Supported by the revolutionary blockchain technology, the Knowbella platform is ready to break the monopoly of large institutions and organizations that exploit researchers and scientists all over the world. The mission is clear and to provide researchers and scientists with open access to intellectual property, scholarships and laboratory equipment, career opportunities, communication tools and share their knowledge with other fields. The disruptive idea of bringing collaboration back to science and contributing to the global STEM community is also supported by a very strong business model.
I spoke with Jason E. Barkeloo, founder and CEO of Knowbella Tech, as he talked about his military background, how he uses the blockchain to solve a real world problem and the challenges he has faced so far.
- Tell us about your background and how you were introduced to the blockchain?
Jason: I completed a career in the United States Army, with the last laboratory station for the Walter Reed Army Research Institute. Then I went to the troops for the teacher program, teaching the inner city science at the high school level and eventually I became an entrepreneur and developed a couple of technologies. I launched five startups, I had only one exit and I was an investor, speaker and researcher.
I have a fairly large background in a series of different areas. I started watching blockchain when bitcoin came out, just after the Satoshi article was written. I watched this space for a while and then I decided it was time to integrate this technology into my latest company which is a scientific crowd-sourcing platform that provides free intellectual property, tools, services and work to scientists of all the world. the world, in particular the subservices in Asia, Africa and Latin America. Researchers collaborate on the platform that is an open scientific collaboration platform and while scientists collaborate on the platform, earn cryptocurrency, what we call Anthro Tokens and those Anthro Tokens become a model of exchange within and outside the network and this is a utility token. We are also launching an offer of security tokens to sell the Helix Tokens, which are guaranteed by the company's equity security and this is a quick background on what I have been and what I am doing.
- Great! Why did you choose the blocking technology to build the platform?
Jason: The reason why blockchain from my point of view originally concerned security. I've been involved in trusted computing for a number of years and I'm very interested in what's happening in the security space. Data archiving is something that I'm very interested in and blockchain is an elegant way to store data in a decentralized manner that has brought security. It was something that I was very interested in and eventually incorporated into my open scientific platform.
- Tell us about the challenges you are facing right now regarding the Knowbella Tech platform?
Jason: As an entrepreneur, the single main obstacle is funding and the second biggest is always finding the right team members and these two go hand in hand. Without funding, you can not create a good team and a good team is what allows you to run and generate revenue. At the end of the day, there must be a business, it must be sustainable and must provide an ROI. People must understand that blockchain is an instrument and anyone who falls in love with it often forgets to have a business behind it that provides a return on investment. These people are those who really struggle in trying to raise capital, what we call professional money.
- About funding, how many funds have you collected so far?
Jason: We raised $ 245,000 and this brought us to MVP. We are now in our seed round and our seed round will allow us to launch our security token (STO) offer. STO will be used to scale the platform, make some improvements, start bringing scientists to the platform, provide them with these free tools and services and reward them in cryptocurrency.
- Being CEO and founder of Knowbella Tech, what are you doing these days?
Jason: The number one is raising capital, so 99.9% of my time is dedicated to raising capital. The rest of 0.01% is everything else that goes from attracting intellectual property, looking for team members, making sure that the platform is successfully eradicated and all other things that support capital raising.
- You said you're trying to raise capital, is your bottleneck right now?
Jason: No, there's really no bottleneck. Collecting capital is a time-consuming business and anyone who says no has never had the experience of raising capital because you have to show an ROI and a path to a ROI. For us we have two paths, one is the potential acquisition and the second is to bring to the public and one of these will happen as a result of our success. Our goal is to succeed and then have this result as a side effect. Most of the investors I deal with look very much like the double bottom, they like the fact that we are providing intellectual property to underdeveloped scientists and allowing those scientists to create their communities in a decentralized way as a driver for economic development. They like the goodness we do and then also appreciate the fact that we have a path to a ROI.