Strike an agreement with your co-founders, about what the initial token distribution is (typically 100.000 Token)
2
Agree on a daily rate for an additional day of work (typically 1.000 Token/day and user)
3
Agree on handing over all IP to the contractual construct between the co-founders
4
Sign the agreement on Foundance and it will be written on the blockchain
Ideas turned into reality
Foundance lets anyone turn an idea into a growing business with little or no money. It has never been easier to put great teams together and keep everyone incentivized, even while being on a shoestring.
Join the growing network of experienced and aspiring entrepreneurs. Rally to a cause. Set up a smart contract-based agreement and safely collaborate with the like-minded from around the world.
Powered by the blockchain
Foundance smart contracts are powerful, yet incredibly easy to use. They help memorialize all key parameters of your agreement right on the blockchain and ensure that everyone receives a fair share of the value created.
They also help you in complex situations, like a departure of a co-founder, or hiring an experienced professional.