Quote from: WindingTree on October 29, 2017, 02:07:47 PM

Quote from: trickzz7 on October 29, 2017, 11:15:52 AM

Quote from: WindingTree on October 11, 2017, 12:55:57 PM

Quote from: garik777 on October 11, 2017, 12:52:33 PM

I understand that, so all that have CEO and other team members now and in the future is 20% of WT tokens?

20% is for founders, advisers, and early employees. So founders only receive roughly 2.6% and that's on a 4 year vesting schedule.

How do you guys want to make sure that with a growing business, later coming employees will be paid adequate? In other words, how do you ensure a strong team in future?

Cheers

Edit: I just read the following:
"The remaining 7.2 % [of the 25%] goes directly to the foundation wallet, these tokens will be used to pay advisors and future hires."

How will be the Tokens used? Would employees get a regular salary?

Thanks

We don't make any money. The tokens for the foundation are locked up for 4 years and can then be resold to generate cash and keep the company running if required. In the long-term travel suppliers may also want to fund the project with donations or take over some of the maintenance themselves, as the project is open source.

Yes employees will receive a regular salary.

Thanks for the quick response! Happy to have found your project.