Stripe now reaches a majority of the globe: 4.4 billion people in more than 110 countries can receive funds in local currencies or crypto.
The growth of freelance work is a big part of this. Just like online dating used to be a marginal way to meet people but is now the norm, online freelancing has evolved from stigmatized to mainstream. In five years, it’s predicted that a majority of Americans will be freelancers—a massive shift enabled in large part by new technology.
Braintrust is one example. It’s the first decentralized talent network that connects skilled, vetted knowledge workers with the world’s most reputable brands. And because it’s decentralized, the people that use Braintrust also own and operate the network: Talent keeps 100% of its earnings and clients can make their budgets go further by cutting out unnecessary middle men. Hundreds of Fortune 500 companies are active on the platform, including Porsche, which is using engineers sourced from Braintrust to build software for its cars. NASA is using Braintrust talent too, to develop software for tracking packages between Earth and the International Space Station.
Vivek Singh is one engineer who’s found freelance work through Braintrust. A self-taught crypto engineer based in Mumbai, Singh used to travel around India in search of work opportunities. Then he went on Braintrust and met Stardust, a US-based NFT gaming company. They paid Singh to work remotely, so now he can stay home with his family and work on his own time—no more criss-crossing of India required. In his first three months on Braintrust, Singh earned $50,000, five times more than he used to make over a similar period of time. Altogether, Braintrust has helped freelance workers around the world earn nearly $100 million.