Adam Jackson

I mean, it's just such a nascent asset class that I think these tokens, people are still figuring out what they're worth to folks on the network.

To make a clear distinction, the cash value of the brain trust token is actually not relevant to the network.

It's one token, one vote.

The more tokens you have, the more influence you have over the network.

So whether that token's worth 10 cents or a dollar is not actually that relevant to the operation of the network.

You can buy them.

Well, they can't buy them from us.

They'd have to go to Coinbase.

Yeah, yeah.

I mean, it's not irrelevant, right?

But the functionality of the token doesn't depend on cash value, right?

The folks that have earned, we've had 40,000 plus folks earn tokens over the last couple of years in exchange for helping build the network.

Invite talent, vet the talent, invite clients.

A lot of those, the vast majority of those folks have kept their tokens because they represent control, influence, voting power over the network.

And that's where the cash value piece doesn't matter.

It's always one token, one vote, no matter what the token's worth in US dollar terms.

You got it.

Yeah.

The other 65% is basically sitting in treasury waiting to be given out to further contributors.

Two entities.