Braintrust

$0.2780
1.81%
BTRSTERC20ETH0x799ebfABE77a6E34311eeEe9825190B9ECe328242021-08-10
Braintrust is a decentralized talent network that connects knowledgeable workers with leading companies. The platform is owned and built by its community, which earns ownership and control of the network through its native BTRST token. The token was launched on the Ethereum mainnet in 2020, has a fixed supply of 250 million tokens, and powers the entire network's governance. The token incentivizes the community to build the network by referring clients and talent, and its ownership and governance are represented by the BTRST token.

Braintrust represents a novel approach in the freelancing and talent acquisition space as the first decentralized talent network. It primarily focuses on connecting highly skilled technical freelancers with some of the world's leading brands, including Nestle, Porsche, Atlassian, Goldman Sachs, and Nike. The platform stands out by allowing freelancers to keep 100% of their earnings, which is a shift from the traditional staffing firm models that often take a significant cut from freelancer's income. Braintrust's business model, characterized by reduced fee extraction and promoting community ownership, is made possible through its integration with blockchain technology.

The use of blockchain enables Braintrust to distribute control over the network transparently among its community members based on their contributions. This could include activities such as referring new talent, vetting professionals, and bringing new clients into the network. This model ensures that the incentives of the network align with those contributing to its growth, in contrast to centralized platforms that might extract high fees from their participants.

Braintrust was co-founded by Adam Jackson, Gabriel Luna-Ostaseski, and Brian Flynn in 2018, based in San Jose, California. The trio embarked on creating this decentralized network with the vision of reshaping how freelance talent connects with potential employers, particularly focusing on tech-based skills.

BTRST, the native token of the Braintrust network, serves multiple functions:

Governance: Token holders can vote on key decisions impacting the future of the network. This includes expansion into new categories, dispute resolution methods, platform fees, rules, and other governance-related topics. Rewards: Users earn BTRST tokens by engaging in activities beneficial to the network. This includes inviting new talent and employers, participating in peer-to-peer vetting, among other actions. Community Perks: Tokens can be redeemed for a variety of exclusive benefits tailored for the Braintrust community. These perks encompass free or discounted software, products, career resources, and other community benefits. BTRST is an integral part of a system designed to democratize control over the network, rewarding those who contribute to its growth and success. As Braintrust evolves, the utility of BTRST tokens is expected to expand, offering new ways for the community to benefit from participating in this unique decentralized network.