Jonas Rubel Co-founder of Liquiditeam with Matt Bird at the World Economic Forum | ESG News
Jonas Rubel, Co-founder of Liquiditeam with Matt Bird at World Economic Forum (Davos, Switzerland)
- Liquiditeam connects tokenization with professional sports
- Liquiditeam uses innovative blockchain solutions for financing and fan engagement
- Liquiditeam enables athletes and teams to issue tokens to fans
INTERVIEW TRANSCRIPTS: Jonas Rubel, Co-founder of Liquiditeam with Matt Bird
Matt Bird – Show Host, Traders Network Show: 00:00
Welcome back to the Traders Network Show broadcasting worldwide from Davos, Switzerland. I’m your host Matt Bird. We’re here at the 2020 World Economic Forum. And my next guest is Jonas Rubel. He’s the co-founder of Liquiditeam and that is my WhatsApp going off. Jonas, welcome to the show. So, Liquiditeam, sports, tokenization, fandom management fan engagement. Tell us a little bit about what you’re doing there.
Jonas Rubel – Co-founder, Liquiditeam: 00:29
Well so basically, we offer professional sports teams and athletes to issue tokens and they can be used to either raise capital or increase the fan engagement. Ideally they can do both. Which is a pretty common practice among German teams over the last couple of years. Several of them have issued a bond that fans signed. And just the most recent one was the hamburger as power that gave out a bond over 17.5 million that was signed within one day by its fans. But then people basically just get a paper certificate that they put on their wall and not much more when they issue a security token, then you can put into those tokens additional features like voting rights, you can give discounts on tickets, discounts on merch. So there’s a lot of, there’s a huge option space that you can explore and it’s basically up to the club to decide what they want to offer their fans.
Matt Bird – Show Host, Traders Network Show: 01:18
So there’s officers could be dynamic. It did not necessarily, I mean I remember as a child, my father bought me a one share of the Boston Celtics when they were about to go under. And also then remember Disney we bought, he bought me an a share of Disney and I still have them one share. But you can’t really do anything with them. You’re telling me basically those shares are not dynamic. If they were issued as a token and it could be updated with other features.
Jonas Rubel – Co-founder, Liquiditeam: 01:45
Basically. That’s exactly what you can do. I mean, you just put an app on your phone, you load your, but wallet balance, Oh, you’re talking balance. And then the Clapton can decide, okay, if a user is at least 100 tokens to get access to event X you might get discounts as I said. You can also do like live Q and A’s where only token holders can ask questions and everybody else is only allowed to listen in. So basically there it kind of depends on what the club wants to do and also what they can offer with the existing infrastructure that they have. Because for example, ticketing is something where they usually have contractual obligations with ticketing providers. So they’re, you always need to do it on a case by case basis, but generally that’s the idea. Do fundraising and at the same time offer them tools.
Matt Bird – Show Host, Traders Network Show: 02:34
Adoption wise, how far along are you in the, in the developed side?
Jonas Rubel – Co-founder, Liquiditeam: 02:37
On the developer side of things, we have basically everything in the draw that we need. We know who we’re going to work with. We have we have a pretty solid plan for that. Right now we’re waiting for our first client. The sales process with football clubs. Right now is it’s more of a consulting project because when you tell them about security tokens, then they’re going to ask you like at security what? So you have to take him by the hand and lead them through what this is that they, that they should offer. And it’s not like you can just tell them, Hey, well for tokenization and they’re like, yes, I’ll buy your product. But we’re really confident that we can sign with the first client in 2020 talking to several clubs right now. And all of them are super interested. But when you talk to the CEO, then he has to get back to his legal team, to his financial team, to the marketing division.
Matt Bird – Show Host, Traders Network Show: 03:17
So, you know, that’s the whole gig with the security tokens these days. Right?
Jonas Rubel – Co-founder, Liquiditeam: 03:29
Yeah. And at least, I mean, what we’re really happy about is that Germany is a really a pretty straight forward jurisdiction when it comes to security tokens. In 2019, we had four STOs. They were approved by the Baffin. And so by now it’s pretty clear how you need to structure the security token sale in order to be compliant and yeah, we benefit immensely from those pioneers that launched the first ones.
Matt Bird – Show Host, Traders Network Show: 03:52
You know, I got a buddy of mine who has a crypto fund in and Frankfurt Blockwall. I don’t know if you’ve crossed paths with them. My buddy Dominick, you should meet him. You guys are probably in the st in the same area. But so if anyone was to know a little bit more about how to get involved with, because I think it’s a terrific idea. We’ve interviewed a number of people in the blockchain and crypto space. We mainly when we do is in the enterprise level, but you’re doing enterprise level integration adoption. How do people get involved with this and they want to get involved?
Jonas Rubel – Co-founder, Liquiditeam: 04:22
Well, the best would be to follow us on Twitter. We write, I would, I would call it quality content. Everybody can make up their own mind about it. We have a blog on medium and Twitter is the medium. We use most for communication. I mean we do have a LinkedIn, but Twitter is where it’s at.
Matt Bird – Show Host, Traders Network Show: 04:42
It gets out there pretty quick on Twitter. Well listen, Jonas, I know you got to go, I’m going to ask you one more question then we have a cut to commercial break and we’re wrapping up for the day here at Caspian week. What can we expect next from Liquiditeam in the next, let’s say one year, three years?
Jonas Rubel – Co-founder, Liquiditeam: 04:59
Well, one year I hope we can announce the first client. That would be the ultimate goal. And I think once this gains traction and once other clubs see what you can do, and I mean, this is assuming that the first project is successful, which I’m quite confident in. I think there will be more clients interested also from the broader European market. And I mean, they spent it in Winnie case that just launched his security talking. The NBA player spends it in witty. He just tokenized 40% of his three year contract and starting the 13th of January. So basically that’s the use case that we can point at right now and tell guys, Hey, this is not just fantasy. People are doing it. And so let’s move this to the European market.
Matt Bird – Show Host, Traders Network Show: 05:38
Oh, fantasy and football are a big thing in the United States. So that’s it. Good keywords to put together. Listen, Jonas, thanks so much for coming on. Jonas Ruble is the co-founder of Liquiditeam, fan engagement and fundraising for sports. It’s wonderful. Listen, thanks for coming on. Specially shout out to our affiliate partners, ABC, NBC, Fox, CBS. I’m Matt Bird with Traders Network Show broadcasting with Equities News. We’ll be back after this. I have lost my voice. We’re about to go out in the cold tundra. Get out of this place for a little bit. Don’t go away, Guns N’ Roses is next.