Xen Crypto - Coinbase Listing/Base Launch!

XEN crypto could list on Coinbase through Base, its Layer-2 solution with low fees and access to over 100 million users. The presenter argues for fundamentals-first investing over hype, and covers BitcoinMYK's proof-of-participation token model launching a Twitter-style redesign.
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Welcome back to the channel. I hope you all are having a great evening. And so I've been waiting to, to spread some good news to the Zen community. Zen, one of the last bastions of cryptocurrency, I think, you know, is anything out there worth looking at? And so it does appear that we do have some good news, uh, outside the ordinary for XEM, and that is Base. Base, a layer 2 solution, uh, uh, basically related to Coinbase. And as you can tell from the title of the video, Coinbase, uh, as in the Coinbase exchange are, you know, talking about how it might end up being imminent. And this may be imminent that Zen's going to appear as a Coinbase listing, right? And I'm saying that because I've seen some of the other cryptocurrencies on Zen. Excuse me, guys, let me turn off my notifications. I knew I forgot something. Just bear with me. All right, I set it to indefinitely. Don't interrupt me indefinitely. All right, so yeah, once again, this is a Layer 2, right? It's going to be low cost, uh, it's going to allow for, uh, burning of Ethereum through the bridge, which means of course the more deflationary Ethereum becomes, the more, uh, value, right? And Zen has been a master of this. It's been a master of burning Ethereum. Now, uh, BASE right, being this level 2, right, L2 for, uh, layer, layer 2 rather, for, uh, uh, Ethereum, right, uh, the base, uh, blockchain, right, uh, it's going to allow for the cheaper, uh, transaction fees. But the, the big deal, the, the main, uh, meat of this is that by being relative to Coinbase, Coinbase has over 100 million registered accounts, right? Right. It, it already has that large. And so, uh, you know, being noticed on BASE, right, means you're going to be noticed by Coinbase, right? And so by the looks of the cryptocurrencies I've seen on Coinbase, right, some of them are fairly okay, but Uh, these aren't exactly phenomenal, uh, not all of them anyway, cryptocurrency. So BASE is going to allow for, um, you know, basically these, uh, uh, Coinbase users to navigate through the BASE protocol. Now imagine the eyes on Zen, right? Zen has all of the parameters of a good cryptocurrency project, especially introductory to new people, right? You know, they, you know, once you get through the minting process and the Ethereum fees, etc., you basically are receiving the cryptocurrencies for free. You're minting them for free. And in some cases, it might just be better to just buy them because they're dirt cheap at this point in time. But the reason this is such good news, I think, for XAN or at least promising is, is of course now you're moving into, uh, a great possibility for the appreciation of the cryptocurrency because there's not many places the XIN cryptocurrency can go, you know, at this stage, right? You know, and this, this will be, uh, very noticeable, I think, by Coinbase and the parameters of, of XIN, uh, you know, being this fairly launched Bitcoin idealistic product, uh, and being, uh, definitely, um, uh, you know, considered, uh, to be decentralized in many regards, uh, uh, Coinbase now trying to break into DeFi as such, uh, I think Coinbase may look at this with good eyes, right? And the attention Imagine Zen being able to get on Coinbase and, and do all these things. It can be a very good situation, right? So that's what we're looking at here. Now, you know, of course, you know, minting on Base, etc., is going to be a lot less fees, a lot cheaper than doing Zen on Ethereum and so on and so forth. Now you are going to need Ethereum to bridge over to Base, right? But, you know, once you're on there minting OnBase, etc., uh, being able to, uh, you know, uh, you know, navigate the XIN on OnBase, uh, that could kind of be the headquarters. I think it would be more idealistic for it to be because Coinbase itself already has the reach of what your Bitcoin communities would have and your Ethereum communities will have, if not more, because they have a much more easier user interface, right, for new people to get in, onboard, uh, potentially these hundreds of millions of accounts, right? Now, uh, I just want to talk about BitcoinMYK a little bit too. You guys know BitcoinMYK works on a proof of participation model. Uh, it's, you know, it was that for many years now, pre-dates Zen. And some of you all have been having trouble accessing the site. I would say don't worry, it has a social token function, which basically means BitcoinMYK will be, uh, it's getting a cleaner, more appeal, a cleaner, more look. It's gonna look like Twitter, and it should be up in a few more days, right? So if you've been going over to BitcoinMYK, if you see the BitcoinMYK project talked a lot about on us, You might want to check that out too, because it has that very similar feel to Zen, you know, by way