 I'll go over all your questions, which there's some good ones so far. Like question everything says, you're getting away with those coins. Why do you buy us coins and give them away? Dan feeling active. Let's go over the Q&A and we'll go over that right now. So everybody, this will be the Q&A part. So usually what I do is that last part I'll probably cut out, upload and have everybody in there. So Nicholas asked this question, wasn't the wall supposed to go live in the U.S. by now? Yes, it was, as a matter of fact. And it was supposed to go live, it was in September, I want to say September 15th or 16th somewhere around there. I didn't think they were going to go live in the United States by that time. I didn't think they'd go live in the United States because of Gary Gensler, but they pushed things back and when I have the guest on, he'll tell you exactly why, but they pushed it back a month for whatever reason. And now here we are and it's going to be, I think I said in the video October 16th, but I've misspoke, it's actually October 17th. And the reason we're doing the giveaway beforehand is because when you get those crypto tokens, there's some other things you can do, you can stake them and then get a lot more if you want to move on in that route. Gary, I still accumulate sweat passively, always maxing my steps, not invested at all besides coins earned through walking. Worst case, it ends up as what it started as, nothing. And I got to tell you that's the truth. How many different coins cryptos have you maybe invested into that amount? It's absolutely nothing and you bought it and you're out that money. At least with sweat coin here, didn't really cost you too much. Actually, all the deal was you download it on your phone, you walk around and you get sweat. That's it. That's the whole thing. Maybe you buy something on the store, maybe you don't, maybe you stake it, maybe you don't, but it's all right there for you. Now moving forward, I think it's going to do pretty well as far as like the on and off ramps that they have for the crypto token, also for the NFT aspect of it. And then of course, if you want to move things around and donate, they have that too, or also buy physical products. Sure enough. Again, everybody wins because those products that are on there, it's all advertising folks. It's all advertising. Okay. And then Nick, same thing. This would be October 17th. Sonia says, and also to join now when prices are at the bottom or the bottom is the best time. I got to tell you that is very true. And then question everything. Why do you buy S coins and then give them away? Let me ask you a question. So how many different influencers do you listen to? Let's say this is the next big thing. You got to get on this thing. It's an awesome, awesome, awesome. And then they get on it and then you get dumped on. At least for this one, I tell you exactly what I bought it at, exactly how much I bought it at. I told you a year ago, you could've got it for free and you're doing good things. It kind of ticks me off that I take these ridiculous questions when I'm trying to do the right thing for the right people. It's amazing to me some days. Today is just one of those days, I guess. So yeah. Yeah. If they're worthless, just go and send them to me. I'll have. You can't. A fool's errand is to make everybody happy. That's just what it goes down to. I don't know, Farah, because I'm a glutton for punishment sometimes. And see, even me, you may notice that I don't get too ticked off too often, but sometimes I do because no one's perfect. Oh, well. Just is what it is. Jake, today, are the NFT sneakers, do they earn more sweat? No, for that game, the game they had as far as like for the NFTs, I think it was all just like you would compete against somebody else to earn and it would just be like the game aspect. It's like a gamification and you would earn more sweat tokens. I don't know. I don't have the game because I don't have the wallet. So once I get the wallet, I can tell you more. I couldn't even, actually, I couldn't even download the wallet because I'm in America and even the sweat team's like, well, we know you've got an early round, the seed round, Rob, but we can't really help with that. Well, it says what it is. Bob Lobless says, hey, Rob, any chance of a crypto myth at the smoke house? Sometime between November 1st and 6th, the wife and all being San Juan? Absolutely. So we leave for Puerto Rico in a week or two and we'll be there with Stephen and his business, the smoke house in Santorce in San Juan, Puerto Rico, where we live. So yeah, I'll do a meetup at that time. Oh, look at that. Paul says, I have sweat coins on uphold and I'm up. That's pretty good. You're doing better than me, Paul. I'm down. I bought it. This is the thing, but this is, you know, I will show you guys one thing. So yesterday, yesterday we went over the portfolio and I kind of, I didn't cheat. I just forgot to say this and I was talking about how my portfolio would do if I, and we went through September 1st. And I said, you know, if I spent a hundred bucks a week on the things that I buy, a hundred bucks a weekly, and some of these I buy daily, some of that I buy every week. I looked at Bitcoin, Ethereum, Doge, Cardano, Solana, Dot, Matic, Adam, Arbitrum, Nier, and Algo. And I said, you know, in September was a pretty good month. I'm actually up, you know, at least more than half or roughly half, actually. I thought, actually, not even true. One, two, three, four, five, one, two, three, four, five, six, seven. I'm actually down 40% for most of my cryptos. A week ago I was up like 