Assertion certainty 4/5 debate potential 2/5

DeLeo: TrustChain is onboarding a copper deal worth $200k in fees

Giancarlo DeLeo · SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers · Mar 11, 2022 · at 10:32

Giancarlo DeLeo, co-founder of TrustChain Global, explains how commodity transaction fees complement their recurring SaaS model.

0:00 / 0:15exact quote · 15.8s
720p mp4 · rendered on demand · StarZero watermark
“So like the copper deal that we're bringing on board, the services fee that we're charging them, not just the monthly, but the other fees of like the escrow and the other pieces like that. And the procurement fee that we're doing that though, that one deal is a 200 K deal for us.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Giancarlo DeLeo

Opinion
DeLeo: Web3 blockchain enables seamless digital tracking of commodity ownership
“Moving into a web three point O blockchain kind of model, then the ownership and the title will move very easily over that. And it'd be tracked properly and it will be done in a digital manner versus the way that happens now.”
Giancarlo DeLeo Mar 11, 2022 ▶ 3:13 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Disclosure
DeLeo: TrustChain's main revenue will come from escrow and paymaster fees
“Because our main, our business, our main business model is them using our escrow and pay master services. That's where we are a bank where we're modeling on. That's where our main revenue is going to be coming from, where they're at. We're actually acting as t…”
Giancarlo DeLeo Mar 11, 2022 ▶ 7:14 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Disclosure
DeLeo: TrustChain raised $350k in its pre-seed round
“Right there, we raised 350,000 U.S.”
Giancarlo DeLeo Mar 11, 2022 ▶ 9:56 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Disclosure
DeLeo: TrustChain expanded from KYC SaaS into an escrow platform
“We started off as a SaaS play thinking that, you know, we're going to do a bunch of services that would be great for people in the commodities industry and realizing that it needs to grow into that and it needs to change the platform really quickly after custo…”
Giancarlo DeLeo Mar 11, 2022 ▶ 1:35 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Disclosure
DeLeo: TrustChain charges $199 per month for platform access
“So right now that's 199 dollars a month that they used to do that.”
Giancarlo DeLeo Mar 11, 2022 ▶ 5:34 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Disclosure
DeLeo: TrustChain has exactly five total paying customers
“We have five customers in total right now.”
Giancarlo DeLeo Mar 11, 2022 ▶ 5:57 SaaS Startup Raises at $3m Valuation Helping Precious Metal Dealers Verify Buyers and Sellers
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.