Sprinter’s membership NFTs and ERC-20 token, RUN, have various uses on the network.
All work is about trust. Marketplaces hinge on a shared faith that the business or individual providing a good or service will deliver, and that when they do so, the value they create will be rewarded as agreed upon.
The traditional economic model has relied on contracts to convey this trust across distributed systems for centuries, dating back to the mercantile guilds of city-state Italy during the Renaissance.
Its value to agencies has proven consistent over time, in success stories such as Publicis, the Parisian advertising agency that rose to prominence in the wake of World War II through its strategic global partnerships.
Sprinter is the natural evolution of these contract-enabled distributed systems, using smart contracts encoded on the blockchain to create a trusted system for doing work, together.
Being built on the blockchain allows Sprinter to provide transparent reputation tracking, automated audit trails, fast and secure cross-payments, and other benefits.
Sprinter accomplishes this through its membership NFTs and its ERC-20 token, RUN, which makes holders a voting member of the Sprinter community.