What is Braintrust?
Braintrust is the first decentralized talent network that connects highly skilled technical freelancers with the world’s most reputable brands like Nestle, Porsche, Atlassian, Goldman Sachs and Nike. Braintrust’s unique business model allows talent to retain 100% of their earnings and enables organizations to spin up flexible, skilled teams on-demand at a fraction of the cost of traditional staffing firms. This new business model that limits fee extraction and enables community ownership is uniquely enabled by a blockchain token.
Why is Braintrust built on blockchain? Is it necessary?
Braintrust uses blockchain technology to transparently distribute control of its network to the community members who contribute to building it. By distributing control globally based on user contributions (like referring talent, vetting talent, and referring clients), Braintrust’s blockchain-powered model aligns the incentives of the network itself with the people building it, rather than relying on a centralized platform that would otherwise extract disproportionate value in the form of high fees from its knowledge workers.
Not only does this put more control in the hands of the community, it helps grow the network rapidly.
How is Braintrust different from other marketplaces?
What makes Braintrust unique is its model: the marketplace is decentralized and user-controlled. Other platforms like Toptal, Upwork, Gigster, etc., take 20-40% of what the talent makes on the platform and ownership is highly concentrated among a few people and investors. Braintrust takes 0% of what the talent makes, and it’s controlled by its token governance community. This approach enables Braintrust to attract and retain higher-quality talent. Blockchain technology is what enables Braintrust to cut out the middlemen and keep incentives aligned. This dramatically reduces costs for employers and increases the earnings of talent, and therefore attracts the best people in the world while distributing value more equally to the talent in the network.
What types of projects are available on Braintrust?
Braintrust’s talent community primarily focuses on large, complex technology and design projects spanning software, machine learning, data analytics, and related functions. Examples might include creating a health insurance shopping platform for a major insurance carrier, or the staffing of five full-stack engineers for a transportation company.
How do I apply to jobs?
The first step in getting connected to great projects is to apply to become part of the Braintrust talent community. Applicants can begin by visiting: https://www.usebraintrust.com/join
How do I hire talent?
Finding talent on Braintrust is simple and easy. You can visit www.usebraintrust.com/hire-talent to get started.
How many members are in the Braintrust Network?
Braintrust has over 50,000 community members, with knowledge workers and project contributors across the world, and is growing each day.
Want to learn more about how you can get involved? Join us on Discord.
What type of talent does Braintrust attract?
Braintrust attracts top tech talent from companies like Apple, Facebook, Google, Amazon, and more—and it’s currently focused on four core categories involved in agile software development and IT.
- Designers (Graphical + UI/UX)
- Engineers / Architects
- Product and Project Managers
- Quality Assurance
Currently, approximately 50% of talent on Braintrust are based in the U.S. and 50% are based in 100+ different countries around the globe.
What kinds of businesses find talent on Braintrust?
How does Braintrust make money?
Braintrust charges a flat 10% success fee to the client. Braintrust is a “public good” not-for-profit, and the project’s goal is to fulfill its mission of creating a decentralized talent marketplace, and make the network more useful for everyone that controls it and runs their business on it.
How much do talent make on Braintrust? What are the average earnings?
Because Braintrust isn’t taking any fees from talent for each project, talent are able to charge and earn pure market rates on the marketplace. Hourly rates are set by talent, and depend on skill levels, experience, and location. Fully managed projects can be variable or fixed price.
Today, knowledge workers on the platform are earning nearly $100/hr on average, with rates growing 15% in 2021.
Braintrust talent are paid in USD for the work they do on the Braintrust platform.
How do payments work?
Read more about Payments here.
When was Braintrust created?
The Braintrust network first launched in October of 2018, coming out of stealth in June of 2020.
Who founded Braintrust?
Braintrust is founded by serial entrepreneurs Adam Jackson and Gabriel Luna-Osasteski. They have spent the past two years building the first decentralized talent network uniquely enabled by a blockchain token. Following network launch, the Braintrust community will direct its future growth and development.
Where is Braintrust headquartered?
Braintrust is not officially affiliated or directed by any single entity. Currently, its network of contributors come from over 15 countries around the world.
What is Freelance Labs?
With a small core team, Freelance Labs has built the Braintrust platform. Following public launch of the BTRST token, Freelance Labs will be one of many participants in the global Braintrust network.
What is The Braintrust Technology Foundation?
The Braintrust Technology Foundation is a not-for-profit entity that is solely focused on promoting the mission and goals of the Braintrust network. While it is one of the founders of the Braintrust network, following public launch it is expected to play a diminishing role in the future growth and development of the network.
What is the purpose of the Braintrust token?
The Braintrust token (BTRST) is the core incentive mechanism given to users for building, curating, and improving the network. Examples of this include building out a talent profile (work history, reputation, skill certifications, etc.), referring new talent, referring new clients and helping to vet and curate the talent pool. Community members can also earn tokens by taking courses on Braintrust Academy, an independent community-run educational program, which teaches talent valuable skills to help them earn more on the network. Note: BTRST tokens do NOT represent equity, debt, a claim on profits, or dividends and does not constitute any financial instrument of any business or organization.