kind of going on basically what I've heard from Richard Heart. But I can kind of conceptualize, uh, with this, uh, what a project like this might be at, uh, just based on the area in cryptocurrency where it's at and just marketing overall, um, and market caps within various, um, businesses. So Hexcoin, what— how it describes itself as the first certificate of deposit, the first high-interest blockchain certificate of deposit free for Bitcoin holders, right? So Hex is designed to increase in value faster than anything else in history. So this is— so just so we understand this correctly, this project is designed just to do that thing. It is designed to pump your asset to be that store of value. Now what's interesting is usually when people hear something like this, the first thing they go is they go, well, but what's the use case, right? What are we using it for? See, we're going back to that use thing because we know use is the most important thing. Now in Richard Heart's philosophy, we have, uh, we have not acted on use as being the most important thing, right? We have acted on pure speculation. Uh, we don't really use these cryptocurrencies and we can look at the data and the data pretty much tells us everything we need to know about who uses. Even the people within cryptocurrency, uh, don't really use the cryptocurrencies in a way, uh, that we could, uh, pretty much qualify as, I would say, uh, significant use, right? You know, in other words, people people aren't getting up going, hey, I'm going to buy this with my cryptocurrency. I'm going to go get my cup of coffee with my cryptocurrency. I'm going to, you know, that if that's happening, that's probably just happening, you know, out of the blue. It's not something that's probably going to be widespread and regular, of course, because cryptocurrency adoption hasn't happened. And so, you know, that's all kind of combined together. But then the, uh, you know, the statement can also be made that the adoption hasn't happened because people do not find it useful, right? So it can become this circular thing. But anyway, um, the idea is this certificate of deposit. What do you get when you have programmable money? The thing that makes sense next is programmable interest. Now I think what's unique about Richard Heart's project, something we quite haven't seen done this way, is it kind of combines this idea of a Bitcoin fork with this certificate of deposit, right? This financial instrument. Now, of course, CDs as financial instruments are one of the most popular products that most financial institutions use. And for cryptocurrency, One of the most popular, uh, product is Bitcoin, right? So, um, you know, so you have this kind of combination of the two. Uh, he's, he's gonna pull in all these Bitcoin users. Now, uh, trying to identify a price for this project to, to have an idea. So people have asked me, well, how exactly, how far do you think this will go? You're very excited about this. Well, um, it's, um, kind of complicated because you have this situation where, um, a lot of this product, especially at the beginning of it, is going to depend a lot on Richard Heart and Richard Heart's branding. That is something that gets left out of cryptocurrency quite a bit when we build stuff, is we're all on this decentralization idea. But as Richard Heart has explained it as well, what happens is that the nature of decentralization then means we're going to get less promotion, if any, you know, very little promotion. We're going to get a little bit of money spent on Bitcoin ads. We're going to get a little bit of money, you know, spent to promote cryptocurrency. It's decentralized. So there isn't the marketing, there isn't referral programs, right? And, you know, Richard Heart went into detail about Oh, the biggest companies, uh, successful projects in the world have referral programs, right? Having these, uh, this, these, these marketing, and, and this is how they get so big, right? They get so big, uh, based on, on those things. Um, and, uh, Bitcoin was able to do it because it was kind of unique, the first out the gate. Uh, it was the, uh, first of its kind. Right. And that could lead a lot of people to get involved with it. But now things have changed, right? Things have changed in that way. But we still see this kind of idea of Bitcoin forks, right? And his project isn't a fork, but the dynamics of how it operates kind of relates to a fork. So if you think of in relation to something like Bitcoin Cash, Bitcoin Satoshi Vision, Bitcoin Gold, Bitcoin Private, Super Bitcoin. You know, all of these projects have, uh, had some presence in cryptocurrency, some more than any other compared to any other coin. There are more Bitcoin products in the top 10 using, uh, Bitcoin, uh, code, uh, than any other cryptocurrency, uh, there is. So the data suggests that being tied to Bitcoin is a good idea. Now I think this is where a lot of projects fail because they kind of look at like, oh, we're not Bitcoin. Uh, they kind of look at Bitcoin as, uh, something that if you use it, you're kind of being scammy or something like that. But Bitcoin is not owned by any— anyone. And, uh, branding of products has been a long thing done in business. You know, that's why you see one company come out with something, every other company's doing it. Is that a smart idea? Yes, in a way it is, because what they're doing is now they're sharing in that market share. They don't want to get left behind, so they're making a good business decision based on that. So all these things have to be determined, and because we