Saga is a Layer 1 blockchain protocol that allows developers to design their own dedicated chains for running applications. Learn more in this article.

 universe right now is the lack of accessible tools for developers. Many people interested in designing new 

 projects struggle to find the right software developer kits (SDKs) for their projects. The Saga ecosystem aims to fix this issue by providing unparalleled support to app and game developers. 

Can the Saga ecosystem really become the premier chain for web3 development? Keep reading to learn how it works and see whether it's likely to attract new developers.

 blockchain protocol. It allows developers to design their own dedicated chains for running applications. People who work on Saga all share the same security, scaling solutions and SDKs, but they each get their own unique chain that they can customize to suit their needs.

 of technology, crypto and finance enthusiasts. CEO Rebecca Liao is a co-founder of the Skuchain project, the designer of the 

 and a former international corporate attorney. Other members of the founding team include former Tendermint executive Jin Kwon, Blocktech Ventures founder Bogdan Alexandrescu and 

. They realized that there was a major need for a development-focused blockchain specifically designed for game project development. Saga's mission has attracted many major investors, 

Saga aims to create a new system for web3 project developers. Currently, most developers have to choose between the ease of working on an established chain like 

 versus the convenience and customization of designing their own chain. The Saga team realized that the most effective option for game developers would actually be a combination of the two types of development environments.

Saga wants to let developers set up their own sovereign blockchain so they can decide how things like 

 and transaction fees work. However, Saga also aims to provide extensive support for developers in its ecosystem. Its underlying framework ensures that people still have excellent security and a reliable validator set, no matter what their gaming project is.

 ecosystem, whose interchain web development standard is a set of protocols that allows a broad variety of blockchains to communicate with each other. The Saga network uses the 

 and the shared security system of the Cosmos ecosystem to manage the network, and has created its own Layer 1 chain that runs the entire Saga ecosystem and can do things like automatically launching 

The Saga Mainnet handles each developer's compiled smart contract binary. However, it also runs parallel dedicated chains that function as virtual machine (VM) modules capable of handling a specific set of smart contracts. End users for blockchain games and other apps interact only with the dedicated blockchain, while the developer's system manages the fees and individual transactions on the Saga Mainnet.

All of the chains on Saga are validated through optimistic coordination, which requires every Saga validator to validate each chain in the Saga ecosystem via 

 validation, verifying transactions by temporarily locking Saga tokens.

The Saga network contains a lot more than just the basic features offered through the Cosmos SDK and ecosystem. In addition to the software development tools and helpful interface for Saga's validators and developers, the ecosystem also contains the following features.

The overall layout of the Saga ecosystem starts with the Saga Mainnet. Built on the Cosmos hub, this framework includes a full validator set and a dedicated blockchain for handling all smart contracts. The basic protocols are passed on to each child chain in the system, and information is relayed back and forth between the main chain and all of the secondary chains. Saga's validators stake tokens, and then check to make sure every element of the topology follows Saga’s regulations.

 are a method for creating a dedicated blockspace that a developer can manage. These chainlets function as virtual machines that can handle smart contracts and automatically launch Celestia rollups. Each chainlet is its own blockchain that handles nothing but a specific gaming project. Developers decide on the gas fees they'll charge users, and can add chainlets as their projects expand and require more throughput from the remaining validators.

Saga's shared security relies on both the Cosmos hub and its own set of validators to secure the network. Validators on Saga’s network are monitored by auditors who can catch potential issues with individual dedicated chains. If anyone in the validator set fails to properly confirm a smart contract, their staked tokens are automatically confiscated.

 is a publishing system for gaming developers who want to create their own blockchains with help from Saga. It offers infinite scalability, seamless 

 and transactions without gas fees. In addition to use of the Cosmos SDK, developers who choose to publish their game through Saga Origins receive access to a variety of helpful marketing and distribution tools.

 is an interconnected blend of all the developers and projects in the Saga system. Though each sovereign blockchain is fully independent of others, they all join together to offer users a variety of exciting web3 projects. People interested in checking out the latest blockchain designs can join the Multiverse and browse all the neat concepts built on Saga.

