In this tutorial, the presenter explains a new feature that lets Steemit users earn BitcoinMYK (also called BitcoinNYK) tokens for every post they publish, with the amount determined by their Steemit reputation score. Viewers are guided through registering on BitcoinMYK.com, linking their Steemit account, and using the Freedom Exchange’s deposit‑memo system to claim tokens. The video outlines the token reward tiers (1‑5 tokens per post depending on reputation brackets), describes how the BitcoinMYK token functions as a universal bridge cryptocurrency intended to fund universal basic income, and highlights its integration with the Steem ecosystem, the Steam Engine Marketplace, and the Freedom Exchange. The presenter also clarifies how Steemit reputation is calculated (posts, Steem Power, community up‑votes), demonstrates the automatic cross‑posting of Steemit articles to the BitcoinMYK site, and promotes additional community features such as live support and a “Steam It” lottery. The overall message is that this system solves earlier concerns about rewarding Steemit contributions and offers an easy, automated way for creators to monetize their content.
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Hey you, welcome back to the channel and I hope you're having a great weekend. So, um, this is an exciting video. It's a video I think that makes a lot of sense to us, something I think we should have integrated quite a long time ago. But we now understand the importance of reputation score on the Steemit blockchain. That's something we've tried to figure out quite a bit of time now. And so what we're doing now is this post you make, you can now earn based on your reputation score. You can now earn on every post you complete on Steemit. Register with our site, BitcoinMYK.com, here. The amount you earn is determined by by your reputation score. You only need to post on Steemit and your latest post will auto-post to our site. Now we're going to show you how to do that. Uh, very simple process. You receive Bitcoin MYK tradable for Steem, Steem Back Dollars, and many of your favorite cryptocurrencies on the Freedom Exchange. Um, and so you can get your wallet here on the Freedom Exchange, but we're going to show you how this works. So this is quite interesting. You probably heard of ideas like cross-posting, uh, where you can post, um, your Steemit blog to one site, it appears on another. You can do that with our site and automatically it will appear on our site. What's so great about that is we've become so well streamlined into the Steem blockchain ecosystem, uh, that it really works well. Um, so all you have to do is enter your Steemit name, enter your reputation score. The system is going to determine it anyway when it grabs your post, but this just shows you how it works. If your reputation score on Steemit is between 25 and 34, for every post you're going to get 1 token. Uh, if it's 35 to 45, you're going to get 2 tokens. If it's 46 to 55, you get 3 tokens. 56 to 65, you get 4 tokens. And if you have just a, uh, the maximum reputation score, you're gonna get 5 tokens per post. There's no limit to the Steemit posts, uh, you can make. Uh, of course, it's only limited by your reputation score. So the better it is and the higher it is and the more you improve it, the more of our cryptocurrency you get, the BitcoinNYK token. Now, uh, really fast, What is so great about the Bitcoin MYK token is that it is basically a universal bridge cryptocurrency that supplies about, uh, which supplies 80% of the globe with universal basic income. Now, how it's funded, where the value comes from, is the majority of the tokens are earned or owned by Bitcoin holders. Um, And, uh, we figured out a system. What better way than to, uh, have this valuable system based on Bitcoin than to integrate it with the biggest social media site in cryptocurrency, which is Steemit.com. So this is so very, so very important because How we see things is that Bitcoin, being the biggest cryptocurrency there is, um, has had a problem identifying with regular people by use. Uh, it hasn't been, uh, something that they could relate to and use, uh, and it's been a very difficult process in adopting people over to cryptocurrency. So One of the simplest solutions we found was to use social media-like interfaces to be able to relate to the average user, um, and that's what you get with Steemit.com, right? You get an easy way to bring people in to a social media-like based platform, uh, and of course with Bitcoin being the largest cryptocurrency and that value being so important By us being a universal bridge cryptocurrency, we can move this value. Basically, it means we are available on several blockchains and that same value is represented across these blockchains. Now, why this ties in so well with Steemit as the social network interface is that the BitcoinNYK token is basically a smart media token as well that It's tradable for Steam, Steam Back Dollars, but you can also trade it for other