Communion is an operator and labor-owned staffing network (ex. Braintrust) for service / hourly workers. The end state is a marketplace with fluid/shared labor pools, “surge pricing” for labor, and speculative markets for labor type-hours - Invite link to MVP demo
- The spearhead feature is a Friends’ List for business owners/operators to create a shared worker pool to fill shifts (to supersede on-demand/gig staffing platforms such Instawork)
- The network is participate-to-earn, seeded by tokenizing labor-hours / time (1 hour worked = 1 OUR token to the worker and employer; 1bn max supply)
- Achievements/skills are earnable badges (NFTs), which serve as portable credentials for workers (along with earned tokens); to trojan-horse web3 credentials to underserved demos
- OUR will become a cross-chain utility token, used to access crypto investment/yield products (delivered to users via web2 UX; gas/wallet abstractions, meta-transactions, and embedded DeFi).
In the US, turnover in service / hospitality industries is a massive and persistent problem.
- 26.9M service / retail workers in the US (82.3M total hourly workers in US)
- Business owners/operators are hemorrhaging money trying to hire and retain workers.
Communion solves understaffing by creating a community-driven staffing marketplace that creates mutually beneficial incentives for owners/operators and workers. While also recapturing value from the middlemen (ex. Indeed, Craigslist, and gig/temp staffing networks like Pared, Qwick, etc.).
Communion offers several revenue streams:
- SaaS / freemium - $10/employee/month
- % fee for embedded DeFi
- (v2) Labor marketplace fees
- (v3) Advertising / Affiliate products portal (ex. mission-aligned fintech products such as Acorns, Credit Karma, NerdWallet, etc.)