Pirate$HIP
Turn startup marathon into product sprints via continuous flash organization with outcome-bounded puttable equity tokens. Earn FOUNDER'S EQUITY in a flash with an option to "cop out" to CASH.
Project Description
$HIP - A platform for bootstrapping MVPs for side-projects with fair and sustainable incentive alignment. Project owners can summon flash organizations where members work towards pre-defined product milestones. Contributors who apply to a project / projects can receive puttable equity tokens (oTokens) for their work upon achieving the pre-defined product milestones, with an option of “exit to cash” that settles to pre-arranged strike price, exercisable within a limited timeframe.
How it's Made
This project uses Compound Borrow as a financing option for Project Owners to fund the flash Org. Additionally, we use Aave Lending for locking up issued funds for earning interest, and Portis as a wallet provider for our web application.
