Welcome to BitBoy Crypto!
My name is Ben.
Big shout-out to my daughter.
She won her championship in tennis today.
So congratulations to Zoe.
Look. Here's the thing, guys.
I want to do a quick update about BEN Coin.
And I want to talk about this Dubai event a little bit that we're going to be throwing over in Dubai.
It's really exciting.
So let's start off by talking about--
let's start off by talking about DUBAI Coin
and we're going to move into talking about BEN Coin.
So DUBAI Coin--
if you want to join the official Telegram,
I'll put the link down below so you guys can do that.
If you're interested in DUBAI Coin, in the sale, whatever,
you can check out the Telegram group.
That's where it is.
But what I want to talk about mainly is my involvement with this
and what this means for BEN Coin.
So No. 1,
this is going to be a huge yacht party in Dubai.
I'm the host.
And so it's super exciting.
The coin is going to be--
now, I'm not involved in the coin per se.
Or at all.
But it's going to be like a Dubai events' VIP coin, basically, is what it's going to be.
So,
there's--
if you go and look on Telegram, there's a lot of stuff about it.
But that's--
I'm not any part of designing it.
But what I can do is I can tell you that out of that sale,
which is going on right now,
2.5% of all the funds are going to go to buy BEN Coin on the open market
and airdrop it to DUBAI Coin holders.
We're also--
there will also be 2.5% that's going to get airdropped over to--
or not airdropped,
but 2.5% of the sale is getting donated to BEN Coin for our treasury.
So that's another, you know, pretty exciting thing.
So what we decided to do also in addition to this is an extra $50,000 of DUBAI Coin,
we are going to be airdropping to BEN Coin holders
who have over 100 billion BEN Coin.
So that's a requirement.
We're going to do a snapshot later tonight.
And I think I'm also going to do something.
I'm going to do something. I don't know.
I'm going to airdrop something to all BEN Coin and DUBAI holders.
Now, here's the stipulation here.
If--
we're going to take a snapshot.
If you sell your BEN Coin within 48 hours of buying DUBAI Coin,
then you're not going to get airdropped.
You have to actually not sell.
It's like we don't want you to sell BEN Coin to go buy DUBAI Coin.
That doesn't make sense.
What we want is people to be involved in that because they're excited about coming to the event
that's going to be in Dubai that I will be hosting, so.
But the reality of the situation is that
I don't want people selling BEN Coin to go buy DUBAI Coin.
It doesn't make any sense.
So we're going to do an additional airdrop to BEN Coin and DUBAI Coin holders.
So I think the minimum to buy for DUBAI, to just put it in perspective for people,
is like 0.35 ETH.
Maybe he changed it to 0.2.
I'm not 100% sure.
This is the guy we met over in Dubai we love.
His name's Wolfy.
He's an awesome dude.
He's one of the guys that's the--
where we go to Elite Cars,
and they can now accept BEN Coin at Elite Cars for a Ferrari.
And that's right, right now, that sounds kind of lame,
but in the bull run, that's not going to be lame,
and people are going to want to do it.
So really excited about that.
But I think that--
so there you go.
If you hold over 100 billion BEN by tonight,
you're going to get airdropped DUBAI Coin.
If you hold--
if you're a DUBAI Coin holder and a BEN Coin holder,
we're going to airdrop you some BEN Coin.
So there you go.
Now, let's move to talking about BEN Coin and what's going on with it.
So we've had people who are--
you know, our price has been pumping in the last couple days.
I mean, I'm not supposed to talk about price,
but anybody can look at the charts and see that's what's been going on.
We have a market maker in place.
So I think that's helping dramatically.
We've got several big buys still on, you know, getting ready to come in here.
And I think that,
you know, we made a decision.
We got some community input from it.
And then it just became clear this is what we have to do.
So we have to do a V2 smart contract for BEN Coin.
I announced this in our Telegram group a few weeks back,
which, by the way, I'll put the links to the BEN Coin Telegram group
and the DUBAI Coin Telegram group down below in the description.
So make sure to check those out.
But the point is, is that we have to do a V2 contract. Why?
Well, you know, we did a CertiK smart contract audit,
and it's showing the ownership of the previous owner has not been renounced.
Well, that can be a lot of FUD.
A lot of FUD when people see that.
Because they don't trust the guy who started it.
Right?
For good reason.
And so when they see that, they're going to be worried.
Well, it's a simple explanation,
which is the fact that
the contract was so simple.
It never needed an ownership function.
It was so simple.
It was never announced
because there was never an ownership function of the smart contract.
It was basically produced.
Boom! That's it.
So---
but every time somebody looks at that smart contract is going to say
ownership not renounced.
And that's going to be a lot of FUD, like I said before.