To help get the Saga validator system started, Saga released 

 to its community members. People were eligible for the 

 if they had participated in the staking program or played in tournaments to promote Saga ecosystem games. The airdrop eligibility period required remaining validators and other participants to be active between January and October of 2023. Once the airdrop began allowing people to claim tokens, it continued to run until Mar 27, 2024.

 consists of four separate phases. The company has already completed the Andromeda and Cassiopeia phases, which focused on designing the Mainnet and setting up the system of Saga validators. Currently, the Saga team is in the Pegasus phase, which is about releasing tokens and opening the Saga Mainnet to the public. Sometime in late 2022, Saga’s team hopes to reach their Mainnet V2 phase, which will prioritize a new version of the Saga Mainnet with more features and options for dedicated blockspace.

SAGA tokens are the primary method for paying fees on the Saga network. These tokens are also used for staking, and function as a method of confirming Saga transactions. There are a total of 

, of which around 90 million have thus far been released. Saga plans to distribute its tokens as follows:

SAGA is still in the early stages of its token launch. However, it’s already surprised investors, having debuted at $4.91 on Apr 9, 2024 before quickly surging to its ATH to date of $7.60. It then steadily declined over the next few days to its current price of $3.06 as of Apr 19, 2024.

 SAGA, with its experts believing SAGA’s price will reach $15.73 by 2025 and decrease in 2027 to $6.27, before rising again to $13.45 by 2030. This bullish sentiment is amplified by analysts at Changelly, 

 SAGA’s price will increase to $6.91 in 2025, $14.21 in 2027 and $44.36 in 2030.

Looking to trade Saga tokens? Bybit now offers SAGAUSDT Perpetual contracts. To get started, you’ll first need to 

, then fund it with cryptocurrency and navigate to the 

SAGA has done an extremely impressive job of attracting users, and seems poised to become the big coin debut of April 2024 with its high price.

However, it's hard to say whether SAGA can maintain its price in the long run. It's quite common for new startups to have a strong start and then drop in price once their project fails to take off. If the Saga ecosystem can’t attract new developers and continue to release impressive projects, investors could see some major SAGA losses in the future.

Since this coin is so volatile right now, investors need to 

. It has the potential for both big profits and big losses, so you’ll want to carefully consider how these price shifts might affect your portfolio. For best results, avoid investing more than you can afford to lose, make sure you diversify your investments — and 

By offering developers the chance to create their own dedicated chains, Saga offers a more convenient and scalable system for blockchain gaming. Its helpful features and low transaction fees have already attracted many people, and it's no surprise that many others are interested in the project. Furthermore, SAGA tokens have had a promising start with extremely impressive growth. If the Saga company can successfully capitalize on its early buzz, it has a bright future.

Intermediate

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Saga (SAGA): Catalyzing the Multiverse With Scalable Chains

Discover Masa, a platform empowering individuals to control and monetize their data, decentralizing AI storage and promoting ethical data sharing.

Few areas of the crypto industry are as popular these days as artificial intelligence (AI). AI-related tokens and projects experience some of the highest growth rates, with particular interest attached to generative AI technology and large language models (LLMs), all thanks to OpenAI's massively popular ChatGPT tool. This is no surprise, as blockchain technology has the potential to address many of the limitations of LLM algorithms, particularly those related to the issues of data and centralization of AI models.

The Masa network (MASA) is a new AI-focused crypto platform that brings a fresh paradigm to the world by allowing individuals to control and monetize their personal data. Its platform also contributes to the AI revolution by decentralizing the storage of both the user data and the LLMs utilizing it.

 (MASA) is a blockchain platform that provides access to user-consented, hyper-specific behavioral and personal data and decentralized LLM algorithms. 

The platform launched its operations on Apr 11, 2024. Masa operates as a subnet on the 

 (AVAX) blockchain. To enable cross-chain functionality, it has also integrated 

 technology. This lets Masa bridge assets, initially to two key blockchains, 

 (BSC), with additional chains to be added in the future.

Masa provides user-consented AI data that’s stored in a decentralized way. As of mid-April 2024, more than 40 million data points from over 1.4 million 

 user wallets are available via its permissionless data layer. Masa represents an entirely new decentralized AI paradigm: while most data providers use centralized storage solutions, its platform's data is always stored in a decentralized, blockchain-based format.

The data made available via Masa’s platform is user-consented for collection and privacy-protected using its Zero-Knowledge 

 (zkSBT) technology, which allows users to share their personal data securely and confidentially by storing this encrypted data on the blockchain. Thanks to the zkSBT, users can share fairly detailed personal data while protecting their identities and the specifics of their online activities.