cryptocurrencies. But it's just so well integrated into the Steam ecosystem to where you don't really have to go outside the Steam ecosystem. We're also available on the Steam Engine Marketplace. Now, the Freedom Exchange is very important because you don't have to have a Steam account to use it. To use our cryptocurrency, yet it integrates into Steemit as well. So these are all just great ways if you're a Steemit blogger to be able to earn on every post you put out. Now, you know, of course, we've been trying to figure out some issues with Steemit between Steem Power and reputation score, which, which is more important. And so it's been a problem that some people have felt that, you know, it didn't work well. The system didn't value posts as great. What we found is reputation score always kind of provided that missing piece to the puzzle. What is a reputation score? It's a combination of your posts and the content you create and your Steem Power. It's also based on the Steem Power of the community as they upvote your post. So this is a very good hodgepodge of ways to determine value in the Steemit community. Now, the missing piece of the puzzle was once that value is there and determined, How do we make sure people are rewarded for that value? And that's what we're doing with the, with our new feature here with the BitcoinNYK.com site, finding a way to make sure you're rewarded for that value. And we think it's gonna work pretty well for you all. And we think a lot of you all are gonna like it. Real easy to get started. You enter your Steemit name, your reputation score, the last post you posted. And here it says the BitcoinNYK deposit memo. That just means you sign up here in the Freedom Exchange, which is a smart media token exchange. This is the, the SMT concept that Steemit has proposed, where they take these smart media tokens and they're tradable against Steem, similar to what you get with an ERC-20 token on the Ethereum blockchain. What's so awesome about this is you're able to trade it against Steem when you enter your deposit memo, you will receive your tokens, right? That's very easy to get. As soon as you sign up for account, you just go over to and click on the Bitcoin MYK cryptocurrency. You click deposit, it gives you your memo, much like many exchanges do, and you post that memo here and hit submit, and you'll get your cryptocurrency. You can start trading right away. Today there's, there's no delay. Now In the posting, sometimes your post, it might take about, uh, 5 minutes to a few hours for your post to show up, but it will show up. Um, and that's all due to how many posts are coming through, uh, at the time. So once you hit submit and you take care of that, let's get you over here. We're going to show you what you're going to get, uh, and what you're going to be looking for. And, uh, um, yeah, just really cool. My recording device always kind of slows down the process. Okay, I think that's us right there. One second here. Yep, that's here. We're on the home page now, and your posts will start to show. These are all Steemit posts. They will auto-show Okay, on our, on our, on our page here, and you can see your earnings. And once, once your post is showing there, you have now started earning. Now again, you won't have to post to our site every time. You only need to do it once, and then once when you post through Steemit, it's gonna automatically generate your post on our site. So your post will show automatically. You won't have to do anything else. The only time you need to come to the site is when you get ready to pick up your tokens, right? You claim your tokens. So, um, for every post you do, um, just come over to the site, do that real simple form. You don't have to post, fill out a post, a posting information. Just go to that same form that we just showed you there, put in those, those minor details, and you're going to get your cryptocurrency sent to you. Um, and so we think this is great, guys. We think this is a great feature. We think this solves many issues that Steemit had early on, some problems and concerns people had about the Steemit blockchain, and we think this is going to be a better way forward for many of the Steemit community, at the very least providing what we believe to be a good option for some of the members there on the, on the site. So We have live support on our website. We will leave a link in the description. Um, and if you have any questions or comments or concerns, feel free to contact us. Uh, but a lot of great things happening with BitcoinNYK.com on the Steemit blockchain, working and integrating itself into Steemit. Guys, we know you're gonna love this. Make sure you try it out today. Also, don't forget to try out our Steam It Lottery that we will do our first drawing on tomorrow. We'll do a reminder video this evening, make sure you don't forget that. But guys, that's all I got for this episode. If you like content like this, don't forget to like, subscribe, and until next time, take care.
