This article explores Metaplanet, the Japanese firm's strategic pivot to a Bitcoin-first model, its ambitious accumulation goals and the stock's price performance.

Despite increased institutional appetite for BTC, it's uncommon to hear about a publicly traded company going all-in on Bitcoin in the corporate world. While 

 (formerly known as MicroStrategy) pioneered this tactic in the US, a Japanese firm is now making significant waves in Asia. Metaplanet Inc., once a hotel operator, has transformed itself into Japan's first and only publicly listed Bitcoin treasury company, and is capturing the attention of global investors.

This article explores Metaplanet, its strategic pivot to a Bitcoin-first model, its ambitious accumulation goals and the risks involved in its aggressive approach.

's journey is one of dramatic transformation. The company was founded by CEO Simon Gerovich, a former Goldman Sachs derivatives trader, and initially operated as Red Planet Japan, a budget hotel business. The COVID-19 pandemic severely impacted the travel industry, prompting the company to pivot toward 

 consulting and blockchain infrastructure in 2020.

 (formerly MicroStrategy), Gerovich initiated another strategic shift: Metaplanet began selling off its hotel assets, retaining only one property in Tokyo for a planned rebranding as "The Bitcoin Hotel." The company then went all-in on a new mission: to use Bitcoin as its primary treasury reserve asset.

Metaplanet has set an ambitious goal to hold 210,000 BTC by the end of 2027. This target, if achieved, would represent approximately 1% of Bitcoin's total possible supply, positioning the Japanese company as one of the largest corporate holders in the world.

Metaplanet reaches 10,000 BTC in holdings

The company has pursued its goal with remarkable speed. Following its 

 on Jun 16, 2025, Metaplanet successfully reached its first major milestone of 10,000 BTC in its treasury. This move propelled it past Coinbase to become the 

, and the current value of its Bitcoin holdings is $1.07 billion, giving the company an unrealized gain of 12.6%.

Metaplanet uses sophisticated financial instruments to fund its Bitcoin purchases. A key part of its strategy is to issue zero-interest bonds, which allows the company to raise capital without incurring regular interest payments. Additionally, it has explored options strategies, such as 

, in order to acquire BTC at favorable prices while generating income from options premiums.

Metaplanet's $210 million zero-interest bonds

To accelerate its acquisitions, Metaplanet announced on Jun 16, 2025, that it would issue 

. The funds raised from this issuance are designated entirely for purchasing more Bitcoin, underscoring the company's aggressive and focused strategy.

Metaplanet's pivot to a Bitcoin-centric strategy has had a dramatic effect on its stock performance. As of Jun 17, 2025, Metaplanet (3350.T)

, with a year-to-date performance of 426.15% and a one-month return of 193.90%. The company's one-year return of 1,957.30% on investment is even more significant.

The surge began in April 2024 after the firm announced its 

 for ¥1 billion (worth $6.25 million at the time). This upward trend was further fueled by its massive BTC accumulation between April 2024 and June 2025, which increased its Bitcoin treasury to 10,000 BTC, worth over $1 billion by June 17, 2025.

This aggressive strategy is not without significant risks. Metaplanet's value is now almost entirely tied to the price of Bitcoin. A prolonged bear market could severely impact its balance sheet and stock price. Unlike Strategy, which maintains a substantial software business, Metaplanet has a much smaller underlying operational business, making it a more direct — and therefore riskier — bet on BTC's long-term success.

Metaplanet's transformation from a struggling hotel operator into a leading Bitcoin treasury company is a compelling case study in corporate reinvention. By adopting an aggressive accumulation strategy funded by innovative financial tools, the company has provided a new way for Japanese investors to gain exposure to BTC and has set a bold precedent in Asia. While the high-risk, high-reward approach ties its success directly to Bitcoin's performance, Metaplanet is a key player to watch in the evolving world of corporate finance.

Beginner

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‘Asia's MicroStrategy’: An introduction to Metaplanet

Discover how Bondex (BDXN) is transforming professional networking with decentralized identity, AI tools, and tokenized career opportunities.

Web 2.0 professional social media networks have been around for over two decades, with the leading network, LinkedIn, having launched in 2003. Over the past decade, LinkedIn has become pervasive in the business world as the world's dominant social platform for professional connections. Yet, LinkedIn and smaller, similar recent platforms are centralized entities whose users are essentially treated as products. 

Advertisers and platform owners profile users relentlessly, leading to manipulated visibility and erosion of privacy. Your professional data on these Web 2.0 social networks is easily sold to third parties for targeted advertising, 

 (AI) algorithm training and other activities — to which few users would willingly consent.

