Sure didnt twenty million one fly a. Book its an experience like nothing else not to because i want to share what i think what i know about the beautiful guy was great so will transfer. And thinks its going to. Welcome back to the kaiser report imax kaiser initial Coin Offering you know i dont think weve actually talked about it is going off on this show well lets get into right now arie you see the chief operating officer of storm token ery welcome thanks for having me one a pleasure to have you on im hearing great things about storm x. And the storm token so that a successful initial point offering in twenty seventeen tell us about the storm. And game a five micro tasks what is it yeah so weve been in market for about three years originally under the name bit maker with just im told can we rebranded a storm player on the Android App Store and basically for trying out different products and Services Like hulu. Games the final fantasy who where you get paid in crypto whether its a big calling and now storm took. It into this little bit more game of five tasks and tokens and im earning tokens gaming all worked through that a little bit more for me and for the audience what does that mean so were a marketplace so from the user perspective i get paid terry were take winter storm were trying out different products and services so thats a user perspective. And we came up by the experience of that you get you sort of have this like journey so step one download the app stop to create a profile and each time you get paid say a dollar and then when you hit the final goal of trying out hulu for thirty days well pay you fifteen dollars in the theory and. So if im on a social networking site like that and im putting up content all the time i never get paid if im working with stone tokens and im interacting out there im getting paid youre going to pay for my interaction micro tasks so youre. You disrupting are you just something social Networks First of all were disrupting the way advertising works so from the other side of the marketplace theres advertisers pay for clicks alights and downloads but if your store owner you want actually people to come into your restaurant try an appetizer and you know give you a real try likes and installs dont really do that and so we thought hey now Business Owner who what if instead of paying facebook or google for fifteen dollars and clicks and likes give us the fifteen dollars and well give it back to these or to actually try your product Everybody Wins all right so you. See oh yes so the crew thats a pretty so youre up there on the c. Suite so to speak and. So youre not the chief Technology Officer you know the chief executive officer and the chief Operations Officer just for thirty seconds kind of break down what it does what i see how startup so my responsibilities are the day to day operations of the company it literally is everything and whether its resourcing systems processes payroll whatever it could be im responsible to make sure that day to day were executing right so this is a very you know this is a heavy its a variance and all kind of falls back to you and also if i had a lot of ways i understand that this is rolling out a fantastically successful lets talk about i said. For those who are uninitiated what is a nice ago so i c. F. C. s for initial Coin Offering from our perspective its more of a crowd sale so sort of like kickstarter and crowdfunding the world the masses you support projects that you really believe you put in a dollar you put one hundred dollars whatever it may be and you get a token that says im a believer in the store and coke and project i believe in every day micro tasks people being put in anywhere any time a device so whats the controversy with additional point offerings because. Its not equity as such its not regulated so i would argue by equity regulators. But then again its not. Theres a theres threshold in the i. C. A. O. Market where it has to have a utility value and how cognizant of you are are you to make sure fulfills that role doesnt fulfil that role and how does it fulfill that role. Very significantly you know where this is something that we think about all day and all night for us where utility took and theres two kinds of tokens right there is the security tokens where you actually are investment. Into that company where utility token because we already had a product where the token was immediately utilized useable within our system and that those are the basic thresholds ok that utility not not to you cant dont go speak out of school or anything but i guess you know im just saying my following question so yes you see clearly there on all their honest like you know. You know so so how much dialogue if any or do you have to do are you do you have dialogue with them or how does that work that relationship because theyre clearly theyre looking at this very closely yes theyre looking at this very closely because with anything with this much attention and this much impact globally you want there are going to be some bad actors right for us we dont have any direct contact with the f. C. C. But we do pay for a very expensive partners you know the perkins kui firms and to lloyds who actually do have contacts with c. C. And are working very closely with us to make sure where were going to step in where being very above bar above board but of course i guss lord in how we execute and operate the company justice you see seems like there are looking to encourage innovation at the stage of the game they dont they seem like theyre really trying to sort through all the players of this and try to warn folks when they see an obvious. Bad actor there theyre trying to encourage folks that are doing the doing what they were perceived to be innovative things and the money raised on this you know youre not going through the v. C. Route and who might take equity so this is just cash how much money does raise let me ask so we raised it and decide where two thousand and seventeen and we sold about thirty two Million Dollars u. S. D. Worth of stone pickens ok and so. How is a market for the spend