Adam Jackson
๐ค SpeakerAppearances Over Time
Podcast Appearances
Then COVID hit, remote work became the new normal.
The brain trust model became really in demand.
And then fast forward to September of 2021, last year, our token hit the Ethereum mainnet.
Sure.
Yeah.
It just means the brain trust token, BTRST, is now live on the blockchain and can be given to anyone who helps the network.
It can be bought and sold on Coinbase.
It's a live token ecosystem.
It's not a test net anymore.
Yeah, it's totally market driven.
So it's just, you know, total supply and demand dynamics.
When they were minted before the network, when they were IOUs, they had no cash value whatsoever.
um and there you know it's it's a governance token so there's uh there's a few different uses for it but it's one token one vote on the system so all the all the rules of the network like how many what fees should talent and clients pay what should the product roadmap be you know what should we build next those are all sort of determined through token voting so it's a governance token and then a recent protocol upgrade the tokens actually used uh they were the pro the
network requires clients to pay their network fees in the Braintrust token.
So you have the protocol going out and buying its own token.
Well, crypto is really volatile.
I mean, it's just such a nascent asset class that I think these tokens, people are still figuring out what they're worth to folks on the network.
To make a clear distinction, the cash value of the brain trust token is actually not relevant to the network.
It's one token, one vote.
The more tokens you have, the more influence you have over the network.