San Francisco, California, United States
Braintrust, operating under the domain usebraintrust.com and founded in 2018, is a decentralized, user-owned labor marketplace that connects technology talent with enterprise clients. Unlike traditional job boards, Braintrust hosts the full transaction on its platform, allowing reputation, work history, and earnings to accrue directly to participants. The network is governed and maintained by its community through the BTRST token, a governance and utility token launched on the Ethereum mainnet in September 2021.
The company was built on an inverted staffing model: instead of hiring thousands of employees to recruit and onboard talent, Braintrust distributes those functions to community contributors who earn BTRST tokens in exchange. Seven independent core teams, totaling roughly 30 to 35 full-time employees across all groups, maintain and develop the protocol. Adam Jackson co-founded the entity behind one of those core teams, Freelance Labs, which employs approximately 20 people.
Braintrust raised a total of approximately $23.5 million across three rounds before its token went live, with investors receiving Simple Agreements for Future Tokens rather than equity. As of February 2022, the BTRST token had a circulating supply of 87.9 million tokens, representing 35 percent of the total fixed supply of 250 million, with the remaining 65 percent held in treasury for future community distribution.