The key to access the reputation data of millions of onchain users.
Why $TALENT exists?
$TALENT is the utility token for Talent Protocol. The token incentivizes all ecosystem participants - apps, organizations, and individuals - to create and curate verifiable reputation data.
The main benefits we expect to see with $TALENT are:
Reduced noise: A token can help prevent the system from being overwhelmed by low-quality or irrelevant data that dilute the value of legitimate reputation signals.
Trustless system: Through token staking and slashing mechanisms, the protocol's data is able to remain accurate and reliable as the network grows, without the need for a central authority.
Long-term sustainability: A token aligns incentives and redistributes value to all stakeholders, ensuring that those who contribute to the ecosystem are rewarded.
How is $TALENT useful?
Here are the 3 main token use cases we are actively exploring:
1. Use $TALENT to increase trust and visibility of talent.
Deposit to boost Builder Score: users can deposit tokens to increase their Builder Score (up to 4 points) and access paid features for free.
Pay for Talent Names: users can get a custom Talent username (name.tal.id), that is both a website and a wallet address, compatible with both DNS and ENS.
Pay to Collect Builders: anyone will be able to invest in the next generation of builders. Scout hidden talent or collect your builder heroes. Past experiments include BUILD Nominations (2024), builderfi (2023) and social tokens (2021/22).
2. Use $TALENT to pay for data operations.
Mint your Talent Passport Onchain: users can put their Builder Score and Credentials onchain to access exclusive Builder Perks. More info here.
Pay for the Talent API plans: devs can use $TALENT as a credit system for Talent API usage, and access data from millions of onchain users.
Pay for Talent Pro plans: orgs and recruiters can use $TALENT as a credit system for Talent Pro usage, where they can identify top talent more effectively and reduce hiring risks.
3. Earn $TALENT for adding verified data to the protocol.
Earn for referring quality users: a referral system that rewards both users and apps for bringing new users to the protocol (onchain). The amount they receive can vary according to Builder Score levels.
Earn based on your popularity: revenue share with Talent, based on Talent Pro searches, paid by recruiters. This creates the incentives for talent to keep adding more verified personal data and keep it updated.
Earn for building new credentials: devs can build their custom credentials, and receive a revenue share if their credentials are frequently used.
Earn for verifying private data: small incentives for users to use zkTLS to verify private reputation data. zkTLS Credentials can be a huge unlock in terms of unique reputation data, but they require a bit more effort on the user side.
