 Welcome to Jalassette News, the top stories in cryptocurrency and Jalassette's and breaking down to bite-sized pieces. Tonight, we've already done the news as far as it was. It is Monday, February 22nd. It is almost 6 p.m. El Paso, Texas time. Now, we already know that the market took a little bit of a dip, and we talked about it today about how it really doesn't matter because in the long run, it'll always bounce back, not always, but for the most part it'll bounce back. And you just have to remember that these things happen. In cryptocurrency and Jalassette's, in the crypto market in general, 10%, not a big deal, 20%, something, 30%, 40%, now I'm listing all that stuff. It's just how it is. This isn't the traditional market. You only lose if you sell and you just get petrified about what's going on. But just remember, when in doubt, zoom out, take a look at the charts, see how many of these massive dips have we've already taken, 40%, 50%, 60%, and you know, over time it usually rebounds. And that's exactly what is happening today. So don't get too concerned about it. It's just, it is what it is, and just write it out, just write it on the storm. Don't sell if you can. Not a financial advice. I don't usually, I don't sell. And that's what it is. But today or tonight, I want to talk to you about the Voyager loyalty program and what is going on with that. And as far as like, what I think is most exciting, which is the 7% yield for interest. And just as a quick reminder, as we can take a look at the actual, what happened today, we had Bitcoin, I mean, almost about 59,000. Then it went down to 49,000, lost about 10,000. And here we are. And then Ethereum took a big hit. They were at like almost, they were at 2000 because I sold some Ethereum. And then it then, you know, Binance coin and everything else. And we see here, there's, I mean, as far as like the 24 hour change, we're pretty massive, except for XRP. XRP is up for 3%. What are you going to do? Hey, that is what it is. XRP Army, congratulations. All the good stuff. Lite coins down, Bitcoin cash down, down, down. So of course, crypto.com is up because they have that massive 70 billion coin burn that's going to go on. Good for them. And then they're going to have a mainnet launch in March 31st. So just remember that usually, all the time, but usually a lot of people will buy into that. And then right before the mainnet launch, they'll pull the rug and they'll take all their money out. So it's a dangerous play. And that's not my do. And I don't recommend it, but it is out there for you. So that's what's going on in the market. But let's take a look here. Let's see if we can find Voyager. And it shouldn't be somewhere, hey, look at that. It's 49th. Hey, hit the top 50. I remember when I talked about Voyager the very first time was on January 7th, my price prediction point. And it was a 29 cents. I said, it's going to 30 bucks. People are like, you're insane. And they're half right. But I mean, in all honesty, it did do pretty well. Now it's in the top 50. So that's pretty great, huh? So $6, whoops, hold on me. Sorry, you can't see it. There it is, Voyager token. It's number 49. But it took a hit like everything else, but still bullish on the sentiment. So let's take a look at exactly just what I'm actually talking about here as far as the loyalty program and why I believe that 30 bucks is like beyond conservative type of numbers. So let's say take a peek here. So first up, this was a tweet that was put out. I thought it was pretty interesting. Let me blow this up so you can actually see what I'm talking about. Ah, here we go. So it was a tweet that just talked about, hey, look, when this new loyalty program comes about, we're going to see 7% yield. And that's 7% yield across the board. It doesn't matter if you have 5,000 Voyager tokens or 10,000, 20,000, you're going to get 7% as long as you hold one Voyager token, you know, a minimum. And this person just said, hey, just it's pretty good, right? 7%. If you take X times Y or X is the amount of coins times Y the current price. And you also multiply that by 7% divided by 12. That is how much you get per month. And then when I say like this, I'm like, you know, these numbers are pretty staggering because if you take a look at if the Voyager token goes up to $20, I mean, you're looking at well, and if you have 25,000 tokens, which is pretty tough. Let me tell you right now, but you get $3,000 per month every single month as long as it goes 20 bucks and stays around there. It goes 25, I mean, 36, 45, 50 bucks, 77,000, 75 bucks, 10,000, that's a lot of money. So, yeah, this person also put down 5,000 tokens. Let me see if I can see right here. And they said, look, 5,000 