V-ack is a BaaS system designed for business bonuses and rewards distribution, built on the Binance Smart Chain.
7% Partners (5 months gradual release)
18% Team & Advisors (5 months gradual release)
15% Foundation (Gradual release)
Foundation Allocation :
13% Admin & Ops
17% Legal & Advisory
25% Marketing & Sales
45% Business Dev & Ops
While existing solutions to pay employees are based on their conventional contracts, our team is up to build a secure, useful, & plug&play product to ease and encourage bonuses distribution within companies.
Bonuses distribution within companies is subject to taxes : firms see this as a mitigated risk, and on the other hand, employees should share a part of the reward.
The whole system discourages companies from rewarding their employees in the best way, and leads to a consideration misunderstanding on the employee side.
VACK is here to serve this purpose, and let companies easily and safely share benefits and gains with employees.
VACK could be connected to a specific endpoint of your ERP in order to gather employees activity. Vack distribution could be done on a daily, weekly, monthly or annual basis, but can also be triggered either manually or automatically by an event (Ex. at the lifecycle end of a project).
Businesses could define an allocation for each project, and so employees get rewarded based on their participations. A participation could be in amount of time, effort or value : these indicators are defined by the business owner.
In the other hand, partners could be rewarded based on the invoice amount they generate for the business owner.
VACK lets you encourage and motivate your team and partners by dedicating an allocation for every value provider.
Also, our ecosystem will help you :
Ensure equity regarding team's members allocations
Reduce time consuming ceremonies by avoiding evaluations and objectives planning for your employees
Motivate and put focus on providing the value to your business
Express your consideration in the best way (the whole reward goes to the right person).