Martin Koppelmann

I certainly see this with all those platforms, because, again, those platforms are more valuable platforms.

If they have network effects and they are more valuable, if more people join them.

Your question about competing... Token issuances.

Competing issuances.

Yeah, well, that will be very interesting to see.

So can people figure out a way to later?

So let's say you are creating the platform.

I'm creating the platform.

Can we find later a way to maybe join our tokens and create one platform or will it just be the usual competition winner takes it all?

And at some point, the one platform is a really big one and the other one is completely irrelevant.

Forget that.

Okay, forget that.

Let's say there's competition and we have one winner.

The difference is still that right now, so you have still one winner and you have still someone who's then making a lot of money and collecting the fees, just like today.

Still, the difference is that if we have Uber today, then they have complete control over the platform.

So they can change the rules automatically.

like they want, they can raise the fees like they want.

With a decentralized platform, you can structure it in a way that you restrict yourself.

So you create this platform and you put in a fee.

So you put in a whatever, some fee, but you don't have the control