So that's kind of the straw that broke the camel's back.
We've got to move on from the previous ownership of the coin completely and 100%.
And a good way for us to do that is do a V2 smart contract.
So Cassie and I have been working on, like, several--
Cassie, the COO of BEN Coin.
We've been working on several different structures for how to do this V2.
We can't tell you guys exactly what it's going to be like until we get ready to actually launch it,
but I can tell you the tokenomics are phenomenal.
We've found a way to basically play with the tokenomics.
I don't want to call the coin dump-proof because it's certainly not dump-proof.
Like, you know, you can always tear through cell walls.
But we've came up with something pretty smart.
It's going to help us fund our initiatives
and also prevent people from selling BEN Coin.
We got a few things in place that are really, really going to help out the long-term holder.
So really excited about that.
So we're also working on a platform.
The platform's good.
No one has ever done what we're doing, and it's already built.
So super excited about that.
We've got several things in the works for V2.
Guys, we're probably going to decrease the token supply.
Some people have been, you know.
And, of course, you've got to remember this.
If we decrease the token supply,
let's say we decrease it by 90%,
we go from, like, 400 trillion coins all the way down to, you know, 12 trillion or something,
it's probably not what we're going to do,
but if we drop the supply 90%,
that doesn't affect you at all.
The amount of your holdings will remain the same.
Because, right now, where you have, let's say you have 1% of BEN Coin,
well, guess what?
After we reduce the supply, you're still going to hold 1%.
And in reality,
the way supply and demand works is it shouldn't make your tokens--
it's not why we're doing it,
but, theoretically, it should make your tokens more valuable
because we have a decreased supply.
So your tokens are automatically going to go up in value
by whatever percentage we cut the supply by,
but you're still going to own the same percentage,
and there's going to be less circulating, so you can do the math there.
So let me tell you guys the number.
We've been--
me and Cassie have been going back and forth on this
because Cassie feels like it's good to keep, like, a really, really high number.
I don't think so.
You know, if you look at the last bull run,
the last bull run was marked by low supplies, right?
Everybody loved-- or excuse me.
That's not true.
You had some low supplies like Yearn Finance,
but the last bull run was marked by high supplies.
It's the dawn of SHIB.
You're looking at Dogecoin.
You're looking at all these coins that have so many zeros before them.
They can never get to a penny or never get to a dollar.
But if you go back to 2017 bull run,
all the rage was the low supply.
People were killing XRP for having 100 billion supply.
And, you know, it worked out okay since they won the case.
Hahaha!
But in reality,
I kind of think--
I'm projecting into the next bull run,
and I'm thinking it's going to be a combination.
Because no bull run is the same.
So I think that in the last one,
people got really burnt by the memecoins with a high, high amounts,
and so for us,
I think having some where it's achievable to get to a penny,
like with a 20X or something,
would be beneficial.
Because if it's a few pennies, then it's still going to be good.
I mean, look at Dogecoin at seven pennies.
It freaking shot through the roof.
So I think that's what we're looking at.
I personally will give you guys my number.
And I want to get your input.
I think we'll reduce the supply from 420.69 trillion,
going to get rid of that crap,
down to 100 billion.
We go to 100 billion,
that means that I think it would be like a 20X ticket to a penny
or somewhere like that.
So somebody can work the math and let me know.
But I want to get your thoughts on that.
I want to tell you guys about what's going on with the V2.
We're super excited about it.
It's going to be awesome.
People are not suspecting what we're going to do with this.
You know, we talked to a developer yesterday.
We had a call with a developer.
And, you know, this guy was telling us--
we like this guy a lot.
He's really cool.
And he said, "You know what?"
"You never really know how people are until you get behind the scenes with them."
And when he had a conversation with Cassie last week,
and she filled him in on all of the stuff we're doing,
he was like,
"Oh, you really do care.
You really do care.
You're not just somebody out here talking."
I said, "No."
Like, "I genuinely care about BEN Coin.
I care about the space.
I care about crypto.
I care about crypto advocacy."
So, for all those reasons,
you know, like when you get behind the scenes with me,
you find that's what I really, really, really care about.
And so it was really cool for him to give his perspective on why we're going to be successful.
And with all the--
he was like, "When I saw how much work you guys are doing and putting into this,
it's--"
it's not like other coins, guys.
I'm telling you. You're going to find out.
With BEN Coin, we have created a masterful plan.
And we are so excited about it.
Can't wait to debut it.
You guys check out the Telegram group for BEN Coin
and also Telegram group for DUBAI Coin if you're interested in that.
I'll see you there.
Habeebi, come to Dubai.
I will.
That's all I got.
Be blessed.
BitBoy out.