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Sam Kamani

👤 Speaker
282 total appearances
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Appearances Over Time

Podcast Appearances

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

So how does it all work?

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

So you have the BSelf brands, these five brands, and then you are tokenizing the company.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Are you using blockchain for any other thing as well?

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Absolutely.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Absolutely, because you do get points like, you know, air points or air miles or things like that in a lot of different things, whether you use credit cards or you use like shopping from, you know, you even a small coffee shop, you buy six coffees, you get seventh coffee free, you give you give you a card.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Some places, some places they have the apps and things like that.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

So it makes sense.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

In this case, you're getting a share in the company in a way.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

So you mean they cannot sell at all, or is there like a time lock, 18 months, 24 months, anything like that?

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Four years.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Okay.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Okay.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Like my next question is around the usability of things or user experience.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

And what you're trying to do has elements on chain, but a lot of regular people are not still familiar with on chain things.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

And there is a gap between

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

between the web two audience and web three tech how do you onboard this uh this new type of people onto this and um you know when they're not used to tokenization how do you convince them or explain to them that hey look you're getting a token it's on blockchain or how does it all work do they have to sign up to wallets do they have to sign up create on-chain accounts or yeah

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Yeah.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

And you know how you have got five brands currently under B token.

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Will you also open it up so other external brands can come in and use the, use the system platform or will you just keep it for your five brands?

Web3 with Sam Kamani
336: BeToken’s Albert Prat on Tokenizing E-commerce Equity and Scaling to €100M

Okay, yeah, yeah, makes sense.