Was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in the million years i would see that end its how can this happen to. Anyone else so its seemed wrong. But old rules just dont hold. Me if you get to shape out these days comes to educate and in gains from it equals betrayal. When so many find themselves worlds apart we choose to look for common ground. Heres what people have been saying about redacted in the sixtys full on awesome well 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 Marty America is doing the same we are apparently better than blue that i see people youve never heard of love back to the night not the president of the world bank though very deliberately variously sent us an email prescribe medication is widespread on the us market and a frequent cause of death at that point in my life i just felt like everything was ashes my family was literally coming unglued i had actually planned. To commit some site water or 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. Was chemically altered what i did was done on a cocktail of legal drugs. Just because somethings legal doesnt mean its safe. Welcome back to the kaiser report im max kaiser initial Coin Offering you know i dont think weve actually talked about this recall in offerings on this show well lets get into right now airy you see the chief operating officer of storm token ery welcome thanks for having me what a pleasure to have you all and 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 told. And game a five micro tasks what is it yes 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 whole final fantasy who where you get paid in crypto whether its a big and now storm took. It into the subtle bit more subtle game of five micro tasks and tokens and im earning tokens gaming so worked through that a little bit more for me for the audience what does that mean so were a marketplace so from the user perspective i get paid terry were fake winter storm were trying out different products and services so thats a user perspective. And we came up by the experience of that. 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 they will miss them 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 and im interacting out there im going pay youre going to pay for my interaction micro tasks so youre. Are 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 and likes and downloads but if youre a store owner you want actually people to come into your restaurant try an appetizer and you know give you a real try likes and insults dont really do that and so we thought hey now Business Owner who what if instead of paying facebook or google for fifteen dollars of clicks and likes give us a fifteen dollars and well give it back to these or to actually try your product Everybody Wins all right so youre the. Oh yes so the crew thats a pretty so youre up there in the c. Suite so to speak and. So youre not the chief Technology Officer you know the chief executive officer or 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 false facts you know and also if i had a lot of ways i understand that this is rolling out a fantastically successful lets talk about ice. For those who are uninitiated what is a nice to go so i see you know sales 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 initial point offerings because. Its not equity as such its not regulated some 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 or you can make sure fulfills that role doesnt fulfil that role and how does it fill 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 theres 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 usable within our system and that those are the basic thresholds ok that utility not not to you cant but those speak out of school or anything but i guess 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 the f. C. C. Do you 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 impacts globally you want there are going to be some bad doctors right for us we dont have any direct contact with the f. C. C. But we do pay for a very expensive partner is you know the perkins kui firms and into 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 by our own 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 the obvious. Bad actor there theyre trying to encourage folks that are doing 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. With a strong focus ok and so. How is a market for the spend of the next couple of years what are you looking to do so right now its really starting up the team we went 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 you know 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 applied micro 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 is on timbuktu maybe she earns twenty cents a day and thats her living but with Machine Learning task 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 Digital 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 sucks or getting it just saying cant come to us weve 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 nations in africa for example have phones and things where you see growth in this work countries are growing up with this it really is more of the developing nations we are 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 now some like krypto in general so the Crypto Market you know we got very frothy twenty seventeen twenty thousand of it growing 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 the i guess angsty around that thats around the token yanks i dont think there were just token. Centered 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. You know 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 a theory 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 all baloney im on the borderline after life coming after i am one because so i am one hundred seventy nine formally ok so im neither millennial nor gen x. Im. Sorry and so we hear that this generation is now accepting. 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 a whole nother way of living i mean you go out to lunch and you bend mo where you know. Jacks wallet somebody you know a payment and youre done thats it its very fast and simple. And 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 that ive gone deep deep into debt. Already is your perception of money big philosophical question but is your perception of money and is that you think different with crypto versus lets say the outlay us dollars and that bad rush to use credit cards and go into debt insert generational thought about that 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 too and how we work and live thats a block so if the lottery every you chief operating officer of storm token thanks so much thanks but thats going to do this edition of the kaiser report with me thanks guys or stay here would like to thank our guests terry you of still joke and joining us on twitter its kaiser report its all the time. As you read the stand. That im. Rather looking for because. I want you and that. But i dont like him then you. Can keep an eye on what i have seen as a child with a truffle that it. Doesnt work then im modeling my michelle the downside of. The thing the only and lot of the. Members that i would i have had no necessity to in. Get this whole food place choice the i knew where youre from and theosophy chime in syria has said. To me she ought to give up somewhere else for that even after the couple farts around us mr hates it for jim and then for hope that our freddie macor. Even. Ive played for many clubs over the years so i know the game inside out so. The ball isnt only about what happens on the pitch for the final school its about the passion from the fans its the age of the superman each kill the narrowness and spending sixteen twenty million and one player. Its an experience like nothing else on to because i want to share what i think what i know about the beautiful game played great so well more chimes for. The base this minute. Yes there was but with a large couple of it you can. Help remove the last election i believe will move forward so will most of the young and we will see you all but you know one of the things going up in the bushes i shall. Keep you from coming to you from the kind of game you do the you know the middle of the sky its more you the who cooks believe the g. B. Easy road reason you took the edge. You will know the old bench look at the procedure to the armor if you can you get other counties up and you tell us maybe you didnt miss told me my suspicion i was there. Was. The u. S. Secretary of state claims russia quote ultimately is responsible for the Chemical Attacks that have taken place in syria since moscow intervened in the conflict. Thats coming up this hour heads of states titans of business and finance the senate on the swiss resort of. The World Economic forum we look at whats on the agenda also to come. What. Was. French president stuff blockade dozens of detention facilities or the comfrey they demand safer working conditions following a spate of attacks by inmates. A probe was launched into five months worth of crucial Text Messages that have been lost by the f. B. I. Which could be. We shed light on bias within the agency. Global news live from or here in moscow every hour of the day this is our Teacher National our top story this hour the u. S. Secretary of state Rex Tillerson has claimed the blame for a Chemical Attacks carried out in syria over the past number of years lies with moscow regardless of who was behind them whoever conducted the attacks russia ultimately burrs responsibility for the victims and the. Countless other syrians targeted with chemical weapons since russia became involved in syria. R. T. Senior correspondent rob gets the of joins us live in the studio. What we know about this what are we learning not only what theres almost no Information Available all of these reports are coming from twitter from various sources the White Helmets for example whose leader was banned by the entry into the United States because of his ties to extremists whose members act his body bag bagus and the al qaeda executions and who operate exclusively easily missed areas areas of syria held by hardcore islamists but you know their motivations that bias aside the reports that were hearing coming from the cat both in syria and abroad and the information were seeing is a bunch of metal cabinets theres metal canisters that reportedly targeted Eastern Ghouta just just east of the capital damascus and there are reports of two dozen people injured ten men i think the rest woman children according to all of these activists. Theres no actual footage of these bombs and chlorine gas ive seen clearing gas used back in aleppo during the battle of aleppo it leaves behind a huge greenish cloud and it isnt difficult you know to take it to take a picture which would which would say a lot more but theres this new pictures thats just pictures of empty canisters laying around on the ground and even experts a loss to explain how exactly these these catus work the reports of casualties deaths so far one cat one cat what weve seen an activist holding up in eastern guta he says that its suffocated to death because of chlorine gas an