Moreover, your user profile is owned by the corporate entities running these social networks. At any moment, LinkedIn might decide to lock your profile for whatever reasons it deems fit, leaving your professional visibility in tatters. 

 professional social networks have emerged to address these issues by leveraging blockchain technology. Thanks to their decentralized nature, these platforms have you control your profile, placing you firmly in control of your user data. Unfortunately, most web3 professional networks don't focus on universal, cross-platform 

, often limiting you to specific wallets and a small set of basic features. Many simply act as messaging platforms, with basic avatars and profile descriptions the most they can offer.

Bondex is a new web3 professional networking platform with a more comprehensive approach to decentralized social connections. On Bondex, user profiles are multifaceted digital identities that reflect users' on-chain activities and off-chain achievements. By combining 

 data sources and functionalities, Bondex has created a hybrid web 2.5 professional social network. 

 (BDXN), a decentralized professional social network that combines on-chain and off-chain data sources, offers comprehensive digital identity-based user profiles. 

It helps professionals, recruiters and other parties tp connect, find jobs and contract opportunities, earn incentives by referring others and effectively build professional reputations. 

Launched in July 2023, Bondex had notched 5 million downloads by early June 2025, when its native token, BDXN, debuted on leading 

Bondex aims to create an environment in which users can build their reputations via decentralized validations, find suitable web3 opportunities, monetize their connections and establish professional identities.

The platform combines on-chain data, such as trading activities and governance participation, with off-chain metrics (e.g., Web 2.0 social profiles and attestations) in order to create rich user profiles. The blend of web3 and Web 2.0 sources gives rise to new, comprehensive user identities under a hybrid framework that the project has dubbed web2.5.

Every platform user has a Bondex Reputation Score that reflects their standing, activities and network size. Users improve their Reputation Scores by adding more connections; each new connection has a different weighting on the score. Adding influencers with impactful networks or connections with verified credentials helps scores carry a higher weight.

As their Reputation Scores grow, users qualify for various rewards and perks on the platform. Typical rewards for developing and maintaining a high score include better visibility on Bondex, special badges and higher Bond Point (BP) earning ratios. 

Bondex uses a dual-token economy featuring the BDXN on-chain token, and off-chain Bond Points (BPs), which are reward points users earn for various activities on the platform, such as engaging with the network or making in-app purchases. Earned points are twice as valuable as purchased points. BPs cannot be directly exchanged for the platform's native crypto, BDXN. 

However, they can be staked to initiate actions, such as job applications, referrals and endorsements. If the action results in positive outcomes, the points are returned, while unsuccessful engagement results in losing the points. Using this system, Bondex aims to encourage healthful, positive interactions and reduce the likelihood of spam and manipulative actions. 

Bondex has both a mobile app and a web version. The web version currently serves as a talent marketplace, while the mobile app is the main platform for users to build their profiles and reputations, expand their network, earn BPs and engage with the broader Bondex ecosystem. 

The app is fully integrated with the underlying Bondex platform, encouraging gamified reputation-building and networking. 

Bondex isn’t just a social networking environment: the platform has a dedicated Jobs Portal that allows companies and recruiters to advertise employment opportunities in order to find top talent. It also features a referral system whereby users can earn rewards for successful candidate referrals.

The portal facilitates efficient and low-cost hiring processes. It also features AI-driven filtering and candidate matching. AI solutions help the platform achieve more accurate matching from its user base, thus satisfying the requirements of both candidates and recruiters. 

The concept of Bondex Reputation Score is bolstered through the use of Bondex IDs, which reflect users' on-chain activities and interactions. By recording all on-chain attestations and achievements of users, Bondex ID facilitates a transparent and verifiable system, a major consideration for brands and recruiters. 

Quality candidates also benefit from the transparent ID system by building social proof and a history of verified achievements, in contrast to traditional Web 2.0 professional networking websites on which validating credentials is often a challenge.

Bondex AI provides a set of tools for efficient AI-driven job applications. One of these is AI Job match, an interface that helps users specify their preferences for a job in order to have the best matches available on the job market delivered to them. AI algorithms built into the Job match function analyze profiles and jobs across the network to provide optimal matches.

Another useful tool is AI Auto-Apply, which uses AI-driven algorithms to let users quickly apply for job opportunities. AI Auto-Apply automatically extracts relevant content from job posts and matches it with the job seeker’s profile in order to facilitate quality applications that take seconds to submit.

Bondex launched the BDXN token on Jun 3, 2025, as an 

 (ETH) blockchain, marking a significant milestone in the project's history. BDXN is a supply-capped crypto, with a maximum and total supply of 1 billion. 

BDXN powers the entire Bondex ecosystem. It serves as the payment token for various services, such as job postings and subscription fees, and as a reward mechanism (via 

) for active platform participation. It also functions as the platform's 

, allowing holders to participate in votes to determine the protocol’s future direction and rules. By 

 BDXN, you also earn a share of the platform's revenues and qualify for seasonal airdrops.

