What is Braintrust?
The Braintrust token or BTRST is the native token powering the Braintrust ecosystem. The latter is a decentralized talent network built on Ethereum.
BTRST is based on the ERC-20 token standard. It’s deployed on the Ethereum network.
There are several use cases related to the Braintrust token.
Firstly, it serves as a governance token that grants holders exclusive voting rights. The more tokens a user has, the greater their voting power is.
Secondly, BTRST can be put forward as collateral by the platform’s freelancers and clients. Freelancers lose their tokens if their work is not delivered or up to par whereas clients lose their tokens to every freelancer that took the time to submit an example.
Thirdly, the native token can be redeemed for exclusive benefits such as products, services, and career resources.
The Braintrust token allocation is as follows:
- 54% - Community Incentives and Rewards;
22% - Early Token Purchasers;
19% - Early Contributors;
5% - CoinList Sale.
Before diving further into the project, check out the Braintrust token price history and the current BTRST price on the graph above.
What are the Main Features of Brainstrust?
As mentioned in the What is Braintrust section, we’ve established that it’s a talent network powered by blockchain technologies.
Due to its decentralized nature, Braintrust doesn’t take a cut of the talent’s earnings.
There are over 50,000 members of the Braintrust community which includes both individuals looking for work and enterprises providing the work.
Some of the major companies that have used Braintrust include Nike, Nestle, and Porsche, among many others.
Who Developed Braintrust?
The Braintrust crypto project was co-founded by Adam Jackson and Gabriel Luna-Ostaseski in 2018.