Trust me, there will be no project that has yet to launch that has a token that is already liquid,,, all he is saying is that he has initial funding, so that should be the only salary you require. I think the model is great if it works, you get paid and you also have the incentive to work hard and make the project succeed so your token part of salary has a chance to become worth a lot.
That's correct. But in the developement phase, i think it's necessary for any project to have a small budget to cover necessary needs like paying devs and team. The token should be used for other utilities and not mainly to cover the costs of the project at initial stages.
Most times the token ends up being worthless though, so a serious team should have other income to attract interested candidates.