Ask HN: Any success stories with token-based employee incentives?

I’m considering a job at a blockchain startup, which is offering tokens (not yet created or issued) instead of equity. I understand equity, you make money if you get bought out or go public, but I am skeptical of tokens especially now that the crypto-bubble has burst. If the tokens are issued and eventually listed, what are the economics of how or why the price would actually rise? Does anyone have any success stories where this actually worked out for them (with a legit company)? Does anyone know of any good resources on this kind of compensation?

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Comments URL: https://news.ycombinator.com/item?id=19143194

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