Adam Jackson

And you know the reason for that is because you can never be diluted, right?

So this is a fixed supply of tokens that we can never print any more of them.

So crypto investors are like, well, if this labor marketplace is going to enable this whole new

set of transactions that could never touch a traditional high fee marketplace, you know, like maybe that's interesting, right?

So it's an interesting valuation metric used in crypto networks.

Actually, my own firm led the initial round.

I helped start a firm called Cambrian.

And so this project was spun out of Cambrian.

It was a token economic paper looking for a category.

And so, yeah, so we set the initial terms.

Well, so, I mean, to be really clear, we'll never do an ICO, right?

We're never going to sell tokens to the public.

The only way you can get our token is to earn it, is to help us build the network, right?

So we did raise $6 million from accredited, you know, from VCs like you normally would.

We're working on another round right now.

We're just kicking it off.

We'll raise from some more VCs.

Not a ton of money, by the way, because the project's actually profitable already.

And then once the public the network publicly launches, we will allow tokens to be withdrawn and.

And then it's up to the secondary markets to be created.