Ico team salaries

[cryptomartin]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

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[shifty30]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

whatever the ICO manage to raise divided by the amount of team-members

[YodaYoda]

whatever the ICO manage to raise divided by the amount of team-members

Haha! Great one!

To answer the question: if you are a founder, then you should not even take out a salary. The ICO tokens you get is the compensation you should enjoy, and the tokens should be distributed in a vested form, with a long term vesting period and cliff issuance.   If you take out any salary, it should be well below market salary, imho. If you go over market salary, and you don't produce in the ICO, then investors can go after you legally.

[stupid_seb]

In the startup world, investors ask for a VESTING of shares, meaning that you can only sell your shares AFTER a certain period of time.
You get a salary in line with the region/job you are in.

[HashieNewb]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

It’s all about how the team does their project. If the main developer wanted to pay everyone monthly then he would set up some kind of payment schedule that will allow the workers to get paid weekly or monthly. Usually the people that run the ICO’s like to pay everything upfront so they divide the coins right when the ICO is over, if the person doing the project is smart he would know about the amount that will be distributed before the ICO is over.

[Alternative]

I think that is not that much, because usually there are many people involved, and beside the salaries there are also other expenses that need to be covered by the budget. Their salaries are probably good, but do not dream that is not 50 000$ per month !

[freew5660]

I don't think their salaries high. But they have benefits of tokens. They could sell those, it's like a stock as big compainies.

[stupid_seb]

I don't think their salaries high. But they have benefits of tokens. They could sell those, it's like a stock as big compainies.

That's the main issue: the Tokens have no vesting period. They can cash out immediately for personal enrichment.

[freew5660]

I don't think their salaries high. But they have benefits of tokens. They could sell those, it's like a stock as big compainies.

That's the main issue: the Tokens have no vesting period. They can cash out immediately for personal enrichment.

I guess even if the tokens will be locked for a while, still there is huge benefits for the teams. 6 months or 1 year, if the project survive that long then the teams get rich

[HashieNewb]

I don't think their salaries high. But they have benefits of tokens. They could sell those, it's like a stock as big compainies.

People that are working with the coin don’t really sell their tokens from what I noticed. Maybe they get paid on the side in Bitcoin or something because the wallets that most workers have are usually posted to the public since people wonder if the coin will receive a dump from the dev’s. People might not be doing that now though the question from the OP is an interesting one since the coins don’t really move.

[Tahir Khan]

I don't think their salaries high. But they have benefits of tokens. They could sell those, it's like a stock as big compainies.

People that are working with the coin don’t really sell their tokens from what I noticed. Maybe they get paid on the side in Bitcoin or something because the wallets that most workers have are usually posted to the public since people wonder if the coin will receive a dump from the dev’s. People might not be doing that now though the question from the OP is an interesting one since the coins don’t really move.

I Think The Teams Salary Should BE Based On Business

[zidorov]

As for the community managers and other assistants, you can try to find them among university students.

They are usually more eager to work for free for an interesting ideas.

You can approach them in the university by coming to the meetings of accelerators/incubators based in the university/college

[pey]

I think it is same with startups in other industries. Most projects yet give a lot of money as token because at least 1/10 of the supply is reserved for the team in every project.

[Hamphser]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

Usually when you do saw the partition of those coins on a certain ICO we would really always see the allocation for its development team.This would depend on how much they would allocate for the team.Some maybe on big % some maybe lesser which i would say that would depend on the owner itself.Amounts?Would really vary if they are being offered to paid up first on bitcoin or on just the token itself.

[baam25]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

I think this is part of the whole issue with ICO as they stand today. There is really a lack of transparency and regulations. Really right now they can do anything they can take the money and run - however I think in the future this will be important.

I mean we don't need to do everything specifically but in terms of having some accountability, that is currently lacking in the ICO environment

[12retepnat34]

I'm also curious about the salary but I think it is not good idea to share thus amount here in public! I know it huge amount because to make an ICO is a very challenging and not an easy job for them.

[Joel_Jantsen]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

Depends on the team.Not every team follows the same payment structure.Most of the ICO's have amounts divided into %'s according to the position like developer/manager etc.Obvious to say,Founder/CO-Founder get the highest shares.

whatever the ICO manage to raise divided by the amount of team-members

Not exactly! Most of the ICO's keep the amount as an investment to scale the project.That is hire new developers,marketing etc.

[13abyknight]

whatever the ICO manage to raise divided by the amount of team-members

Haha! Great one!

