Jag Singh
๐ค SpeakerAppearances Over Time
Podcast Appearances
And every time someone swipes up and books an Uber, then you earn part of that.
It's a whole new revenue stream for them, and that's what they're keen for long-term.
And they're getting a small bit of currency in the platform as well.
I think voice that I think that what they're working on is going to be largely sort of text-based, like a more like a Twitter competitor, I would say.
Um, and beard is sort of more Instagram-esque.
We were previously building on, on EOS.
Um, so I know the guys, but we're moving over to ontology now.
Um, yeah, we do.
Uh, I, we self-funded, uh, two mil, um, my brother and I, uh, we had a previous successful exit, uh,
And since then we did a token sale pre-sale.
And now we're doing a convertible note with select partners.
So then the token sales raised well over 20 million, private and public.
People like Ontology, NGC, a lot of big funds have come into the token sale.
Sure.
Well, the only way an advertiser can buy any advertising within the bid ecosystem is by buying this token.
So when Uber, for example, wants to add a swipe up to an influencer's auto generated memory, they have to buy the token to then buy the swipe up.
So it's essentially like saying to people, Facebook earned $55 billion last year in advertising revenue.
It's your chance to buy into that ecosystem.
And the only way then an advertiser can buy ads is through you.
So that's the utility of the token.