This user-consented data is directly sourced from users through the Masa App and Masa Chrome browser extension with their consent. Users have complete control over their data, which is collected in a highly detailed, verified and ethical manner. 

As such, it's different from the typical user-aggregated data collected from the internet by companies. Compared to user-consented data, user-aggregated data tends to be less granular and, obviously, has ethical strings attached to it: in most cases, users don't consent to the collection of such data, or (at best) provide reluctant consent by clicking on annoying "Accept All Cookies" buttons.

While focusing mostly on user-consented data, the Masa platform also offers developers a way to access user-aggregated data for a richer data network. Using Masa's web data scraper, developers can extract data from websites, social media posts, blogs and online databases.

User-aggregated data is collected by data node workers via the Masa Oracle network and Masa Chrome extension and stored on the platform, benefiting from the 

In addition to datasets, Masa enables the decentralized execution of LLM algorithms, facilitated by the Oracle node workers, who leverage their surplus CPU and GPU computing power to run open-source LLMs for fine-tuning AI models.

The Masa project aspires to achieve goals crucial to the development of all data and AI industries. First, Masa allows individuals to completely control their own personal data by choosing what to share with the outside world while protecting their confidentiality. The blockchain-based storage mode also ensures the security of the stored data. Additionally, users can monetize access to their personal data, becoming a major beneficiary of its use.

All of these benefits are in stark contrast to the traditional way user data is collected, stored and used on Web 2.0 platforms. In this traditional mode, one is often unaware of what personal data is collected about them, as well as when and by whom. Although the data used for analytics purposes might be in an aggregated form, together with the details of other online users, individual users are still part of the "guinea pig" cohort whose details have been unceremoniously extracted and utilized without their knowledge or consent.

Moreover, when hit online with some fairly relevant advertising based on past search phrases, one begins to realize that data isn't always used in an aggregated format. In fact, its utilization can be quite personalized. And of course, in the traditional mode of data collection, we’re all rarely reimbursed for the data we share.

Another aim of the Masa project is to provide a secure and efficient decentralized infrastructure for running LLM algorithms. Traditional, centralized hosting solutions for AI models face challenges, such as technical capacity and security issues. For instance, many centrally hosted LLM-based solutions suffer from performance degradation when large numbers of users access them simultaneously. Masa's approach to leveraging decentralized resources for running open-source LLMs efficiently addresses these capacity limitations, providing enhanced scalability and reliability for AI applications.

Masa operates as a subnet on the Avalanche blockchain, using cross-chain communications supported by LayerZero to access other networks as well. Avalanche subnets are completely independent 

 networks with their own set of rules and functionalities. Subnets, including Masa, use Avalanche's validators, or a subset of validators, to secure the network and achieve consensus.

Besides the validators, the Masa network has another type of functional nodes — 

. These special Masa nodes play a critical role in providing structured data and advanced AI models while prioritizing data privacy.

The Masa Oracle network acts as a decentralized web scraper, gathering data from the internet and organizing it for AI training and development. This approach gives developers access to hyper-personalized training data to improve language model performance. It also supports the decentralization of LLMs, making them easily accessible without complex setup.

As mentioned above, users can manage access to and monetization of their personal data via Zero-Knowledge Soulbound Tokens (zkSBTs), which provide a secure way of providing access to users’ personal data without compromising their privacy.

 is the main gateway for users to interact with the Masa platform. It lets them provide access to personal data and earn crypto rewards by staking data in four different ways:

Masa’s native cryptocurrency, MASA, is a utility and 

 used to reward users for providing their data to the network. 

 MASA also earns you crypto rewards. Entities who wish to utilize data held by the network pay for access to it in MASA tokens. The token is also used to reward the Oracle nodes.

As a governance token, MASA lets you participate in votes on any changes and upgrades to the platform's rules or fee structure.

The token's supply economics doesn't specify a maximum cap. MASA's total supply is 1,588,866,523, which will be released gradually over a period of around four years starting in April 2024. Token supply allocation shares are per the table below.

The MASA token is available on Bybit via a 

. Bybit's Spot and Derivatives markets provide you with opportunities to trade hundreds of cryptocurrencies and crypto-based products. If you don’t have a Bybit account, you can easily 

 to access Bybit's range of crypto products and assets.

The Masa network is a refreshing addition to the data industry, whose user consent and privacy have been under attack for many years. The Masa platform puts data ownership in users' hands, allowing them to control access to their data and benefit from its monetization. As online privacy concerns and invasive Web 2.0 advertising shenanigans grow, more users will be attracted to Masa's unique data concept.

