Making Sweat Equity Liquid, 3 Exit Strategies That You Can’t Get With Paper Based Contract.
Sweat equity is a term used to describe the value that a founder, employee, and contractors bring to a company through their time, skills, and effort. It’s a common practice for venture studios, accelerators, and property developers to offer sweat equity as a form of compensation, but it can be a challenge to realize the value of this equity. That’s where FAST comes in.
FAST (Fungible Asset-backed Security Token) is a digital token that represents a share of ownership in a well-curated portfolio of companies. With traditional methods, you have to wait for an exit of one portfolio company to see a return on your investment. But with FAST, a token holder has three options to realize the value:
- Wait for an exit of one portfolio company
- Sell to an investor via the Consilience Platform
- Hire an expert to get work done
But the benefits of FAST don’t stop there. Here are some additional advantages that make the management of sweat equity much simpler:
- Fairly Pricing Services: With FAST, you can agree on a price for services upfront, and only transfer tokens upon fulfillment of agreed deliverables. This eliminates the need for guesswork and negotiation when determining…
