Adam Jackson
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we instead of shares of stock, we use tokens.
And these tokens are given out in proportion to given out to people in proportion to the value they drive, inviting people, vetting people, bringing clients on.
And the usefulness of that token is voting control of the network.
OK, so so right now, the fee schedule is really simple.
Zero percent charge of talent, 10 percent charge of clients, you know.
People say like, well, why would why do people care about voting on network rules?
Right.
It's like, well, I'll give you an example.
Like you remember last year when DoorDash roll out this new feature where you can tip your Dasher cash after the delivery.
Well, then so they they roll it for a year.
DoorDash Inc.
decides to book all those tips as revenue and basically steal the money.
Right.
If DoorDash had been run like Braintrust, where it was a user-owned and operated network and rules had to be approved by the users first, that money could have never been stolen.
So that's the incentive to get our token and have influence over this platform you make a living on.
It's an ERC-20 token built on the Ethereum blockchain.
We're going to start with an initial supply of 250 million tokens.
We can never print it anymore.
Yeah, yeah.
So this is just built into the smart contract, right?