What's going on Traders my name is Paul welcome back to the channel and a brand new update where for the first time here on our Channel we're going to be reviewing a very popular decentralized crypto wallet known as vintalk now this isn't anything new that was justRecently released in the past few weeks or months in fact fintok has been around since July of 2022. so at the time recording this video it's been nearly a year and since then has been blown up in popularity with over 40 million active wallet users now their popularity comesAt no surprise due to the fact that they've been debuted on various websites of blogs such as MarketWatch Yahoo finance and even on the finance feed in addition this decentralized wallet has also been verified and audited by SAR Tech themselves and currently in the process of their second audit butProbably the most important and main contributing factor why this fintoc program is so excitingly popular is the fact that they provide a decentralized wallet that offers lending aspects which allows users to earn a one percent per day in Daily passive income allowing members to potentially double theirCapital in 63 dates and this is where things get really exciting so in this video we're going to briefly go over what fintalk is all about how it works how its system operates in terms of delivering daily passive rewards for its users as well as the risks that areInvolved as well and we'll also cover that after everything I learned about fintoc why I decided to personally invest ten thousand dollars of my own money so that's it folks without further Ado let's get to it all right everybody let's get started with the video and you know like I saidWe're gonna be going over some important details and highlights of Finn talk so I do encourage you to watch this video to the end if you have any questions or need help drop a comment down below but you can also email me directly which isAlways best as I do check my emails on a daily basis I will leave my contact information Down Below in the video description so be careful of the scammers and imposters that spam the comment section if you need to reach me my contact information is in the videoDescription I'll also leave access to my own telegram chat specifically for FID talk where I'll be sharing additional updates on a daily and weekly basis if you like what you see with everything that we're going to be covered in today's video and you want to learn moreOr become a member I do invite you to check out my info page which will grant you access to a full webinar where you're going to learn everything that you need about fintop in addition you'll also have access to helpful tutorials that will guide you step by step on howTo register and set up your wallet very simple guys so again you can access all of this information Down Below in the video description so what is fintan well in essence fintalk is a decentralized crypto wallet very similar to how we are familiar with other decentralized wallets like trust wallet Exodus CleaverAtomic and various others however the difference is that fintok also provides users with loans and lending Services through decentralized platforms now before we get into the juicy stuff I want to take a couple steps back and cover and clarify what D5 really is because there are a lot of services outThere that throw around the world D5 to make themselves look good but nine times out of 10 a lot of those services are simply not truly decentralized and so it's important that we understand what D5 is so that way we can see that what we're talking about here in the case ofFintan is potentially a truly decentralized platform unlike Eddie that we've seen before this is an article from The New York Times D5 is short for decentralized finance it's an umbrella term for the part of the crypto universe that is geared towards building a new internet native Financial system using blockchains to replace traditionalIntermediaries and Trust mechanisms so what are traditional mediaries and Trust mechanisms well this is in relation to your traditional banking system when you go to a bank or log in into online banking to send or receive money in the traditional Financial system you need intermediaries like Banks or stockExchanges in order to feel comfortable doing the transaction all parties need to trust that those intermediaries will act fairly and honestly Now ladies and gentlemen as many of you know with everything that's been going on lately has definitely caused a lot of people to lose trust in our traditional Banks andTo be honest folks it's no surprise because if you're in the crypto space you've known for a while exactly how flawed the bacon system is and now with everything that's been going on the flaws of our banking system are to finally being exposed but in D5 those middlemen or intermediaries are replacedBy software instead of transacting through banks and stock exchanges people trade directly within one another with blockchain based smart contracts doing the work of making markets settling trades and ensuring that the entire process is fair and trustworthy now I also want to pull out this article from corn Telegraph in regards to defaultBetter faster cheaper how D5 will kill the retail bank and they classify D5 as an irresistible opportunity decentralized Finance has flipped the model on its head delivering a new world of financial products built using smart contracts that allow consumers to switch between providers in a matter of secondsAll at the click of a mouse it's not that the D5 model is just better it's simply fundamentally different in the old world of retail banking we had to trust the people that ran the banks and again folks with everything that's going on that trust has greatly diminishedThis trust is expensive exactly in the new world of decentralized Finance we trust the code that provides our financial services all right so the key element of D5 is that decentralized Finance allows you more control or I should say full control over your finances over your money when your moneyIs in an exchange or in a bank those are centralized platforms