60%. And I showed this and people were like, oh, it's not too bad. What I failed to show you guys, which is what I should have, I usually do in some reason I forgot. If I started on January, which I did, and not even here, if you started back in January of this year, right now, you would be really underwater. That's just in 2023, even though it's been a pretty good month, excuse me, a pretty good nine months. And you'd be up on Bitcoin, 2.2, Chainlink would be 12, and then everything else would be in the red. And then if I went back to 2022, which is when I started dollar cost averaging, it would be massively in the red, like I am right now. And as far as what I'm doing, I don't care. The same thing happened in 2018. Same thing happened in 2019. And where I made all my money was just not really caring too much about here. But when I when I hit 2021, and I was buying, you know, Cardano at three cents, Ethereum at $96, Bitcoin at three, four and 5,000, I was down for most of the year. But then when the bull run comes, everything changes. So that will be that little piece for everybody. So there was a couple of great questions. And what I'll do is I'll bring on my special guest, who would be Oleg from Sweatcoin, one of the co-founders. Oleg, thanks for stopping by the show. Hey, Rob. Good to be here. Thanks for inviting me. Yeah. How are you keeping? I'm pretty good. I got a little ticked off during the stream, but it's for a question. And it was a question that I usually don't get too worked up. But today, for some reason, I'm maybe just having a crappy day. So here was what I was looking at. So we went through the video and we talked about it. Well, here's two. Let's start with this. Nicholas says, wasn't the wallet supposed to go live in the US by now? I said no, it'll be October 17th. So I said that there was some things going on behind the scenes. Oleg, tell us what happened? Why didn't we launch last month? Okay. Well, I mean, let's start with a bigger question. Why didn't we launch a year ago? Better question. Yeah. When we went live outside the US and kind of hand on heart, it was a mistake. We have consulted with too many lawyers and some of them were, you know, frankly, just not terribly good. And the advice that we were given is under no circumstances. You should not do absolutely anything in the US. And to be honest, we were very, very fresh and we did not think through how it would happen later on when we actually want to go in the US. And after launch, thanks to you, our community, and, you know, we have a, you know, nearly 30 million users in the US on sweat coin, people started giving me a lot of hard time. Like why aren't we there? Why can't we participate? And Rob, you were one of them. You were, you know, you were understanding, but you were not kind of going, yeah, you know what, I think it's the right decision. You were like, you know, kind of wet, when is it going to be out in turn? So we actually realized that it was a mistake because first of all, our users definitely need us in the US. And, you know, we make you guys more physically active and converting your steps into crypto into sweat is going to make people even more active. If anything, you know, this is the right time to be doing it, you know, kind of finally lockdowns are over and everyone can move absolutely anywhere without any limitations. So it's time to walk. It's time to be physically active. And the other thing that we also realized is that the regulators in the US that everyone is talking about absolutely rightly pursue a goal that, you know, hand on heart we share, which is to protect American investors. Right. And one of the things that, you know, we realized through consultations with good lawyers is that because we actually issue a token in recognition of your physical activity without you having to pull out your card and spend money in order to buy this token, it is very, very difficult for us to cause damages to the American users. It's fundamentally, you know, our project is about making you physically active. And if there is a damage, then it is going to be to your waistline and to your calorie burden, which is quite difficult to actually even call damage. So on the basis of this, we decided that, you know what, there is always a risk. There is an issue with crypto in the US because, you know, kind of regulators right now going left, right at center, but we believe hand on heart that we're coming in peace. We're coming with a very good mission to make Americans fitter and happier. And it is going to be very, very difficult to sort of single us out as a project that is doubling in crypto. And if regulators want to come and have a conversation, I would be absolutely very, very keen to have a conversation and end up being regulated in the US. Gotcha. Well, I gotta tell you, so here's the thing. So sorry, I didn't answer the second part. So yes, we were intending to go live on the 12th of September, but we very quickly realized that there was an issue because you know, Apple announced sort of three weeks before the date that they will be announcing iPhone 15s. And, you know, it's very different, you know, we're in different weight categories. So we decided, you know what, it's actually not terrible wise because it's going to be difficult to drum up awareness is going to be difficult to drum up, you know, kind of any support or any coverage in media. And we decided that, you know, what we'll buy to bullet and we'll go live later and 17th of October seems to be the best date in terms of conflicts with other big events and announcements. Yeah, well, I told you offline