endswapper's comments

endswapper | 8 years ago | on: Ask HN: Who is willing to work for coin?

Please pardon any confusion on this point. What I am considering (I'm not really proposing anything) is offering a guaranteed amount of coin for working for a short period of time (3-6 months) leading up to an ICO. After the ICO the company would buy back all or a portion of the coin at the final ICO price. Beyond that the coin could be exchanged (ultimately for cash) on open exchanges.

From my perspective the work could be done remotely, full-time, part-time, on the side, essentially whatever you like. This will likely vary depending on the role and the work being done. As would the amount of coin.

endswapper | 8 years ago | on: Ask HN: Who is willing to work for coin?

I am not proposing peanuts, but rather a significant sum.

The advantage of coin in lieu of equity, at least in this context, is that the participants I am seeking input from could/would be fully cashed out much sooner than in a typical equity stake.

Additionally, the point of asking the question was to initiate a conversation with people that consider this an option for themselves. It really comes down to the success of the ICO event. So, good work could be rewarded handsomely on a very short timeline. Of course, this is not without risk, and the reason I am seeking input.

endswapper | 8 years ago | on: Ask HN: Advice for a college freshman studying in Silicon Valley

Get involved and produce.

This is broadly true for any area of study.

Intern if you can do it to understand how and why things work the way they do.

Join clubs or start a new one. The ability to organize people and communicate well is generally useful.

Identify the needs of family members, friends or anyone and create something useful for them. Give it to them for free.

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