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How to Get a Job in Web3, Crypto, Blockchain, According to Hiring Managers

How to Get a Job in Web3, Crypto, Blockchain, According to Hiring Managers

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  • People who hire at the companies that build Web3 told Insider what they look for in candidates.
  • Experience in Web3 domains, such as blockchain or cryptocurrency, is rare, but being self-taught and knowledgeable on the subject is expected.
  • “If you come in saying ‘I don’t know much about crypto,’ the interview is over,” said one CEO.

With billions of dollars pouring into areas such as cryptocurrency and blockchain technology, Web3, the distributed digital ecosystem that includes them, has suddenly become a hot market for tech jobs.

Space is nascent and can be volatile, with bad actors and fraud, but many believe it’s the future of the internet, and successful companies and employees have seen huge payoffs for their work. For those looking to make the leap into the field, there are certain skills and traits that hiring managers say will set you apart.

Pascal Gauthier, CEO of Ledger, a secure cryptocurrency wallet, said the emergence of Web3 today reminds him of the internet in the early 2000s, when it was getting started in technology when internet companies like Amazon , Google and Yahoo were emerging from the rubble of the Dot-com crash. He was also asked what people need to know to get a job in this “new economy”. His answer is always pretty much the same.

“It’s about adapting to a new product,” Gauthier said. “It doesn’t fundamentally change everything we do.”

So good news for anyone working at a big tech company like Facebook, Google, Apple, Microsoft, or Amazon: your engineering, programming, hardware, and general production skills, even your know-how in tech marketing and public relations, are probably very valuable to anyone. company operating in Web3. And the current shortage of qualified technicians means that you will be even more sought after in Web3.

“There are so few good people that we really need to introduce them,” said Felix Mohr, CEO of Crypto Fight Club, a play-to-win platform that uses NFTs.

There are a few differences, however, that may mean a jump into Web3 isn’t the right move for anyone coming from a traditional tech background. It mostly boils down to the fact that the whole ecosystem is new, unregulated, and lacks the infrastructure to support the lofty ambitions of something like blockchain.

If you’re looking for a new challenge in technology, read on to learn about some of the skills and traits people hiring and recruiting in Web3 are looking for.

You must show a genuine interest in exploring a new area

It might sound obvious, but executives and recruiters alike cited bad experiences with candidates trying to get jobs in Web3 who at some point made it clear they had no real interest in things it represents, such as blockchain, crypto or digital goods.

“All kinds of technical skills translate well, but the one thing I don’t want is someone who doesn’t want to be here,” said Hugo Renaudin, founder of P00LS, which creates digital tokens for people. creators.

Gauthier de Ledger said that when interviewing a candidate for a job at his company, he was mainly looking to see if he was culturally appropriate and whether he was ahead of him because he really wanted to be in crypto. .

“It’s easy to find out how curious people are,” he said. “Sometimes people come in and say ‘I don’t know much about crypto’ and that tells me they’re not very curious and the interview is over.”

“The desire to come in and cash in is not the right reason to come,” added Gauthier.

Teach you what already exists

Curiosity alone is not enough. If you want to be in Web3, you need to do your homework and learn what you can. And because the field is emerging, with few formal educational paths available, that means doing it mostly in your spare time.

“If you’re very familiar with a programming language, something like Solidity isn’t the hardest to master,” Mohr said. “But you have to study it. Read a lot and try things on your own because you can’t get a degree in it.”

“Some of the best programmers we dropped out of high school or college and they taught themselves at home,” he added.

Dan Portillo, founder of Sweat Equity, which invests and recruits for many tech companies, said anyone with a solid background in building almost any aspect of technology can get a Web3 job, as long as they’ve taken on it to learn at least one new distributed technology, such as smart contracts.

“It’s mostly about reading what you can, any documentation that’s out there, and keeping up to date with what’s going on,” he said. He noted that several engineers working on a few Web3-related projects that Sweat Equity is involved in came from Google. Only one had direct work experience in crypto. It’s the same elsewhere.

“If you look at Coinbase, almost all the engineers were trained there,” Portillo said.

Be flexible and comfortable in a potentially volatile environment

“Crypto is still being traded, there’s always a new fire to put out,” Mohr said.

Scams and theft are a big challenge for Web3 companies. Last year, the Federal Trade Commission uncovered crypto-related investment scams increased tenfold between 2020 and 2021, with people losing at least $80 million from investments that turned out to be fake. Hardly a month goes by without a report major breach of crypto or massive assets NFT Fraud.

And every time a new scandal arises, a team of engineers and programmers, not to mention marketers and managers, must find a way to build trust in their communities and fix whatever has been exploited. , whether by pirates or plagiarists. It’s a job that won’t stop anytime soon. And like all new technologies, it comes with its own unique set of problems.

Even Solana, one of the most established and trusted source of blockchain for apps and crypto platform, can crash into Questions.

“Sometimes the whole Solana network goes down and they have to call a bunch of people to update it,” Mohr said.

Another aspect of Web3 that may be confusing to those who come from a more traditional tech background is the roadmap of a platform or protocol that starts with a community and ends with a product to serve them. . It’s the reverse of how a platform like Facebook or Google got started, Renaudin noted.

“In a technology company, let’s say building SaaS, you know the market, you come up with your plan,” Renaudin said. “You try to hit the milestones set in this plan, and then you get money and scale based on that plan,”

“In Web3 you build a community first and that will help you come up with a plan. You find the people and go from there.”

Don’t expect a comfy 9 to 5 or the perks you’d find at a Big Tech company

With new and unexpected issues occurring so often in Web3 – not to mention an ecosystem that is still emerging – day-to-day work can be difficult and unstable. Companies are often new and don’t have the polish or institution of a Google or an Apple. There are few corporate campuses offering catered meals and laundry service. Several hiring managers told Insider that the hours can be long and unpredictable.

“People are used to a Monday to Friday, 9am to 5pm schedule – that’s not it,” Crypto Fight Club CEO Mohr said. “I’ve hired people from a more traditional tech background and expected that to be the case, and it’s like no, it’s not gonna happen mate. Working a lot of 14-day hours and no weekends is not for everyone.”

The potential for the work to bear fruit is there, he said. Many Web3 companies offer a competitive salary compared to FAANGs, but the real appeal is to jump into a company early that will be the next breakthrough. Founders and early employees could potentially make billions if the market for crypto and digital commodities becomes as big as some people expect in the coming years. Those bullish on the market, like Cathie Wood’s Ark Invest, see the value of Ether, the second-largest cryptocurrency, go so high like $170,000 for a single coin and the blockchain platform it runs on is worth $20 trillion by 2030.

“We’re hiring people from Apple, Microsoft, all the big players, because we need that talent,” said Gauthier, CEO of Ledger. “Then we give them something new to do, new problems to solve.”

Are you an insider with ideas to share? Do you have any advice? Contact reporter Kali Hays at [email protected] or via the Signal secure messaging app at 949-280-0267. Reach out using a non-professional device. PM Twitter at @hayskali.