Episode 39 | Robin Ji from Liquifi on Token Based Compensation - podcast episode cover

Episode 39 | Robin Ji from Liquifi on Token Based Compensation

Feb 10, 202345 minSeason 1Ep. 39
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode 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:

Follow Liquifi:

Follow Robin Ji:

Review

If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes.

Website

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

For the best experience, listen in Metacast app for iOS or Android