> For the complete documentation index, see [llms.txt](https://salto-x.gitbook.io/saltox-whitepaper-v0.2/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://salto-x.gitbook.io/saltox-whitepaper-v0.2/token-incentive-plan-benefits-for-stakeholders.md).

# Token Incentive Plan benefits for stakeholders

| **Startups**                                                      | **Participants**                                             | **Shareholders (founders, VC, angels, etc.)**                                      |
| ----------------------------------------------------------------- | ------------------------------------------------------------ | ---------------------------------------------------------------------------------- |
| Enrol different types of contributors (legal and natural persons) | Simplified terms of liquidity *\[on the roadmap]*            | <p>Liquidity (simplifying secondary trading) </p><p><em>\[on the roadmap]</em></p> |
| Clear costs for set-up & speed of implementation                  | Clear taxation                                               | Clear taxation, balance view                                                       |
| Security & transparency of smart contracts, instead of paper      | Security & transparency of smart contracts, instead of paper | Security & transparency of smart contracts, instead of paper                       |

### ESOPs vs. Token Incentive Programs <a href="#id-94q2mwky0h4a" id="id-94q2mwky0h4a"></a>

<table data-header-hidden><thead><tr><th width="267.3333333333333"></th><th></th><th></th></tr></thead><tbody><tr><td><strong>Features</strong></td><td><strong>ESOP</strong></td><td><strong>Token Incentive Program</strong></td></tr><tr><td>Established local regulation within EU countries</td><td>+</td><td>-</td></tr><tr><td>Easy to scale to different countries</td><td>-</td><td><em>On the roadmap</em></td></tr><tr><td>Clear costs for set-up &#x26; administration</td><td>-</td><td>+</td></tr><tr><td>User-friendly administration</td><td>-</td><td>+</td></tr><tr><td>Clear understanding on tax implications</td><td>+/- [depending on country mix]</td><td>+</td></tr><tr><td>Liquidity, tradability and secondary market</td><td>limited</td><td><em>On the roadmap</em></td></tr><tr><td>Security &#x26; transparency</td><td>+/- [using dedicated tools]</td><td>+</td></tr></tbody></table>

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