In addition to allowing individuals to control and monetize their data, Masa also contributes significantly to the development of 

, which is important because the decentralized mode of data and model storage championed by the platform has the potential to solve many technical limitations of LLMs and other types of AI algorithms. This is a network full of merit and promise; all it needs now is wider recognition and user adoption.

Advanced

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Masa (MASA): Powering AI With User-Centric Data Monetization

Today’s outperformer is LSK, which jumped 17.63% after Lisk partners with Velodrome to enhance blockchain access and drive ecosystem growth.

The SPX index is down 0.22% as the market anticipates less Federal Reserve rate cuts, considering the possibility of no cuts this year. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 4.18% and 3.19%, respectively in the past 24 hours.

Lisk (LSK), launched on May 2016, is a cryptocurrency platform that enables developers to build decentralized applications (dapps) using JavaScript and TypeScript. It supports custom "sidechains" within its network, offering tools like a software development kit. Lisk has announced a partnership with Velodrome to support and expand its blockchain ecosystem. Lisk will purchase and lock $VELO tokens for voting, directing VELO emissions to key pairs on Lisk. This collaboration aims to support existing protocols on Lisk, attract new developers, and enhance blockchain accessibility and adoption in emerging markets. Velodrome will back Lisk's Layer 2 initiatives, aligning with the goal of creating a scalable, interoperable Ethereum future.

Check Out the Latest Prices, Charts, and Data of 

The Runes protocol is set to debut alongside Bitcoin's 2024 halving, heralding a new phase in Bitcoin's evolution by enabling the creation of fungible tokens directly on its network. This follows the impactful Ordinals protocol, which significantly expanded Bitcoin's functionalities. The Runes protocol will spark competition among developers to issue and acquire the first tokens, with global exchanges ready to support these tokens from day one. The halving event will also feature a race to mine a highly valuable "Epic" satoshi. As Bitcoin approaches this transformative era, extensive preparations and educational initiatives are underway to equip users for the forthcoming changes, marking a profound shift in Bitcoin's operational and cultural landscape.

Spot Bitcoin ETFs have yet another day of outflow, however, yesterday’s outflow was close to neutral. The market has seen fluctuating flows in these ETFs, with significant activity in some and none in others, reflecting mixed investor reactions. Recent substantial outflows echo trends from March, but analysts regard such fluctuations as typical for ETFs and not indicative of failure. Despite this volatility, the outlook for Bitcoin ETFs remains positive as they continue to draw institutional interest and shape market dynamics.

Avail, a blockchain data-availability protocol developed using Polygon’s SDK, has announced an airdrop of 600 million AVAIL tokens, marking its one-year anniversary since spinning off from Polygon Labs. The "Unification Drop" aims to bring together various blockchain communities by rewarding developers, governance contributors, educators, rollup users, stakers, and others who have significantly contributed to the ecosystem. Avail's infrastructure includes three segments: Nexus for cross-chain transactions, Fusion for liquid staking on chains like Ethereum and Bitcoin, and DA for scaling rollups through technologies like KZG commitments. The airdrop will distribute tokens to 354,605 wallet addresses and includes significant allocations for various roles across multiple blockchains, including Ethereum, Bitcoin, Solana, Cosmos, and more, emphasizing a unified Web3 environment.

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Runes Protocol Revolutionizes Bitcoin with New Token Capabilities Ahead of 2024 Halving

Nolus is a decentralized finance lending protocol with cross-chain capabilities. Learn more about how it works in this article.

One of the big advantages of decentralized finance (

) is that it provides more options for users. People who cannot get traditional loans because a typical bank deems them "high-risk" can turn to the DeFi sector to borrow crypto assets. The Nolus Protocol is a new DeFi lender that offers users all sorts of exciting opportunities. To see how this intriguing project works, explore this guide to learn all about Nolus.

 is a DeFi lending protocol. It has cross-chain capabilities that let people choose the most favorable rates possible and avoid the need to save up funds for liquidity.

Nolus was founded by Ivan Kostov and Kamen Trendafilov. Kostov worked in traditional finance, while Trendafilov has a background in marketing and business. During their time in these sectors, Nolus's founders realized that blockchain networks had the potential to revolutionize banking. They decided to join together and create a new leasing system that makes the most of DeFi products instead of just trying to mimic past banking methods.

