Bruce Pon
๐ค SpeakerAppearances Over Time
Podcast Appearances
Right now we're at 20 people.
We've raised around six million US dollars, six, seven million.
So open source software is traditionally a dual license model.
One's an open source license, and the other one is if you want to use an enterprise in production with support, you pay an enterprise license.
So that's a model that we're looking at.
We've already been getting revenue based on that one.
And then also there might be additional revenue models.
There's this whole ICO craze going on.
Perhaps there's a way that we can play a role in that.
Right now, because of the nature of blockchain, what we'd be doing is like a SaaS model, monthly subscription for the enterprise kind of capabilities and features.
We looked at per transaction, but that starts extracting kind of rent in a non-healthy way.
So, yes, we grow with the network and it's easier for small companies to join up.
But if you're talking like millions and millions, yeah, millions and billions of transactions, then we're starting to get almost an unfair amount of money.
We just released 1.0 this week.
We're really proud of it.
In terms of getting to our customers, blockchain skill sets are really rare.
So what we do is we do premium support, and that premium support really is premium.
It's more than your typical consulting days, but within there is additional software and features that we're building in beta that our enterprise customers have access to.
Yeah, about five to six figures.
Okay.