HR

Following its seed raise, XBorg intends to grow as a team and expand capabilities. This section will highlight all questions relating to the organization's growth, and how it intends to maintain team commitments to the project, and its mission.

Who are you planning to recruit in the near future?

As part of our strategic growth plan, we have initiated recruiting 2 to 3 senior software engineers in the upcoming quarter (Q2 2023). This hiring drive is a critical step towards realizing our comprehensive 18-month roadmap, which outlines our ambitious plans and objectives for the future.

How do you attract employees to the company?

At XBorg, we recognize that the foundation of our success lies in the caliber of talent that we attract and retain. To ensure we have access to the best and brightest minds in the industry, we have employed a multi-faceted approach to talent acquisition, leveraging the power of our community, SwissBorg's career website, word-of-mouth recommendations, and a robust referral program. As we move forward, we remain committed to refining and strengthening our outreach strategies to enable us to attract top-tier technical profiles to join our dynamic and innovative team.

What are the average compensations at XBorg?

At XBorg, we have implemented a compensation structure that features an average remuneration of $3,200 USDC, supplemented by incentivization in the form of XBG tokens. While this approach reflects our commitment to aligning the interests of our team members with those of the XBorg ecosystem, it is noteworthy that our compensation rates remain below the prevailing market standards, a reflection of the deep involvement and dedication of our team members to the success of our shared vision. Remunerations for software engineers are higher, ranging from $4,000 USDC to $8,000 USDC.

What is the HR plan for the coming 18 months?

To expand our operational capabilities and enhance the performance of our infrastructure, we are looking to hire more engineers, specifically in the areas of backend development, smart contract engineering, and DevOps. We aim to bring 15 highly skilled engineers on board over the next 18 months. In addition to our technical team, we are also planning to recruit professionals in business development, legal counsel, and accounting to support the growth of the protocol. We will issue grants to third-party developers as we scale the number of ecosystem applications.

What is the time commitment of each of the founders?

Louis is the sole founder of XBorg, fully immersed in his role and devoting his undivided attention to the realm of XBorg, with no other concurrent ventures vying for his time and focus.

What is the founders' salary (including benefits, cars, etc.)?

The founder's salary is 3,000 USDC, below the team average. No other perks are derived.

Are the technical developments of the protocol done in-house?

At XBorg, we believe in developing technical solutions in-house, utilizing the expertise of our dedicated engineering team. We view outsourcing to contractors as a short-term solution, lacking the benefits of long-term investment in our own team's capabilities. As such, we prioritize building our internal team and fostering their growth to maximize the value of our technical developments.

How do you motivate people in your team?

To align the interests of our team members with those of the XBorg ecosystem, we have devised a compensation framework that features a combination of USDC-based remuneration alongside an allocation of XBG tokens sourced from the Team token supply. This approach incentivizes and motivates our team members toward attaining our collective objectives while fostering a sense of shared ownership and alignment of interests.