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How to Work in Web 3, Cryptocurrency?by@z3nch4n
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How to Work in Web 3, Cryptocurrency?

by Zen ChanApril 27th, 2022
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Cryptocurrency and Web3 jobs are becoming a popular pick for the top talents in the currency circle. This article will help readers sort out the types of jobs in this field and the mindsets and traits they should have if they want to apply for relevant positions. It is much easier to find a developer's job in the Web3 field than to enter a Silicon Valley tech giant. The rapidly changing ecology of the cryptocurrency ring provides practitioners with a steady stream of "freshness" and the excitement and joy of being at the forefront of the times.

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Introduction of Job Types, Attitudes, and Characteristics That Candidates Should Have

Jobs in cryptocurrency or Web 3, with solid growth momentum and generous salary levels, are quickly becoming a popular pick for the top talents. This article will help readers sort out the types of jobs in this field and the mindsets and traits they should have if they want to apply for relevant positions.

Why Work In Web3?

The CMO of Meta's Novi wallet went to Circle - the issuer of Stablecoin USDC. The general manager of Amazon in charge of AWS went to the exchange Gemini as CTO; why are so many top talents coming to the currency circle? I summed up the following points:

#1 Good Salary

Many emerging cryptocurrency projects have a lot of funding from VCs and are hiring like crazy. According to statistics from Blind, a community of elite engineers in Silicon Valley, Coinbase, an American compliance exchange, provides software engineers with a median base salary of US$185,000 a year, and more senior employees can even exceed one million dollars.

Flexibility And Excitement

According to the analysis of KornFerry, a human resources consulting firm, the global Web3 blockchain talent market also presents a "decentralized" model. As high as 53% of related jobs are not in the United States but are scattered in many countries. If your language skills are strong enough, you also have a relatively chance to get jobs in different countries; at the same time, the rapidly changing ecology of the cryptocurrency ring also provides practitioners with a steady stream of "freshness" and the excitement and joy of being at the forefront of the times.

Forward-looking

If you believe that Web3 and cryptocurrency are the future, you can get an early ride in a fast-growing industry or choose to stay in the familiar Web 2 field. Also, job experience and education are relatively less important in this field. The new but fastest-growing market finds good candidates in quite innovative ways. That's why many new talents are looking for jobs in Web3 and Cryptocurrency industries.


Web3 Related Vacancies

Photo by Eric Prouzet on Unsplash

1# Author

From media to projects in diverse fields, all people need writers to deliver information, which can be summarized into the following four types:

  • Content writing: Long content, such as blog articles and e-mails, aims to let readers know about the company and maintain user engagement. Web2 companies usually rely on Google/Facebook to advertise, and cryptocurrency companies use authors to get readers' attention. For their companies because they are restricted from advertising.
  • Media reporters: Report news in the cryptocurrency field.
  • Technical authors: understand the technical details of the blockchain protocol and need to write Gitbooks, white papers, announcements, etc., to make it easier for users to understand.
  • Copywriter: When the future blockchain application becomes more and more comprehensive, the explanation is not enough. It is necessary to create convincing copywriting to bring sales and persuade users to register and use the product - the value of a copywriter.

2# Developers, Engineers

Excellent engineers are the rock stars of the blockchain area, and their compensation is rising to the level of high-tech companies in Silicon Valley. In addition to programming language, web development, and other capabilities, sometimes knowledge of cryptography is also required.

Of course, the needs of each company are different, but at this moment, it is much easier to find a developer's job in the Web3 field than to enter a Silicon Valley tech giant.

3# Researchers

Many people spend a lot of time looking for valuable information on Twitter or Discord in the crypto world. Wouldn't it be great if they could get paid along the way? The following is an example job description for a researcher vacancy:

Screenshot of a Job Description | https://www.coinbase.com/careers/positions/3879035

4# Marketing staff

Screenshot of a Job Description | https://boards.greenhouse.io/blockfi/jobs/5743271002

Marketing and PR for crypto are in high demand right now, and it's a time of juggernaut domination in the cryptocurrency space, with projects battling for user attention. Job responsibility may include:

  • Set brand vision and growth strategy
  • Focus on growth channels like SEO or Twitter

5# Community Manager

Screenshot of a Job Description | https://jobs.lever.co/binance/204b94da-9535-4b86-9bf4-01e43d6eecd7

Build communities on Discord, Reddit, Twitter, Facebook, and more. You represent the project and, at the same time, listen to the feedback from the community; there will be a lot of intersections between this job and marketing.

6# Essential Job Openings

Of course, not all work in the operation of a company has to be crypto or web3 related. In addition to the hard-power-demanding job of a blockchain engineer, you may also consider the following clerical jobs:

  • Designers, any field needs beautiful visual design to grab the reader's attention.
  • Administrative Assistant
  • Product Manager
  • Risk Analyst
  • Accountant
  • Salesperson
  • Human Resources
  • Legal Staff


7# Create new jobs

You can also develop a position that does not currently exist. After all, how many people in this world would call themselves "token economics experts"? These vacancies are in high demand but relatively lack talent.


Tips for Finding a Web3 Job

Photo by Frame Harirak on Unsplash

Often Web3 Companies Don't Care Much About A Candidate's Degree.

Instead, they are seeking more experience and work results. If you want a career in writing or research, try tweeting something that will serve as a stepping stone to your chances. If you successfully build your following on Twitter, it will significantly increase your chances of getting a job; even a job will come to you.

If You Want to Be a Community Manager, Try Running a Discord.

Many DAOs and projects are always looking for volunteers who can work for free. Of course, you might be thinking, "I don't want to be a volunteer." But it is usually temporary; you can think of it as an investment in your future. And if this project becomes popular in the future, you may also get rich along the way.


Let's work through an example. If there are the following two candidates, smart companies will choose A:

  • A: 6 months of experience, 20,000 followers
  • B: 5 years of experience, less than 500 fans


So don't let requirements like experience or degrees hold you back, be good enough that they can't ignore you; if you don't get hired, analyze your abilities, focus on being honest with yourself and making up for what you lack, such as:

  • Are you bad at interviewing?

  • Are you inexperienced?

  • Are your skills up to par?


Final Words: The Mentality and Characteristics You Should Have When Working in the Web3 Field

Photo by Szabo Viktor on Unsplash

1# Interested In Exploring Blockchain and Crypto

Interest in a job may seem like a standard requirement, but in reality, many job seekers at this stage are not enthusiastic about the field, and most want to join just because of its rapid growth and good pay. However, fields like blockchain and cryptocurrency are entirely new knowledge, often not learned in school, and individuals need to maintain a strong interest in learning.


2# Continuous Self-learning

If you want to develop in Web3, you need to learn all kinds of new applications constantly. This field is emerging, and there is minimal formal education and training; thus, you need to comprehend and improve on your own.


3# Knowing How to Respond to Changing Environments

Blockchain is a fast-moving field, and every time a new problem occurs, such as fraud or theft, it is a great challenge for Web3 companies, engineering teams, marketing, and executives must find a way to communicate with the communities quickly. Because, after all, they are responsible for maintaining users' trust, and swiftly patching vulnerabilities that hackers have compromised requires excellent cyber resilience.


4# Expect a Typical 9-to-5 Life That May Not Be For You

Day-to-day work can be complex and unstable due to the frequent occurrence of unexpected problems in Web3. Take the cryptocurrency trading market as an example. Unlike the traditional stock market, which has fixed trading hours, it is uninterrupted 24 hours a day. Sometimes, your working hours may be extended and unpredictable in the global blockchain world.


Of course, there are significant differences between different job types, but the rewards for hard work can also be huge.