How to enter the Web3 job space where there is a lot of talent shortage

With the outbreak of the Covid-19 pandemic and the rise of the Web3 space, workers in the technology sector are more in demand than ever, especially those with knowledge of blockchains and their applications such as cryptocurrencies and non-fungible tokens (NFTs).

A recent analysis by job search site Indeed found that between April 2020 and April 2022, job postings in cryptocurrencies, blockchain technology, and NFTs increased by a staggering 804%.

The survey also showed a staggering 315% increase in market demand.

Here’s a guide to help you overcome your concerns and ride the wave if you’re still concerned about working in the cryptocurrency and NFT industries.

Why work in the NFT and crypto space?

Developers have a very high adoption rate.

Research by SlashData shows that a significant portion of developers (approximately 67%, 59%, and 48%) are interested in learning more about cryptocurrencies, blockchain technology, and NFTs.

The future of crypto-related technology can be seen in learning rates as developers keep an eye out for updates and new trends.

As a result, it is very likely that the subjects they explore and explore will be very popular.

Global companies join the industry

Multinationals Adidas, Visa, Louis Vuitton, Taco Bell, Pizza Hut and Pringles are spending heavily on digital assets.

Fat wages

Earning a high salary is a perk of working in the crypto and NFT industry.

web3.career salary chart shows a maximum income of $500,000 and an average annual income of $63,000 to $120,000.

In particular, estimates show that VC firms invested $30 billion in blockchain and cryptocurrency companies last year.

lack of talent

It is interesting to note that many companies operating in this sector struggle to find enough qualified candidates despite having ample investment capital.

Developers are hard to come by; In Singapore, for example, the demand for blockchain and cryptocurrency experts has increased by 80%.

According to Electric Capital, the number of Web3 developers has increased to over 18,000 monthly active developers, which is a record high.

And it’s rare in the industry; For example, DeFi has just 1,000 developers managing smart contracts with more than $100 billion worth of assets.

Benefits of working in the field

Companies also employ many non-tech workers, although developers are the most sought-after workforce.

There is a need for market researchers, copywriters, community managers, recruiters, sales managers, financial analysts, etc.

The growth of the market brings with it new career opportunities, including those for token economists, NFT drop specialists, and crypto art promoters.

Your remuneration will be in line with the market.

You have a lot more space to express yourself.

You’ll join the group that’s changing the planet, giving you the opportunity to focus on innovation and develop a roadmap for remarkable inventions that will have a major impact on our lives.

Disadvantages of working in the field

A developer must have excellent technical skills, including mastery of technologies such as Solidity, Golang, C++, C#, Python, and React.

Even if you are not a developer, you need at least a general understanding of the cryptocurrency industry, e.g. B. how traditional marketing and crypto marketing differ.

So, as a beginner, be prepared to invest a lot of learning time.

The cryptocurrency market is growing very fast. Lewis Carroll’s adage, “If you want to stay where you are, you should escape as soon as possible” is quite true.

What salary to expect?

Designers can make up to $80,000 a year, while product managers can make up to $114,000 a year.

Compared to community and SMM managers, marketers often earn an average of $75,000 per year.

Again, pay would be based on your credentials, expertise, and the country you are in.

For example, ZipRecruiter reports that the median annual wage in the United States is $120,405 per person.

However, you should not hesitate to haggle over your compensation as the range can be very wide.

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What salary to expect

The websites listed below can be used to find suitable employment

AngelList talent

CryptocurrencyJobsCryptoJobs

Crypto jobs daily

CryptoJobsList

As a matter of fact

LinkedIn

web3.career

PRO advice on landing your dream job

Learn more about NFTs and crypto. A recruiter may ask, “What protocol do you prefer?” depending on the job.

There are several places where newbies can get the guidance like OpenSea Blog, Binance Academy, Crypto Explainer+, NFT Now, Glossaries, 99Bitcoins YouTube Channel and others. Also see OneArt Medium for instructions.

Networks are critical to cryptography. Join the OneArt Discord server, Telegram group, and Binance community, among others, to interact with the community.

Use cryptography, for example by creating a wallet and an account on a website.

Update your resume to match the requirements of the job you want, even though it may seem obvious.

Have you attended meetings, contributed to projects, or published articles about cryptocurrencies? That works too.

Also consider your soft skills, such as B. Your ability to learn quickly, collaborate with others, adapt quickly and be self-motivated.

Be persistent and willing to learn.

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