Xen Crypto - New Project Coming!/How Much Btcmyk Minted In 1 min

Jack Levin announced a no-code tool for launching XEN-based projects. The host minted five BitcoinMYK tokens in one minute by liking content and joining groups, raising his balance from 484 to 489, and explained how the proof-of-participation system rewards user actions across multiple chains.
Chapters
Welcome back to the channel. I hope you guys are having a great Friday afternoon as we get ready to go into the weekend. So this is a very interesting video today in relation to Zen, and I'm also going to see how much Bitcoin MYK I can mint in a few minutes, right? So it ought to be interesting. We're going to delve into that today. But okay, Jack Levin's came out with this announcement on Twitter where he's saying that we are building something that allows a person without knowing any code to launch similar projects as VampX via XEN burn auction. Details and blueprints will be available soon. So Jack Levin's given yet another use case to XEN. Uh, you're going to be able to burn this XEN And he seems to be, uh, basically creating this key latch, uh, system, uh, or turnkey— I'm sorry, turnkey system— where even if you're not a coder but you got that great idea, um, you know, this great project that's going to utilize the XEN cryptocurrency, all those great ideas can come to the XEN ecosystem, just like how BitcoinMYK is, you know. BitcoinMYK is on multiple chains. I call it the first Zen because it came out with the proof of participation model years ahead of Zen, right? But at Ronzon, we're committed to creating projects that are actually useful to people and efficient. And Ethereum projects aren't efficient. In fact, Ethereum wallets aren't efficient, right? None of this is ideal, I think, for the everyday user. BitcoinMYK uses chains that are derived in a way that I think multiple people are going to use. But because it does, uh, basically, uh, run on multiple chains and, uh, is accessible to people from a variety of chains and ecosystems, whether it be Bitcoin Cash to Waves to the Steem, Hive blockchains, Bitcoin Satoshi Vision blockchains, soon to be on Ripple, on Polygon, right? It is accommodating those people on there, but this will be very interesting because these projects are so close together. Now, of course, the problem will be what's gonna happen. You probably have a lot of projects, a lot of trash projects, and that's something that happens. There's a problem for every blockchain, right? That you people are gonna be creating these contracts and projects that are, you know, trash projects, right? And people losing money and security risks, etc. But by Jack Levin's team, development team working on this, probably going to be a great deal more higher quality there. But it's also going to bring more value into the Zen ecosystem because what that does, that allows people to bring more money into Zen and Of course, that helps with liquidity. Burning XIN, of course, will help with the price of XIN and the value, etc. So that's all very cool stuff, right? Uh, now again, you guys know my opinions and thoughts on it. I believe Bitcoin MYK is the best cryptocurrency out there. Uh, I, I would like to see a part of the XIN ecosystem. We are already, I believe, part of that through 6 degrees of separation. To the, you know, to the point where, you know, you can burn Zen, you can accommodate or accumulate rather BitcoinNYK that way. You can get it free, the minting is free, everything's free. We're going to demonstrate minting in a few minutes of it, and you can actually just sell it for Zen, right? You know, or, you know, sell the BitcoinNYK, add to the Zen liquidity pool with it, right? So there's, there's so many ways to go about this, especially have a great idea for a project, but maybe you just aren't development savvy in some way, right? And of course, with BitcoinMYK, I think this will work great because it'll allow people in the XAND community to build and use projects like BitcoinMYK. And that's what we like to see. We love to see developers coming in and just seeing the great power of it, but it's just making the ecosystem smaller, the blockchain smaller, and that's what we want. That's what we always wanted. And so we try to put that message out in cryptocurrency that the best projects are the, I believe, interoperable projects like this, right, where you can just bring in projects into things like Zen and such. And I think those are the best ways to go. But anyway, now let's get into how much BitcoinMYK I can mint in, in, in a short period of time. Let's see what we come up with. All right, on BitcoinMYK, let me check my timer here, right? Okay, I kind of see where I'm at. Let's see how much I can mint in a few minutes, right? So this is the minting process. This is meant to be very user-friendly. It's an algorithm used here. This runs on delegated proof of stake. So here's a music video by King of Princess posted. So I'm going to start participating here in the content. So I hit, I hit the like button, right? Okay. I hit the like button, right? Okay. Here's another music video from 10,000 Maniacs. These are dudes great, like '80s, '90s music I like to listen to. Uh, so I'm gonna like that right now. You can do more, it's a great host of things. So I'm trying to mint as many currencies