As the Bondex ecosystem grows, the BDXN token helps redistribute value to the community. Driven by Bondex's token buyback system, a portion of the revenue is used to buy back more BDXN from the market, thus reducing the token’s supply and potentially increasing its value. As more users join and engage with the Bondex platform, more revenue is generated. Ultimately, this revenue flows back to BDXN holders, creating a self-reinforcing flywheel effect.

The BDXN token is available on Bybit as a 

 to earn BDXN rewards by registering for the event and trading eligible assets. This opportunity is valid through Jun 20, 2025, 10AM UTC.

As of Jun 19, 2025, the BDXN token has been on the market for just two weeks. It currently trades at $0.03437, which is a 91.9% drop from its all-time high of $0.4231 on Jun 3, 2025, and a 11.4% increase from its all-time low of $0.03091 on Jun 13, 2025.

BDXN’s long-term price outlook is bullish.CoinCodex 

 to trade at $0.044 in 2027 and $0.089 in 2030, whileDigitalCoinPrice is 

 and digital assets, Bondex aims to create a truly superior networking experience for participants in the talent ecosystem, thus helping to enhance career advancement and job search experiences.

Bondex’s points system encourages active participation in its network, incentivizing participants to earn rewards and find exciting opportunities that are often difficult to uncover on traditional platforms. The future of work and of next-generation professional interactions are shaping up right in front of our eyes on a young but promising decentralized platform called Bondex.

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Bondex (BDXN): Redefining careers for the web3 era

Petra is a self-custodial cryptocurrency wallet, specifically designed for the Aptos blockchain. Learn more about how it works in this article.

Entering the cryptocurrency world can be daunting for newcomers, and even experienced users struggle with clunky wallet interfaces and fragmented functionality. The transformative potential of next-generation blockchains such as Aptos, with its sub-second transaction speeds and fraction-of-a-cent fees, cannot be realized until these issues are addressed.

 emerges as the solution, combining enterprise-grade security with intuitive design to make 

 accessible to everyone. This article examines Petra's innovative features, multisig capabilities and DeFi integrations, which establish it as the essential gateway to the Aptos ecosystem.

 is a self-custodial cryptocurrency wallet specifically designed for the Aptos blockchain. It enables its users to securely store, send and receive digital assets while interacting with 

Built by Aptos Labs as the flagship wallet for the Aptos ecosystem, Petra introduces seamless transaction processing, hardware wallet integration and comprehensive 

 access. The wallet leverages Aptos's sub-second transaction speeds to process transfers instantly, while maintaining security through industry-leading audits and self-custodial architecture.

Petra was created by Aptos Labs, the company behind the Aptos blockchain. Aptos Labs was founded in 2021 by Mo Shaikh and Avery Ching, former employees of Facebook who leveraged their experience from Meta's disbanded Diem project.

The team recognized the unique opportunities presented by the Move programming language and Aptos's innovative 

. Traditional wallet platforms often struggle with user experience complexity, security vulnerabilities and limited ecosystem integration.

, the Petra team has implemented advanced features that previously proved challenging to execute securely. This development process involved collaboration with design experts to create an intuitive interface that prioritizes both newcomers and experienced crypto users.

Petra aims to solve several critical challenges that have limited the growth and mainstream adoption of 

. Its primary focus involves eliminating the barrier of complexity by transforming intimidating blockchain interactions into familiar, app-like experiences that everyday users can confidently navigate.

The Petra wallet addresses the security/usability trade-off that forces users to choose between convenience and asset protection. Through self-custodial architecture and intuitive design, Petra enables users to maintain complete control over their assets while enjoying an effortless experience that rivals traditional financial apps.

Petra also aims to tackle ecosystem fragmentation by consolidating DeFi protocols, 

 marketplaces and DApps into a unified platform. This approach eliminates the need to navigate multiple interfaces, and showcases Aptos's superior transaction speeds and cost efficiency for users across all 

 that gives users complete control over their 

 and digital assets. The wallet generates cryptographic key pairs locally on the user's device, ensuring that only the user has access to their funds at all times.

When creating a new wallet, Petra generates a 12-word recovery phrase that serves as the master key to all accounts. This mnemonic is encrypted with a user-chosen password and stored locally, and is never transmitted to external servers or accessible to the Aptos Labs team.

Transaction processing harnesses Aptos's parallel execution capabilities in order to deliver exceptional performance. The network processes transactions in under a second with fees of just fractions of a cent, enabling instant transfers and DApp interactions without the delays common on other blockchains.

