March 19, 2018 - Blockchain, Financings, Fintech

Cryptocurrency Compensation: A Primer on Token-Based Awards

These days more and more companies are using virtual tokens to compensate and incentivize founders, directors, employees, and other service providers.

For the most part, these token-based awards emulate traditional equity-based awards, but they differ from those awards in some important ways, particularly when it comes to restricted awards.

Learn the consequences of compensating people with tokens, restricted tokens, token options, and restricted token units. Read Morrison & Foerster’s corporate and executive compensation law experts’ article in Bloomberg Law.