as I can and as fast as I can, right? Uh, so, uh, so the algorithm, it basically, it gives value in the cryptocurrency based on what you do. So this is very basic You get cryptocurrencies when you log in, you get it when you like content. This guy is writing an article about the Bitcoin bananza and such, and so I'm gonna like his content, uh, as well. And, uh, so I've liked that. Now, uh, about a minute's passed right now. Let's see what I've earned. Let me go up here to my— I'm gonna go to my wallet. I want to see what's on my wallet. In about a minute, let's see how much BitcoinMYK I minted, right? And now it's not— you could do a variety of things. It's not just liking people's content. You can make friends, you can create groups, join groups, you can refer people. When you refer people, you get the cryptocurrency. You can— I'm trying to think if there's anything I've left out. I'm gonna look on my wallet to remind me here. So, okay, let's see what my wallet's saying. Uh, let's see here. Okay. All right. So you see, I got some of the cryptocurrency. In a minute, I managed, looks like, to mint in my wallet starting from, let's see, 1, 2, 3, 4, 5 BitcoinMYK tokens, right? I minted 5 of them, right? So, um, I'll go back and check my balance. Let me check my balances to see, uh, if that 5 is showing up. It should be showing now in the balance section, uh, through the algorithm. And so here's the thing though, the BitcoinNYK project— we'll talk about a little bit why we call it the BitcoinNYK project, but In the BitcoinMYK project, right? If you think of this in the early days in terms of something like Bitcoin, remember, this is a very easy, you know, easy user interface for new people to build up. So I have 489 of the cryptocurrency, which means I had about 484 when we started, right? You can see here under the balance section. right? Um, now, uh, what that means is that if this cryptocurrency— and it's, it's already going up pretty good, it's about to hit a penny soon, and that's not a lot for, uh, but, uh, to, to, you know, get what would be equivalent about 5 cents in a, in a minute. But, right, there's— remember, there's only going to be about 5 million of these cryptocurrencies. Right? There's only about, uh, about 30 million now. It's only going to be about 5 million because it's going through something similar to the Bitcoin halving, right? So what we predict is that, uh, this feels like your standard social media sites. It feels like Twitter and so on and so forth. But what we predict is going to happen with this project, um, You know, is that that cryptocurrency is going to reach very high. I think, uh, when the cryptocurrency first started, got up to like $100 or something like that per cryptocurrency, right? So imagine in a minute making like $100 in a minute. That's what can happen to BitcoinMYK based on its rarity. Uh, we also have something called the inflation token, which is separate. BitcoinMYK comes from minting. It's like gold, right? And so, um, you know, the amount you can mint, obviously, is gonna— the reward is gonna reduce down to like decimals, right? Um, and that's what I like about this project, because you get in now, you start minting early, you got a good opportunity to, to, to have some value. And then that's why you see people joining and participating. And, uh, the markets in Bitcoin and YK is actually starting to do pretty well. Right. Uh, it looked like it's launching, it's marching right back up there, you know, up there to higher numbers and it doesn't seem to be any stopping it. Right. It's been out there a long time. We've been working on the algorithm, trying to perfect the algorithm. So it works for everybody, right. In a proper way. So it's taken years to, to really get this. It's been a, it's been a passion project for me, right. That's, uh, I've really taken time with, haven't rushed it and just watch this develop year after year. what I think it become one of the greatest contributions to mankind because it, uh, deals with something called the citizen's dividend. Now, some— a project like this running on Zen, you know, with the new project that Jack Levin's talking about, I think those are the type of projects he would probably be interested in. And, uh, you know, the thing about Bitcoin, NYK Cryptocurrency, all of them are working in synergy. So when you move one of the tokens from one chain, they populate on another chain, right? So they, they get burned on the chain they're on. So it's different from XEN, where XEN you just have a copy, uh, on of the cryptocurrency on every blockchain— not a copy, but it's just a totally different cryptocurrency. Whereas with this Bitcoin and 1K, they're all the same cryptocurrency. So if you have it on Bitcoin Cash, if you have it on Hive, you're going to have it on the other cryptocurrencies because our filtering system is going to make it so, you know, you're able to transfer the value of them to another chain, right, through our applications, right? And so that's why I'm so excited about BitcoinNYK. This announcement by Jack Levin just is going to be more bullish for BitcoinNYK and make it— and honestly speaking, I really do believe this is going to be— excuse me, guys— this is going to be the cryptocurrency that most people prefer because it's going to feel the most fair. Because, you