To answer the question: if you are a founder, then you should not even take out a salary. The ICO tokens you get is the compensation you should enjoy, and the tokens should be distributed in a vested form, with a long term vesting period and cliff issuance.   If you take out any salary, it should be well below market salary, imho. If you go over market salary, and you don't produce in the ICO, then investors can go after you legally.

Very well said. The whole point of ICOs is to raise funds towards project development and not even a part of funds raised should be taken as the 'salary' for anyone either the employer or the people working under him. Most ICOs hold a good amount of coins for 'the team' and this should be their takeaway from the project for all the work they would have put into it. It would be a blunder if the funds raised in the ICO were termed 'salaries' for the team and they fail to show any signs of developments towards the project at hand which is happening with a lot of projects lately.

[tsaroz]

It really depends on the post you are in and the nature of ICO.
ICO generally is for established platform or startups.
There are also fake companies and startups coming up with ICOs.
And an ICO involves many post that may or may not relate to the company and maybe for short or long term.

[carlisle1]

not sure but I guess it will be depend on how the project became successful or they got an agreement between the main dev and the members of the core
some of them might be in percentage and some might be equally divided or depends according to your role.

[okissabam]

I think they settle a certain amount for paying the important people, of course the salaries would depend on the level of experience you have and I highly doubt anyone would divulge and tell how much their salaries are. But if you have the guts to ask this question to the people involved then why not try then. Why were you curious in the first place? Are you trying to apply for the said position?

[imutlinda]

Until now I have never know how the calculations are given to the teams in ico. But in my mind they are paid based on the idea of ​​the project they are making and develop how much the project will grow in the future as well as their experience which I think will make them a Get paid big. Because a good person's experience will increase her credentials

[injoin]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

For ico teams, it would be right to focus on the self-worth that the team develops rather than on salaries. It is a good ecosystem to work together enthusiastically to raise the value of issued token. The increase in the value of the token issued is due to the value of the team project. If salary exists separately, it can be seen as a company, and if the company is for profit, I think the ipo procedure is better than the ico procedure.

[Smart contracts used by 7 billion people : www.injoin.in]

[Denies]

if I know it I will not hesitate to tell you. but obviously this is a question for me personally and very curious.

[maman09]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

I do not know. and not interesting to know. lol

I think they get a big salary and benefit from their involvement in the ico project.

[ico41]

whatever the ICO manage to raise divided by the amount of team-members

Haha! Great one!

To answer the question: if you are a founder, then you should not even take out a salary. The ICO tokens you get is the compensation you should enjoy, and the tokens should be distributed in a vested form, with a long term vesting period and cliff issuance.   If you take out any salary, it should be well below market salary, imho. If you go over market salary, and you don't produce in the ICO, then investors can go after you legally.

Very well said. The whole point of ICOs is to raise funds towards project development and not even a part of funds raised should be taken as the 'salary' for anyone either the employer or the people working under him. Most ICOs hold a good amount of coins for 'the team' and this should be their takeaway from the project for all the work they would have put into it. It would be a blunder if the funds raised in the ICO were termed 'salaries' for the team and they fail to show any signs of developments towards the project at hand which is happening with a lot of projects lately.

I'm not sure I agree with this - or maybe I misunderstand. As a project manager of software development projects, I work between 40 and 60 hours each week. I am paid a salary for these hours each week, which is how I pay my bills, feed my family, etc.  If I were to plan and execute an ICO for the purpose of funding my project, and I switched from my job to managing the software development of this project over the next year or two, how would I pay my bills and feed my family?  Am I supposed to somehow work on the project for free?  When you allocate funds on an ICO to the development of a project - especially the development of the software project, what, exactly, are your major expenses if not the salary of the team that is building the software?  Servers?  Not really. Development Tools?  I don't think so.  Those are tiny fractions compared to the human resources that are your project managers, senior and junior developers, engineers, and even business people that might need to help you market the use of the token you are creating.  So ... not really getting what the money is supposed to be used for if not even a part of the money raised should go to salary.  Am I missing something there?  Thanks... 

[weredo911]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

I think they will be paid by tokens. Because this is a new project. The fund must be used for developing of projects, not for salary. After project succeeds, they can sell tokens to earn money.

[artbtc]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

This will also depend on whether you hire in-house team or outsource. With outsourcing an agency for at least part of the ICO-related management, you can optimize these costs. Plus combining a salary with a success fee is always a good idea.

[EthereumBoy]

If you want run ico save huge amount of cash. Marketing cost around 1,000,000$ and workers cost other 1,000,000$ so dont start ico. Icos are scams and 0.1% of them realy make it. If you want spen 2,000,000$ send them to me and I can spend them. Dont think about making ico. PLEASE.

[zxcv cool]

Developers pay not very high, project sponsors can make a lot of money, and now many projects are tens of millions of dollars, so they are profitable.
 

