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Author Topic: Ico team salaries  (Read 1611 times)
rainbow169
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November 13, 2017, 10:22:02 PM
 #41

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
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November 14, 2017, 01:58:17 PM
 #42

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
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November 14, 2017, 02:28:50 PM
 #43

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.
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