ago, no one cares about the new Apple phone. Nobody cares. And then of course, it came out everybody made fun of it like, wow, I'm paying like another thousand bucks for a nicer phone or nicer camera cares. But I mean, it is what it is. So here's so here. So here was the question like so we're talking about making people fit. I love the I love the app. It's great, right? Because I walk my dog every day in the morning. And you know, we go for an hour. So I accumulate sweat coins very happy with that. Here's the question. Here was the question. This is the one that kind of set me off. So question. Everything says, you're giving away worthless coins. Why do you buy S coins and then give them away? So the question that you can probably answer better than I'm answering is this, if we're talking about sweat, because I've never had the wallet, because I'm stuck in America where Gary Gems are protecting me harder. So I know I can stake them, right? I can stake. I can install it now. You're just not going to be able to use it, but you can already have it. Yeah. Yeah. Yeah. So we did the video, we installed it. It's a 15 14 day countdown right now. So I know I can stake it when it comes live. I get rewards where you guys gave away. First of all, I gave away a Tesla. So I said, it must be doing pretty good if you give away Tesla trips around the world. And it's like just freebie stuff that you're giving away for people who hold the token. Then there's the game. And I don't understand the game because I can't play the game, which is sweat hero. So is this like, is this kind of like you, so it says here, you can go against the other person and you can win other sweat coins. So it's kind of like a little bit of a gambling aspect to it. Not gambling, but like, it's a battle. It's a battle. Right. It's a battle. It's a battle game. But instead of battling, you know, by walking, you actually walk on the screen. You know, you can find plenty of videos on YouTube where people, you know, kind of did sneak previews of, you know, gameplay because we do have, yeah, that's, but when you have access to it, you're going to be really, really sort of positively surprised because by now we actually have three lines as opposed to two. And there is quite a lot of nice sort of additional bits and pieces that make gameplay a lot more engaging and exciting. But let me come back to the original question. I think the only person that would make that statement is the person that think that their physical activity is worthless. Right. If you think that your physical activity is worthless, you know, just do me a favor, go elsewhere and, you know, kind of do something else because, you know, I've never met, you know, kind of honestly, somebody that would say, yeah, you know what? I'm going to do this, you know, Aaron for you or, you know, kind of run, you know, a marathon easily. Our physical activity is scarce. It's hard. And it is worth a lot of money for you and for other people. So what we are giving you is not some worthless coin. We're giving you your physical activity, verified and tokenized. And if you don't see value in it, please do me a favor, don't use us. It's as simple as that. Well, okay, so I'll play I'll play devil's advocate. Yeah, that's a good answer. But here's here's devil's advocate, but couldn't I get the free tokens in just the original app itself? Why do I need the crypto part to it? And what does I mean, besides the credit part, do I really need? Yeah, no, absolutely. Because the original coin was issued also on the basis of your physical activity, it was tracked and was verified. Just the tokenomics of that token is completely different. So 1000 steps gives you one sweat coin, right? In the crypto world, the tokenomics are completely different. By now, one sweat is four and a half thousand steps. And it is rising in step value in real time. You know, if I open my sweat wallet, I can tell you that at this very second, the step value of sweat is let me just open it. Okay, is 4563 steps. And, you know, it is constantly changing and constantly rising. Why did we do that? Two reasons. One is our missions to make the world more physically active. When the minting difficulty or step value is constantly rising, this is like halving of Bitcoin, but happening in real time. And that means walking earlier and walking more is more valuable than walking later and walking less. So we want to send a very clear signal that now is better than waiting for a weekend to go for a walk. Running now is better than waiting for a weekend to have your run. So this increases the amount of physical activity that we see. And the second thing that it does, it reduces constantly the emissions in terms of the the actual inflation of monetary mass is getting lower and lower and lower and over time approaches zero, which is even without burns is a very, very attractive token economics. If you add all of those token sinks that we have, and all of those tokens that we buy on the open market using profits from the business, we end up having significant amounts of sweat that are burned on monthly basis. And if you compare total emissions through your steps and unlocks from all the investors versus tokens taken out of the system, the demand is higher. So we have been deflationary for the last three months. How many projects do you know in Web 3 that managed to achieve the deflationary status? Not many. Ethereum is notably has been doing really, really well, but last month, I believe that after six months or seven months, they became inflationary again. It's hard. It really is hard. And that means that you