Collabberry’s primary value lies in measuring the contributions of team members and assigning points to track this value over time. These points represent the compensation for value contributed but not yet rewarded. Organizations have the flexibility to choose the most appropriate methods for translating these points into tangible rewards, based on their structure, compensation models, and organizational culture.
The following options can be implemented individually or in combination to effectively reward contributions:
Voting Rights
Points can serve as voting shares in governance decisions or other organizational processes. Implementations may include on-chain voting systems, internal voting mechanisms based on points, or designated voting shares.
Equity Shares
Points can be converted into various types of equity in the company, depending on the country of incorporation and the company's structure. This approach allows contributors to have a stake in the company’s future.
Shadow Units (UK)
Shadow units represent a right to receive a payout equivalent to the value of shares at a future date. This option provides economic benefits similar to ownership without actual shares or voting rights, making it ideal for private companies that wish to avoid ownership dilution.
Delayed Payment
Companies can offer legal alternatives to shadow units, serving as a token of trust for payments to be made after a liquidity event, such as an investment or client revenue.
Token Allocation
If the organization plans to launch a token on a blockchain, points can represent a percentage of this token for contributors. It’s essential to develop a clear tokenomics strategy and communicate its purpose and benefits in advance to those receiving points.
Profit Distribution Organizations can allocate a portion of profits to contributors based on the points they’ve accumulated. This approach aligns individual efforts with the organization’s financial success, allowing contributors to directly share in the company’s achievements.
Bonuses
Organizations can distribute bonuses (annually, quarterly, or otherwise) based on the points accrued by contributors during a specific period. This method provides a stable form of compensation, rewarding contributors for their efforts.
Recognition Programs
Establish recognition programs where points can be redeemed for awards, certificates, or public acknowledgment of contributions. This fosters a culture of appreciation and motivates continued engagement.
Professional Development Opportunities
Points can be converted into opportunities for training, workshops, or conferences, allowing contributors to enhance their skills and careers while being rewarded for their efforts.
Charitable Donations
Organizations can allow contributors to convert points into donations made on their behalf to charitable organizations. This not only rewards contributors but also enhances the company’s social responsibility profile.
Whatever approach you choose, we recommend selecting one method and providing clarity and visibility. This ensures that members of your organization receive tangible recognition for their contributions, fostering trust in the system you’ve established.