Polkadot - UBI Payments Go Out October 1st!

In this video, the presenter announces the launch of a Universal Basic Income (UBI) program that will begin distributing BitcoinMYK tokens on October 1 via the SLP dividend tool. Viewers are instructed to set up a Zappit wallet and enter the referral code "BitcoinMYK" to be eligible for monthly payments. The speaker explains the token’s deflationary tokenomics, its potential for high returns, and how it differs from other UBI projects like EOS Voice, GoodDollar, and the Basic Attention Token. The video also outlines the community-driven distribution model, including "network supplier" roles and an affiliate/referral program that rewards users for spreading the token. Growth metrics are shared (≈6,000 registered members, >15,000 wallets). The presenter closes with a call to action to like, subscribe, and engage via Discord or the site for support.
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Welcome back to the channel. I hope you're having a great day. So October 1st, we're going to be launching our Universal Basic Income program payments. They will be going out on the SLP dividend tool. Um, so hopefully by now you have your wallet, um, so that you're able to, um collect this, uh, your Universal Basic Income program tokens. It's going to be automated, you know, done automatically. You don't have to do anything but just hold the account. And, um, let's take a look at some of the, um, addresses that are showing up here. Okay, here's manage addresses here, and you can see there are quite a bit of addresses in the on the system here, that will receive that payment. Now, if you do not have— there are two things that you need to have done, and you still got to October 1st to get it done to catch this round of payments. Keep in mind, if you miss this round of payments, you will not get them for the— this month, right? You won't get them for the month of October. But you will get them for the month of November. They're going to go out every month, right? So make sure that you have your wallet available by now. Now, if you use a memo, um, memo your— and you hold BitcoinMYK coins, you're going to receive the tokens, uh, if you already have that. Now here's what the problem is. In order to be eligible for the payment every month, you need to have a Zappit wallet, right? We're only going to release the Universal Basic Income program tokens through the Zappit wallet. And you also need to input in referral Bitcoin MYK, right? Showed you that on other videos. You can look in our video history and you'll show— it'll show you a video exactly how to do that. I think it was the last, um, video we did, or maybe the one prior to that. But, uh, so these wallets are going to be receiving the, um, the Universal Basic Income, uh, tokens. Now, uh, what can you do with these tokens? So what generally happens, um, with, uh, projects like Universal Basic Income projects is there are what one might call a closed-loop or closed-end system. Let me explain real quick what that means. So what that means is that many of these Universal Basic Income project coins, if you look at something like EOS Voice, which I believe is a thinly disguised Universal Basic Income project, and GoodDollar that was funded by the brokerage house eToro. But the one thing they have in common is that most of the, how the coin is able to be used is within the system itself. So for instance, EOS Voice, you're going to be able to use their coins to push your content or promotions to the forefront and receive the coins every day. Um, with something like, um, uh, what is it, uh, GoodDollar— GoodDollar is gonna have— I don't know if they have it yet, but they're gonna have an, um, in-store application where you can kind of just use the coins to purchase, you know, items that they have in there. But BitcoinMYK works more like a standard traditional cryptocurrency we're accustomed to, right? And so it does have a secondary market and it does trade on exchanges, but at the same time it does have internal value. So as the value of the cryptocurrency increases, we just want to, uh, you know, make it clear and help people understand that this cryptocurrency does have an in-house value. So What's something like Universal Basic Income, which the site has already crossed over a million visits, right? You got to have a lot of people interested in Universal Basic Income, especially now the state of our geopolitical affairs. Um, and you're gonna get a lot of traffic to the site, we, we believe, right? Um, and so you're gonna be able to promote things with this. So it's kind of like the Basic Attention Token in a way. Um, where you have the ability to use the token to purchase things with BitcoinNYK vendors on the BitcoinNYK.com site. And so besides that, the tokenomics of it, which is one of the more fun parts of it for me, which I think should excite everybody, but the tokenomics of it is awesome because what it does is it actually deflates every time transactions are made. The value of the cryptocurrency is getting lower. I believe it's like 31 million, uh, of them at this point in time. And, uh, it's gonna get directly on par with Bitcoin, right? So it's gonna get on par with Bitcoin, but, um, it's going to deflate even lower. So once it reaches 21 million coins, it's gonna go lower than that and lower. So that's gonna be very interesting. And what that means is the distribution amount is going to get less and less, right? So it will be, uh, it will be less than that, right? Um, that's interesting. Just looking at some other, um, applications here on the side, but it's very interesting too. Uh, also what's going to be, I think, going to be very interesting is, uh, the community is going to be able to distribute the Bitcoin MYK coins as well. We call them network suppliers, and they're going— it's going to be based on— it's similar to how they select NGOs, how they select people to mine certain cryptocurrencies, whether they're government or non-government organizations, right? Charitable organizations, some corporation or business or something like that. But we're going to do it with everyday cryptocurrency users, right? And one formula we're going to use is going to be based on um, uh, your, your how many followers you have and so on and so forth. So it'll be pretty cool. You get our cryptocurrencies, and when you, um, send them out, you get to keep over half of them, right? So just for example, you become a network supplier, uh, BitcoinNYK.com, they give you like 10,000 BitcoinNYK coins, you keep 5,000, and every month you will be, uh, sending out using this dividend tool, sending out the cryptocurrency to other people, right? So it should be fun along with the affiliate program for those who don't qualify. So if you don't qualify for that, you just join affiliate program, our referral program, and everyone you bring in, you're going to get Bitcoin MYK for that. So, so very exciting project. I think it's a very inclusive project so everybody can get involved and earn some cryptocurrency. And because of the tokenomics, again, of Bitcoin MYK, Uh, it's gonna be hard to predict what the value of it can go to, but we believe it's gonna go a lot higher than where it is now. We believe we can probably see 10,000%, 100,000% returns with BitcoinMYK just based on the, the system we're using. So should be very, very pretty darn interesting what we do with that. So you got to October 1st, um, to get this in, to get your referral link in. Let's see if we can get you over to, um, get out of there. Okay, I don't want to go back in there. Okay, let's try and get out of there. Okay, that's where I want to go. Let's see if I can get back to wallet profile. And here, here's where we're trying to get to. BitcoinMYK, where it says put in your referral code, you want to put in BitcoinMYK. Uh, once you do that, that's going to enable you to be able to receive the, uh, dividend, the Universal Basic Income, uh, coins, uh, every month. And, uh, once you sign up here for the while, which is very, very easy, right? So, um, and of course you can also earn the, um The wallet, uh, coins just for, uh, entering your code. So not only does BitcoinNYK.com, uh, receive, uh, a cryptocurrency for that from the Zappy Wallet, but you as well get the same thing we get. So it's a win-win situation for us all. If you have any questions about how to do this, uh, leave it in the comment section, visit our Discord, or leave it in our chat, uh, area on BitcoinNYK.com. We'll be more than happy to assist you with that. That's all I want to say in this video. So make sure that you don't miss this and that you start getting these very rare cryptocurrencies that won't be— there's going to come a day when it's going to become very difficult to even hold one full Bitcoin MYK due to the deflationary nature of it. And the growth rate, we're very pleased so far with the growth rate. We've reached about 6,000 registered members over the exchanges. There are over 15,000 wallets. So we're doing very well in our growth. I'm very, uh, satisfied with that. But again, um, if you like content like this, don't forget to like and subscribe. Uh, use your bell notification at the top. It's a little thing looks like a bell at top of your video, right? You click on that, it's going to show when our latest videos come out. That way you don't miss pertinent information, important information that you might need to know about this project. And, um, as always, until next time, Take care of yourself and each other. Goodbye.
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