Eyal Hertzog

Oh, I shouldn't have the room.

So, first of all, Bancor is a nonprofit organization, which is a new model that has been rising in the last years.

The most important example to that is Ethereum itself.

So, you heard about Ethereum?

It's like the competitor to Bitcoin.

And they did their own fundraising and the entire project in a nonprofit way.

entity and still people that are involved are still making money to your question because those are token based economies so everyone that was involved in ethereum got some ether in the beginning when it was on 30 cents price and today you know the price is like i believe 200 dollars

So, everyone that was involved made a lot of money, but the organization itself that run Ethereum is a nonprofit, and Bancor is similar to that in that respect.

Bancor is also a token, and we are essentially solving a different problem.

We solve the problem of liquidity, liquidity between currency.

This is a very important thing because it allows you to- Just clarification there, Ariel.

So it's actually pretty similar.

I'm talking about any kind of liquidity that works today with crypto tokens.

But if you know, there are a lot of assets that are already like moving to the blockchain, like tokenized on the blockchain.

So there is a token that represent gold and token that represent dollars.

And you can actually convert those tokens back to gold and back to dollars.

when you want.

So real assets from the real world are already represented on the blockchain.

So you can really say that this is an environment that can host everything.

And we solved the problem of being able to convert one form of store value currency, bond, whatever it is, a token, one to another, which is what people use stock market today.