Martin Koppelmann

But again, eBay, Uber, Airbnb, all those we assume will be replaced by decentralized.

Okay, binary options, some insurance products, but in general, all kind of information aggregation.

So instead of having different analysts posting what will be the next revenue of the company, we will have markets for those things and we will aggregate all the forecasts to one number.

Right.

So, yeah, we did one of those token sales.

So...

We issued something that will play a role in our platform, a token.

And yeah, we sold it and raised GNO tokens.

GNO, yeah.

So we sold a few of them.

So 4% of our tokens for $12.5 million.

Yes, I mean, technically we sold them for 250,000 Ether.

That's a blockchain currency.

At the time where we did the sale, this Ether was worth 12.5 million.

That's why I'm saying we raised $12.5 million.

Fortunately, right now, this Ether is worth much more.

Now it's in the range of $60, $70 million.

And we still hold the Ether.

It's two things.

So the token is now separate from the ether, so the token has its own value.