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Venture Capital News: Outdefine Raises $2.5M

2022-12-09
SAN FRANCISCO, CA, Outdefine, a startup building a decentralized hiring community for web3 talent, announced its $2.5 million fundraise.
Outdefine, a startup building a decentralized hiring community for web3 talent, announced its $2.5 million fundraise. The round was led by web3 investors TCG Crypto and Jump Crypto, with participation from Big Brain Holdings, Formless Capital, Blocore, Mask Eco Fund, crypto angels, and syndicates.

Outdefine is building a token-backed hiring marketplace on the Solana blockchain. Here, talent directly negotiates the scope and compensation of their jobs and receives token rewards. Talent earns Outdefine's crypto token for referring friends, finding work, and contributing to the community. With its capability to offer rewards, incentivize network activity, and promote transparency, the token helps hiring companies, talent, and the marketplace form a fair partnership.
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