Braintrust Report by Jesse

Come on $50k!!! With Bitcoins price appreciating 10% in a day, this week the markets seem very eager to recover from last month’s funk. Not surprising at all, Axie Infinity has been pulled along for the ride, growing 125% over the last week. While there’s no certainty, we’re out of the sideways market cycle yet, this has been a great indicator that the year still has plenty of gains left in it to give. This week we’ll be looking at the developing decentralized talent network released on Coinbase last month, called Braintrust.

Introduction

Braintrust’s mission is to build the world’s most impactful talent network that is user-owned, aligns incentives, and redistributes more value to Talent and Organizations than current options. The Team at Braintrust hoped the gig economy would usher in a new era of worker autonomy and abundance, but with innovation stifled the last year that didn’t pan out. Leaving a few wealthy people to become even wealthier, while the average worker is still scrambling to make a living. Braintrust introduces a much better way to think about work with a model that benefits talent and enterprise alike. At Braintrust, a decentralized talent network is built on the belief that everyone should be treated fairly. Fees should be transparent. Incentives should be aligned, with huge percentages taken by middlemen being a thing of the past. Early on, Braintrust is already shaping up to be a massive decentralized talent network that replaces outdated, fragmented labor markets with a liquid, algorithmically-controlled marketplace, governed by network participants.

In the Braintrust talent network, clients place their “asks” by posting jobs to the network, specifying parameters such as skillset, geography, and rates. These posts are then matched accordingly