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Bruce Pon

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

fundamentally that's what we all humans have we have our intellectual property our ideas and if you could make a claim of attribution on it you can claim the copyright you can sell it on the bitcoin network as kind of a colored coin back in the day right you could sell it as i'm selling five copies of this podcast to some sponsor syndicating it and then you get money and royalties based on that yeah that was what we were building on top of bitcoin that's and that's what a scribe was

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

That's what Ascribe was.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We're like all behind Bitcoin.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We're also all behind like Ethereum.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

But as we were developing the product, it was really hard to build because Bitcoin is fundamentally a cryptocurrency platform.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Ethereum is business logic.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

What we needed was some way to capture metadata.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Metadata about the creative work, about the author, and about the licensing model and the royalty structure that they wanted to get.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

And that's all metadata that won't fit on a Bitcoin.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

You don't want it in Ethereum.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Why not?

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Because Bitcoin only, it's like trying to use a Lamborghini to move your house.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

It's not really built for that, right?

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

um you need something like a truck that can handle data not heavy data it's not like um it's like a half ton but it's not like a like this huge truck but it has to be fast enough nimble enough that you can get in get out of the city all this kind of stuff um we're not talking like an 18 wheeler so that's i mean pardon me for the the analogy but it's great no those are great

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Yeah, BigchainDB is for data.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

And, you know, after two years of building this product, it's actually a lot harder than what people think.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We have NASA scientists, PhDs in networking protocols, databases, and artificial intelligence on our team.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

And a lot of people had been giving us flack in the community for saying, hey, you know, what you're doing is not that special.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

And I can tell you that we have some, like, two-thirds of our team are PhDs.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

What's your total team size?