really have to understand token economics, and you really have to basically focus on this. And in Web 2, the equivalent would be to being profitable, not just being big, not just growing, but also profitable. And that is what we have been able to achieve in the years since launch. And with us adding United States and eight other countries and allowing you to walk and engage is going to increase the overall value of the ecosystem of the user base. It's going to allow us to generate even higher revenue that will go into the value of the token because of the open market purchases that we've committed. We've committed to spend 50% of profits on the open market. And we do that. You know what that would, so I'll come back to that. So I think so to come back, well, I'll come back to that part, but then what we're talking about as far as like, is it really, is it, what can I do? If you think about it like this, like you don't need, you don't, if you have the app itself, right, and you're like just like me, a US customer, and we did this in the actual video, we went to the phone and we actually bought things. If you just use the token or the, the non web 3 crypto that is, that is sweat, you can buy a bunch of stuff on there. Like we talked about, like there was, you can get cinematics, you can pay for some things on Netflix. I think there was some tennis shoes and some earphones and just by walking, right? It's great. There's some ads on there that you have to go through, but everybody's on YouTube or Twitter. So I know those ads there as well. But if you just want to do this, that's cool. That's fine. Or you can come over here. And of course, you have the things we just talked about, stake in rewards and sweat here. Then you get a learn and earn pop. There's a learn and earn part. And then you also guys have Fiat on ramp. Yes. So you can actually be swapping tokens near crypto. Well, we also have trade that is sort of an integrated decks inside the wallet. So if we go into utilities, we do have a lot of reasons why our users, you know, kind of walk a lot and acquire sweat. Yeah. And you know, grow jars or, you know, kind of, this is the way we call saking is just one of those things. But, you know, kind of a lot of our users, they walk and every few days, they take the sweat and they put in grow jars because, you know, those are giving you 12% interest annually, which in comparison to most bank accounts, is a pretty darn good deal. Then there is, of course, sweat hero, which is a very, very interesting battle that our users absolutely love, which gives you an opportunity to effectively bet sweat. You bet one sweat, I bet one sweat, then we have a battle and the winner takes 80%. Now 20% is called battle fee, which is effectively a token sink. So it goes into the sweat revenues and then community votes after a period of time. What do we do with this sweat? And so far we had, I think, two or three votes and it's always been burned. So our community is very, very engaged, very active and then understand that, you know, kind of burning or taking tokens out of circulation has positive impact. So there are effectively two pieces to the story of the value of sweat. The long-term story is very simple. It's the value of your physical activity and because nobody will ever argue that it is zero, the way the tokenomics are designed is at some point of time the amount of physical activity that goes into each unit is going to matter so much that it is going to be the main determinant of the value of sweat. And then the price of sweat is going to be effectively what humanity is willing to pay for physical activity today. And that is the long-term vision. Sweat is not some sort of token that has this utility, that utility. Sweat is a tokenized physical activity. However, to bridge this gap from now, when this concept is a little bit alien and not everyone sort of understands and engages with it, into the future, we know we've been on the forefront of this, you know, people, nine, eight years ago, people were telling us, this is a charity. You're going to pay people to walk home. This is not a business. This is stupid. And, you know, right now, nobody loves, you know, because we know that this makes people more physically active. There is a lot of value created. We have contract already with the National Health Service in the UK that pays us to make people diagnosed with diabetes syndrome more physically active because it is incredibly valuable. If you can make these people more active for a period of six months, you can prevent them becoming diabetic. You can prevent them needing insulin for the rest of their life. You can prevent them from having all these sort of consequences of diabetes, which typically results in them dying younger. So the value is absolutely incredible. And not only in years of life and quality of life, but also in actual cash, because you are, as a society, saving hundreds of thousands of dollars of the lifetime in various medical treatments. So, you know, physical activity has incredible value. But coming back to utility, staking, trading, ability to battle other users, so engage on day to day with a lot of other users and basically have fun in the world. Absolutely. Gamification. Learn and earn. More than 90% of our users are brand new to AppStrategy. They are learning a lot of very interesting things that they didn't know from Learn and Earn. And they're not just acquiring this information. They are also earning from it. So, you know, they're acquiring knowledge and some wealth. And this gives us an opportunity to introduce to this audience other projects