Canton Just Solved the Biggest Problem With Large Token Supplies?

[00:00:18]Welcome back all my freeth thinkers to another episode of the Grow Rich Grow Happy Crypto Show. That place where we follow the breadcrumbs to wealth. Guys, this is a great time to be in crypto.

[00:00:28]This is a great time to be in crypto and I'm going to share why. Now, if you notice exhibit A right here, I'm on the Canton uh token over on Coin Gecko and currently right now, guys, we're down, but we're down with a lot of cryptocurrencies, right? And we're currently at the number 21 spot. We floating. Could we hit 11 cent? I don't know. We hit 11 cent. I'm going to buy more. But I'm not just buying more because I love the project. I'm buying more because the project they're showing me and their investors why this token is going to increase with value. And at the end of the day, that's all we all want. We want to see how we can make money in our investment. So, that's what I'm going to show you today, guys. And this these are some major breadcrumbs. But first, do me a favor.

[00:01:19]Smash that like button. Give me a sub.

[00:01:21]Hit that bell notification so that you don't miss any of these videos. And share this video. But not only that, hype this video. More people need to be paying attention to the shift that's going on. So you you see here 12 cent and I want to come down here cuz you see what's happening. But you want to look here. We got a 39 uh billion token. How many they have? 39 billion.

[00:01:47]That's their circulating supply. And that's a lot of tokens, right? But as we've always told you, when it comes to this project, their usage case and their their their minting versus their burn equilibrium is going to balance everything out. But of course, you've heard that before. And you say, okay, it's based on usage case. Well, it's based on a little bit more than that. If Cantine gets their way, which I believe they are. And I'm going to jump over here and I'm going to show you something, guys. So, right here, and for those of you curious where I'm at, I'm over on cantonnews.org.

[00:02:25]I told you this is the site to go to for all things Canton, and it's put out by the Canton network. But Mr. Ruse, co-founder of uh digital asset Canton Network and all of that, he was in a spaces yesterday over on X. Make sure you follow me over on X at Mr. Foresight 64. follow my my researcher as well cuz he's always in these spaces. My researcher checking out all of this. Uh his information is down below as well at gold is in my veins. But you've all rules he says uh from the DTCC to corporate treasury. Yuvall rules outlines Canton's next phase. This is important. He says, "Digital asset co-founder and CEO Yvall rules discusses DTCC's first production activity." Now, those of you that's been paying attention, you know, the DTCC now are using the Canton network. And as I told you guys, even months back, I'm watching it to the end of the month. What is it going to do as far as the token price?

[00:03:34]Is it going to go up? Is it going to stabilize? What is going to happen? I know something is going to happen even if it takes until October. Preferably, I want to see something before then, but it's not going to stop me because the Canton network just released some plans that they have. Now, I hope you guys caught last episode on Hyperlquid as we was talking about their proposals and something called HIP 4. Make sure you catch that video. Well, for those of you that's just learning now about these proposals, these guys, Canton Network, theirs is called CIP Canton, their their Canton improvement proposal. Wait till you hear what kind of proposal they got.

[00:04:18]So anyway, he talks here Canton Mainet extensions network burn economics and a corporate treasury use case that could bring hundreds or thousands of businesses on chain. Of course, you want that because that's more use case. And again, that's going to equal more burns, which you want because it's going to get that that that in that token circulation down. And that's what we really want. We want to get these tokens out of here.

[00:04:43]So, I want to come over here because to date, guys, Kent Network burns 4.3 billion Canton coins since their launch.

[00:04:56]And we know these guys just launched, guys. what, November of last year. So, it hasn't even been a year. And they've burned 4.3 billion tokens. Now, mind you, a lot of the burns that we're really waiting on hasn't even started yet. And this is how much they've already burned. That's a big deal. This is what you want to see because this is what we need as crypto investors into something like this for that coin to appreciate. Now, this is this is just a smidgen of what I got to share.

[00:05:30]Continue. Canton network has burned 4.3 billion Canon coins since mid 2024 worth more than 500 million with daily burns accelerating and a CIP, there's that word again, draft expected in September that would extend burning to every synchronizer on the network.

[00:05:55]That is huge because right now we don't have that. Right now we don't have that.

[00:06:02]And not having this, we already seeing 4.3 billion Canon coins been burned since the launch. Guys, I'm telling you, I always get comments down below says, "Oh, Canton coin is not going to go up. Do some research into it. They have these mechanism where it can't increase in value." I'm tell you, you are incorrect. You are incorrect.

[00:06:27]And this not only is going to prove it, but what is coming up for next year is going to send this thing into overdrive.

[00:06:35]But not financial advice. Do your own research. I'm just giving you the tools, guys. Now, the reason I want to jump over here is because this is the big deal right now that's going around and I am all for this. Every Canton synchronizer will soon burn Canton coins and earn rewards. So, what's in it for them? The rewards. What's in it for us them getting those tokens out of there and that price going up. It says digital asset co-founder outlines plan to extend the burning for every Canton synchronizer. Digital asset co-founder and he's the co-founder here. I don't want to screw his name up. He has outlined plans to extend that um Canton burning, the Canton coin and validator rewards to all the synchronizers with the CIP draft due in September and the roll out targeted for the first half of 2027. So, we got a little ways off, but when you look over here and you jump over here and you look at this price right here, I'm patient when it comes to that because for one, they've shown us this is what we're proposing. this is what is coming. So that tells me that this has future value, but not just because of all of the things and all of the validators and you know, they got a lot of partnerships. You got a a bunch of people. Hell, you got the DTCC building on or sending their tokenized assets through them, but it's bigger than that.

