Braintrust raises $18M to build fairer model for freelancers

Braintrust pays for everything the network needs through the money it’s raised, the 10% fee Clients pay, and BTRST tokens from the treasury.

Braintrust serves the increasing demand for freelancers - they can aggregate the demand because it's a no-fee model. We can finally unbundle the trillions of dollars in the W2 stack.

Tokens are icing on the cake - freelancers can show up and earn 40% more than traditional marketplaces. Braintrust has abstracted away crypto brain damage. Nike is a client and they don't know or need to know they are interacting with a crypto network.

But there’s a long way to go to achieve the vision and pull all talent network business onto its protocol. Braintrust has done $37 million in volume all-time. Upwork, a Web2 talent network, did $904 million in its last quarter alone, Fiverr did ~$260 million. Deloitte did $50.2 billion in revenue in 2021. In all, companies spend trillions of dollar... See more