What is Braintrust token (BTRST)?
Quick Facts
- Token: BTRST — ERC-20 on the Ethereum blockchain
- Network: Braintrust, a decentralized talent marketplace
- Launched: September 2021 on Ethereum mainnet
- Founders: Adam Jackson, Gabriel Luna-Ostaseski, and Brian Flynn
- Governance: On-chain voting via Tally and Snapshot (one token, one vote)
- Backers: Tiger Global, Coinbase Ventures, Pantera, Multicoin Capital
- Enterprise clients: Goldman Sachs, Nike, Nestlé, Porsche, Atlassian
Introduction
BRTST is the utility and governance token powering Braintrust — the world's first decentralized, user-owned talent network. It connects skilled knowledge workers with leading global enterprises, while redistributing value back to the people who build and grow the platform.
Unlike traditional freelance marketplaces that extract large fees from talent, Braintrust allows professionals to retain 100% of their earnings. Clients pay a low platform fee, and the proceeds flow back into the community treasury.
History & Background
Braintrust was founded by Adam Jackson, Gabriel Luna-Ostaseski, and Brian Flynn with a vision to reinvent how skilled professionals connect with enterprises. The BTRST token launched publicly on the Ethereum mainnet in September 2021, instantly creating tens of thousands of community co-owners of the network.
The platform has since grown to over 50,000 community members across more than 100 countries, attracting major enterprise clients and backing from prominent venture funds.
How Braintrust token Works
BTRST aligns the incentives of everyone on the network. When platform fees are collected on client contracts, they are automatically converted to BTRST on the open market via the Fee Converter mechanism. Those tokens then flow into the DAO Treasury, which is controlled by BTRST holders and used to fund community earning programs.
Token holders vote on key decisions through on-chain governance tools — from platform fee levels to dispute resolution policies. Each token equals one vote, meaning those who contribute more earn more influence.
Tokenomics
BTRST has a fixed supply with no future minting, ensuring the token's scarcity over time. The distribution model prioritizes the community, with a significant allocation set aside for incentives and rewards. Team and early backer allocations are subject to multi-year vesting schedules with cliff periods, aligning long-term interests. Fees collected by the platform fund the treasury organically, rather than relying on token inflation.
|
Circulating Supply
| 250.00 million BTRST |
|---|---|
|
Total supply
| 250.00 million BTRST |
|
Max supply
| 250.00 million BTRST |
Ecosystem & Use Cases
BTRST has several core functions within the Braintrust ecosystem:
- Governance: Token holders vote on network rules, fees, and expansion decisions.
- Referral rewards: Earn BTRST by referring clients (2% of contract value) or talent (1% of billings).
- Reputation and vetting: Contribute to talent quality by vetting peers and earn BTRST in return.
- Premium features: Use BTRST to access exclusive perks like 1:1 career coaching and platform benefits.
Team, Governance & Community
Braintrust is issued by the Braintrust Technology Foundation, a nonprofit entity. Governance is decentralized through Tally and Snapshot, giving any BTRST holder a formal voice in the platform's future. The community spans freelancers, connectors, and enterprise clients who collectively shape the direction of the network.
Advantages
- Zero fees for talent — professionals keep all of their earnings, a sharp contrast to traditional platforms.
- Community ownership — BTRST holders genuinely govern the network and share in its growth.
- Transparent fee flow — platform fees are converted on-chain and routed to the DAO Treasury publicly.
- Enterprise-grade demand — partnerships with globally recognized brands validate real-world adoption.
- Sustainable incentive model — rewards are funded by platform revenue, not inflationary emissions.
Risks & Challenges
- Market competition — centralized platforms like Upwork and Fiverr have massive head starts in user base and brand recognition.
- Token volatility — BTRST's value can fluctuate significantly, which may impact user confidence in token-based rewards.
- Adoption dependency — the model's success depends on sustained enterprise demand and talent supply on the platform.
- Regulatory uncertainty — decentralized labor platforms and governance tokens face an evolving legal landscape globally.
Long-Term Vision
Braintrust aims to fundamentally reshape the future of work by making talent networks user-owned and community-governed. The long-term goal is a self-sustaining marketplace where the BTRST token aligns everyone's incentives — talent, clients, and connectors — so that network growth directly benefits contributors. As Web3 adoption grows, Braintrust positions itself as a blueprint for how decentralized platforms can outcompete extractive, centralized alternatives.
Frequently Asked Questions
- What is BTRST used for?
BTRST is the utility and governance token of Braintrust. It is used to vote on network decisions, earn rewards for referring clients and talent, access premium platform features, and participate in the DAO Treasury.
- How do I earn BTRST tokens?
You can earn BTRST by referring clients to Braintrust (earning 2% of contract value), referring talent (earning 1% of their billings), completing your talent profile, and contributing to peer vetting on the network.
- Is BTRST a governance token?
Yes. BTRST holders vote on key platform decisions including fee levels, dispute resolution, and network expansion using on-chain governance tools like Tally and Snapshot. Each token equals one vote.
- On which blockchain is BTRST issued?
BTRST is an ERC-20 token issued on the Ethereum blockchain. Its contract address is 0x799ebfabe77a6e34311eeee9825190b9ece32824, verifiable on Etherscan.
- Who founded Braintrust?
Braintrust was founded by Adam Jackson, Gabriel Luna-Ostaseski, and Brian Flynn. The token and network were publicly launched in September 2021.
- How does Braintrust make money without charging talent fees?
Braintrust charges a low service fee to client organizations on contracts. Those fees are automatically converted to BTRST on the open market via the Fee Converter and deposited into the community-controlled DAO Treasury.
- Who backs Braintrust?
Braintrust is backed by notable investors including Tiger Global, Coinbase Ventures, Pantera Capital, and Multicoin Capital, as well as a range of individual investors.
- What enterprises use Braintrust?
Braintrust's enterprise clients include globally recognized companies such as Goldman Sachs, Nike, Nestlé, Porsche, and Atlassian, demonstrating broad adoption across industries.