of the next couple years what are you looking to do so right now its really stuffing up the team we want from a humble team three four very scrappy entrepreneurs now were bringing in you know very expensive chief of staff we would take technology or were bringing in someone to really lead and to find a future where our products are going to be engineers who can do a lot of the heavy lifting and so really raising the bar on our team so that we can execute really fast and then not make the mistakes and the new we engineer it so bringing in the old with the new all right so bringing in some senior folks to try it so when you wake up in the morning and you head off to the center pod or the office or the you know wherever the all i or i or you look at it so were working out of Seattle Washington right and its basically two rows of thats true work side by side our little laptops all day long oh so what what what what do you what motivates you about this project i mean when i said game if i had my core task i mean i can see that this is kind of like a glimmer in your eye you really believe in this right so yeah tell us what your what is your passion about this because you know your passion is whats going to make this project you and your your colleagues what is it that really gets you excited it really is the idea of earth anywhere anytime from anybody with micro tasking technology we can actually really. Its a normalized i dont thats a good word. He used normalize how we are really a global nation so my my story and i often tell it on timbuktu maybe she earns twenty cents a day and thats her living but with Machine Learning house where she identifies one hundred oranges in photos a day she can earn a dollar a day so we can significantly increase her standard of living she can easily turn around and teach uncle to do i wonder photos of oranges today so now theyve doubled more than doubled their income for the family they can teach your entire community their churches whatever their it is its a whole communities globally can rise thanks to my corrections actions most of our additional transactions to date are not built for transactions under five dollars and thats where block chain and the storm token particularly is built for micro transactions so we hear about the claim. With a lot of fees now that i know transactions are not happening to some degree soaks or getting it just saying cant come to us we got they were better for payments etc but youre really specializing that five dollars under not specializing but you have a sweet spot there i guess you could say so. The folks that are around the world that were this could make a substantial difference to their lives right because people are living on a dollar a day five dollars a day ten dollars an hour theyre very low income people and and if they have access like the nations of africa for example a phones and things where you see growth in this work countries are growing up with this it really is more of the developing nations were very popular in the philippines thailand indonesia of course mexico brazil but we actually have a very strong u. S. Population as well so its its its literally quote one hundred eighty some countries right and. In general some of the crap the market you know we get very frothy twenty seventeen twenty thousand and it going the whole market one hundred eight hundred billion eight hundred twenty billion weve had a serious correction i guess you could call it you know back to fifty percent some of the smaller points. How does that impact your business if at all. It impacts us because our communities really care and it really impacts them but overall as a company were here for the long game versus the you know the the bumps its going to be a bumpy ride theres still a lot to be figured out about krypto and tokens and and block chains in general our Business Model was already fixed we were already a growing company our revenues actually doubled from last year so. If we continue to focus on the numbers that really do matter versus the short term ups and downs of the token and all of i guess anger and that thats around the token yanks i dont think in their words theres an angst token i censored mostly i think its you know theres a lot of new people coming into crypto and they see them outside of what could market cap nearly. Its ok its ok so youre vice chill yeah long game versus short game theres a lot of things that need to be figured out right here im sort of like dial up in you know fourteen point four kill a way dial up. The internet theres still some things that need to be figured out but it was. Would it be fair to say are you out. Im on the borderline after life coming after i am one because so i am one hundred seventy nine formally im neither millennial nor gen x. Im. Sorry and so we hear that this generation is now accepting crypto as really. Theyve growing up i can and they understand that banks are inferior in many ways and they are adopting and theyre living just like people have become you know smartphone from you. Know what about that is not true what you see that in that regard its its a whole nother way of living i mean you go out to lunch and you bend mower you know. Jacks wallet somebody you know a payment and youre done thats it its very fast and simple. And the banks are seen as dinosaurs. Thats not really part of the necessary day to day life theyre being distant immediate theyre being destroyed yeah you dont have to go drive to the bank to make your deposit or pick up checks anymore like you know we did in the eightys now its. Done with crypto theres an idea that you are owning sound money you are saving money in a way and thats very different than the generations weve just experienced end up going deep deep into debt. Are you its your perception of money big philosophical question but its your perception of money it is that you think different with crypto versus lets say the outlane us dollars and that bad rush to use credit cards and go into debt in cerny generational thought about i think the Younger Generation say the millennial Generation Cares