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Highlights
Braintrust (BTRST) token is a decentralised talent network.
Launched earlier this month, the Braintrust token operates on the Ethereum blockchain.
BTRST has created a buzz amongst the market participants largely due to its advantages of providing skilled workforce.
Braintrust (BTRST) token is perhaps the first decentralised talent network, which brings together a host of highly skilled technical freelancers who work with leading brands across the world. Thanks to its unique business model, it ensures the talent can earn 100% of their earnings at less cost of the traditional staffers.
Launched earlier this month, the BTRST token operates on the Ethereum blockchain, it is the foundational token of Braintrust Foundation. The token holders not only get the rights to share creative ideas on improving the ecosystem, but also get the right to vote through which it can affect any form of change in the blockchain.
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As each token represents one vote, the more tokens you hold, the greater you have the say in the protocol framework. The token also offers rewards as the users can get special perks who are exclusive to the Braintrust community. This included free and discounted software and other career resources. With over 50,000 community members, the Braintrust is used by global companies such as Nestle, Porsche, Goldman Sachs etc.
What makes BRTST so unique?
Co-Founded by Adam Jackson, BTRST has indeed created a buzz amongst the market participants largely due to its advantages of providing skilled workforce. This comes especially at a time when Covid-19 pandemic has hit the enterprises and they would require good workforce.
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Investors are flocking in due its forking ability, the one-token, one-vote system ensures the protocol has smooth operations at the same time gives token holders control over how the network is governed.
Besides, Braintrust’s business model doesn’t charge the talent or the enterprise anything saving up to 70% of transaction fee that traditional Web 2.0 talent marketplaces.
How is Braintrust token faring in the market?
Braintrust is ranked 2684 on CoinMarketCap. According to CoinMarketCap, the BTRST is trading at US $38.38 with a 24-hour trading volume of US $8,94,92,189. At the time of writing (BST 7:30 am), BTRST has a market cap of US $8,94,92,189 and has been steady over the past 24-hour period. BTRST has a maximum supply of 25,00,00,000 BTRST coins.
Bottomline
BTRST is making all the right noises in the market within the market participants who want to explore the skilled workforce segment. Powered by Ethereum blockchain, it comes across as a secure protocol service which can be utilised by organisation especially in the Covid-19 period.
Today, almost 50% of Braintrust's new client acquisition and talent acquisition uses the BTRST tokens and its unique tokenization model aligns with the crypto marketplace. The investors too are looking to cash-in on the model and its ability to get involved in some of the leading companies around the world.
