Coinpresso, a crypto marketing agency, completed an acquisition and partnership agreement with Cryptrain, an AI-powered blockchain recruitment agency.

The agreement will see Coinpresso assume 20% control of Cryptrain, including its patent-protected AI, as the crypto marketers look to expand their expertise within blockchain to include blockchain development capabilities.

The deal also sees Cryptrain funded with over USD 250,000 in immediate marketing support, plus a new enterprise website build. The website went live at the time of the acquisition announcement, and the 17,000-strong blockchain developer talent pool went live to hiring managers and projects alike.

Cryptrain states that it looks to empower cryptocurrency projects with granular-level recruitment capability when hiring Web3 developers (Web3 is a hypothetical, future version of the Internet based on blockchain technology).

The hiring model created by Cryptrain combines some elements of traditional recruitment including soft skills & interpersonal skills assessments, while providing blockchain projects a developer-like insight into the respective candidates' capabilities.

"We are ecstatic to have Coinpresso on board as shareholders. Their expertise in the crypto marketing vertical is undeniable, and they are truly what Cryptrain needs to become pioneers in blockchain developer recruitment,” Bernard Leong, Founder, Cryptrain, said.

“A typical interview situation can lead to a candidate to overpromising on their skillset, due to the desire to get the job,” the company stated. “Cryptrain uses AI to measure the developers coding snippets and Github samples, to create a 360-degree perspective on the competency of a developer. From technical capabilities with Solidity and Rust, to merely how they are as people and whether the person is a good fit - Cryptrain provides the answers.

Cryptrain added that the Cryptrain AI is now accessible on desktop and mobile at Cryptrain.com. Developers can simply join the talent pool and upload their coding samples, resumes and background details.

Blockchain companies can submit for a consultation regarding required hires. Cryptrain then takes the job description and required developer competencies - and has the AI cross reference the specifications of the job to the existing talent pool. The best-case scenario then identifies an existing developer within the Cryptrain pool, however in the event a match isn't found, the team goes about a headhunting-style search to find the right developer. The AI is then used to screen any applicants for the role, with levels of proficiency from junior to senior made apparent on a code-by-code basis.

Coinpresso as partners and shareholders, will now move focus to building the talent pool and increasing the number of vacancies on the platform, it stated.