more about experiences that like the consumer he i need to have stuff so thats a little bit different and then one hundred fifteen c. And. Valuing time very differently to how we work and live thats a box on the lottery harry you chief operating officer of storm token thanks so much thanks but thats going to this edition of the kaiser report with me max kaiser stay here would like to thank our guests terry you oh still to look at joining us on twitter its kaiser report. As you read the stand. That im. Rather off it off for because of. The money and that. But im going to cut him then you cut him there and kick and. I dont lose a child for trial for all that it living. In the world and then im wanting monosyllable side of. The thing the only a lot of the. Members that are on the highway for not doing. Good for its whole fool bush choice the i knew you have them and they are turning in serious said the lady who knew she had a zipper somewhere else for them after the four parts around the mr hate that for jim and then more oil for hope that are fairly in the course. Of the money. Lead. The moment was hard to sell you on the idea that dropping bombs brings peace to the Chicken Hawks was new to fight the battle but still. The new socks try to tell you that every gossip and tabloid myself. Mock them for size and tell me you are not old enough and lets fight. These are the hawks that we along the border will want. Prescribe medication is widespread on the us market and a frequent cause of death at that point in my life. Like everything was ashes my family was literally coming unglued i had actually planned. To commit some site watch all who has made antidepressants so commonly used we were doing what the doctors told us to do we were being responsible and what the real side effects why. Was this child likely alter what i did was done on a cocktail of lethal drugs. Just because somethings legal doesnt mean its safe heres what people have been saying about redacted in the night we do exactly that full on awesome the only show i go out of my way to launch you know what it is that really packs a punch oh yeah it is the john oliver of r t america is doing the same but we are apparently better than blue nothing that says its a paper youve never heard of love jack to the night president of the world bank very. Seriously send us an email. Yes i was pretty hurt with the market for your. Help in the last election i believe will do more its the young to my all so you all but you know one of the most often little bush about so. Many apparently you. Have to move out of the you know the middle of the sky its more of the who cooks believe ninety to please he should resign you feel good. You will more than a million bucks to look at the procedure to the armor issue you can you get other counties up when you tell my boss leave you did to us old daughter. Most of the species. If you feel more. Comfortable i. Was. The World Economic forum in davos as a political edge this year with a Record Number of World Leaders heading to the luxury swiss resort. I. Also to come over one hundred french prisons are facing star blockades as guards demand better security after a spate of Violent Attacks by inmates and the f. B. I. Is missing a crucial employee Text Messages according to the latest revelations from washington is believed they could have shed light on potential anti trump bias within the agency. Hello there is midday here in moscow youre watching r. T. International. Now the luxury swiss resort of davos is opening its doors at the moment to be annual World Economic forum but going through the guest list there you might think that this year is more about politics than the economy because a Record Number of g seven leaders are expected to attend and that includes the u. S. President. Reports. Today is the First Official day of the World Economic forum here in the swiss alps and it has attracted a number of political heavyweights that are going to be in attendance everyone from theresa may to mccraw on merkel Justin Trudeau and surprisingly enough donald trump he has a speech scheduled for later this week that is much anticipated and it will make him this second u. S. President to ever attend the first being bill clinton back in two thousand now an ill timed Government Shutdown back at home did put his trip under question for a little while but things are back on track at this point of course many are very curious about how his America First actually fit in with the globalist atmosphere that the forum both although no ones really expecting him to conform to that this year in general is shaping up to be a whole new davos with the politics of the last year creeping in and the economic focus being a bit blurred first of all this is the first year ever that the summit is chaired by only women and a number of the discussions really dont seem to have much of an economic focus at all discussing things like race privilege and Sexual Harassment the hottest trends of two thousand and seventeen of course and v. I. P. s are not the only thing descending on davos the past few days have seen almost two meters of snow fall leaving a lot of concerns and its wake the local authorities have warned of the possibility of avalanches and yesterday what should have been a fifteen minute drive for us took us three hours we had to put chains on our tires to go on certain roads and the tunnel was in fact blocked by snow not letting us through and of course got in as the helo pad in davos was closed down for a few hours leaving the question of how the leaders are going to get to the forum perhaps well see them all on skis dumbest reality economic environmental social and political fragility. Noise can bring them home. Comes to town on friday turns out davos is actually this social experiment when youre gathering what hes then make them carry their own luggage through the snow and stand in lines with each other. I wonder what would happen if. No one could leave for a week and the world realize that they could run it so without the business and political elites Mother Nature is the biggest gaston superstar