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One of the questions that I’m constantly asking myself is, what’s the point of working in crypto if you are not earning crypto? From my perspective, if a project is paying its contractors in fiat currencies, it shows low confidence in the projects' native coin or token. “If it works, you should want to be paid in it!”
Decred solved this problem from day one. And only pays its contractors in DCR. This is made possible by the tools that have been built to facilitate it. Including Politeia which is the Decred proposal system, Decred’s Contractor Management System (CMS) and Decred’s decentralised treasury.
All of these elements are systemised to form a layer 1 Decentralised Autonomous Organisation (DAO). Although some elements of the system require manual input, like invoice review and on-boarding contractors to CMS. Most elements are already fully decentralised, including proposal voting and treasury spending.
cypherpunktimes.com
One of the questions that I’m constantly asking myself is, what’s the point of working in crypto if you are not earning crypto? From my perspective, if a project is paying its contractors in fiat currencies, it shows low confidence in the projects' native coin or token. “If it works, you should want to be paid in it!”
Decred solved this problem from day one. And only pays its contractors in DCR. This is made possible by the tools that have been built to facilitate it. Including Politeia which is the Decred proposal system, Decred’s Contractor Management System (CMS) and Decred’s decentralised treasury.
All of these elements are systemised to form a layer 1 Decentralised Autonomous Organisation (DAO). Although some elements of the system require manual input, like invoice review and on-boarding contractors to CMS. Most elements are already fully decentralised, including proposal voting and treasury spending.
cypherpunktimes.com