Nolus started work on its plans in 2022 and officially launched its mainnet in 2023, having successfully completed several investing rounds and receiving 

 Token Metrics, Autonomy Capital, Everstake and more.

Nolus aims to tackle three problems common in crypto lending markets:

 software developer kit (SDK). Its code is entirely open sourced, and is updated and changed only when all stakeholders in the Nolus community vote to do so. According to the Nolus white paper, its ecosystem’s goal is “to build a novel user experience–driven automated money market” that facilitates direct interactions between lenders and borrowers without involving any other users.

The Nolus lending method starts with lenders choosing to supply 

 to the system. Any borrower who submits a down payment can get a loan from this supply of stablecoins. Both the coins and the down payment are 

, and interest is determined based on the value of the items. There’s no fixed repayment schedule, but the smart contracts ensure that interest is automatically removed from the collateral, and then paid to the lender at regular intervals. Once the user decides to repay the lease, the original assets are released from the smart contract.

Nolus's lending protocol includes many ways for customers to profit and enjoy convenient services. Here are the main DeFi products you can access through Nolus.

DeFi leasing on Nolus is designed to be as convenient as possible. Customers don’t have to go through a lengthy application or pay a lot of fees to other users. You just enter your collateral and get a loan of up to three times the value of the initial investment. Interest rates vary between 11% and 18%, based on the market value of the digital assets. The 

 allow the loan to be repaid on your own schedule. However, keep in mind that you pay more interest if you wait a longer amount of time to repay the loan.

If you want to earn money based on your existing crypto, you can join one of the many 

 on Nolus by submitting stablecoins in exchange for interest-bearing Nolus crypto. When you're ready to withdraw your funds and stop participating in DeFi leasing, you can cash out your Nolus tokens to receive your initial asset, plus any additional interest or network fees you’ve earned.

Nolus's system of money markets isn't the only thing they provide. Users who decide to 

 a crypto asset on Nolus can earn more money. The Nolus ecosystem offers the option of staking NLS tokens in exchange for various incentives. Lenders receive higher amounts of rewards for lending stablecoins, and borrowers get a lower interest rate.

Nolus has had some impressive growth since its launch in 2023. In just six months, the lending protocol has assisted with thousands of loans, collectively worth $8.6 million in total. Its team calculates that they've managed to achieve an average 

Nolus hopes to expand on this momentum in 2024. Its main plan is to continue marketing the lending protocol heavily, attracting more users who want to do their own research and find the best possible loans. To further attract users from the DeFi sector, Nolus aims to add more support for other crypto tokens and increase network liquidity. Nolus stands for community-led governance, so they don't have a long-term road map in place. Instead, they plan to evolve and adjust to suit whatever community needs arise in the future.

. It allows users to adjust their interest rates, and it's also a 

. People with NLS tokens can vote on how the platform is run and help implement new changes for the platform. The NLS token has a total supply of 1 billion. Nolus’s plan is to gradually mint tokens over a ten-year period, and implement a token buyback program to help maintain value. NLS token distribution will be as follows:

When the NLS token was released in the summer of 2023, Nolus prices were fairly stable. However, now that investors can sell their NLS tokens, prices have become more volatile. Starting in December 2023, NLS prices 

, and although the token currently seems to be dropping from its all-time high of $0.10, more price increases seem likely in the future.

Not only is the market for the NLS token quite bullish right now, but the Nolus lending protocol is also attracting a lot of positive attention in the crypto space. If the network can maintain its positive attention and attract more users, prices seem likely to rise even further. CoinCodex predicts Nolus prices will stay in the $0.04 to $0.19 range for 2025, and hit 

. This attitude is backed up by crypto influencers such as Crypto Revolution, 

 an underrated crypto with a lot of potential for growth.

The Nolus project is a well-thought-out crypto protocol that offers users significant advantages. Its innovative approach to lending could potentially attract a lot of users from the DeFi space. In addition to having a reliable system backed with effective technology and a detailed white paper, NLS digital assets have also experienced some promising growth patterns. The crypto asset has had a slow yet steady climb in price, and now that it's trending in crypto news, it seems poised to take off.

However, keep in mind that it's still important to 

 on digital assets. Some crypto investors might find it concerning that the Nolus project is mostly backed by marketers, instead of blockchain enthusiasts. There have also been some tech issues, such as the 

 that led to some unnecessary margin calls. Subsequent issues could limit price appreciation of its crypto assets. Therefore, it's necessary to approach Nolus with caution and not overextend your finances.

