Crypto Task Outsourcing
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1729.com is a platform where companies can outsource tasks to the public and pay them in cryptocurrency. The platform enables companies to create bounties for tasks, tutorials, and startup ideas, with a focus on incentivizing learning and work through crypto payments.
Key Components:
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Task Creation System:
- Companies can create and sponsor tasks at 1729.com/create
- Tasks can be proposed by anyone, funded by sponsors later
- Similar to VC funding model: proposals queue up, sponsors choose what to fund
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Payment Structure:
- Tasks paid in cryptocurrency (Bitcoin, Ethereum)
- Example bounties:
- $250 for educational tweet threads
- $5,000 in Ethereum for crypto domain tutorials
- $25k for best startup ideas (with potential SAFE agreement)
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Corporate Integration:
- Companies can have dedicated 1729 accounts (similar to Twitter accounts)
- Potential to pay in corporate cryptocurrencies
- Can outsource any public-facing tasks through the platform
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Task Types:
- Educational tutorials
- Startup ideas
- Learning exercises
- Proof of workout submissions ($10 in BTC for top 100)
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Platform Goals:
- Create incentivized learning environment
- Enable global talent access for companies
- Democratize task distribution and rewards
- Build public infrastructure for corporate task outsourcing
Balaji Srinivasan
Former CTO of Coinbase and co-founder of genetic-consulting company Counsyl Inc. Holds a Ph.D. in Electrical Engineering from Stanford University.
Investor and author with expertise in biotech, computational genomics, and blockchain technology. Published "The Network State: How to Start a New Country" in 2022.
Advocates for cryptocurrency and technocapitalism, currently establishing The Network School near Singapore.