Recap of RAI Finance’s Second Phase Brain Trust Event

Introduction: A total of 108 members won the prize in the Internal Beta Brain Trust

RAI Finance
RAI Finance
4 min readSep 24, 2021

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Event Recap

On September 20th, the two-week internal test of the RAI Finance Beta Pro version came to a successful conclusion. In this period of testing activities, RAI Finance added user wallets for the first time and launched the social trading system (STS). Through this system, users can:

1. View selected token assets, portfolios and investment managers

2. View and compare the performance rankings of investment managers

3. Participate in and trade investment portfolios

4. Become an investment manager and create a public investment portfolio

5. Manage the investment portfolio through smart contracts and adjust the proportion of assets held

Click here to review the tasks, rules and rewards in this internal test of the Beta Pro version.

Event Stats

This test event is the last round of internal test events before RAI Finance officially launches the public test. A total of 699 applications were received from all over the world. After screening, a total of 137 users formally formed the second phase of the Beta Brain Trust, which were distributed in English, Chinese and Korean language regions.

During the internal test, a total of 108 users completed task A, that is, subscribe for IDO, participate in liquidity mining and complete DEX transactions; a total of 66 users completed task B, that is, use the STS to create portfolio, use the STS board to follow up with other people’s portfolios.

Members of the Internal Beta Brain Trust created a total of 146 portfolios, of which 25 portfolios achieved profit during the event period. The asset that most people chose to join the portfolio was Solana. The portfolio with the highest revenue during the event period included AVAX, MATIC, ADA, etc.

Community Feedback

An Internal Beta Brain Trust member from the Chinese community not only accomplished all the internal testing tasks but also wrote an article about this Beta Pro version product. He described RAI Finance products as well-polished and smooth & easy to use. He also gave some pertinent comments on Rai finance’s social trading system (STS).

Click here to read the article《Web 3.0价值社交的开拓者RAI Finance》

In this internal testing event,, the Beta Brain Trust showed unprecedented enthusiasm in the process of putting forward optimization opinions and submitting bugs of the product. A total of 78 users from the Chinese, English and Korean communities put forward 351 bugs and comments to us, helping the product and technical team to complete 53 product optimizations.

Rewards Announcement

Based on the evaluations given by the technical team, RAI Finance will issue internal beta test event rewards to eligible winning users. The following is the list of the winning users.

Click here to see the list of rewards

https://bit.ly/3i2gpCK

The above rewards will be distributed to the addresses submitted by the Internal Beta Trust members before September 26th.

In addition, Glorious, the exclusive commemorative badge of the RAI Finance Brain Trust series, was also announced.

(Best Income Investment Manager Badge)
(Excellent Income Investment Manager Badge)
(Most Popular Investment Manager Badge)
(Excellent Popular Investment Manager badge)
(Smart Investor Badge)

The name of the NFT commemorative badge of the Internal Beta Brain Trust during the second period:

RAI Brain Trust Glorious

Obtaining conditions:

Complete the Beta Pro version Internal Test Task B

Token Standard:

ERC-721

Contract address:

https://etherscan.io/address/0x3a2e175e1c0def2668b1425e0e094cdcdb4364f3

Total issuance:

Limited to 9 pieces, and will never be issued

Best Income Investment Manager 1

Excellent Income Investment Manager 2

Most Popular Investment Manager 1

Excellent Popular Investment Manager 2

Smart investors 3

Listing status:

Has landed on the Opensea trading market and supports free trading

NFT rights:

The exclusive RAI Finance Brain Trust series of commemorative badges all prioritize getting the first phase of the RAI Finance IDO project quota. The specific quota will be announced after the IDO function is officially launched on mainnet in the future.

Finally, thank you again for the support of the Internal Beta Brain Trust members and the enthusiasm from the community members. The RAI Finance team will make further product polishing and optimization based on user feedback and comments. Please look forward to the public beta activity before the official launch of the RAI Finance mainnet.

About RAI Finance

RAI Finance supports the issuance and trading of tokenized assets, NFTs, and various decentralized assets. It is a project that aims to secure cross-chain compatibility, high scalability, and low fees through integration into the Polkadot network. RAI Finance’s main partners include League of Traders, Wizpace, the founders of DEXEOS, and STP Network, a smart contract asset tokenization platform.

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RAI Finance
RAI Finance

RAI Finance is a decentralized finance application that provides digital asset users with social trading system, aggregated swap on heterogeneous blockchains