December 21, 2022
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Ucha Vekua

What Does Salto X Offer?

Here at Salto X, we help founders create and manage their company’s upside by issuing company tokens and distributing them among their team members.

In order to make this happen, we are building an all-in-one solution for sharing your company’s success with contributors globally.  

We believe that using Stock Options as a way to incentivize your team members can often be ineffective and complex. 

That’s why we are introducing our solution, Token Incentive Program (TIP), which will allow you to incentivize your contributors globally. 

Simply put, Token Incentive Plans are one of the alternatives for giving out Stock Options to your contributors when you want to distribute your company shares among them. 

With the Salto X platform, companies can create their token incentive program and issue their participants’ certificates. 

Salto X Platform Functionality Covers:

  • Country-specific legal templates to adopt and incorporate TIPs. Sign and store them in your company account;
  • Onboarding different contributor types (employees, contractors, freelancers) as TIP participants;
  • Minting and distributing token pool with cliff and vesting properties, managed by a smart contract;

Let’s have a closer look at what Salto X solution provides for companies, participants, and shareholders involved in the process:

ESOPs vs Token Incentive Programs

Now that we have a clear picture of Token Incentive Plans and Salto X solution let’s have a closer look at how it compares to Employee Stock Option Plan (ESOP) and what problems it solves.

Talk to Us

If you’re interested to learn more about the Token Incentive Plans, we would love to jump on a call with you for a further discussion. 

Our team of experts is happy to assist you with any questions you may have about incentivizing your remote employees and sharing your company upside in the most effective way.