شبكة DeFi Talent من الجيل التالي هي Braintrust (BTRST).

بواسطة فريق أبحاث CoinUnited.io

21 Dec 2022

مدة القراءة: 5 دقيقة

Braintrust is a network that connects businesses with pre-screened knowledge workers on the basis of their rates, expertise, and location. Compared to conventional talent solutions, Braintrust's decentralized platform provides several advantages. There are a plethora of online job posting sites that make it look simple for recruiters to find qualified candidates in the recruiting and crowdsourcing industries. These platforms, however, are typically inefficient, costly, and difficult to use. Developed as an algorithm-driven, fluid ecosystem, it serves as a win-win for both IT professionals and businesses.

Adam Jackson and Gabriel Luna-Ostaseski, co-founders of Braintrust, first saw a need for the company after seeing shortcomings in the current crop of crowdsourcing and recruitment tools. Since its public beta launch in June 2020, Braintrust has expanded greatly owing to the efforts of its creators, developers, and other short contributors. In November 2020, it successfully raised $25 million during a strategic financing round, and by September 2021, it had released its native token, BTRST, and launched its public network. More than 50,000 people from all around the world are already a part of this vibrant community, which includes both project contributors and knowledge workers. In particular, the companies who make heavy use of Braintrust's many features and advantages also play a significant influence in shaping the platform's user base. This novel strategy guarantees that the platform will never lose contact with either employers or talent, and that their demands will be continually satisfied. The BTRST token, created by Braintrust, serves as the means of transfer of ownership. Nike, Goldman Sachs, Intel, IBM, Porsche, Nestlé, Nextdoor, Deloitte, and many more global powerhouses are just a few of the numerous companies that are among its many millions of corporate users.

It's unpleasant and time-consuming for both employers and talents to connect with the many brilliant computer experts who are actively seeking job with reputable firms. While there are a plethora of online recruitment platforms, some of them may be rife with unsavory elements and difficult to use. As an illustration, the costs associated with their use are usually rather high. These costs are often not transparent to businesses and can significantly impact their ability to attract and retain top people. Further, because of the lengthy procedure, job-seekers frequently worry about where they will find their next task and whether or not they will be paid promptly. The original idea behind Braintrust was to provide a more creative and effective platform with which to deal with these issues. Braintrust's continuing growth is guided by their feedback to ensure that the platform continues to grow and improve in line with their expectations. This feature of Braintrust's architecture removes the possibility of misinformed or otherwise ineffective intermediaries from the equation, hence reducing the likelihood of excessive or inappropriately high fees. The platform also facilitates a more rapid and straightforward connection between job seekers and hiring organizations. The platform has the potential to reduce the time it takes to find and hire new employees by several weeks or months. Braintrust's cutting-edge layout improves everyone's interactions for more efficiency and financial gain.

The participants on all sides of the IT recruiting equation may reap the benefits of Braintrust, since it is a comprehensive and well-designed platform.

After completing their profile with their work history and other vital facts that are relevant to hiring managers, job-seekers can begin browsing online positions. Those looking for work can place bids on the opportunities that interest them. By utilizing Braintrust, top-tier individuals may assume control and governance positions. Since there are no out-of-money costs associated with employing them, they get to keep all of their earnings. In order to streamline the time spent looking for work, candidates are matched with projects that best utilize their unique set of talents and interests. Additionally, brilliance is assured of financial reward.

Employers may benefit just as much from Braintrust's top-notch design and features as job seekers do. Employers may advertise open positions for no charge after quickly listing an account on the platform. With the use of cutting-edge algorithms, Braintrust can swiftly find candidates who might be a good fit for a job listing. Enterprise clients may be connected with competent, eager-to-work candidates within 48 hours. As an added bonus, Braintrust includes helpful features that support onboarding, compliance, and billing a breeze. Also, without any intermediary taking a cut, the hired talent gets to keep all of their money, allowing businesses to pay a higher net salary to compete for top talent.

Knowledge workers and companies benefit most from its decentralized platform because of this. Ownership of the platform is bolstered while worker independence and profitability are both improved. In a nutshell, Braintrust has been carefully crafted with a plethora of features to perform what other recruiting platforms have failed to do.

Individuals must submit an application to the Braintrust Talent Network before they may become part of the Braintrust talent community. In order to access one's Braintrust wallet and manage one's BTRST tokens, users will be requested to establish a Talent Account. Users who are actively looking for work in the platform should create an account here. Before users can begin their job search and make full use of the platform, they must pass a rigorous verification procedure.

Employers who want their employees to have access to all of the features and advantages of the Braintrust network can enroll in the Braintrust Node Program. To be more precise, users may keep 90% of their earnings while only paying a 10% network fee in exchange for the ability to earn 20% more BTRST tokens. By joining Node, you can tap into a pool of thousands of qualified IT experts who are just waiting to get started on your next project. Meanwhile, businesses who take part in the Node Program are entered into a contest for each successful recommendation they make. Each month, one lucky participant receives 1% of the GSV (Gross Services Value) contributed by all nodes. To the tune of $10,000, you may expect to get this in BTRST.

Token holders in the Braintrust ecosystem have a voice in the platform's evolution through a democratic voting network. Temperature Checks are a type of simple "yes/no" poll that may be conducted off-chain. After this, a more formal polling method called a Consensus Check is carried out. On-chain voting requires the creation of official proposals, which are then put to a formal vote.