in the six feet of snow commanding. Well putting the weather aside author and editor gerald flinty thinks that those participating at davos this year focused on urgent economic needs. Davos to the zero point one percent of the people they have very little concern about what the rest of the people are getting its one big club and its a deal making club again all those saw the Little Things about you know gay rights equal pay oh thats just a lot of nonsense and its for the media to write about when they dont want to write about the hard facts of how those so few own so much and how so many own so little well as we heard earlier the three day Government Shutdown in the us has finally come to an end after president signed a bill congress now has two weeks to find in the dream and on the immigration act the main Sticking Point between the republicans and democrats at the moment however the Mainstream Media is still focusing on the. Trump even though the shutdown was actually two weeks shorter than the previous one suffered under the ministrations republicans should have been a day of celebration for president from one year in office the one Year Anniversary of his presidency but the party he planned at mar a lago is no more at the moment because youre waking up to a government that is shut down this is hard stuff for him this is his First Anniversary tomorrow hes got a big party and then hes going out to show the world what a great job hes doing as president scepter years of domestic crisis if he was such a great deal maker the government wouldnt be close to what it. For the first time in seventeen years much of the federal government is Shutdown Congress failed to agree on a new Funding Board midnight deadline the public of course is increasingly disgusted by what theyre seeing going on or not going on in washington and the latest a. B. C. News Washington Post poll showed majorities disapproving of the president and both parties in congress. Now two thirds of french prisons are under a nationwide blockade at the moment to start continue a two week long strike over a lack of security the protests began after an increase in Violent Attacks on Prison Guards by inmates one of the hot spots is here to morrow she jail near paris its the largest in europe and holds more than four thousand inmates its also used to monitor suspected extremists among them. He faces trial over the twenty fifteen paris terror attack and his staff protested clashes erupted with Police Outside the prison. I. Looked at the guys today weve all come here for a strike because discontent is spreading across france the crucial problem is the security of prison personnel top of that is the issue of islamic radicals who are also roger who are not isolated. Along with you lucia its dangerous for us to be around the inmates because for them we are the hate for them we are enemy bridges. With the blockades and demonstrations spreading across france shallot been scape has been following the story. This is a nationwide strike of prisons across france with union saying that around one hundred thirty of frances one hundred eighty eight prisons took place in this particular strike now europes largest prison which is just south of paris the protesters there actually blockaded the prison with tires with wooden pallets they burnt them afterwards that something that we have seen at other prisons across france is well quite a normal tactic to block those prisons now this is now the eighth day of these nationwide blockades and this comes after just over a week ago there was an attack on three security guards at a prison in the north of france by a man whos a convicted terrorist now that sparked off these latest process but since then in the last week or so they have been several other incidents at prisons in france including an incident on sunday in which two guards were assaulted again now the unions and the Prison Guards themselves say that they want more working conditions to be more secure for the dangerous prisoners for those prisoners whove been radicalised to be isolated in the jails. We continue because today there is nothing a few things that have been announced by the chancery in the trade unions the staff of rejected entirely were blocking everything were blocking the prison. In terms of security we want concrete things including materials that allow the prison staff to work in safety well of course Prison Guards and Police Officers are normally on the same side of the fence defending justice but in this occasion there are actually on different sides of the fence different sides of the opinion and what we have seen is conflicts and clashes between the two including tear gas being used at times take a look at some of whats been happening outside the prisons in france. Today or. Oh. Well president michael himself has offered to unveil a radical reform of prisons across from star is jude to be unveiled at the end of next month but its going to come a long way away from this process which looks set to continue. Charted to be in school but that report has lost crucial Text Messages sent by its employees which could have shed light on the alleged anti dont trump bias within the agency particularly over the socalled trump rusher investigation u. S. Attorney general Jeff Sessions has already said the Justice Department is looking into what happened while republicans are also demanding a special counsel be set up over the matter with more from washington his america. Months of Text Messages between two f. B. I. Staffers linked to the trump of russia propane have gone missing one of the agents is peter struck he oversaw the investigation into alleged russian interference now he was also part of Robert Mullers team that was looking into suppose the pollution between trump and the problem prior to that the plane didnt email investigation which went nowhere and then theres lisa page a lawyer for the department of justice who also worked for Robert Muller the couple came into prominence back in december when their private text conversations were released to Congress Girls hillary should win. And