[CryptosapienZA]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

Most don't take a salary. Remember most of these ICOs are start ups. Most have zero seed money, hence they do an ICO to raise funds. There will be a certain number if tokens allocated. They just split the coins that have been allocated to the team. On the ICO s I have seen its usually 10% to 20% of the total tokens. So in the end it all depends on the success of the project. It it does well, then the tokens are worth a lot... If not, the tokens aren't worth much.

[housebtc]

I don't think most of them get paid in Fiat but they all have tokens percentage allocated to them and have vesting period. Those that get paid are the main developers that work on the platform, but these list above always have private information like inside trading that help benenfit them when they want to sell their tokens

[barlo357]

I actually don't have any idea about their salaries but I think they're earning a lot of money. Because of course, they're part of the team.

[ibininja]

It would depend on the understanding of the team prior execution. The rest would just fall in place. That is why it is important to consider the team behind the ICO because it would mean they will be able to execute. True they can always hire the right people. Then you need to spend aloooot of money to get the right people on board. So how much they get paid is contingent on what they need to spend on.

[Gontxi]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

I think they will get great reward from the reward for the team. what else if ico succeed, maybe they will get bonus. but I dont know how much they can get.

[BariaczRoni]

Usually the all team have 5-20% token sale share. Then they will split that share for their member. Advisor mostly dont get those share, main devoloper will get the most share.

[noodle_dam]

Apart from token shares for the team, I think most ICO's are using freelancers and outsourcing as much as possible. I'm thinking for content, marketing and so on. The close team might be on a real paycheck but even those are with the "you'll get coins when we launch" kind of agreements.

[NorihiroName]

I think they settle a certain amount for paying the important people, of course the salaries would depend on the level of experience you have and I highly doubt anyone would divulge and tell how much their salaries are. But if you have the guts to ask this question to the people involved then why not try then. Why were you curious in the first place? Are you trying to apply for the said position?

It is funny, but as I know - sometimes bounty participators get more $ per month than community managers and other staff of the ICO's and projects. I dunno how it happens, but that's the thing I heard from my friend.

[ETHivan]

To run an ICO you should have at least $100k. 70% of which is for pr&marketing and the rest goes to developer salaries & admin expenses.
Salaries depend on GEO where you hire people. US&Western Europe are expensive, Asia and Eastern Europe are cheaper.

[Abdelirius@Tokeny]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

Most don't take a salary. Remember most of these ICOs are start ups. Most have zero seed money, hence they do an ICO to raise funds. There will be a certain number if tokens allocated. They just split the coins that have been allocated to the team. On the ICO s I have seen its usually 10% to 20% of the total tokens. So in the end it all depends on the success of the project. It it does well, then the tokens are worth a lot... If not, the tokens aren't worth much.

I disagree. An ICO campaign takes money to put in place. From preparing all the content to attending conferences to developer costs of designing the software and creating an alpha or an MVP, all those things cost money. What usually happens is that the ICO founder initially goes to small investors to get a certain amount that will help them launch a decent ICO campaign. Once they obtain that amount they divide it among various resources depending on where they see their priorities. So the salaries are not something fixed and I don't even think it's something ICO launchers discuss publicly. It's really up to each founder's discretion and the worker's willingness to work.

Then again, most ICOs will go for freelancers so you if you want to have an approximation check out the hourly rates of those positions on freelancing websites

[rainbow169]

Not sure the exact number, but I think if the team members has exposure to the tokens, then they may choose a lower salary, this is just like startup with stock options, but token can be sold much easier than stock options I guess.

[p i e c e]

Honest projects give all the information about their teams’ salaries. They are usually paid by sponsors on the first stage, and after they are supposed to get money in crypto or tokens. Anyway it depends.

[Turkiwi]

Hi guys!
I am curious about what is the average salary for each of the ICO team job positions. Maybe someone have some information about that.

Advisors, Developers, Community managers, Marketing managers?

It depends on how much money they are raising, if they raise 100 million for example they'll get much more than raising one million (duh). The point is that team members are usually being paid percentage wise, so for example if the total allocation for a project is about 10% (of the total token supply) I can expect that about 5% is distributed to the team and 5% goes to the founder/CEO. If the team is big, people will receive much less, for example if the team is about ten people, each one will receive about 0.5% which can be a lot, depending on how much the project raises. If the project is relatively big and raises, let's say 30 million, that team member will get about $150,000. Usually that money is not given right away, but vested for a couple of years, if the vesting is, let's say 12 months, they'll receive about $75,000 in the first six months, and the rest $75,000 in the second etc.