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Adam Jackson

๐Ÿ‘ค Speaker
676 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

First is the code itself.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

So the network software itself runs the referral engine.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

So if Nathan Latka comes in, goes to Braintrust.com, creates an account as a connector, right?

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

There's talent who do the work, there's clients who hire the talent, and then there's connectors who are essentially people making intros.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

Nathan comes in, anybody can come in, get a code, unique code.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

And then if you refer talent and they start transacting, or if you refer a client and they start transacting, you're going to start earning bonuses based on a percentage of those transactions in the form of the brain trust token.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

Those tokens come out of treasury and it's all done via the code.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

It's a permissionless system, right?

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

It's not like a person approving it.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

And then the second way is the community DAO.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

So the treasury, a big chunk of the treasury is controlled by community members through the grants program.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

You can apply for a grant on Braintrust and say, let's say a group comes to the grants program on Braintrust and says, hey, we're going to translate Braintrust for the Asian Pacific region.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

And we're going to apply for a grant, you know, for say, you know, 500,000 e-trust to do that.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

If the community decides, hey, that's a good idea, they fund it, they vote on chain and the funds, the tokens flow out of the DAO.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

So it's community controlled or software controlled is how those tokens are distributed.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

I don't actually.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

It's a semi-suit anonymous network.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

I mean, if you go to... Actually, there's a leaderboard of people who've earned tokens.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

If you go to info.braintrust.com, you can see if you scroll down kind of three quarters of the way through the page, there's actually a leaderboard of folks who've earned tokens for referring.

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

So that's a good indicator right there.