Ico team salaries - page 2. | Bitcointalksearch.org

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Quote from: cryptomartin on July 06, 2017, 02:39:44 PM

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.

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imutlinda

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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

okissabam

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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?

carlisle1

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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.

tsaroz

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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.

13abyknight

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Quote from: YodaYoda on July 06, 2017, 03:04:14 PM

Quote from: shifty30 on July 06, 2017, 02:43:23 PM

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.

Joel_Jantsen

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Quote from: cryptomartin on July 06, 2017, 02:39:44 PM

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.

Quote from: shifty30 on July 06, 2017, 02:43:23 PM

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.

12retepnat34

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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.

baam25

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Quote from: cryptomartin on July 06, 2017, 02:39:44 PM

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

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Quote from: cryptomartin on July 06, 2017, 02:39:44 PM

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.

pey

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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.

zidorov

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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

Tahir Khan

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Quote from: HashieNewb on July 07, 2017, 02:49:47 PM

Quote from: freew5660 on July 06, 2017, 03:54:28 PM

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

HashieNewb

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Quote from: freew5660 on July 06, 2017, 03:54:28 PM

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.

freew5660

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Quote from: stupid_seb on July 06, 2017, 05:31:52 PM

Quote from: freew5660 on July 06, 2017, 03:54:28 PM

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 Cheesy

stupid_seb

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Quote from: freew5660 on July 06, 2017, 03:54:28 PM

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

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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.

Alternative

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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 !

HashieNewb

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Quote from: cryptomartin on July 06, 2017, 02:39:44 PM

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.

stupid_seb

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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.

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