Prepare for an interview with Moojan
Compensation System
An exploration on how Moojan is thinking about compensating the contributors of Thousand Faces.
- Potential Hypothesis:
- Contributors trust core team to materialize Team Points. (better to talk to Flo about this one)
- Contributors have trust in the value of Team Points
- People trust in P2P assessment
- Тhe combination of MFN and the potential for TP accumulation provides contributors with a reasonable and sustainable compensation structure.
- Juice Budget, MFN and Team Points system will provide a fair and transparent way to allocate resources based on individual contributions, optimizing the overall value delivered by the team.
Selected Hypothesis
- Juice Budget, MFN and Team Points system will provide a fair and transparent way to allocate resources based on individual contributions, optimizing the overall value delivered by the team.
Questions
- How do you reward contributors at the moment?
- some people are paid salary in cash
- some people are paid in crypto
- minimum + success on performance
- equity
- founders - equity
- advisors - equity
- advisory board - points that turn into token - mentors, jourey members
- idea - everybody compensated with token
- How do you come up with equity number?
- 3-4 different level - seniority + role
- advisors
- new comers after 3-6 months, come from option pool 8%
- Actions, Contribution - they have a point, the person accumulates points. Every engagement = contribution.
- What do contributors usually want?
- partnership manager - can’t dedicate time unless she’s paid at all. Minimum fee and then based on success.
- Have you identified different types of contributors? Is there a difference in the way they want to be rewarded?
- Team Points -
- contract trust
- social trust
- pure equity - future gamble
- regular rewards - go to events, builds trust
- Evaluation form - seniority + location, hourly rate based on your location
- For the people in the team who has a need for money - the number is more or less the same.
- UBI - TF