that have really, really good message and really good product for early adopters, not in terms of being the first ones, but being early in the process. And all of a sudden, we can actually monetize and this project is paying us for getting exposure to millions of new web three users. So, this gives us an opportunity to generate additional revenue that other projects cannot generate. So, that's why growing and launching in the US and adding few hundred thousand or millions of users is going to increase the value of the whole ecosystem. Yeah, essentially like, so let's take, so you can take like YouTube. So, YouTube generates this much revenue from advertisers. Though, that revenue goes into Google. Google will also pay out to people like me or if you have, if you have things monetized. So, what you guys are doing is essentially is going, they're going to pay us because we're going to attract these different brands. We're going to attract these National Institute of Health. We're going to attract these people who want to, you know, be in front of you, but instead of just putting in our pocket and then putting, you know, into influencers or educators, we're going to do a little bit into our foundation and we're going to give the value back to you in Sweatcoin. Sweatcoin can go up in value as people use it for the on-ramp, the gambling aspect, the, what was the other thing you said about? Trading. Trading. Thank you. So, but before we go on, people are going to ask this question. I have to ask this because I have to be very careful, which is you talked about that it wasn't National Institute of Health, but it was in England, right? Yeah, National Health Service and NHS. So, people are going to say, ah, there you go. What they're doing right there is Sweat Economy is selling your data to the, you know, this national organization. And we talked about this in the deep dive, but I want to make sure everybody gets this crystal clear before we move forward. How does that work as far as getting that in the hands of diabetics, people with vascular disease, people with obesity, people with high aim, whatever else it is. How does that work for you guys to get paid from a national organization? Do you sell the data? Or do you guys? No, no, we never did. We do not do it and we never will. Because, I mean, where do I start? We are a European company. The data that we hold is residing in Europe on purpose because that makes it GDPR bound. And GDPR is the most draconian privacy-protected laws around the world. And we adhere to them to a T, probably a bit more of them. Because we genuinely do not believe that this data belongs to us and we can give it or sell it to anybody else. And we'll get to kind of where we headed with this. Because we do have a big plan, but first and foremost, it never happened. It doesn't happen and it never will happen. And the way the business works with NHS is NHS pays us to take patients into our app and form specific groups with access to specific marketplaces that kind of maximize motivation of these people to work with each other and to claim those rewards. So mechanics are exactly the same as if you were installing the app from the app store. The rewards, as I said, might be slightly different and we achieve this by making sure that we put next to the name of the patient a separate flag that opens for them an additional tab in the marketplace. No data is taken from us and passed onto NHS. And this has never been the business model that we practice. Now, do we have a plan for the data going forward? Absolutely. But we think that it is going to be you who is going to be decided how to proceed. We are practicing now quite a lot of different votes. Governance votes, for example, entering into the US has been the biggest governance vote ever held in Web3 history. 380,000 members of our community have participated in it. And they said yes, and they allocated its budget to support this launch. Now, we are constantly running those and we are learning what mechanics work and we are also thinking how are we going to structure the future now? You know, is it going to be direct democracy or is it going to be representative democracy? We are having a lot of these conversations and we are in the process now of drafting what we call constitution. And, you know, we will probably within the next few weeks put it into, you know, discussion with the community to kind of see what your reactions are. But that aside, once we decentralize, we believe that this data has a lot of value first and foremost for you. And if you decide to flick a switch and make your data available for third parties to analyze, then you can earn money from it with now for providing the, you know, data union services earning a small chunk that goes effectively into the value of the token. But never will we do something like that without a governance vote and without you deciding about your data yourself. Okay, so that's a good comprehensive answer. And then we'll finish up with a couple of ones. Ryan says I've been trying to sell my sweat for years, probably an American like myself. I mean, if you want to sell them, you can sell them. But again, this comes down to whatever you want to do. If you want to play, if you want to be a trader, that's up to you. Or if you want to hold on for a while, sure. Or if you want to hold on forever, it's up to you. And then Trent asked the question to sweat have advantages over stepping. So stepping I had one of those, it was an NFT for stepping. I paid a lot of money for it. It worked. And you got stepping tokens, the value, of course, the NFT, if the