Adam Jackson

We're building a useful network so people can find gigs and not pay any fees.

We're built for the talent, by the talent, owned by the talent.

Last week, there was a community protocol upgrade where the community basically said, hey, that 10% fee collected from clients in cash needs to be paid in brain trust token.

The community developed a new smart contract called the fee converter, which takes US dollars from clients like Goldman Sachs or Nike.

and sends it to that smart contract.

That smart contract buys brain trust tokens on the open market, sends it to the DAO, and the DAO is used to fund more community development, more protocol development.

So that creates a link between activity on the marketplace, i.e.

fees being generated, and demand for the brain trust token.

Now,

I personally had nothing to do with that upgrade.

It was a community-led thing.

But if you think about it, that could create different demand dynamics for the token.

So that could be one explanation there.

The other explanation is, why does Bitcoin go up and down?

It's very hard to say.

There's a lot of speculation in this market.

Oh, man.

I'm trying to think of what I said last time so I could say something different.

Anyway, I'll just say it.

Venture Deals by Brad Feld.