Adam Jackson
👤 SpeakerAppearances Over Time
Podcast Appearances
So they'll own the same number of tokens.
They'll just not be worth very much.
It's a good point.
It will have to be determined by the market that day.
Yeah, it's a little tricky and there's not a lot of great examples you can point to, but it will on the day we publicly launched the token.
People will withdraw it.
Secondary markets will be created, and the market will decide the price.
I don't know if you follow the compound protocol on DeFi at all.
Does that ring a bell?
I don't.
They just went through this exact – and it can get rocky.
Crypto is all about – What's it called?
Compound what?
Compound finance.
So they're the biggest protocol in DeFi, which means decentralized finance.
And they have a token called the comp token.
Our token has a lot of similarities with that comp token.
Even though they're a bank and we're a labor network.
Absolutely.
The reason we're taking our time, we'll be three years old by the time this thing publicly launches-ish.