Braintrust: Marketplace Killers + Web3

Will decentralized marketplaces built on crypto protocols replace the Ubers, Doordashes, and Upworks we have today? That's what we're talking about on this episode with Braintrust founder Adam Jackson. 

Braintrust is a decentralized protocol for hiring. It matches tech workers with companies like Porsche, Nike, and Goldman Sachs. 

We dive into tokens and designing token economies, governance for crypto projects, the potential moats for these projects - or lack there of, and start to scratch the surface on what it takes to bootstrap a crypto project like this.

Braintrust is a little bit like Upwork but it’s designed as a decentralized crypto project. So there is no single company. Braintrust doesn’t make profits and isn’t beholden to shareholders.

That allows it to charge zero fees to talent and only a 10% fee to companies. Unlike the Ubers and Doordashes and Upworks that charge fees to both gig workers and the end consumer  - because they need to make money and maybe one day even a profit - a marketplace run on a decentralized protocol doesn’t need to make money.

The protocol is just a piece of infrastructure and the people who contribute to the network own the network via tokens. There is no CEO. Decisions are made by a vote. Now this is where the crypto rabbit hole starts to get deep, but suffice to say this was a fascinating conversation, so I hope you enjoy this episode with Adam Jackson at Braintrust.