BCNT is a utility token created on the Ethereum blockchain.
Think of Bincentive as an arcade game store, the quant trading strategies are the arcades, you (the member) are the player. In order to pick an arcade and start playing, you must buy and insert tokens. In this scenario, Bincentive's token is BCNT.
Members must stake BCNT when they select strategies and enter smart trading contracts. The difference between BCNT and arcade tokens is that BCNT's value fluctuates with the crypto market. Bincentive will provide another staking option called the MST (Margin Stable Token) that locks in the BCNT value at the time of its use. See Bincentive's dual token system for more details.