tokens at 20 bucks, you get 500 bucks, almost 600 bucks a month at $25, 729 at 50 bucks, 1458. I think it's be somewhere around there. So it just got me to thinking about, okay, what, first of all, it got me to think about what could potentially be and really what we have to do is look at why is that going to happen. I've talked about this in the past about why Voyager is going to $30. And we take a look at Metcast law and the network effect and the more usually you have the more revenue or value goes up, however you want to quantify that if you want to call it revenue. Sure, that sounds good. Worked pretty well for PayPal. We talked all about that in the video link at the very end. But what is the catalyst for that? What is going to transform this is the loyalty program. And we don't know, we can't know where we're going, where we're going, unless we know where we've been. And to do that, we didn't take a look at what the old loyalty program actually was. And this is what it was. And I'm going to go over this. I'm going to take a look at the old one to the new one and we'll compare it right away. So first up, they had level up rewards. And the biggest complaint was this is very weak. It is a weak level up reward because this was a long, this was, this was, I mean, you know, five, six months ago when I got in, this was around. And the token was like a dime or something like that. So you had 25 Voyager, that's nothing means nothing. So what's the point of holding on to Voyager if you only need 100, 100 VJX, who cares, you know, it's, it's not going to really incentivize too many people to hold a ton. And you want people to hold a lot of the tokens because where people that hold, the more they're scarcity, when the price goes up, we know the whole drill, right? So that's good. So if you only have 100, that's really nothing. So what they did, they said, okay, okay, well, here's what we're going to do as far as the tears. What we're going to do is, and I'll have to explain right down here under the eligibility on this very last part here, eligibility, big rock, it says VJX hold quantity. For the first level, it's 500 VJX tokens, 500 bucks, 500 Voyager tokens, that's how much you need. Second level navigator, 5,000. And the third, the highest here is 20,000. Now, that is a lot. And it wasn't a lot. It was still was a lot actually, even at 29 cents. It was a good amount of money. But now at almost $7, it's like $140,000, right? Hold on. Yeah, about that. So 140,000 bucks to get into the highest here, right now, that's pretty crazy, right? And then, you know, 5,000, you're looking at $35,000 and so on and so forth. So that is pretty hard to get. But it is one of those things to strive for and drive for. And that's the whole thing of like, you know, putting it up for interest and then kind of like having the whole flywheel. In fact, like what Celcius always talks about. So that is that first part. Next part, the cash back rewards. And you see here, like under Explorer Navigator and Voyager, you got one basis points or one and a half BPS, BIPs, basis points, three basis points, four and a half basis points. These are only fractions of a percent. You know, it's not way that much. You know, you have to really do a ton of trading until you get anything back. So BIPs, basis points, not really that big of a deal. However, we take a look at cashback on trades. Now we're looking at 1x, 2x and 3x. So first of all, Voyager is a broker. So they're going to go through all the different exchanges. They're kind of like hotels.com of crypto, right? Like, do you want to stay at the double tree in Palm Beach, Florida? Well, that's cool. But there's some other different hotels around here that might be way cheaper and just as good at hotels.com. I am not sponsored by hotels.com. But if you take a look at Voyager, the same type of thing, like you think the fees on Coinbase suck? Well, we've got some other ones here that you could take. You could really dig into. I'm not saying that Voyager is a part of Coinbase. I have no idea who they go through. I think it actually is. But I'm sure there's a bunch of different ones. And they just look at a multitude of different exchanges, and they give you the best rate. And then from there, for all the trades that you do, you get 1x, 2x and 3x, or a percentage of what is going on. So when you take a look at trades, this kind of incentivizes you to do a little more trading. And we will take that. Next part here is cashback on debit cards. Well, let me back up. The cashback on trades, I want to make sure you know. So let's say that you saved, I have no idea. Let's say you saved $3 on one trade, right? So on that one trade, you save $3 by using Voyager as