Description

In order to allow you to hire and retain the best talent to build your web3 company, having a sound token based compensation is crucial.

Resorting yourself to manually distributing and sending tokens is a painful process, and using excel spreadsheets runs the risk of making transfer mistakes or missing payments. 

Token-based compensation is a new and powerful form of incentive alignment and is inherently different from traditional stock options compensation. 

To help us understand token based compensation, I spoke with Robin Ji, the CEO and co-founder of Liquifi. 

Liquifi is a platform that allows you to automate token distributions and track vesting schedules, and will save yourself time in managing your crypto payroll operations.

Topics covered;

• Robin’s story into blockchain and how Liquifi started (2:44)
• Differences between token based compensation and traditional equity (8:03)
• Designing a token compensation plan (11:34)
• Should all web3 projects have a token? (14:15)
• Should every DAO have a token? (18:00)
• Join web3CFOclub and network with high profile web3 CFOs (18:51)
• Benchmarks for token allocations for team, treasury & community (21:27)
• Token allocation strategy for the community (22:52)
• Token allocation strategy for the investors (25:17)
• What is Liquifi and overview of features (26:51)
• Onboarding process at Liquifi (29:23)
• Pricing structure of Liquifi (31:04)
• Difference between vesting & streaming tokens (32:17)
• How to manage token performance with token lock-ups (35:26)
• Main challenge for adoption is understanding token’s utility (37:10)
• Upcoming features/milestones of Liquifi (39:00)

Brought to you by

Web3CFOclub - A community of web3 CFOs sharing best practices around web3 financial operations

👉 Join now for in person events and grow your network at theaccountantquits.com/web3cfo/

Follow The Accountant Quits:

• LinkedIN: linkedin.com/company/the-accountant-quits
• Twitter: twitter.com/accountantquits

Follow Liquifi:

• Twitter: twitter.com/liquifi_finance

Follow Robin Ji:

• Twitter: twitter.com/robindavidji

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Website

For show notes and past guests, please visit theaccountantquits.com/podcast/