Nolus's DeFi lease system allows people to obtain easy access to crypto. Its innovative approach provides investors with significant advantages. Unlike traditional finance, there's no lengthy application process, and in contrast to many other blockchain networks Nolus doesn't have frequent margin calls or high network fees. As long as Nolus doesn't run into any technological issues or financial problems, its network is likely to have a lot of success in the DeFi space.

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Nolus (NLS): Crafting Liquidity's Future With Leading DeFi Leases

Bybit Learn

DeFi

Braintrust is a DeFi talent network that matches employers to vetted knowledge workers based on rates, skill set and location. Read about how it works here.

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The challenge of connecting respected employers with top talent in the tech industry has persisted for years. Using third-party agencies has proven to be costly and tedious for many companies and job seekers. 

 platform that connects tech talent with hiring managers for a transparent, hassle-free experience on both sides. From speeding up the hiring process to guaranteeing quality work and payments, Braintrust has been changing the landscape for its many clients. So what exactly can you expect from Braintrust?

In the recruitment and crowdsourcing industry, numerous online job posting platforms seemingly provide an easy way for employers to connect with talent. However, these are generally ineffective, expensive platforms that are cumbersome to use. Braintrust is a network marketplace that is governed by its network participants. It’s designed as a liquid environment that’s controlled by algorithms, and it brings true benefits to both IT talents and employers.

 and Gabriel Luna-Ostaseski, originally identified core issues with existing recruitment and crowdsourcing platforms. The concept of Braintrust as a decentralized network marketplace was born to counter those core issues. Braintrust debuted its public beta in June 2020, and it has grown substantially over its relatively short history, thanks to the hard work of its co-founders, developers and other critical contributors. It managed to raise $25 million during a strategic funding round held in November 2020, eventually launching its public network and releasing BTRST, its native token, in September 2021.

, including project contributors and knowledge workers located around the world. Notably, the businesses that make regular use of Braintrust’s extensive features and benefits also play a firm role in building its community. This innovative approach ensures that users’ needs are consistently met, and that the platform won’t lose touch with either employers or talent. Ownership is granted through Braintrust’s token, BTRST. Some of its many notable members within the 

 include Nike, Goldman Sachs, Intel, IBM, Porsche, Nestlé, Nextdoor, Deloitte and many of the world's leading enterprises.

While there are many talented tech professionals who are actively seeking work with respected companies, connecting with those individuals and companies has proven to be stressful and time-consuming for both employers and talents respectively. 

Despite the availability of many recruitment platforms online, some of these platforms may be riddled with undesirable features and rigorous challenges. For example, they’re generally expensive to use, with considerable fees. Often, these are hidden fees that add to the employers’ recruitment expenses and/or detract from the talent’s compensation. In addition, job seekers are often concerned about where they’ll find their next gig, due to the slow process, and whether they’ll get paid in a timely manner.

When Braintrust was initially conceptualized and developed, the goal was to overcome these challenges with a more innovative, productive platform. Clients and users become owners in the space by holding BTRST tokens and taking on governance responsibilities. They steer the direction of Braintrust’s continued development so that the platform is consistently evolving to meet their needs and deliver a superior experience. 

Owing to this aspect of Braintrust’s design, it eliminates middlemen who may be out of touch with users’ needs — and who may inflate the process with unnecessary fees. In addition, the platform makes it much faster and easier for talent to connect with employers. In some cases, using the platform can shave weeks or even months off of the hiring process timeline. Braintrust’s innovative design elevates the experience of parties on both sides to enhance productivity and profitability.

Braintrust is a comprehensive, well-designed platform that specifically benefits parties on both sides of the IT recruitment equation. 

 by opening a new online account with Braintrust. They are then prompted to create a talent profile that outlines their professional experience and background. Once the profile has been completed, with their work history and other essential details that are pertinent to hiring managers, job seekers can start reviewing the online listings. 

Listings provide detailed requirements and responsibilities for each available position. Job seekers bid on the projects that they’re interested in. With Braintrust, talent can take ownership and governance roles. They can keep all of the money they earn, without having to cover hiring fees and other expenses. Job seekers are matched with projects suitable for their interests and skills, so that the overall process of finding the next gig can be completed quickly. In addition, talent is guaranteed to receive compensation. They also receive 

Braintrust’s excellent design and features are 

. After an employer goes through the quick process of establishing an account on the platform, they can post a job listing at no cost. Braintrust uses advanced algorithms to quickly identify talent that may be a great fit for that job listing. Within 48 hours, enterprise clients may be matched with well-qualified individuals who are eager to get to work. 