dictated by whatever the price was in the spread, and they made some money, you made some money, everybody's good. So you get $3 back. And the 2x, it'd be $6, and then $9. I'm not saying that's exactly what it is, but I'm just saying that is how it's not a percentage of a percentage, like in bips, it is like 1x, 2x, 3x. Okay. So cashback on debit cards. This is pretty good. Before, I don't know if they even have that. Now they just had debit card fees, which was $5 a month or $50 a year, which kind of sucks to get a debit card, I think. Then free and free are the two levels for the new one. You're looking at just free across the board. Okay. I'm sorry. Free across the board plus cashback on debit cards 0.1, 0.2, 0.3. That's great. So save more money. Great. And then referral bonus, $10.20 and $30. On the new one, it's going to be $30, $35 and $40. That's pretty darn good. And then also send to a friend. It's the same type of thing, $30, $35, $40. See, in my business, I will tell you like this, it's all referrals. I mean, if you can get into the referral epicenter or sweet spot, you're going to make a lot of money because really who do you trust more? Do you trust an ad on Google or Facebook? Or do you trust your friend Joe down the streets like, hey man, you've got to get this, whatever, whatever. It's really awesome. I'll try that out, Joe. That's how you get things to work, referrals. So I mean, they should pay a premium because that's where really it all comes from. All right. And then withdraw fee savings. So of course, you can withdraw anything, man, 10%, 20%, 30%, that's pretty good. Back in the day. And then same thing over here. Okay, I'll see that. Interest booster, 0.51 and 1.25. Interest booster, 0.51 and 1.5. So it's actually a little bit better beforehand. So that's a negative, but hey, for all the positives, I'll take it. And then desktop, they're going to get an actual desktop app. Instead of our mobile one, you can just trade away in your desktop. Great. That'll be free for everybody. Fantastic. And that is what's going on. So for the loyalty program, when you take a look at this, you're like, okay, what other exchanges do this? Binance does this. I mean, let's be honest, Binance does this new really well. And that's why BMW coin went through the roof. Also, it went through the roof because they're doing a lot of different things with their Binance chain, which they're able to do swaps just like on Uniswap. So like with this, this is what I actually asked Steve, or like the CEO, during one of the shows for Alex Masculi. I said, actually, Alex asked him, I said, hey, are you going to be doing this? Are you going to be able to do swaps? And Steve was like, no. He's like, we'll look into it, but it's very difficult as far as tax reasons and things like that. Okay. So we have that. But just so you know, on top of all these things that it's doing, if you take a look here, because this is the biggest question I get, where is it? On the desktop app. So first of all, they're going to be a token burn in effort to help reduce the circulating spike tokens. Voyager will introduce a 25% token burn and all BGX used to pay for withdrawal fees on the Voyager app from Voyager loyalty program members. All right. Wish they would do some more burning. Sure. And then let's see, there's going to be a swap, which is going to happen, I believe in next 30 to 60 days. That'll be big. LGO to VGX. And then community governments, everybody's going to be able to vote on it. That's not it though. Where the heck did it go? Oh, here it is. First one, missed it. Loyalty program, VGX interest. All VGX tokens held on Voyager will automatically earn 7% annual interest yield for the first year. After the first year, the community will be able to vote on future interest yield VGX tokens holders without Voyager accounts will be able to stake their tokens via a web portal that connects to MetaMass. That's pretty cool. So on all these things when people are like, ah, man, that sucks. I got to get 500 Voyager tokens, which I mean, it's like 3,500 bucks today. So I know it's going to be later on, but no, that's the case. You just have to have one Voyager token and you will be able to gain that 7% yield. So on top of that, there was one more thing about this loyalty program, which again, I believe utility, Pat Ackerman talks about this all the time. Utility drives the actual token. So first you have to ask yourself, what does your utility do? What is its function? And is it actually being used for that function? But right now, the Voyager token is doing that right back here, but it's going to be doing it even better so over here. And then on top of that, the one question I got into Steve, well, I