of, it's more of a social token, you know, it has the social networks integrated into them. I think that makes it easier for people to use. But, you know, in that regard, it might be easier to onboard, you know, more people, millions, billions of people, we're hoping, right? So these are things I think you might want to work in conjunction, use in conjunction. I don't think it would be a bad idea. But, um, if you can't wait for the new layout to be out, which is gonna be more cleaner, gonna have a more of a Twitter-like feel, uh, which, uh, if not this week, it will be back up early next week, uh, you can run over to Memo, uh, which is the Bitcoin Cash, uh, version blockchain of the cryptocurrency. You can still use your Hive wallets and such to move around the cryptocurrency in anticipation of this. So a lot of cool, you know, things still happening with BitcoinMYK. And so don't panic if, uh, you've been trying to access the site and you can't get on it, uh, as such. Getting back to XEN real quick, so a lot of good things happening. Again, XEN being my last bastion of hope for cryptocurrency besides, um, BitcoinMYK. You know, as you guys probably have figured out by now Uh, my channel is called the Education Entertainment Television Show, right? And there's a reason for that, uh, because we try to approach cryptocurrency through an educational approach, which means no, we don't get hyped up about price moves, price changes, uh, and such like that, because we know just like they go up, they can come down. We focus on fundamentals, things that are going to be around. As you can see, Zen hasn't went away. Zen fundamentally is still there, still strong, and I believe that the prices will reflect that and show up in the near future. Same thing with BitcoinMYK. A lot of people tend to erroneously pay attention to prices, what they're doing today, without fundamentals, right? BitcoinMYK, solid fundamentals. I believe it's gonna be very similar to what's gonna happen, I believe, to Zen. Right now. In addition to that, um, BASE— many of the protocols and projects running on BASE right now, uh, have reported very large gains. Some have done 10x and such. And so there are many of them, uh, formulating over there, uh, what is it, like $150 million in equity already? Like, I could be wrong, locked up over there. I think it did say— or is it $130— I'm sorry, I'm way off. Uh, $130 billion of assets on the platform. Uh, talking about Coinbase is built to be the on-chain home for Coinbase products, users, and assets, as well as an open ecosystem where anyone can build for them, leverage Coinbase developer tools to make building easy and reach coin— and this is the key, guys— to reach Coinbase users, right? But that's also going to make it easier for Coinbase users to reach XEN cryptocurrency. It's going to also probably make it easier for Coinbase to want to list XEN after they see all this Ethereum is responsible for burning, right? So all these things could be true, and they can all serve as an advantage to, uh, the platform, right? Project. All right, is there anything else, right? I think that's it. I think I just about covered everything in this video, guys. It's important if you like this content, if it resonates with you, if it makes sense to you, if when everybody else saying crazy stuff about prices and looking at charts, you have some common sense information, data resonates with you. Very important that you hit the subscribe button, right? And watch all our videos, right? Because what that's going to do is going to notify you when the latest video comes out. And it's maybe going to be a change of the hoopla and the casino-like feeling, uh, that a lot of cryptocurrency— I'm sure, guys, by now you guys have realized treating cryptocurrency like a casino doesn't work well for you. If it worked well for you, right, that would mean that your portfolios would reflect that and you would be on top now and doing well, right? The fact that it does not work well for you and these projects that maybe you've been in for years now could be an indication that, uh, that's the wrong approach and maybe you should at the very least consider a different approach, right? And if you are considering that different approach, you're going to get it here on the Education Entertainment Television channel. We should have 100,000 subscribers, uh, talking common sense to cryptocurrency. Um, so hit that subscribe button. Make sure you do that and hit that bell notification at the top. Uh, and if nothing else, make sure you tune into these videos regularly. We got thousands of them on the channel. Uh, try to watch them all if you can, right? Challenge yourself. But that's all I want to say in this video, guys. The next time, as always, take care of yourselves and each other. Don't forget to join BitcoinMYK. Uh, if you can't get on, if you can't join this week, Uh, check early next week. We should have, uh, the new Twitter layout, uh, working on it, running as a social token under a proof of participation model. It should all be awesome. Anyway guys, until then, take care.
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