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Jag Singh

๐Ÿ‘ค Speaker
157 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

Sure.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

I think the people that care and the people that have bought the token see the upside of the platform and then the influences that are signed on.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

And just the obvious...

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

numbers involved, even if 1% of their followers convert 370, that's 3.75 mil users.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

That's more users than even Ethereum has had max transactions.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

So then the sentiment around the token, I guess people are kind of factoring that in as well.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

If a token does have that many users, it's more users than a chain even.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

And the sentiment around the token will be great.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

All of it.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

No, not in our token.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

Obviously it's raised in another token, all of our tokens.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

So the way that our token sale works is we sold 1% of the token supply.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

So we own 99%.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

So I think that proves enough.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

that we believe in the value of the token.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

Our token sale actually goes on for five years more once the app launches.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

So I basically analyzed other people's token sale and we thought, I'm personally an investor.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

My Instagram is at investor.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

I get decks day and night.

SaaS Interviews with CEOs, Startups, Founders
Vid.Camera Sells $20m in Tokens, Converting 100% to Fiat for New Facebook Where Creators Own Upside

That's what I was doing angel investing before founding Vid.