haven't done that, the cryptocurrency space hasn't grown, right? Because we're missing a lot of elements that go into building, uh, massive brands and products, right? And trying to get the demand for them, you know, who's going to be using these products and why and what for. And some of the stories we tell about cryptocurrency, they work very well in idea and thought, but when they're actually put out into use, they don't work. Like for instance, um, you know, a lot of people might think it's a great idea to have cryptocurrency as a money, and they kind of put these utopian-like worlds where people are going around and they're doing exchanges with these cryptocurrencies. They're buying all this stuff with Bitcoin. Now, of course, we know Bitcoin is too slow. To handle day-to-day transactions, a variety of things. But what happens on simple things like, uh, when somebody wants to charge back, right? You charge back with credit cards and other, you know, financial, uh, things, but you can't, uh, you can't charge back with cryptocurrency, right? So it now, it has some limits to, uh, why people are going to want to use it in that way. So how do you get around it, right? But Richard Heart, you know, he brings all that out basically in a lot of, uh, what he talks about in promoting Hex coin. And so the reason this is all very important, I think, is because, uh, because Richard Heart understands that he's going in this— he's taking this different marketing approach to it. And, um, looking at the data, shaping up these narratives that target Um, you know, things like, uh, Bitcoin Cash, Bitcoin Satoshi Vision, even ideas like BitConnect. As bad as BitConnect was, there is a reason why BitConnect still got the $2 billion. Now, uh, is Richard Heart's product like BitConnect? In some ways only, but only in the good ways, right? And what do I mean by that? Well, the referral programs, right? The marketing strategies, those, all those things are very much still important. But the, the issue and the problem was, of course, the criminal activity behind BitConnect, right? And so what— that doesn't work at all. We see, we see the outcome of that. But some of the elements that they used to get successful is what a lot of companies and products use still today. And this is something that lacks in cryptocurrency. So based on the fact that I think Richard Heart is a master of understanding that and utilizing that, you know, not to mention his reach in cryptocurrency. And of course, Richard Heart knows everybody in cryptocurrency. He basically already has a great following and presence, and many content influencers in cryptocurrency are already teaming up with Richard Heart. So basically what that means is that Um, he's going to get all of their followers as well, right? Because they're going to come through, come through them, right? Kind of like how some of you are getting my message now. And they're incentivized to do that, right? They're incentivized to do it. Now, I'm not, I'm not, um, you know, telling you all about this just to, you know, get the incentive and have the links and all of that, uh, done. You know, that's, that's great and everything, but that's not the real reason I'm doing it. I'm, I'm actually very much into models and economic models and seeing if they can work. And I really believe this is one of these situations that combines enough of the financial aspect of cryptocurrency, but at the same time puts into effect many of the marketing strategies that I think are going to be needed in business strategies to really make cryptocurrency what we need it to be. You know, this isn't a type of thing that kind of just evolves and fixes itself. You know, we've tried that over a decade now, and the data is not really on our in our favor with cryptocurrency yet. Um, so many other products that, uh, have built up a lot better than, uh, cryptocurrency projects. It's not that cryptocurrency projects can't get there, it's that I believe they're missing some very important fundamentals that come to building network, right? Ideas like brand effect, the network effect. How do you get that? Now this is another thing I think Richard Heart wins at because Richard Heart understands uh, or already has this network thing going, right? So he already has that part, he got that part down pat. Now he has the, the math and technology and the decentralization of these, uh, contracts. Now that combination is a very powerful one, and, and I think we see some, some, some great, uh, uh, positives, uh, with the Hexcoin project in that way. So having, having the Bitcoin forkish type thing happen in there, which has made many projects, um, you know, already, uh, billion dollar projects just from launch, right? Just from the fork in the Bitcoin products. And again, he's not going to do that because his product actually runs on Ethereum, but he's going to give all of these coins to Bitcoin holders free. Now, as I understand it, you get something like 10,000 HEX per Bitcoin, right? So that means this, this, this, this, this coin is something already in that relational value to Bitcoin, probably already looking at about $0.70 to $1, right? Now, the market cap of how this is going to work, where I think it can get to, Based on those dynamics of the project, and these are very powerful dynamics, the network effect and pull Richard Heart already has from the beginning, uh, to other big crypto, um, uh, content influencers, uh, the fact that he's kind of zeroed in on the main use in cryptocurrency, which is speculation, and, and that's just kind of the truth, right? Um, that