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Jae Kwon

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

They're tokens that allow you to vote on the blockchain, participate in consensus, make governance decisions about where the chain is headed, and also earn transaction fees by providing a service to the users of that blockchain.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

It's the Bible of Bitcoin.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

I'd say I didn't start it.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

Satoshi did.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

So you're Jesus, basically, right?

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

I'm not Jesus.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

I'm Jake Kwan.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

All right.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

How much did you fundraise?

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

We raised, we had a cap of $17 million.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

At USD?

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

At USD.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

So we filled that cap in 29 minutes.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

So we had to stop.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

Well, we weren't selling anything.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

We were accepting donations of Bitcoin and Ether.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

The contributors are getting atoms.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

There was an exchange ratio.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

We haven't issued them yet.

SaaS Interviews with CEOs, Startups, Founders
821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"

I forget the exact number.