This week on episode 251 of the BlockHash Podcast, we have a new episode featuring an interview with one of the founders of BlockHash and a new founder from the blockchain industry.
Founder Lee Betts and Brandon Zemp go into detail on Backed.Finance, a platform that allows you to back private companies and benefit as they grow with CompanyCoins. Any private company can create a free profile and their own CompanyCoin. The coin price goes up exponentially as more people buy in.
Every time you buy a company’s coin, you pay a 10% gratuity fee. That 10% is sent directly to the company’s wallet and they get to keep it. That helps them grow, which in turn helps to drive up the value of your coins.
The supply of BKD is capped at 6m tokens, making it naturally scarce. During the ICO phase, the price of BKD will double for every 500,000 coins distributed.
Check out the episode on blockhashpodcast.com and at the link below. 👇