know, at the end of the day, we just can't— no matter how fair you make cryptocurrency, how fair you make the launch, the disturbance in our standard economy, you're always going to have the wealthier people in cryptocurrency that are formed the top of the pyramids, right? And this is, I think, realistically the first project were the top of the pyramid, where the wealthy people don't necessarily form the top of the pyramid, because anybody could come in here and just start minting as many of these things as, you know, a lot of them. And, uh, it still follows Metcalfe's Law rules, so it means it still has value flowing through it, right? Even if these people, you know, getting in, they're dumping it as such, right? It's moving now in a way where the system is designed to where the people who are, you know, coming in and, you know, contributing, it's going to be a fair reward system. And Metcalfe's Law is going to make it in a way, as the rewards get reduced over time, where the people who, you know, can't continually, you know, just put selling pressure on the project, it just balances out very well. From the research and data we're collecting on the project, right? So I'm very glad to see all of this coming, uh, you know, to fruition. Did I like the Bob Marley video? No, I didn't. And they got that new Bob Marley video or movie coming out, so I'm gonna like it. So it's not just videos in it. And what I like about it too, it doesn't have to be your content. Now obviously, if you're a content creator, it's awesome to have your own videos and upload them, but Just participating, you can, you can basically post YouTube videos, a variety of things, and person likes that. Here's the cool thing about it too. Not only does the person receive the cryptocurrency when you like their content, you get it too just for participating, right? So keep that in mind. So the reward is participation. The attention value is the currency that drives our ecosystems today and our value systems today. So where you put your attention is money. And I think that's a, uh, uh, a, a very easy, specific way to help people understand that is your attention value is not necessarily your, the money that you have in your pocket. Uh, we have people come in all the time and say, well, you know, you need whales in order to make this project work. You need the whales providing the liquidity, but we're learning that attention can be monetized. In such a great and efficient way that it could become where the system takes care of itself. And I love this movie, Into the Spider-Verse. I'm going to like that as well. So remember, I'm earning BitcoinNYK tokens every time I'm liking these videos and such, right? And here's the crazy part about it with the XAND community, right? You guys are watching my videos. You're not getting anything for it, right? You're not earning anything, right? Some of you are commenting, commenting on my videos. You can do all of that here and watch all your favorite content here and post all your favorite content here. And you can still earn, you know, and you can actually earn the cryptocurrency for it. Whereas if you're on these other platforms, you're not earning on it. Uh, you're promoting other projects. You're not getting anything for it. Uh, the content influencers aren't getting anything for it, right? And they can stay on YouTube and it's the same thing. So, so many great things, uh, uh, that's happening with BitcoinMYK that I think is going to be very, uh, good for the Zen ecosystem, just cryptocurrency ecosystem as a whole. And it's going to continue to grow, guys, I could tell you that. Now we're at about 20,000 wallets now. Soon we'll be in the millions, and I predict we'll get up to like 2.5 billion people. you know, uh, over the next several years. Uh, we don't do any marketing. We really want the community to participate, use the referral links, get people in. That's really what we want. That would be awesome. But I think it's just a matter of time before we get, you know, really, uh, you know, that great— those great marketers to bring us online. I really think that's the only thing holding us back, right? Uh, marketing, right? It's not technology. I think our Technology is top-notch, as you guys could see, uh, how our technology makes everything easy for the end user. It's just a matter of time, I think, before we're discovered and people use this, because we put a lot of thought into how people would want cryptocurrency to work if it could work like they want. And unfortunately, developers don't always translate well to what the end user wants and such, right? But I, I think BitcoinNYK has done a great job in that. I just think, uh, Unlike the standard economy, cryptocurrency is one of those things where, because we're all putting our money in, you want your project that you got your most money in to succeed. And it's one of those very negative tropes about capitalism, you know, in a sense where you start to rather where your money is be more important than advances in technology and even bringing more prosperity and more money to the system, right? So instead of promoting and using platforms that are far better than yours, the technology is far better and the user interfaces are far better. Instead of using those, you kind of try to, you know, prop up