FAQs

During the employee onboarding process, each employee is offered the opportunity to either link and existing crypto wallet or build a new crypto wallet. Don’t worry, we walk you though it, and it takes only a few minutes.

A custodial wallet is a type of cryptocurrency wallet where the private keys are managed and stored by a third party, such as an exchange. This means that the exchange has control over the funds stored in the wallet. A non-custodial wallet, on the other hand, is a type of wallet where the user holds the private keys and has full control over the funds. This means that the user is solely responsible for the security of their funds. Because of this, non-custodial wallets are generally considered to be more secure than custodial wallets.

CryptoPerk user each are granted a non-custodial wallet upon on boarding. If a user already has a personal non-custodial wallet, users are able to log in using their wallet and all the funds they earn are deposited directly into their wallet.

During the admin onboarding process, admins are prompted to build their account and select a monthly or weekly crypto reward allowance for employees. This comes with options such as how much employees can attached to Kudos, and how much each Add On is worth.

Using their allowance, each month employees can easily distribute and award their peers with cryptocurrency (such as small denominations of Bitcoin and digital collectibles) for things like displaying the company values, hard work, or for things as simple as their work anniversary or birthday.

You can find our plan options and pricing by visiting: https://www.cryptoperk.co/pricing

CryptoPerk has "off-ramping" options baked right into our platform. Employees can simple visit their wallet within CryptoPerk, click on withdraw funds, and fallow the prompts (transaction and exchange fees may apply).

During the employee onboarding process, each employee is offered the opportunity to either link and existing crypto wallet or build a new crypto wallet. Don’t worry, we walk you though it, and it takes only a few minutes.

Getting started with crypto can be scary. But, not with CryptoPerk. Admins simply follow the prompts to build their account, select a monthly crypto reward allowance for employees, and you’re done!

Even the most non-tech-savvy employees can be up in running and sending crypto praise to their teammates in under five minutes. Simply set monthly recognition and praise allowance, invite team members via list upload or invite links, and start monitoring employee engagement with our Recognition Analytics Dashboard.

A Kudos is a simple form of appreciation or recognition for a job well done. Typically, these are give out for things such as displaying the company values or hard work. Within CryptoPerk, employees are able to attach cryptocurrency (such as small denominations of Bitcoin to their kudos, making them far more desirable.

An Add On is a wall for an employee to "add on" to another employee's kudos. This is similar to a reaction on a social post, but with real money attached. Add On's can also be distributed for things as simple as their work anniversary or birthday.

There are two options that the admin can chose from. The first option is to have the employee's allowance roll over from month to month, or have the allowance amount "top up" every month (or week depending on admin settings).

If an employee is no longer employed at an organization they are no longer able to see or participate in any of the social elements of CryptoPerk, but funds they've earn within CryptoPerk are still accessible.