In this commentary, the host examines emerging crypto projects that resemble or could be considered copycats of the Zen protocol. He first introduces Titan X, a newly launched token led by Jake Sharp, and critiques its reliance on purchasing expensive miners (over $300) as a barrier to entry, likening its ecosystem more to PulseChain than to Zen. He questions Titan X’s ability to compete without unique features such as free minting or strong brand awareness. The discussion then shifts to BitcoinMYK, a project predating Zen that mints tokens based on social media engagement without fees, aligning with Zen’s fair‑start principles and Metcalfe’s Law. The speaker highlights BitcoinMYK’s recent price surge to $0.03 and praises its “everything coin” model. Throughout, he emphasizes the importance of options, warns against bias toward first‑mover projects, and states his personal investment stance: he would only engage with Titan X as a speculative participant, avoiding the costly miner purchase. He also expresses concern over Ethereum’s high gas fees, preferring cheaper chains for such protocols.
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Welcome back to the channel. I hope you're having a great evening. And so today we're gonna talk about what might be, uh, something akin to Zen copycats, right? Now, uh, looking at something like Zen, a project that, um, uh, I've liked quite a bit, uh, I've always preached look for good concepts over price. So the fact that Zen price might not be where I want it to be, for me to greatly complain about that would probably make me a hypocrite. So we're not going to do that. But we are looking at maybe some other projects in the space that might feel they can do better, that might have similar concepts as Zen. Similar protocols, etc. And so I think the one that people are starting to hear about is one called Titan X that's only been out for— I'm not even sure if it's been out a month yet. Uh, it hasn't been out long. I believe the, uh, the person who's, uh, the head of the project goes by the name of Jake Sharp. Um, and this is a person who's kind of been around these communities where they'd be like the post community. And then I think he might have got a little bit bothered by the post community for a time. And then he kind of got into Zen a bit. And what he's— what seems to be the idea of what he's done now is kind of tried to take the best of the worlds, right? To try to make— take good components of the post, ecosystem and incorporated into the Zen ecosystem, and thus you have Titan X, right? Now, what are my thoughts on Titan X with the very limited information I have on it so far besides it being another option to Zen? Now, I like options, right? You, you always hear me talk up options, and whereas I know some people talk down options because they, they probably, uh, benefited from first mover's advantage, which I think is a kind of, uh, dishonest critique, uh, of other projects. If you kind of jumped in one that kind of took off and, uh, maybe the other projects could be better, but because you got all your money in there, you don't want them to be better. I think that's a problem because it can limit progress, advancement, and so on, right? You know, as it well will, um, But I think in a more honest critique, you look at like, okay, is this really fundamentally doing something better? And looking at Titan X again with limited information I have, I haven't completed the white paper, but I will say this about it right off the bat. It does, it feels less like Zen than anything else. I would probably think it feels more like the Pulse ecosystem, right? PulseChain. Because, you know, there is the ability to build products and things on Titan X, but on the protocol. But to mine the cryptocurrency, it looks like you have to purchase these miners, right? If I got that correct. And these miners now have gotten quite expensive, right? I think one's now over $300, which means that this is going to soon become quite the exclusive club, right? So, uh, you know, I don't know exactly how that solves problems, um, in that area. More like Zen, maybe it's more, um, more of a, uh, a direction against something like the Pulse chain. Because, um, if, as I understand, it has a, a lower token supply, you can build on and so on, uh, running on Ethereum, etc. And so maybe in that way, uh, it would create more of an opportunity with price in, uh, a direct head-to-head with maybe like Pulse. I'm not sure if it can compare itself to XEN. XEN is a totally different animal. It's a I base Zen running on Metcalfe's Law. I would say BitcoinMYK would be closer to a copycat of Zen, but even in that, because BitcoinMYK predates Zen, I couldn't really even call it a copycat, right? So I don't know if copycat is the correct word for this video. In fact, I would go on to say that there is not quite any copycat in existence to Zen, right, that I'm aware of. If you know of some, please feel free to comment and leave them in the comment section. Let me know. But I haven't seen anything quite like Zen. So that's my thoughts on that. Will I get involved in Titan? If so, it will probably only be as a speculator. I'm not going to invest. Over $300, probably be in the thousands if it keeps going, uh, for the, you know, for the miner to, to, you know, mine Titan X. Not gonna do that, uh, so I'll be a very limited participant and, uh, I'll probably only be wildly speculating on it, you know, if I did, uh, involve myself with it to some degree, right? Wild speculation, it would it would be. Um, I'm going to now talk about what might feel like a similar project to Zen. Again, I can't say it's a copycat because it predates Zen, but, uh, it's doing actually well this week. It hit as high as 3 cents this week. Yeah, it went up real high. Um, and, um, that's BitcoinNYK. Let's get over there and just look at that real quick. All right, over on BitcoinMYK, I'm in my wallet. This is like the everything coin, but there's something very similar to this in XEN, and we're going to talk about it. But what I like about BitcoinMYK is in it being this everything coin, uh, you mint your cryptocurrency based on social media engagement activity, the algorithm, the protocol takes that and converts it into a cryptocurrency, and it doesn't cost you anything. You don't have to pay fees. And I would say this is similar, more similar to Zen Minting, because it's all about, um, fair principles, fair starts, right? Um, and under Metcalfe's Law, it grows the network you know, based on your participation, etc., right? All these various things you do through this crypto algorithm that generates these coins for you, right? And in some aspect like that, I think that's a very, very interesting concept. Makes a lot of sense. Uh, again, the problem with Titan X is this just seems more like a PulseChain type thing. Uh, now, you know, Pulse is already got a lot of money into it. It already got that notoriety as such. And to compete with that without having that liquidity, without having that presence and value, I think it's gonna be kind of hard, tough to do, right? Also, there doesn't seem to be anything unique happening with Titan X, right? It doesn't do the— as far as I can see, it doesn't allow the minute free, it doesn't have the the brand awareness that Zen has. It doesn't allow you to mint cryptocurrency free through social media activities, right, like what BitcoinNYK does. So in that regard, it just doesn't feel, you know, like it's something that competitively will be able to stand up against, you know, whether Zen or Pulse. And, you know, in the long run, probably probably not even Bitcoin MYK. I can see it. Now, that being said, I don't think it's a bad idea for it to exist. I think it's good to have, uh, uh, something like Pools and, uh, some other, you know, a variety of versions of it. And the same thing with Zen and the same thing with Bitcoin MYK. So I'm totally on board with that. But I mean, I mean, as far as an investment where you got to take money out of your pocket and buy these miners and so on and so forth, Not a big fan of that. Not a big fan of that at all. If it was, uh, more like XEM where you could mint, uh, you know, you got as many know, I don't even like these things run on Ethereum because I think the fees are too high. I'd rather them run on cheaper chains because I feel that you're putting yourself in a fundamental risk when you're paying those high gas fees. You might not be purchasing the cryptocurrencies directly, but you're paying a ton of money into these gas fees, which really is still translating into I'm spending a lot of money to acquire this cryptocurrency.
