In a bear market, crypto employment continues its bull market

What if the next bull run was that of crypto employment? – Who could have predicted at the end of the 90s the influx of opportunities that would arise from the funny revolution of the time, internet † Here the question arises again today. Do we see a similar pattern reproduced with the web3 † In any case, this world remains in turmoil despite the current crisis. The specialized recruiters in the field of cryptocurrencies confirm it. They see no decline in the supply of jobs in the sector, on the contrary. Strange phenomenon in a context where technological stocks are having a hard time. Let’s dig the track.

Web3 and crypto companies, the popular jobs of tomorrow?

the market is gloomy and your wallet is bleeding? Morale down? Cryptos are known for their high volatility phases, which arouse extreme emotions. However, there is a surefire way to keep living your passion while trying to save your wallet. the crypto job market† Because it doesn’t seem to know the crisis.

Traditional technology companies are struggling. Some have even announced recently that reduction of their staff in this context of market slowdown. Twitter, Uber, Amazon, Robinhood, the list goes on. netflix canceled the contract of 150 employees this week. Earlier this month, meta, formerly Facebook, froze hiring. In short, all companies in the sector seem to be in trouble. All? no ! A sector populated by die-hard blockchain and web3 enthusiasts who still and always resist the gloom of the markets.

According to recruiters at Crypto Recruitmentasked by our Cointelegraph colleagues, the sector appears to have been unaffected.

“We heard about a major downturn in the tech sector, but hardly noticed it. On the contrary, we see that many more candidates want to enter the cryptocurrency market. We are inundated with applications for quality candidates and have vacancies in all sectors. †

Cryptorecruit, May 18, 2022

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Behind the tree of a gloomy market lies a forest of opportunity

Neil Dundon’s company, Crypto Recruit, is a recruiting specialist dedicated to the cryptocurrency industry. Their teams, located around the world, the United States, Asia-Pacific and Europe, are making the same observation.

“We have not seen any slowdown in hiring in this sector. We are busier than ever”

Neil Dundon, Founder of Crypto Recruit

Kevin Gibson, founder of Proof of search, a blockchain recruiting company, also spoke on the topic. According to him, most projects in the crypto sector are in the start-up phase. They are still functioning thanks to the funds collected in recent years.

Furthermore, according to Gibson, there is a big imbalance between available talent and business needs. In fact, even if a number of start-ups gradually disappeared, this would not be noticed in the labor market. The talents of the sector would soon receive other proposals.

Because there are many vacancies and few qualified talents, the latter receive many vacancies.

The other emerging trend is the gradual influx of web2 talent into web3 startups.

“Most innovative web2 technology companies allocate at least a budget to consider how to incorporate blockchain into their models. So it’s not just companies venturing into the field, but candidates are pouring in as traditional technology shrinks. †

Neil Dundon, Founder of Crypto Recruit

According to a study by LinkedIn released last January, have crypto-related vacancies jump 395% in the United States between 2020 and 2021. Compared to just 98% for the tech industry as a whole over the same period. The most filled positions are those of blockchain developers and engineers. In the long run, however, all employment sectors could be affected. Lawyers, community managers, NFT artistsweb designers, gamers Playto Earn, trainers, journalists, editors… and many other professions yet to be invented. So get ready for your next one maintenance in the metaverse

Do you dream of finding a job in the ultra-dynamic Web3 sector? Not to miss the chance of a lifetime, register now on the FTX reference crypto exchange platform† You therefore benefit from a lifetime discount on your trading costs (affiliate link, see conditions on the official website).

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