Hacker News new | ask | show | jobs
by Throwaway32904 2690 days ago
Most blockchain startups fizzle. The likelihood of these tokens ever becoming valuable is very small. Moreover, even if they do amount to something, you'd need to examine how your compensation is worded - are you getting "X tokens" or "$X value of tokens"? If it's the former, why does "X" mean anything? The unit value of each token may mean that X is worth pennies. If it's "$X value of tokens", when/how is X calculated?

This is the equivalent of saying, "I have a great idea for a startup. I can't pay you or code, but if we make it big, you'll be rich!"