TI Rating Report: BTRIPS

BTRIPS is an NFT marketplace platform for collectibles & luxury goods built on Ethereum, which aims to establish a mutually beneficial environment between suppliers and consumers by creating "new values”. It provides a global commerce service that addresses the problem of regional restrictions and offers a cryptocurrency-based payment service that enables a convenient, transparent process of transactions and marketing services for small enterprises.

BTRIPS is bent on developing the Asian market, especially the Japanese and Korean Market. In addition, BTRIPS has partnered with two platforms in the K-culture and NFT industry which have launched mature products already, these partnerships will be able to support the development and expand the market share of BTRIPS in Indonesia.

BTR is the utility token of BTRIPS, which is mainly used for payment medium on the platform. Users can pay BTR for various services and goods on the platform. In addition, users can receive a certain amount of BTR (Incentive) through the BTRIPS compensation system, Staking Pool, by contributing to the platform through various activities. 

TokenInsight gives BTRIPS a rating of CCC, with a stable outlook.