Founder of Vandex, think of it like an agency essentially for the blockchain space.

They've got 42 full-time employees launched in 2013, raised 500 grand a couple years ago.

Him and his business partner still owned 90% of the company.

However, they did do a token sale and raised $30 million.

That was the value of the ether.

They sold kind of at the time.

They liquidated about 60%.

So about $15 million in Fiat at the time. They liquidated about 60%. So about 15 million bucks in Fiat

at that time. Good thing they did because now the price is obviously down to 13 million bucks

just because ether's obviously sank. He does think some of these values could go down much,

much lower than they are today, but he's prepared to kind of write it out with a new mechanism.

He's invented to launch a few of his SaaS products he's got in the pipeline for blockchain enthusiasts.

Hello, everyone. My guest today is Kevin Hobbs. He's a technology founder, recognized leader in the blockchain ecosystem and currently the CEO of Ether Party and Vanbex Group.

As an early entry into the cryptocurrency and blockchain technology space, he's a veteran of the

industry and has led the group of companies into becoming one of the largest blockchain

solution providers in Vancouver. Kevin, are you ready to take us to the top? Thanks, Nathan. Yeah, I am. All right. So,

you know, a lot of people who I would say are earlier adopters really understand blockchain.

I would say mass market really doesn't yet. So try and dumb Vanbex down for us as best you can.

What's the company do related to blockchain? I mean, if you really want me to put it in layman's terms, what we do is we help

incubate companies in the blockchain space. We help teach them about what they're trying to do,

help them build the foundation of the blockchain business that they might have in the future.

Okay.

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