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by wyldfire
2690 days ago
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> I am skeptical of tokens especially now that the crypto-bubble has burst. If the tokens are issued and eventually listed, what are the economics of how or why the price would actually rise? On one hand, offering tokens is a great way to avoid the cost of trading stock on an exchange. OTOH startups are so very rarely publicly traded that it's moot. Also, the world of tokens is rife with scams and P&D nonsense. It would be very exceptional to find a token that's legitimate. > what are the economics of how or why the price would actually rise? If the company creates value (or even the perception of value), it may indeed rise. Of course, it's critical to determine the relationship between the Real Equity and these tokens. Right now the company has some amount of ownership represented by some kind of paper-trail "tokens." How will this be altered/diluted to issue the tokens? Will the tokens completely convert/supersede the existing equity representation? It's probably moot, really, since so many tokens are scams. > Does anyone know of any good resources on this kind of compensation? You should consider this part of your compensation to be null -- like lottery tickets that are one-in-a-million shots. |
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