Eyal Hertzog
๐ค SpeakerAppearances Over Time
Podcast Appearances
So the foundation... Which is what you're part of?
So, yes, the foundation is the Swiss foundation.
It's called B Protocol.
And this is the foundation that got the proceeds from the crowd sale.
And the foundation actually sold 50% of the token.
And with the other 50%, it kind of have like different buckets.
For example, 20% is keeping for long-term budget.
So, you know, in a few years, if it needs more money, it can sell those.
20% of that is for other community members like BizDev and partnership and bounty program, which is a very big deal with crypto to have like a bounty program.
A lot of people like working for crypto.
Not exactly miners, because miners is something that you kind of need when you run your own blockchain.
But we are running on top of Ethereum blockchain.
So our miners are Ethereum miners.
We don't need our own miners.
But the bounty program, what it incentivizes are several, for example, bug bounty for people to find bugs in your software.
Oh, interesting.
Or social media bounty.
Yes, that's one example.
There's a bounty for translation.
There are people that everything that we write is translated to like 30 languages and people are