Steem Groups - Bitcoin MYK Contest Results

Welcome back to the channel. I hope you all are having a great holiday season. Want to talk about the BitcoinMYK group's function over on the social network. Our contest did end yesterday. We want to give you the results of that. As a reminder, we just want to let you all know that this will follow up Every week for an undisclosed time at this point in time, we are trying to build up use to the site and the, um, excuse me, social media function. Um, and so what it will every Monday end. So next Monday coming up, which will be December 30th, uh, will end our second contest. And how it works is it works on, uh, the most posts that is put out in a calendar week. So let's look at who our winners was for the week. Who got in the most posts for the week? And we have to stop here at Mr., I believe it's pronounced Equel22. He does some interesting, looks like astrological charts. Tarot card reading. We're seeing a variety of posts now come on the site. Good job! He, he hit a record of 4 posts and 1 calendar week, uh, on our network here. He gets 1,000 Bitcoin MYK tokens. Good job! Uh, we're also coming up here on— looks like this is Mr. Draker Noise. He was able to get in, uh, a post in time to enter in He didn't come in second place, but he did come in third place. He's gonna take home 100 Bitcoin MYK tokens. And I think second place, our runner-up here, was Mr.— let's see here if I can find him. I think we already passed him here. It was Leonardo the Slade. Leonardo the Slade, uh, he's also a curator with us, so he's doing a great job. Uh, he was able to, uh, come in second place. He'll take home 500 BitcoinNYK tokens. So great job to all the participants. Uh, remember, you can participate in the weekly contest. We're going to have going for a while, don't know how, how long. So you want to get in and take advantage of this while you can. But it will be, uh, until we get this built up to be a very big usable network. Um, now of course, everybody that posted, if you didn't win Keep in mind that you get 50 BitcoinMYK tokens per post. In addition to that, you also receive 25 BitcoinMYK tokens per comment that you make, right? So pretty darn good system we got going there. We believe it's a revolutionary system and that no other, uh, social media project and cryptocurrency that we're aware of at this point in time does this thing, and we believe social media is going to be so important to social media— I'm sorry, to cryptocurrency. In fact, we believe social media is one of the best uses of cryptocurrency, is one that makes the most sense, and it's the one where you're gonna probably come closer to getting mass adoption. Uh, the reason it is so, uh, different from what you get on many other systems like this, uh, not only is it sustainable unlike some have been but the nature of it is more based on merit. As to say, there is no post that can be manipulated where one person could come in, spend more money, and make posts be out to be the amount they want to be. Some of us in the space believe that is a problem that takes away from the quality of posts and of content. Instead, what we wish to do is incentivize everyone the same to participate and that when you participate, do a post, you're going to receive 50 Bitcoin and YK tokens. Now of course we have the contest now run each week, which means the more, uh, participation you put in, you have a chance of winning the prize. But the layout to the system itself is based on your participation, and in that participation you share in the value of the network, right? There is no, uh, ability to, uh get over on that participation. You have to participate. No amount of buying the cryptocurrency will change that. You have to actually participate through the post. And we think that is what's going to make the big difference in our system and solve many of the issues that have existed in our cryptocurrency social networks. You see, the problem was never, uh, so much about the value and the amount of money people got paid imposed. We believe that to be an incorrect assertion, uh, in understanding human psychology. What our research was able to uncover is that we looked at an event that happened years and years ago in Paris, France, where the retirement age was moved up to 60 years old, and there were riots in the street, and there were problems in the state of or I'm sorry, the state of affairs in France, in Paris, uh, due to the idea of fairness not being part of the situation. It wasn't fair to take a lower retirement age and boost it up to 60 years old, and people would have to work longer. But that wasn't the case in the United States. Within the United States, the retirement age was almost an entire 10 years further, right? It was 67 years. So it's comparison of 66, 67 years. The point being that the idea of fairness raises above the actual value of posts. We know this because in social media, people post millions of posts every day and they are not compensated for a post, right? They go on Facebook, they go on Twitter, and they participate in all these activities Facebook, Twitter makes billions of dollars. Almost some are valued collectively at about a trillion dollars. And the person who does the post and uses the social media, the new oil, their data as it were, the people who use this, uh, don't get compensated a dime. Yet they do it more and more and more. That proves right there that the value of the post themselves isn't the issue. The true problem was always in the idea of fairness. And we believe our social media will end up being one of the best because of this slight change in how we deal with social media and cryptocurrency. And that is everybody's value and participation is the same right now. Of course, again, with our contest with the amount of energy you expend into it, you can gain more BitcoinMYK tokens, obviously. But the great underlying factor is that there is no manipulation. There is no buy your way in and make yourself richer and choose who you want to gain more value. But it is just the merit of what you do. And it's very much akin as well to what you get in a more democratic system, whether it's throughout voting, as all votes are the same and all value is the same. So very interesting project, one we believe a lot more revolutionary than you all might think. You have to really take a step back and look at what we've gotten in social media and cryptocurrency. What's been the problem? Why so many fail? And why people don't like to participate in them? So I think if you take a moment with that, let it digest, that you will see the great amount of value and participation and feeling of community you can get in the BitcoinMYK project. But that's all I want to say. We, uh, our next contest ends Monday. You can start posting now. It is officially open. Uh, it's going to run week to week. Get as many posts in as you can. The more you get, more chances you have of winning. That's all I wanna say in this video. If you like content like this, don't forget to like and subscribe and share. That's very important. Share, post this to all your social media, post it to all your group, re-steam it, retweet it. And until next time, take care.