it is that— and he's doing it in a way, in a way we haven't seen done before. Um, and with his reputation, I think he could pull it off enough where he could be trusted enough for people to get in, right? And so you could have, uh, a type of, uh, BitConnect influence how people are going to be out promoting this thing and dropping links. And every time somebody, uh, uh, you know, opens up their social media, they talk about the Hexcoin project. And the reason that can happen is not only because he's letting all these people participate and be incentivized for it as well. Um, it is, um, that the, the, the, the formula that he's using is just one proven to work data-wise. We've seen, right? Excuse me. That's gotten products to billions of dollars, whether it be products like Amway, multi-level marketing products. Um, and his is not that per se, but it's using some of those elements, right? And so it is very likely that people are going to try this, um, you know, if nothing but to just see what happens. And that's all it takes for it to go like dominoes. Now, at first, do I think that, uh, it's going to take off really big? It could have some flash pumps in the beginning, but I think it might just reach this, this point where people really start to realize what they've been doing in cryptocurrency, that they have just been speculating, and that there aren't enough users in cryptocurrency. Like, it's like 2,000 to 3,000 people on an application is considered good, right? When we got products, um, outside of crypto that do hundreds of millions of people a day, billions of people a day, um, you know, and some of the same applications they wish to build. Um, and, and so just trying to drive home that, that point of blockchain technology is going to be able to do all these things well. Uh, I think in Richard Hart's philosophy and in my philosophy, what cryptocurrencies have broke down to be best at is store of value and possibly money or payment systems, right? Um, And they seem to work better in those ways, right? I know a lot of people want to build a lot of stuff, have business solutions, but it just isn't out yet if that's going to really be something that is going to work, right? So coupling all that together and just the idea, I think people are going to get to this place in cryptocurrency. I think they're going to see Bitcoin, uh, as it goes up in value, it's like moving through quicksand, right? It gets, it gets, uh, or concrete. It gets harder and harder for the, uh, the value of Bitcoin to go any higher because it's all— the market cap is already so huge, right? And so, uh, for what they've— they're in Bitcoin for, I don't think they're going to see the moves in Bitcoin value-wise, Bitcoin like they want to see. And so psychologically, I think that they're going to start to rely on projects like Hexcoin more and more. And we will see this, uh, Hexcoin possibly be in the top 10. Now if it gets in the top 10, uh, remember BitConnect got in the top, top 10, right? Um, the BitConnect comparison is not a good comparison, but, uh, you know, there have been some people who have said things like it feels scammy, and I think that's what they're seeing. But again, we're talking about the dynamics here of what happens when you apply those certain principles. But, uh, this could, this could become, uh, a top 10 project very quickly and probably easily. I see no reason why it can't be. It's going to also depend a lot on how, uh, Richard Hart and when people make a little bit of money A lot of content, of course, and they are going to make money. They're going to start to double up, triple up their money. And what are they going to do? They're going to push it harder and harder on social media, right? Um, and that's, I think, what Richard Heart's expecting to happen. And I think all the blocks are laid for Hexcoin to go that way. I think it's going to bring excitement to cryptocurrency. Um, now with a lot of pros I've discussed about Hexcoin, you know, it's fair that I kind of put out, uh, the cons as well. And for me, it does go back to that use thing, right? And that's something I can't get around, a lot of people can't get around. And I understand Richard Heart's hands are tied in that, right? Because you got to be kind of careful, uh, when you're talking about, uh, tokens and coins or projects that you don't fall under security. Because if you fall under security, then you're going to have to deal with a lot of people. If, you know, if this— things don't work out with this project, uh, people start to want their money back, uh, it's going to be based on what Richard Heart said to them, right? So it could be that Richard Heart does foresee some use for Hexcoin, but he doesn't want to go on record of saying it because then it looks like— it makes it look like he's giving out promises to people. Then he doesn't pass the how-we test. And when he doesn't pass the how-we test, Now he's in legal, you know what. And, uh, right, you know, if something goes wrong, people start losing money, it ends up like one of these, uh, uh, Ethereum contract games or, uh, BitConnect or something crazy like that, then they can come after him. So he's trying to protect himself. Now, I obviously, I don't think, uh, Richard Heart is a scammer. I think he has a lot of history in the cryptocurrency space where he's defended the space from scammers. Um, and I don't think it's that he then one day just became a scammer. Um, but, uh, you know, I, I think that, uh, yeah, there are some legal concerns for him that's gonna keep him out of that use case area