Braintrust also has advantageous features that support hassle-free onboarding, compliance measures and invoicing. And because the hired talent keeps 100% of their earnings, without a cut for the middleman, employers can offer a more competitive net wage to attract leading talent.

Braintrust aptly uses blockchain technology to change the landscape of IT headhunting. Its decentralized platform specifically puts knowledge workers and employers in the driver’s seat. This enhances worker freedom and profitability, while granting ownership of the platform. In short, Braintrust has been expertly developed with numerous features to achieve what other recruitment platforms have failed to do.

To join the Braintrust talent community, individuals must first apply to the 

. Then, they’ll be prompted to create a Talent Account, through which users can access their Braintrust wallet and manage their BTRST tokens. These accounts are specifically for members of the community who want to use the platform to search for employment. Applicants must progress through a stringent vetting process before they can start their job search and make full use of the platform.

 is designed for employers who want to take full advantage of the functionality and benefits offered through the Braintrust network. Specifically, participants can earn BTRST tokens with a 20% discount, while paying only 10% of their revenue as a network fee. By doing so, Node participants gain access to thousands of vetted IT professionals who are eager to start working on new projects. 

 qualifies employers for a competition for each referral they successfully execute. One winner is selected each month, to be awarded 1% of the total node 

 (or GSV) contributions. This will be paid in BTRST, up to a $10,000 value.

All token-holding participants in the Braintrust network can 

 to help steer the direction of the platform’s future development. Off-chain and on-chain voting methods are used together to promote discussions and simplify voting on proposals. 

Off-chain voting includes a basic “yes or no” poll, referred to as a Temperature Check. This is followed by a Consensus Check, which is a more formal polling procedure. 

For on-chain voting, formal proposals must be created before they go through a formal voting process. Only projects that pass through all steps successfully are then executed and brought to fruition.

 is open to all of the platform’s participants. It enables participants to earn BTRST tokens as a reward for successful referrals. The amount of tokens earned depends upon the number of connections between job seekers and employers that the referral generates. 

The maximum earning per referral is $10,000, which is payable in BTRST tokens. Participants can profit financially, while also helping the network expand its reach to better serve highly skilled technical talents.

, participants in the Braintrust network will need access to their own 

 if they want to participate in voting, staking or trading. 

Numerous wallets are available that accommodate BTRST tokens. Participants can connect an existing wallet that supports BTRST tokens to their accounts. Otherwise, they’ll need to register for a new wallet in order to benefit financially from their BTRST tokens. 

 are only two of the options available for Braintrust users to consider.

There are numerous recruitment platforms that appeal to IT talent, and to employers seeking their skilled labor. However, Braintrust is the first decentralized talent network that makes use of blockchain technology to deliver a superior experience for all parties. What are the specific benefits that IT professionals and employers can enjoy by being active on Braintrust?

Braintrust has an established community of users and contributors, each of whom participates in the functionality and continued development of the platform. All token holders can participate in community discussions to explore and debate new ideas for future development. 

Governance is a multi-layered process that gives all of the community’s members and owners the ability to participate and contribute to the future of the platform. This is unlike other recruitment platforms, some of which are entirely steered by corporate ownership and may thus lose touch with what’s important to the people and companies whom they serve.

 with a simplified fee structure. With each invoice paid, the employer pays a flat fee of 10% to Braintrust. The tech talent isn’t responsible for any fees, so each worker receives the full amount of compensation that’s agreed upon at the start of the contract. This stands apart from the rate structure for other popular recruitment platforms. Commonly, other platforms have hidden fees that may be difficult to identify, which can detract from workers’ earnings at a relatively high rate. This makes the use of such platforms less appealing to the top talent whom employers are trying to attract.

Braintrust is committed to being the most robust and advantageous recruitment platform available. A solid portion of its success is rooted in the employers who use the platform. As part of Braintrust’s continued efforts to expand, it actively solicits referrals from its participants through its Braintrust Connector Program. As a result, a referring party can receive BTRST tokens as a reward for a successful employer referral. The specific value of a referral is based on several factors, including how many connections occur as a result, and the maximum value of each referral is $10,000.

, each of which has a different purpose. 