actually had a couple of questions. I said, Steve, I go, what's also is going down the pipe, you know, as far as like, you know, new things. He said, well, there's one thing that we want to do, which is we want to be able to allow all Voyager astronauts. That's just my, my phrase, all Voyager astronauts to be able to pay each other and have no fees. And I was like, well, how does that work? Because your withdrawal fees right now are kind of high. Now, like Ada used to be 20 and he dropped down to spore, which I appreciate, but USDC and all those different things are still high. He's like, well, it's true, but you know, I understand that they're still on that, you know, ERC 20, they're all still ERC 20 tokens. We have to use the Ethereum network. And that's still expensive. He goes, that's not what we're talking about. He goes, we're not talking about doing this on chain. It'll all be off chain. So there'll be no fees. So if you are, if I want to send you USDC and you're a Voyager astronaut, you have your own app, Ignisense, and it's free. Or if you want to send it back to me or whatever else. So if you think about like what Venmo does, especially globally, and also the fact that Voyager is going to be moving into Europe and Q2 of this year, because they just purchased LGO. And on top of that, I've also been moving into Canada. These are exciting times. So we think about utility. That's pretty big, right? So when I took a look at all these things, like this is pretty great. But here's this, here's the sinker. On my Twitter account, I said, hey, can everybody help me out because I made this quick token calculator. It tells you how much you'll make per month, depending on how many tokens you hold, based on the price. And everybody went over there and they tested it out and said, yeah, it works pretty well. The thing is, is that everybody who's watching this right now, you will be able to use this token. And it'll be anonymous. No one knows who you are. But as we go through this, you're going to see some numbers change and it won't be me. Because this is on a spreadsheet, which I created. And you can only really do anything with these two boxes, which tell me the coins you have. So let's say here, let's say I have 10,000 coins, which is pretty good, right? 10,000 coins. And but let's say the price, well, the price right now is like six bucks, right? So per month, I'm going to get 350 bucks. So it's not bad, right? But let's just say it hits my prediction, which I think it's going to hit pretty simply at $30. And it's going to get 1750 bucks per month just for holding the wager. So I have this link in the description of this video. I don't know if I'm going to put in all of them. But just so you know that as you do this, like what was fun for me is that when everybody was doing these things, and this was only like 100 people that actually saw it on my Twitter and people retweeted or whatever else. So so you can just see like, like numbers are changing right now. It's pretty cool just to sit back and go, who's got what? And I can't tell what they are, because it's all anonymous, right? I mean, when you'll see like, who's here, anonymous dolphin, anonymous, anonymous hedgehog, doesn't matter. But you can sit back and like, I don't know who's got 38,000 tokens, that's pretty good. But look at that 38,000 tokens at 30 bucks. This person is making a good amount of money. So yeah, I'll let you just check that out. And the fun of the works, it's pretty simple. It's just the coins you have, how much you have times the price, whatever you want it to be. And then you times that by 7%, divide by 12, 12 months, and that's how much you get per month. So just look at these things. And remember, this is 30 bucks. What do we just see with Binance Coin? One to $300. I mean, OKX and Huobi Token, all those things that really don't do much that Voyager can do. They're in the teens already, and they don't do that much. So I think these are exciting times for Voyager. I know it's been a little bit long and it was a lot of things about Voyager, but I think it's so far, it's been one of my top performers in my portfolio. So that is it for tonight. So I want to say first of all, thanks for watching all the way through. If you liked that video, give it a thumbs up. It really helped out. Also, consider subscribing. A lot of things we talk about, especially at the news, is very time-sensitive. So it would behoove you to get that as fast as you can. Also, and finally, if you like these types of videos, I'm going to put two up, one's on your left, one's on your right, and I'll let you to do its magic, and that is it for tonight. So thanks for watching. I appreciate it, and I'll see you on the next one.