that are controlled by other parties A system that we were indoctrinated to quote-unquote trust but the sad part is is that when your money or your crypto are in these centralized platforms it's not really your money it's not really aCrypto but in the decentralized space this offers you full autonomy and governance over your funds as the saying goes if it's not your keys it's not your crypto so decentralized Finance or D5 for short provides you those keys to have full ownership so let's go back toFintoc what is fintalk in simplest terms fintok is a decentralized wallet and just like trust wallet and all these other wallets when you open up your fintalk wallet you are provided with a seed phrase and that is your key to your crypto which grants you full autonomy ownership and control over your cryptoAnd just like the other familiar decentralized wallets can support different networks fintok supports various blockchains such as the binance smart chain the ethereum network and Tron Network now here's an article from binance feed provided and published by coin see you who's a famous publisher within the community where they publishThe top 5 crypto projects with highest out of trust score currently this was published in February of 2023 and as you scroll down below you'll see the five projects that they discuss based on their audit scores first one is crypto Unity calamaro Network fintalk core Dao and feature X Network now specificallyFor fintalk which is our main focus today in this article they state that fintok is a diversified Financial Service platform that provides users with loans in London it's developed hybrid security technology incorporates a number of sophisticated Technologies such as multiple signatures and zero knowledge proof which can achieve true decentralized is supervision andAutomatic stop loss when clearing conditions are met to ensure that users funds are free from any risk or loss that is a pretty bold statement to make which we will get into later on in this video but they continue to say the security audit gave the blockchain based Financial Service platform an overallScore of 87 which is pretty high the auto procedure which found no obvious flaws in the project also came to the conclusion that the ecosystem is fairly decentralized so going back to what fintalk is they are classified as a decentralized wallet however unlike other wallets that we're familiar withLike trust wallet Cleaver Atomic or Exodus fintok provide a lending and borrowing aspect and this ladies and gentlemen is where we are able to earn our one percent per day in Daily passive income now this might look a little confusing at first but I'm going to tryTo break this down as simple as possible that way you can understand how we are earning our one percent per day just like in the traditional bacon system there are millions of people every day taking out loans there are millions of people in a decentralized space that areTaking out crypto loans so a borrower is going to take out crypto loan but when they do that the borrower has to upfront fifty percent of that loan now the borrower is gonna pay back that loan with interest now that interest is going to be broken up to the provide to theLiquidity provider and a portion of that interest being paid is going to be rewarded to us this is us over here the lender slash investor so in fintoc you and I are buying liquidity into the smart contract loans people take out the loans they pay back at a higher interestRate and portions of that interest are rewarded back to us because we are the ones providing liquidity now how are these people barring crypto well fintock actually lends to some of the top leading decentralized lending platforms that many of you are familiar with such as Sun swap pancake Swap and uniswapWhen you go to their site fintog has a wide variety of different nodes that are put in place to verify transactions these nodes sign and verify these transactions between the lender and the borrower it pairs the two together and binds them into a smart tracked and because of that smart contractTechnology the borrower is able to take out his crypto loan they pay back the loan with interest and we the lenders providing liquidity into fintog are rewarded with the one percent daily passive income now like I said earlier in the video with this system that fintoc provides we have the potential ofDoubling our money in 63 days so here's a chart that I wanted to provide to give you a bit of a visual illustration to help you understand what your returns could potentially look like depending on which level you enter at now the minimum requirement to get started with fintopIs a hundred dollars so if you came in at the minimum 100 you'd earn one percent a day which is a dollar and one month you'd earn 36 dollars and the way that their system operates where you can compound your earnings every seven days by your second month you will haveEarned about a hundred percent of what you put in which is a hundred dollars in this example by six months your 100 has turned to 800 and in a year's time you're now looking at over sixty four hundred dollars in total profit now sixty four hundred dollars in a year mayNot seem that exciting but the fact that we're able to turn a 64x return from a measly 100 investment is pretty significant so when we take that into consideration what would that look like if we came in at a higher amount if you came in at a thousand dollars at onePercent you'd earn an average of ten dollars per day in one month you'll earn around 360 dollars and in two months time you will now have made a hundred percent of your investment so the fact that we're able to make a hundred percent of what we put in in a matter of60 days allows us to mitigate our risks at a much faster rate at six months our one thousand dollars could potentially turn into eight thousand and in one year's time we're looking at around sixty four thousand dollars so there's no limit to the amount that you couldStart with as I mentioned before folks I put in 10 000 of my own money into this because at ten thousand you're earning