cryptowsky
@cryptowsky
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consultant @C3__Group
Joined April 2021
I am pleased to announce the formation of my new firm @C3__Group - the world's first compensation consultancy for the crypto industry! Please follow! And, explore our site to learn more about the firm and its services:
c3group.xyz
C3: the world's first compensation consultancy for the crypto industry. Here to help navigate through the complexities of a decentralized compensation program.
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This.
my favorite part about DAOs is how there is so much thoughtful discussion around best practices and then nobody implements them and then people are like "see this is why DAOs don't work!"
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I had a lot of fun talking about web3 compensation on the latest episode of the @BountyxHunterx presented by @banklessDAO! Check it out!
🚨 Episode #17 is LIVE 🚨 🎙️ Why DAO Compensation is Broken & How to Fix It with @cryptowsky from @C3__Group 🎯 On today's show: DAO compensation design, the instability of tokens, determining transparency & more👇 https://t.co/5HZSBueEX0 Presented by: @banklessDAO
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Read through our #CryptoPayGuide to learn how #web3 organizations and communities can protect their contributors amid bear market uncertainty! https://t.co/PnLWJRtuhz
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In the sixth installment of the #CryptoPayGuide, we cover performance pay! Performance pay is a critical tool for communities, investors, and protocols to achieve attraction, motivation, and accountability objectives. Read more via the link below: https://t.co/dPtXnQ6cAE
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Although C3 is supportive of @SushiSwap's formation of a Compensation Committee, we believe critical issues still need to be addressed, as identified by the community. C3 has the expertise to help the @SushiSwap community navigate these issues. https://t.co/Ia6llbwh5q
forum.sushi.com
Discuss, organize, and grow decentralized communities
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4/12 What is the Service DAO landscape? Full Stack: @RaidGuild @dOrg_tech Treasury: @llamacommunity_ Design: @deepwork_studio Community: @wgmicommunity Legal: @lex_DAO Merch: @TheMetaFactory Ops: @twalixyz Comp: @C3__Group PR: @YAPDAO_ Audit: @SpearbitDAO Gov: FireEyes
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In the fifth installment of the #CryptoPayGuide, we cover token compensation "best practices"! Web3 organizations must consider the following factors when granting token compensation to their contributors🧵: https://t.co/k9k9CfL66U
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Service DAOs are crypto-native consulting firms poised to create the 250B consulting market equivalent in crypto. @Mikey0x_ and I spent the past month interviewing 20+ serviceDAO operators and here’s what we learned: https://t.co/a42iqWRNII
medium.com
Whereas traditional companies look to consulting firms for advice, protocols and DAOs often have entirely different needs, operating…
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Seeing lots of takes that go something like “DAOs shouldn’t be organized like companies; if you want a company just start a company” This makes no sense to me Org structure = how people organize to get stuff done Decentralization = spreading control with large group of people
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In the fourth installment of the #CryptoPayGuide, we cover the importance of differentiating variable pay by employee level and we outline how these decisions can be made within a standard governance framework! Please read more below! https://t.co/G7ngUQNkyj
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Check out our third installment of the #CryptoPayGuide covering "Compensation Process". Retention is frequently addressed via adjustments to pay or incentives, but orgs often overlook the retentive power of having a robust compensation review process. https://t.co/e8Vkat7Rwg
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Tokens are liquid a lot earlier than start-up equity. A start-up takes ~7 years to IPO, while a crypto org's token offering/ICO is almost immediate. Liquidity has a direct effect on an employee’s realizable compensation. What is realizable compensation and why does it matter?🧵
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Is #andrecronje the rug pull goat? Nope, that title belongs to #VladimirPutin. He just rugged 144M people. 1 Ruble = .007 USD This happened to a developed country folks. We don’t own enough #Bitcoin 🇺🇦 #UkraineRussianWar #RubleRug
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Read more in the second installment of our #CryptoPayGuide (link below). Follow us to stay up-to-date on future articles, which will cover tweaks to the crypto compensation model to improve retention and motivation. https://t.co/vsd4rGuEZs
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#Crypto organizations are using the "start-up compensation model" to reward full-time employees. Although this model has been successful for start-ups, its effects are not directly translatable to crypto organizations.🧵
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DAOs will live and die by how well they hire and retain contributors Best resource I've come across on how to think about DAO compensation models: https://t.co/yAwSiEtAFL h/t @C3__Group
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The second installment of our #CryptoPayGuide we define a “compensation model”, summarize the model used among #crypto / #web3 organizations, and address its pitfalls. Read more via the link below! https://t.co/vsd4rGuEZs
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Strong first day for @SolidexFantom, here are some numbers: 👉 TVL up to $1.6B, 3rd highest on Fantom 👉 36% of total $SOLID locked on Solidex 👉 $SEX price up ~600% over the past 24hrs, currently at $27.5,
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