NFT goes up, you're doing great. Everybody's happy, right? But that it's not what happened with me. And in the bear market, it fell pretty precipitously. And that's, of course, that's really, you got to, you got to pay, you got to pay to sweat, essentially, which is what we're kind of used to I think in the in the American around the world is like, you got to pay for a gym membership, but you don't have to with with sweat coin. 100% free. Oleg, how do you see it as far as the difference between stepping and sweat? I mean, hand on heart, I think that, you know, stepping should have spent few moments designing the token economics because from a mile away, it was very clear that it was Ponzi kind of specifically, you had to, as Rob said, you had to buy an NFT at the door. The only reason why you buy that NFT is because you expect to earn more out of it than you paid for that NFT. But where does the project that makes money by selling NFTs gets more money than you paid for your NFT to give back to you? And where do they get cash to cover their own costs? It's a Ponzi because the next person has to buy an NFT so that you get your extra and they cover costs of their servers and their salaries, etc. So if they would have spent a little bit more time, I think that they would have had a lot more robust business model. Our business model is completely different. Like, you know, you put it 180 degrees and that's us. It's free to come in, you don't pay anything for your app, and it's free to use. And what we do is we issue you these tokens that are backed by the value that we generate by attracting revenues from other parties that are interested in your physical activity and in your attention. Let me draw a parallel that will explain it very well, I think. But 150 years, it took humanity to build attention economy. We're all familiar with it, right? So you give your attention and in response, you get three products. It's quite interesting that attention and physical activity have an incredible number of parallels. First of all, it's valuable to you. Attention, it's valuable because everything new knowledge, new people, I don't know, new transaction, new ability to buy anything starts with you paying attention. And your attention is extremely valuable to third parties like advertisers who are willing to pay for it. Physical activity is extremely similar in that respect. It makes you healthier, it makes you fitter, it makes you live longer. And there are third parties that are willing to pay for it. Healthcare providers, insurers, your employer, and ultimately countries because you know what, if you're going to live longer, the tax revenue is going to be high. So it's actually quite an interesting business for them. And what also is interesting is both attention and physical activity are scarce. They are not unlimited. Now, if we were able over 150 years to build an economy of $7 trillion, and that is an attention economy, why would movement economy, economy build around physical activity would be any smaller than that? Now, that's what we're building. SWEAT is that token that tokenizes physical activity and powers all of those transactions. And notice that attention economy is seven times bigger than the whole crypto altogether. Bitcoin, Ethereum, absolutely everything. So the vision and the ambition of what we're building is way beyond, you know, taking small percentage of crypto. We will together be able to grow the whole crypto market because blockchain is not just about speculation. It's not just about getting some kind of slick financial asset. It is about creating new asset classes that did not exist before. And physical activity is certainly one of them. Got it. Yeah. And I've seen every time about the different advert, the advertisers, which is what they are, the products placement that you have on the app, you've got like Adidas, you've got Amazon, you've got hair care products, you've got electronics, you've got all these different things, and they're all vying for attention. And they want to pay for where the eyeballs are. That's why advertisers pay so much on YouTube, because that's where all the eyeballs are. That's where it's either going for YouTube or Twitter or TikTok or some other places. And that's why that revenue, I got to tell you, like, you should, or if you're after physical, physically active people, yeah, then you come to us. Well, yeah, you don't come to Twitter too much because people would just doom scrolling all day long. I know, because I have that same problem. See, if you guys just would have stuck with, because you guys have been around for years, right? Six, seven years, 120 million different. Nine years. We started in 2014. Yeah. If you just would have stuck, I mean, with the old model, we're pretty great, because you had all those things you have to share with anybody. It just went to you guys. And now, of course, you got to share it with us because you guys made a crypto product. So interesting, very interesting. No, absolutely. And this is one of those grudges that I have with advertising economy, because our attention economy, you know, do you think that all the big tech would have such capitalizations if they shared full value of your attention with you? Yeah. Yeah. And basically, what happened is they took full value of your attention, and they returned to you a tiny fraction of it in the shape of free product, and they kept everything in their pockets. Now, I think that this can be done a lot better. And the Lord Farah, if we as central bank that basically verifies physical activity, take tiny little percentage of it, but