Web3 Job Market and How to Find a Job in Web3 in 2024
The Web3 job market saw massive layoffs over the crypto winter that started in November 2021. Prices of Bitcoin and other cryptocurrencies declined sharply causing market uncertainty, and making investors cautious. 2024 seems to change the sentiment.
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On March 14, 2024, Bitcoin set a new all-time high of $73,640. At the time of writing, the total crypto market cap stands at over $2.72 Trillion. How will market recovery affect the job market? What specialties are currently in demand, and how to find a job in crypto in 2024? We’re sharing some insights in this article.
The State of Crypto Job Market in March 2024
As the crypto market is heating up in 2024, many companies began actively hiring. The year started with the approval of Bitcoin ETFs by the US Securities and Exchange Commission. The approaching Bitcoin halving is another positive signal for the market. Rising prices of cryptocurrencies bring more investors to the space, setting the ground for growth and increased demand for professionals. Currently, Chainlink, Uniswap, Binance, Solana, Messari, Consensys, and other companies are looking for Web3 talent.
The Most In-Demand Web3 Specialists in 2024
Whether you’re looking for a technical or non-technical role in Web3, there are different possibilities to consider.
Marketing
Web3 brands need specialists who can effectively promote their products and ideas, communicate with users, and build strong strategies. Based on your skills and background, you can consider joining a marketing team as a:
- Copywriter
- Content strategist
- Social media marketer
- Product marketing manager
- Community building specialist
The list goes on. Among the most required skills for Web3 marketers are knowledge of blockchain, creativity, curiosity, communication, and problem-solving capabilities.
Solutions Engineering and Development
Due to industry growth and the need for new solutions, the demand for blockchain architects, engineers, and developers is high. They are responsible for researching new technologies and designing, and implementing blockchain-based solutions. Positions in Web3 solutions engineering and development include:
- Solutions architect
- Front-end developer
- Full-stack engineer
- Smart contract developer
- Software Solutions Consultant
The most used programming languages for blockchain app development are Solidity, Go, Rust, Python, JavaScript, Vue, and others. Required skills include cryptography, data structures, and an analytical mindset.
Breakdown by Smart Contract Languages. Source: defillama.com
Design
Digital design is another field in Web3 where you can find different opportunities. For crypto projects, design has special importance as it makes brands recognizable and helps users understand a product without knowing much about technology. Designer positions include:
- Product/UX designer
- 3D designer
- Animator
- Graphic designer
- Brand designer
To work as a designer, you need visual creativity, knowledge of design tools, prototyping skills, and other relevant skills.
Product and Project Management
Both product and project managers play important roles in Web3 companies. Product managers set the product’s vision, and ensure it meets user needs. Project managers oversee a project’s execution and delivery.
If you’re considering jobs in product or project management, there are different roles to consider:
- Technical project manager
- Non-technical project manager
- Scrum Master
- Growth product manager
- Platform product manager
Positions for product and project managers require leadership, collaboration, and time management skills, among other qualifications.
Smart Contract Auditing
With the increasing popularity of blockchain applications, there’s a need for specialists to ensure security. Auditors review projects’ code, infrastructure, and architecture, and spot vulnerabilities. A smart contract auditor career begins with a strong foundation in programming and blockchain technology. You’ll need to have attention to detail, analytical skills, and knowledge of security best practices and tools.
How to Find a Job in Web3 in 2024
Landing a job in Web3 can be a challenge, especially when you’re just starting out. Here are a few tips to help increase your chances:
- Learn about Web3: Expand your knowledge about Web3 and decentralized technologies. There are different YouTube channels and online courses offering educational content.
- Showcase your skills: If you’re a developer or auditor, contribute to open-source projects. If you’re in the creative industry, consider working on personal projects to build an online presence and create a portfolio. Regardless of your profession, you can run a blog sharing your thoughts and ideas.
- Create a Web3-Focused CV: Build a strong CV listing your skills, certificates, and experience. Include relevant keywords and make your resume easy to read.
- Search for jobs on different platforms: Reach out to your network, and apply for openings through job portals, or company websites. Read position requirements carefully and customize your applications.
- Be aware of job scams: Watch out for red flags in job announcements. Scammers often post fake job announcements and ask applicants to make payments as part of the recruitment process. Another tactic involves sending fraudulent files designed to steal data from your device. Before downloading, verify files using online tools, and ensure the company posting the job is legitimate.
Final Thoughts
In 2024, the Web3 job market is poised for recovery. The industry offers various career paths for beginners and experienced specialists. Despite its uncertainties and risks, Web3 is a growing field with significant potential. For those working in the industry, this means opportunities for career growth and interesting experiences.
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