about a hundred dollars per day three thousand six hundred dollars in your first month and a hundred percent of your investment is made in two months atThe six month Mark here at eighty thousand and in one year's time you're over half a million dollars now this chart can be found on my info page down below on the video description but again this is just to give you an illustration of what your potential returns couldLook like depending on what levels you come in now before we get into the points that I've really liked about fintoca what drove me to decide to invest ten thousand dollars for my own money into the system I want to just quickly go over the risks that areInvolves regardless if it's crypto D5 or any other formative investment understand that there are always risks involved in any investment or any opportunity where you are putting something in in efforts to potentially gain something back and while I consider fintock to potentially be one of the truer decentralized Platforms inComparison to others that we've seen in the past that doesn't mean that we are 100 safe because at the end of The Daily no investment or business opportunity is ever 100 so with that said folks as much as it's exciting to dream about the earnings that you can potentially makeIt is more important that we pay attention to what could be lost with any investment you can always lose a hundred percent of whatever you put in so make sure that if this is something you want to participate in that you only invest where you can afford but having saidThat the point that I like about fintalk greatly outweighed the risks that are involved as well first and foremost fintok has been audited by certek they've received a very high score and they are currently in the process of their second audit fintok is decentralized with most platforms youHave to create an account where you have a login page and you have a password and a username those are all referred to as centralized platforms where yes you might have your own login information but you never have full control over that account because it is governed by aDifferent entity but here within talk as you'll see in the registration tutorial video that I've created this is a fully decentralized wallet where instead of a login you actually have your own seed phrase which is referred to as your keys and again if it's not your crease it'sNot your crypto here you are given the keys to your crypto and to your wallet which gives you full control over your wallet and your funds and because of that you have access to your profits every single day remember we are earning one percent per day which we have accessTo at any time and because of this decentralized environment we also have access to our capital and given the fact that we're able to potentially double our investment in a matter of 60 days alongside with access to our capital and our daily profits this allows us toMitigate our risk at a much faster rate and on top of all of these factors they've also earned some pretty impressive publicity here in this article of MarketWatch fintock wins top three web 3 Technology Innovation award at the world web 3 Summit this Summit attracted governmental officials industry leaders from all around theWorld including Tron Hue Chinese University of Hong Kong okx which is one of the biggest crypto exchanges in that sector of the world and fintop fintoc actually has events where you can actually attend and meet the teams behind them this is very different in comparison to other platforms that haveCreated you know fake and photoshopped pictures of people wearing their brand names but you never actually get to see or meet the people behind those images but on the other hand fintalk has already hosted a wide variety of different shows and venue across the world and they're actually inPreparation of their Dubai event which members can attend which will take place in a couple of weeks fintuck also has a fair and sustainable reward system if anyone chooses to refer people to joint fintop with their link now this is completely optional you don't have to refer or share this opportunity withAnyone but if you do it is a pretty neat Compensation Plan now I'm not going to go over the full details about the compensation plan but if you want to learn more about that that is discussed in more finite details in the full webinar in my info page below so withThat said folks with everything that fintalk represents they definitely provide a different classification of passive income that is unlike other platforms we have seen before providing you a fully and truly decentralized platform which you and you alone have full autonomy and control over while at the same time you're able to double yourCapital within a short period of time alongside with the ability for you to mitigate your risk access to your capital and profits on a daily and weekly basis this is why not only I decided to invest in this platform but why over 40 000 other people haveDecided to as well so ladies and gentlemen that is my update for today that is my intro to fintok I'm really excited to see where this journey will take us I'm not blind to the fact that even though this sounds really really exciting there are risks involved so IWant people to understand that as well only investment you can afford but the way I see it I invest in the possibility of what could potentially happen with a certain amount of money that I'm willing to invest I will keep you guys updated with my Progressive journey withinFintalk so make sure that you subscribe to the channel and if you enjoyed today's video be sure to smash the like button as we appreciate and love your support again if you have any questions reach out anytime you can find out all my contact information down belowIncluding my info page if you want to learn more and sign up and I want to thank each and every single one of you for taking the time to watch this video I really appreciate each and every single one of you and I look forward toSeeing you on the inside take care see you on the next one
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