Anyone who uses the Braintrust platform can join the Connector Program as a Braintrust Connector. Tokens are awarded based on how many successful introductions are made between job seekers and companies. In BTRST tokens, the maximum payout for a referral is $10,000. Those that join can gain monetarily while also aiding the network in reaching and serving more technically proficient individuals.

Although Braintrust has its own wallet, users on the network will require their own cryptocurrency wallet in order to cast votes, staking coins, or engage in the Braintrust economy. They will need to sign up for a new wallet if they want to access the financial benefits of their BTRST tokens.

IT professionals and companies looking to hire them can choose from a plethora of online job boards. Braintrust, on the other hand, is the first decentralized talent network to utilize blockchain technology to provide a better experience for all participants.

There is a well-established Braintrust community of users and contributors who work together to maintain and improve the platform. Governance is a multi-tiered mechanism that allows all members and owners of the community to have a say in the direction the platform takes. This is in contrast to certain other recruiting platforms, which may be totally driven by corporate ownership and as a result lose touch with what is essential to the people and businesses they serve.

The invoice pays Braintrust a fixed rate of 10% of all invoices paid. There are no deductions taken out of the IT talent's pay, so they get their entire salary as promised at the start of the contract. Other platforms often feature fees that are difficult to discern and can have a high impact on workers' pay. This decreases the platform's appeal to the most qualified candidates that companies are actively seeking to hire.

Braintrust's mission is to provide a recruitment platform that is superior in every way. The platform's success is based in no little part on the businesses that hire via it. Braintrust is always trying to grow, and one way it does this is through its Braintrust Connector Program, which rewards members for referring new members. Therefore, an individual can earn BTRST tokens as compensation for making a recommendation to a company. Each recommendation can be worth up to $10,000 depending on a number of criteria such as the number of contacts made as a direct result of the referral.

A variety of funding opportunities are available through Braintrust, and they serve various goals. Technical contributors to the platform's open development are eligible for Builder Grants, which are awarded to project managers, designers, and developers. This material may, for instance, include advice on how to ace job interviews, how to craft winning proposals, and key subjects.

In the months that followed, the network was built, but it didn't come out of the shadows until 2020. In the interim between these two major events, the firm completed a seed investment round in November 2018 that brought in about $5 million. As a result of its successful June 2019 private beta launch, Braintrust has partnered with companies including RocketSpace, Silicon Foundry, IDEO, and many more. In November of 2020, following the public beta launch, Braintrust secured an additional $25 million in investment. It soon surpassed $5 million in GSV. After the public release of the token in September 2021, the value of GSV increased at a pace of 34% each month on average. Its GSV hit $31 million at the end of 2021. In addition, the no-fee structure of Braintrust has led to a rise in the hourly rate for individual talent to about $100. Simultaneously, it has expanded its referral program, which now accounts for more than half of its new customers. Its typical project cost is a staggering $57,000. The number of openings advertised on its platform has increased by a factor of three since 2021. Braintrust will keep operating in the future with the help of community governance. In addition, Braintrust will keep working to broaden its presence in the recruiting sector by encouraging additional businesses and IT professionals to join the platform.

By bringing on board new customers, demand is created for the Braintrust native token, BTRST. In particular, customers improve their employment ads by using BTRST. Job-seekers can spend their tokens at the Braintrust Academy to enroll in various courses. Participants can stake BTRST or cast votes with tokens. Professionals in the IT industry can utilize tokens to gain access to a number of benefits and services. In addition to these functions, BTRST may be acquired through the platform's peer-vetting system and the referral of more talent and employers. Included in this sum are 54% of the coins allocated to the various incentive programs and network prizes. Initial investors in the network may own as much as 22% of the company. There are a total of 250,000,000 tokens in circulation, with only $120,000,000 in circulation at now.

A lot of users are wondering if they should save BTRST tokens in their wallet or build them on an exchange for fiat currency. The price of BTRST was very close to $30 in September of 2021. The token is now valued at $2.40 as of September 2022. This downward trend in BTRST's price can be seen as a reflection of market conditions rather than the token's fundamental worth, since cryptocurrencies as a whole have taken a knock in recent months. It's built on top of a solid foundation, providing essential features for an expanding user network. The market cap for BTRST is around $290 million as of the day this article was written (September 28, 2022). It also has the potential to be embraced by a wide range of industry leaders, which might drive up costs. It is quite improbable that BTRST will hit $30 per token anytime soon, says Kalkine Media. Nonetheless, PricePrediction suggests that it might be realistic to anticipate a ten-figure price by 2026.

Since its inception, Braintrust has seen tremendous growth, and its influence in the recruiting industry is only expected to increase. The platform's decentralized nature and novel pricing model also set it apart from other recruiting sites. Short-term holders may experience modest gains due to the general volatility of cryptocurrency prices. While short-term volatility is high, BTRST might be a good option for individuals looking to take a long position due to its high long-term potential for gains.

Braintrust has revolutionized the IT staffing industry since its inception. Future improvements to Braintrust will be possible thanks to user-driven governance, which will help the platform evolve in a way that serves its intended purpose. Moreover, the platform will keep growing, primarily through word-of-mouth, to link more job-seekers with companies.

In order to function, Braintrust relies on the BTRST token, which can be earned and used by both job-seekers and businesses. BTRST has a high potential for growth and unique features, however there are a finite quantity of tokens accessible for public investment. Examining Braintrust in further depth and taking use of its ever-evolving features is recommended for both IT workers and employers.

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