majority of value goes back to those people who actually conducted this physical activity, brought it into the network. Got it. All right, I got it. The last thing we'll do is because we're talking about tokenomics, not too long ago, right? We're talking about, you know, Ponzi Nomics versus tokenomics, just real quick, because I was trying to explain this, I think I did okay. But talk to us real quick about this is from CoinGecko. This might not be 100% accurate, but they pulled this data from I think you guys, obviously, obviously from you guys. So talk to us about the different percentage breakdown because the seed rounds in private sale, that was me. One of these I got in there because I bought, I bought a sweat coin for a penny and a half. What was 0.014? So the community, so Craig, I'm wrong. The community 24, 25% is that for the market makers and the different tokens that you have to put in for the decentralized and decentralized exchanges or is there something else that goes to the community like staking or something else? So community, if you look at private sale and seed rounds, these are the only tokens that actually have changed talents. This was effectively a fundraise. Team of advisors, I think is reasonably straightforward. Community is what ended up being distributed to users on the 12th of September 2022. And right now, we're effectively adding because this was tokenomics or distribution of tokens at launch, which was 21 billion sweat. By now, because millions and millions of people are walking, the actual total number of tokens in existence is 22. something billion sweat. So 1.0 billion sweat got generated by steps. And it took us some time to generate token sinks and demand in order to start offsetting it. And as I said, from July this year, we were deflationing, which means that tokens hitting the market are actually fewer than tokens leaving the market. Because the burns and the buybacks and all that stuff, right? Exactly. And all the market makers were effectively served out of foundation treasury because it is responsibility of the foundation to make that everything works. And foundation supplied tokens to market makers. By the way, we do have a very, very unique way of working with market makers, those that understand. We never took, I think they called call option loans, basically method where you give a lot of tokens to market makers and they, you know, kind of do whatever they want. We don't work with our market makers on the profit share and either because we believe it's bad for the community. We have a complete retainer and we supply liquidity to market makers. And they just market make, which means that if you place an order, they will execute this order from the other side, but they're not trying to do anything that affects the price or that tries to generate profit because the only source of profit is going to be community. So this was one of the main principles of our negotiation with market makers. Yeah, because I remember when you guys did that, it was the largest, because this community part where you said that, you know, after like seven, eight years in business, you had to take all those tokens that were generated from all those years and put those, the free sweat to the sweet, to the crypto. More than 10 million accounts that were generated on NIR, it was by far the biggest TGE token generation event in Web3 history. And this is why I'm so bullish on NIR because they, it was, this was all built on NIR and NIR didn't slow down, have a blip, have a crash. It didn't go offline. It actually held up fantastically well during this whole time. I thought if they can do that, they should do well. Now, the NIR token is I think undervalued, but that's just my philosophy. And of course, I could be wrong. Talk to us real quick about the ecosystem then. Ecosystem itself, how does it, where does this go for? I need to remind myself, so the, is this for staking or is it, because the sweat code treasury, I believe is like everything you guys have to do to keep the lights on. You got to pay for developers, you got to pay for the advancements and things like that. You know what? Can I, you know, I don't want to blur, blurp it out because I honestly, my mind just went blank. I do not remember, but what I'll do, I'll get this info and I'll send it to you. And maybe you can add it into comments, you know, kind of to, to make sure that if people want an answer, they will get an answer. I promise that I'll get that to you. I'm not too concerned about 7%. What I was big, bigly concerned about was the big chunks, and that's what she answered. So I'm happy. All right. So everybody, so we are coming up on an hour. Oli's got things to do. I got some stuff to do myself. But that, I want to thank everybody for sticking around. I know that was a little bit, a lot of one information on one specific product, which we usually don't do too much, but I like this product. And of course, you guys know I'm biased, but that's just the truth. So Oli, thanks for stopping by any last words of wisdom for the people out there. Just GM get moving and you don't have to do it only in the morning. You know, you can do it right now, you know, in the afternoon. Now, Rob, thank you very much for having me and giving me an opportunity to address some of these questions and concerns. Let me jump on that ecosystem question and shoot your response in a second. Excellent. Well, thank you. All right, buddy. So thanks so much for stopping by, like and subscribe. All that good stuff and we'll see you guys on the next one. Have a good day, everybody. Thank you. Thank you very much.