ISUFI: So, the way we structure our business is very simple. We wanted to have an investment
vehicle structured as a traditional C Corp in order to get investors and return on investment.
But this company has only one asset and it's the technology. It owns the IP of the technology,
although our technology is entirely based on blockchain. And, as you can understand, there's
three types of property within a blockchain. There's the IP of the technology itself,
there's the data, and there's the smart contract. So the IP is owned by Eva Global which is
the kind of a franchisor, the data is solely owned by the social franchise, so the co-op,
and then the smart contract is governed by the social franchises and future social franchises
who will be and who are nodes within the blockchain. So think of Eva
as a social responsible McDonald's in which every local McDonald is owned by the employees
and the McDonald corporation owning the menu of the Big Mac. That's about it. So we're creating
this interdependent link between the social franchise, the franchisor, and we're enabling
an ecosystem in which we can get funding so that we can realize our objectives. And what are
those? Well, it's to create an empire of co-ops, because we believe we're building the great tools
for driver communities, local taxi companies, local delivery companies, to literally own their
own means of production, and sustain their own economy, instead of having to work for a
dehumanizing platform which takes 25% commission, or even more, for instance. We're were allowing
basically a simple driver to drive for himself, to own his own data, to manage his own policies
the way he thinks it should be. And at the end of the day the goal is to have a very local growth
but a global scaling. This very new concept of platform cooperativism
is cool. It's cool in the sense that it will allow [a] true sharing economy. Because what
Uber did and RBD did it's not sharing economy. It's pulling in the form of a [...] competition
to digital platform. Sharing economy is the use of excess capacity. It's
the use rather than ownership. It's the multiplicity of functions. But above all,
it's the removal of any middlemen. And Uber and RDB are middlemen, and are useless middlemen.
25% per transaction to only provide a platform it's awful. To me it's awful. I personally
don't know how it is acceptable, socially acceptable. Like, to me it's a scandal. And
what we're doing with Eva we're pretty pragmatic in the sense that we could sit and just think
in theory of the best way to change our world. Because we essentially have two major issues,
one being the climate change, second one being the centralization of wealth.
And these two issues aren't about opinions, they're basically just factual.
And, by the way, they go hand in hand together. You cannot solve one without solving the other.
Like, you need to tackle both. And I feel that us aligning our social franchising system
with social franchises being members owned co-ops and having this c-corp to a group investment
is a perfect match. It's the perfect balance. All this, intertwined within
our blockchain technology, is the perfect balance to grow and to attack the market.