[00:08:00]It's bigger than that. What they're outlining is a way for this token supply to diminish. And that's what you want as an investor. This is just investing 101 into crypto. Now, I want to jump over here because this is what I want you guys to check out. Uh the researcher, my researcher, Joe Razzo, he has put this out. He put this out the same day that he put out actually he just put out the uh Hyperlquid um video or his he just put out that last article he was just talking about with Hyperlquid. He put this out on July 13th. This is the one you want to read as well. Four minutes, guys. That's all it's going to take out of your day. Four minutes. The link is down below. So, check this out. I highlighted a bunch of things in it. So, we're going to briefly go over this. It says that uh he talked about this. They're preparing Canton Network is preparing to expand how Canton Coin functions across its infrastructure at present. And this is what you need to understand. Uh the canine coin burning and validator rewards mainly occur when activity moves through the global synchronizer the layer that connects applications and institutions.

[00:09:17]So for every transaction routed through that environment it contributes to Canton's economic system by creating fees burning Canton coin and rewarding validators. So today that's what you have. And for those that got in on Kant Town when it first launched at like 5 cent, you know, you've pretty much gotten your money and you're you're good. You haven't seen any dips in that.

[00:09:41]Me, even me, I got in at like 12 13 cent right up in there. And I've taken a slight dip, just a slight dip, but that's temporary considering what they're doing. And I'm making this video to show you this on Canton because this can be done across other crypto plays as well. But you what you need is you need the leadership to go in and say, "Okay, how can we make this token, burn off some, and how can we change things so that it can benefit the investors as well?" And that's the things you want to pay attention to when you're looking at projects. Are you even thinking about getting in projects first? How many is it? And is there any kind of um buybacks? Is there any type of burns? Is there any kind of utility?

[00:10:34]Mainly mainly what kind of utility do you have? And does it tie back to the token? And if it does tie back to the token, you're going to see it the way you look at a Canton network. And I just showed you that they've already burned 4.3 billion and they haven't even been out.

[00:10:50]uh seven. They haven't even been out a year and they've burned that. That's the kind of stuff you want to pay attention to. So, this is what keeps me in a project like Canton because if I didn't see any kind of burning mechanism, I would be a little bit concerned. I like I'm holding vaporware. So, it says here the proposal change begins by closing a gap. Canton plans to bring every synchronizer into a common economic framework allowing private infrastructure to participate in the same system as the global synchronizer.

[00:11:24]Guys, I believe this is going to get passed. But when it does, can you imagine how many tokens you're going to see burn off? What that means is you're going to be burning tokens just as fast as they can mint them. And that's how you make your money. You're burning them as fast as you can mint them. Now, some of you might question, well, couldn't they just up the minting?

[00:11:49]Couldn't they just up the minting and kind of balance it out so it doesn't move? That's not going to happen right now. That's not on the table. They're going to keep the minting at at the rate that it's minting right now, but they're going to increase the burns. That's how you're going to get uh the price of the token to go up. And as an investor, that's all you can ask for. So here it is right here. Their proposal model U begins with a simple change. Every synchronizer would take part in the same economic system instead of limiting Canton coin burning and validated rewards to activity which I something I've been preaching for the longest that you did usage case and with these uh with what's flowing through there.

[00:12:34]That's how you burning off tokens. Well, they they want to put that into overdrive. I want to hear that. That's what I want to hear. Well, the network would extend those mechanics to private and dedicated synchronizers as well.

[00:12:48]Higher usage right here will create larger burns while lower usage will produce smaller ones. So, the way they're proposing this guys, to me and my understanding and our understanding guys, this this is great for us. This is great for the investors. This all you should want. So um and this make make sure you read this article guys. It'll be tagged down below because this is the things you need to understand as an investor. Why the proposal could strengthen Canton coin can proposal could strengthen Canton coin by giving the token a role across the network.

[00:13:25]Today burning is mainly tied to activity on the global synchronizer. Under the new structure, private and dedicated synchronizers would also contribute whenever institutions use them.

[00:13:37]whenever.

[00:13:39]So that's burning mechanisms on pretty much all fronts. That is what you want to see when you're holding something like this that has such a large uh circulating supply. And then when you see this max supply here that people always argue about this infinite symbol, they're like, well, they're never going to run out. And I always have to show you other things to to prove to you that Ethereum has it, Salana has it. None of that matters if you're burning tokens just as fast as you can mint them. So if if you need any other proof guys, just look at the fact that with the limited usage or not usage, but with the limited burns that they already have to date, they've already still have burned off 4.3 billion. But the way you've all rules and all of them are trying to do it now, they're they want to up that.

[00:14:34]They're saying this is not enough burns.

[00:14:36]Let's let's burn more and more and more.

[00:14:39]Guys, it doesn't take a rocket scientist to understand that's going to affect the price. But again, this is why I hold it.

[00:14:46]This is why I continue to look into it and invest in it because I can see the way this story is going to end is bar nothing changes and it's always you have to continue to research. But right now, this one is a definite buy in my opinion. my researcher's opinion, but do your own research on this one, guys. The next one, let me know what do you think of this new proposal and it go into effect with we're talking September of next year. But, um, I'm patient because that gives a lot of investors out there a chance to learn about this great project, but also a chance to DCA in.

[00:15:28]Never put in more than you're willing to lose. And if you get in, u make sure you continue to do your research on it. Till the next one, guys, it's your boy. I'm out. My heart rages around like an ocean in my head.

[00:15:44]Because there