we're talking about a lot. And so what that does is that can scare off a lot of people. And, um, you know, basically what happens with that is that can reflect on the value, and that, that could work against it. And it is still something I'm quite concerned about. I like use cases for things. And, you know, this is obviously going to exploit store of value, what we've been speculating on. And, you know, unlike gold, when gold pops, you know, it can be used for different things and cryptocurrency can't. But it's gonna be interesting to watch. It's gonna be very interesting to watch. I'm definitely gonna get in and get some because I just believe that the price is going to possibly make it to the billions of dollars, right? Um, why? Again, because of those interesting dynamics I discussed, human psychology. I can't pinpoint exact, you know, price. We don't have any charts to look at. We don't know exactly what Richard Heart is going to say or do out there because he's still going to reflect a lot on what happens with the price of HEX coin even It's these contracts that are decentralized doing their own thing. But I think Richard understands the marketing aspect of how to make these projects work. And I think a lot of people are going to still be looking to him to see what happens with that. But this might very well be the last cryptocurrency project I could see pulling off a big return. He's, you know, I've seen figures like 10,000, 10,000 returns. Um, some crazy stuff out there. And, uh, you know, a lot of people gonna shill it trying to make money off of their referral links, uh, and they're gonna make a lot of money, and I am too. But I just want to, you know, give you the complete picture of this, uh, what's gonna happen with this, uh, project and what you need to look at and what we need to consider. So with that said, I'm just going to move real quick into Bitcoin MYK. Not going to do a price prediction. I'm just going to tell you that there are cert— the two, the last two projects I discussed in this video, there are very much similarities between my project and these other two projects that I believe have all the reasons to fall in really big market caps. You know, we have a version of a Bitcoin fork. It's not really a fork, but it does basically distribute tokens to Bitcoin holders free. Now we're targeting something different, which is universal basic income, but 80% of the globe needs it. And what happens when most of the world's using your currency? It just automatically becomes a money. It's what happened with the euro and the US dollar. It has a very aggressive deflation quality where 95% of tokens will be burned. Making it more deflationary in some ways than Bitcoin on scale, just from it being able to do that. Um, right now it's used as a curation token on the Steem blockchain a lot. Uh, that Steem blockchain is pretty much known as, uh, uh, it's the symbol for social media on the blockchain cryptocurrency. And, uh, when you really think about social media with cryptocurrency, right? Um, and you think about the fact that on Steam the transactions are not only fast, not only is Steam one of the fastest blockchains out there, their transactions are free. How can you be— if you're a money, just consider this, think about this. If you're a money, how can you beat fast or free? Now some people would say because the Bitcoin NYK price is doing something similar to what Hex is doing, right? Hex started as Bitcoin Hex, then moved to just Hex, and they said, why are you doing anything with Bitcoin if you're on Ethereum, right? He's on the Ethereum blockchain. It's on Ethereum blockchain because you can do things on Ethereum blockchain that you can't do with Bitcoin, right? But with us, we're doing this Bitcoin thing, but why are, why are we on the Steem blockchain? Same thing, right? The speed of transactions and that they're free Nothing can trump that. The problem with the Steem blockchain is that they haven't found a way to market and brand to people. Not only is it expensive, right, it's very expensive, but you have to have certain, uh, directions in play on what you want to be. And I think the Steem blockchain right now is so many different things to so many different people that it's hard to focus on one thing, whereas our focus is quite clear, um, and because of that, we can use the abilities of the Steem blockchain to not only distribute our UBI to 80% of the globe, uh, to do our curation through the blockchain, but also, um, basically bring Bitcoin holders to the Steem blockchain. And, um, I won't say what our prediction is, but I will say this, that some of the figures I've thrown out in this video and some of the ideas uh, where you can see a project go based on those fundamentals, right? Because you got to have the fundamentals down first. Doesn't matter how great your technology is or what you're doing if nobody's using it or understanding the direction you're going. It doesn't matter, right? But, uh, um, yeah, based on that, um, I think we're going to see some very impressive market caps with these projects. But that's all I want to say in this video. Uh, Hexcoin is going to be something interesting. We'll be out tomorrow. Um, Bitcoin NYK, look out for us. We're going to be doing a lot of great stuff coming up here in the future. Electroneum, great project, so you want to definitely stay there with Electroneum. But that's all I got to say in this video. If you like content like this, don't forget to like and subscribe. And until next time, take care.
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