those platforms and projects that, you know, are terrible or trash to the end user. You're only doing it because your money's in it, right? And you're hoping you don't lose any money. So that's the trap of it because you're actually halting progress by doing that. But that seldom works. It's never gonna work. It hasn't worked so far, which means if you're trying to prop up a trash project, you're gonna eventually lose the money in it and the people are still gonna eventually take their money out and put it in a better system. That's just been proven all throughout, human history. And when I say to you guys, Bitcoin MYK is just a better project, you know, than all of you guys' projects, that everything you're doing— and that goes for Zen as well, unfortunately. But it doesn't have to be a competition because Bitcoin MYK, as you can see, Jack Lemons talking about creating development tools where many of these projects can just run using, incorporating Zen cryptocurrency. And we don't care. But what we would say is that Uh, you still are getting an advantage being in BitcoinNYK now because remember, you're going to be able to transfer the cryptocurrency to other blockchains as you could do now with many others, right? So by waiting to use it, even if you're waiting on like, say, XEN to develop the technology to use BitcoinNYK, you're still kind of putting yourself behind. You could be earning the BitcoinNYK now and you'll be able to transfer it later. Still same thing. And you can get all the advantages of it today and still have the advantage of it tomorrow. So like I said, we've thought about everything with this project. That's why it's so great. That's why I get so excited about it, because what I see is I see this as inevitable, gonna be the best cryptocurrency. Uh, it's not hopium, it's just common sense, and it's just, um, you know, it's just, it's just, uh, the mechanics of it, right? These are psychologically just things people are going to identify better with. And, uh, right, it is— I can't think of other cryptocurrency projects that are on the same fairness level and the same level interface-wise and easy to use as this project, right? To get you that quickly in the cryptocurrency, you already know what you're doing, you don't feel dumb or stupid, you're already using it to earn it. How you saw how quickly I earned that BitcoinMYK tokens in a minute, right? So if this thing ever got close to Bitcoin, if it ever got $1,000, it's very possible because remember, it's only going to be 5 million coins in the end. So these things ever got to be $1,000 each, they ever got to be $20,000 or $30,000 each, right? That would mean I would have earned now about $150,000 in a minute, all because I got the BitcoinMYK today. Now remember, Later on, right, the rewards are going to start reducing. So you're never going to be able to achieve it today, uh, like you will tomorrow. And that's what you have to keep in mind. I think that's what these videos are warning about. So we have referral links. Get in, tell all your friends about it so that they will be able to one day in the future celebrate like you all. And, uh, that's what we got, guys. Uh, you know, people are saying this, this or that. But we kind of got Zen's back. We're going to run with Zen and we're going to run on Zen. And some people might say, well, I'll just stay in Zen and, uh, let the price of Zen prop up. And you know, that's not a bad approach, but I think you probably do as well to have Zen and Bitcoin and YK within the Zen ecosystem because Bitcoin and YK is just set in a way to be a very highly valuable cryptocurrency. It's just composed different, as you'll see if you subscribe to the channel and review the content a little bit. And this isn't something you have to devote a lot of time to. As quickly as I earned those tokens, this is something you can get the entire grasp of if you could commit to about 20 minutes, 20 to 30 minutes, uh, in reviewing BitcoinMYK content, right? Uh, in about 20 to 30 minutes of your time, and, and I believe it's going to be very beneficial to do that. Unlike these other cryptocurrencies where we don't know where to get it, which ones to get in, why are they different, others that all seem like the same thing. With this project, you can see this is different. You can see this project is something. It's not just like minting through a contract or something. People, you're actually engaging with other people and earn the cryptocurrency. So that just puts it far out of league of most cryptocurrencies. But that's all I want to say in this Uh, don't forget to like, subscribe to the channel. Subscriptions are very important. Remember what that does, guys, when you subscribe, when you like the video. A lot of people view but they don't hit the like button. Have to hit your bell notification at the top. Remember, the more people see the video, the more they know about the project, the more some people might want to try it, and that's going to drive up the value of the project as a whole, right? So that's why you want to do that as well. But that's all I think I want to say in this video. Remember, be BitcoinMYK.com is the platform you get started today. Make sure you do. And as always, take care of yourselves and each udder.
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