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Adam Jackson

๐Ÿ‘ค Speaker
676 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

And so how do you allow 10 million people in 50 countries to own and control the network, vote on the rules and all that stuff?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Well, you just can't do it with shares of a Delaware Sea.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It's physically impossible, right?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It's logistically impossible.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

So we instead of shares of stock, we use tokens.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

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.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

And the usefulness of that token is voting control of the network.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

OK, so so right now, the fee schedule is really simple.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Zero percent charge of talent, 10 percent charge of clients, you know.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

People say like, well, why would why do people care about voting on network rules?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Right.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It's like, well, I'll give you an example.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Like you remember last year when DoorDash roll out this new feature where you can tip your Dasher cash after the delivery.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Well, then so they they roll it for a year.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

DoorDash Inc.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

decides to book all those tips as revenue and basically steal the money.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Right.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

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.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

So that's the incentive to get our token and have influence over this platform you make a living on.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It's an ERC-20 token built on the Ethereum blockchain.