In a bear market, crypto employment continues its bull market

What if the next bull run is crypto employment? – At the end of the 90s, who can predict the influx of opportunities coming from the ridiculous revolution of the time, Internet ? Here the question arises again today. Do we see a similar pattern reproduced using web3 ? In any case, this little world remains in turmoil despite the current crisis. Ang skilled recruiters in the field of cryptocurrencies it is reinforced. They do not see any decrease in job offers in the sector, on the contrary. Strange phenomenon in a context where technological stocks are struggling. Let’s go down the path.

Web3 and crypto companies, the popular jobs tomorrow?

ang the market is dark and your wallet is bleeding? Decreased morale? Cryptos are known for their stages of high volatility, which generate intense emotions. However, there is a certain way to continue to live from your passion while trying to bail out your wallet. ang crypto job market. Because it doesn’t seem to know the crisis.

Traditional technology companies are having a hard time. Some have recently announced a reducing their staff in this context of market slowdown. Twitter, Uber, Amazon, Robinhood, the list goes on. netflix terminated the contracts of 150 employees this week. Earlier this month, Meta, formerly Facebook, is freezing hiring. In short, all companies in the sector seem to be having difficulty. Everything? No! A sector still dominated by die-hard blockchain and web3 enthusiasts and always resisting the darkness of the markets.

According to recruiters from Crypto Recruitasked by our colleagues from Cointelegraph, the sector seems to have been less affected.

“We heard about a major collapse in the technology sector, but we barely noticed it. On the contrary, we see that many more candidates want to enter the cryptocurrency market. We are flooded with applications for de- quality candidates and there are vacancies in all sectors. »

Cryptorecruit, May 18, 2022

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Behind the tree a dark market hides a forest of opportunities

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

“We have not seen a slowdown in procurement in this sector. We’re busier than ever “

Neil Dundon, founder of Crypto Recruit

Kevin Gibson, founder of Search Evidence, a blockchain recruitment company, also spoke on the subject. According to him, most projects in the crypto sector are in the start-up stage. They still work thanks to funds collected over the years.

Furthermore, according to Gibson, there is a large imbalance between available talent and business needs. In fact, even if some start-ups disappear along the way, it won’t go unnoticed in the job market. Sector talents will soon receive other proposals.

Because there are many vacancies and few qualified talents, the latter are offered many job opportunities.

Another emerging trend is the gradual influx of web2 talent into web3 start-ups.

“At a minimum, most innovative web2 technology companies allocate a budget to consider how they can integrate blockchain into their models. So not only are companies venturing into the field, but candidates are flooded with the number of traditional tech downsizes. »

Neil Dundon, founder of Crypto-recruit

According to the study by LinkedIn released last January, crypto-related job postings already exist 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 frequently filled positions are blockchain developers and engineers. However, in the long run, all employment sectors may be affected. Lawyers, community managers, NFT artistsweb designers, gamers PlaytoEarn, trainers, journalists, editors … and many other professions that have not yet been invented. So get ready for your next one maintenance in the metaverse ?

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