Petra enhances security through transaction simulation that previews the effects of any action before execution. Because this is combined with hardware wallet support and Move's built-in security features, users can interact with web3 applications confidently while maintaining complete control over their assets.

Petra combines core wallet functionality with advanced features to deliver a complete web3 experience.

 is an advanced security solution that implements 

 functionality for users requiring enhanced asset protection. Unlike traditional wallets, which are controlled by a single private key, multisig wallets require multiple signatures from different parties before any transaction can be executed.

Transaction management follows a straightforward workflow. Any vault member can propose a transaction, which then enters a voting period during which other members decide whether to approve or reject the proposal.

Approved transactions become executable once they meet the predetermined signature requirements, while rejected proposals are removed from consideration. The system maintains complete transparency by recording all proposals, votes and executions on the Aptos blockchain.

Users configure vault security according to their specific needs by setting signature thresholds during the vault creation process. These requirements determine the number of approvals necessary from the total vault membership, ranging from a majority consensus to full unanimity.

 to enable USDT yield generation through DeFi lending protocols. Users can deposit their USDT holdings into lending pools and earn interest plus additional APT rewards through streamlined, one-click operations.

Automated smart contract interactions handle all technical complexity behind the scenes. This eliminates the need to navigate external platforms or manually manage multiple transactions, making DeFi participation accessible to users of all experience levels.

Petra Earn’s structure provides dual income streams: base interest payments in USDT from lending activities, and additional APT reward tokens distributed by Aries Markets. Users can claim and redeploy these earnings through the Petra app, enabling compound growth strategies without leaving the wallet’s ecosystem..

Petra has established itself as the leading wallet on Aptos through consistent development and a security-first approach. The platform launched with core wallet functionality and has systematically expanded capabilities, while simultaneously maintaining the simplicity that attracts mainstream users.

Multiple security audits by Halborn have validated Petra's smart contract integrity, and formal verification processes leverage Move's built-in safety features. This rigorous security foundation has enabled the wallet to serve over 500,000 users without experiencing major incidents.

Future development focuses on expanding DeFi partnerships to provide users with diverse earning opportunities across the Aptos ecosystem. The project’s team is developing social recovery mechanisms and enhanced hardware wallet integration to strengthen security while preserving the intuitive experience that drives adoption.

Petra combines the high-speed infrastructure of Aptos with sophisticated wallet mechanics to eliminate the frustrations associated with daily crypto use. The wallet’s self-custodial security, multisig capabilities and seamless DeFi integration create an optimized user experience that works across the entire DeFi ecosystem.

Intermediate

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Petra: Your everyday wallet for the Aptos ecosystem

UR, Mantle’s crypto-first neobank, has officially launched in early access for contributors, with full public rollout planned for Q3 2025.

Daily top performer — Aerodrome Finance (AERO)

The S&P 500 dipped 0.03% as Fed caution and Middle East tensions weighed on sentiment. Seven of 11 sectors declined, led by energy, while tech outperformed. Gold holds near $3,390 amid global tensions, with upside risk ahead of the Fed’s policy update. The short-term outlook remains neutral. The Coindesk Indices, which tracks the broader crypto market, fell 0.66%, with Bitcoin down 0.86% and Ether up 0.75%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is AERO, up 19.7% after Aerodrome ranked second in Blockworks' Token Transparency Framework.

Aerodrome Finance (AERO), launched on August 28, 2023, is a DEX on Base using Velodrome V2 tech, offering advanced liquidity tools and AERO token incentives to attract users and govern the platform. Aerodrome 

 it holds the second-highest score in Blockworks’ new Token Transparency Framework, underscoring its commitment to fair and transparent access to both capital and information. The recognition reflects Aerodrome’s efforts to set a higher standard of trust and accountability in the crypto space.

Check out the latest prices, charts, and data of 

, has officially launched in early access for contributors, with full public rollout planned for Q3 2025. Powered by the Mantle Network, UR offers Swiss-backed multi-currency accounts, a Mastercard debit card, and access to global banking rails. It supports both fiat and crypto transfers and will soon introduce DeFi-native features like yield and crypto-collateralized credit. Designed to bridge traditional and decentralized finance, UR aims to be a unified platform for spending, saving, and investing across over 40 countries.

Yesterday, BTC spot ETFs saw $109.4 million in net inflows, driven by $125.8 million from non-GBTC funds, while GBTC recorded $16.4 million in outflows.

, offering a loyalty program that rewards users for actions like subscriptions, staking, referrals, and in-app achievements. Users can climb tiers — Green to Star — for better perks. Season ends September 30, 2025. Wallet connection issues may affect point visibility; support is available via Discord.

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Mantle launches UR, a crypto-first neobank bridging TradFi and DeFi

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

Compete for 2,500 USDT USDT Every Week

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

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards