Workers in the Web3 job market are in greater demand than ever, thanks to the Covid-19 pandemic and the growth of the Web3 space, especially those with expertise in blockchains and their applications, such as cryptocurrencies and non-fungible tokens (NFTs).

According to a recent survey by the job-search website Indeed, the number of job postings for cryptocurrencies, blockchain technology, and NFTs surged by an astounding 804% between April 2020 and April 2022. If you have any remaining concerns about working in the cryptocurrency and NFT industries, here is a guide to help you overcome them and ride the wave.

Why work in the Web3 and NFT industries?

The adoption rate for developers is high.

According to a SlashData study, a sizable percentage of engineers are curious to learn more about cryptocurrencies, blockchain technology, and NFTs (about 67%, 59%, and 48%). As developers keep an eye out for updates and new trends, we may be able to predict the future of crypto-related technologies by looking at learning rates. It is, therefore, quite likely that the topics they investigate and research will be popular.

International companies entering the industry

Digital assets are a significant expense for multinational companies like Adidas, Visa, Louis Vuitton, Taco Bell, Pizza Hut, and Pringles.

Huge salaries

One benefit of working in the crypto and NFT businesses is earning a big salary. The web3 job market paytable shows a maximum income of $500,000 and an income range of $63,000 to $120,000 annually. Notably, estimates reveal that VC firms invested in blockchain and cryptocurrency enterprises totaling $30 billion in 2017.

A shortage of talent

Notably, many companies working in the area struggle to find enough suitable people while having adequate resources to invest in. Developers are in short supply; for example, Singapore’s 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.

Furthermore, it is uncommon in the sector; for instance, DeFi only has 1,000 developers overseeing smart contracts with assets worth more than $100 billion.

Benefits of working in a field

Despite developers being the most in-demand employees, businesses also employ many non-technical staff. Market researchers, copywriters, community managers, recruiters, sales managers, financial analysts, and other professionals are required.

• As the market expands, new job possibilities are emerging, including those for token economics, NFT drop experts, and crypto art promoters.
• Your pay will be comparable with the market.
• Much more room exists for you to express yourself.
• You join the movement that is transforming the world, providing you the chance to concentrate on creativity and create a roadmap for significant discoveries that will have a substantial impact on our way of life.
• Negative aspects of working in an area
• A developer needs to be highly technical, with expertise in languages and frameworks including Solidity, Golang, C++, C#, Python, and React.

You will require at least a general understanding of the cryptocurrency sector, such as how traditional marketing and crypto marketing differ, even if you are not a developer. So, if you’re just starting, be ready to invest a lot of time studying. The market for cryptocurrencies is increasing. Lewis Carroll once said, “If you wish to stay put, you should escape as rapidly as you can,” This is a very true statement.

Also Read: Top 4 Crypto Jobs To Join The Web3 Revolution

What kind of pay might one expect?

Product managers can earn up to $114,000 annually, while designers can earn up to $80,000.

Marketing specialists frequently make an average salary of $75,000 per year, which is lower than that of community and SMM managers. Once more, your remuneration would be commensurate with your credentials, degree of experience, and country of residence. For instance, according to ZipRecruiter, the average yearly salary in the United States is $120,405 for each individual. However, as the range spread may be big, you shouldn’t be afraid to barter your recompense.

PRO tips on securing your ideal position

The OpenSea blog, Binance Academy, Crypto Explainer+, NFT Now, glossaries, 99Bitcoins YouTube channel, and other resources are just a few sites where novices can find instructions. Consider OneArt Medium as well for advice. Cryptography relies heavily on networking. Interact with the community by joining the OneArt Discord server, Telegram group, and Binance Community, among others.

Use cryptography by, for instance, setting up a wallet and an account on a website. Even though it might seem apparent, update your resume to reflect the job requirements you want. Have you given presentations, worked on projects, or written articles about cryptocurrencies? That works as well. Also, consider your soft talents, such as your capacity for quick learning, teamwork, quick adaptation, and self-motivation.