, for example, promote brand awareness through a variety of marketing avenues, which include social advocacy, viral campaigns and more. 

 are open to project managers, designers and developers who want to make technical contributions to the continued development of the platform. 

 serve the important purpose of growing available content in the 

. For instance, this content may cover interview training, proposal generation and other key topics relevant to the hiring process. These and other grants are accessed via Braintrust’s 

The insightful concept of Braintrust was formed in August 2018. The network was developed in the months that followed, but it remained in stealth mode until it officially launched in 2020. In between these important milestones, the company raised approximately $5 million in funding from a seed round held in November 2018. After a private beta launch in June 2019, Braintrust attracted partnerships with RocketSpace, Silicon Foundry, IDEO and others.

After the official public beta launch, Braintrust obtained another $25 million in funding in November 2020. Shortly afterward, it passed the milestone of $5 million in GSV. Its governance came online in May 2021. The token was officially launched to the public in September 2021, after which GSV grew at a monthly average rate of 34% for a period of time. By the end of 2021, it reached $31 million in GSV. 

More than that, Braintrust’s unique, no-fee design has expanded the hourly rate for individual talent to almost $100. At the same time, it’s grown its referral program — through which it currently acquires more than half of its new clients. Impressively, the average size of its projects is $57,000. Since 2021, the number of job opportunities listed on its platform has tripled.

Going forward, Braintrust will continue to function on community governance. Its community members will devise, discuss and vote on key changes to the community in order to promote its growth. In addition, Braintrust will continue to focus on expanding its reach in the recruitment industry by attracting even more employers and IT talent to use the platform.

Demand for the native BTRST token that drives Braintrust is BTRST, is introduced by onboarding new clients. Supply is generated through talent. Specifically, clients utilize BTRST to make enhancements to their job listings. 

Job seekers use their tokens to take courses through the Braintrust Academy. They can stake their BTRST, or use their tokens to vote on proposals. Tokens can also be used by IT talent to access various discounts, perks and other resources. In addition to these uses, parties can earn more BTRST through the peer-vetting process, and by referring other talent and employers to the platform.

Most BTRST are allocated for the development of the network. This includes 54% of the coins, which are used for network rewards and community incentives. Up to 22% have been allocated to the network’s initial investors. Another 19% are held by early contributors. Only 5% will be listed for public sale via CoinList. The total available supply of tokens is 250 million, and the current circulating supply is just under 120 million.

Many people want to know if they should build up a supply of BTRST tokens in their wallet, or convert any extra tokens to fiat through an exchange. A look at the historical performance of the token price and what it may do in the future is essential. In September 2021, the price of BTRST was close to $30. As of September 2022, the token’s price is at $2.40. Cryptocurrencies have taken a hit across the board in recent months, so this downward trend in BTRST’s price should be considered a reflection of market conditions rather than the inherent value of the token. It has strong fundamentals with critical functionality on a well-designed, growing network.

As of this writing (Sept. 28, 2022), BTRST has a market cap of around $290 million. In addition, it can be adopted by numerous major companies, which may lift the price further. According to 

, it’s unlikely that BTRST will reach $30 per token soon. However, according to 

, it may be reasonable to expect it to hit a double-digit price by 2026.

Braintrust has already gained significant momentum since its launch, and it continues to expand its reach in the recruitment space. More than that, it stands apart from other recruitment platforms through its innovative fee structure and decentralized design. The price of cryptocurrencies is volatile across the board, so short-term holds could see small gains. However, because the potential for substantial gains in the long term is significant, BTRST may also be suitable for those who are interested in a solid long position.

Since its launch, Braintrust has been changing the landscape of IT recruitment. It empowers its users through direct ownership while maintaining a great fee structure with full transparency. It also offers educational resources for talent to take advantage of. Looking forward, Braintrust can continue to develop through user-controlled governance, which will effectively steer the platform toward purposeful evolution that is purposeful. In addition, the platform will continue to expand its reach, relying heavily on referrals to connect more job seekers with employers.

Braintrust runs off of the power of the BTRST token, enabling job seekers and employers to earn tokens and use them effectively. With a limited number of tokens available, and with a small allotment for public investments, BTRST offers considerable upside potential and exceptional functionality. Both IT professionals and employers are encouraged to explore Braintrust in greater detail and to take advantage of its continually evolving features.

Braintrust (BTRST): A Next-Generation DeFi Talent Network

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