Blockchain-based businesses are sprouting everywhere as big-tech companies adapt their modus operandi and create new use cases throughout industries.
Cory Hymel, VP of product at Gigster, explores the growing need for tech talent in this autonomous, decentralized, and transparent space to create digital products and services and why you should be part of this emerging universe.
Worldwide adoption has led to a steady but massive boom in Web 3 and blockchain. This has led to an avalanche of jobs as the demand for front-end and back-end developers grows by the day.
Emerging Career Opportunities in Blockchain and Web3:
From the humble beginnings of the simple Web1 that introduced the world to emails followed Web2, an improved version of the internet that incorporated social media and the era of user-generated content.
Blockchain and Web3 are relatively new and have yet to be fully explored. They are behind the explosion of NFTs, metaverses, virtual reality and other 3D modeling technologies.
Blockchain and Web3 are still in their infancy, but there are many exciting career opportunities and professional roles in this space.
The emerging blockchain and Web3 paves the way for exciting professional roles in the future. These include deep-rooted entry-level career opportunities and specialized skill areas such as design, community management, data analytics, software engineering, web development, and more.
Mainly underdeveloped, potential reasons are enough for anyone looking to gain a competitive edge over their peers to explore the blockchain and Web3 markets for various opportunities in the industry.
Reasons to watch the evolving Web3 space:
Web3, the next-generation Internet that allows users to share information and interact through audio and video in an immersive 3D environment, has garnered a lot of attention from leading technology companies. It is. . and venture capital firms.
According to Emergen ResearchOpens a new window report, the global Web3 market is expected to grow by 43.7% from $3.2 billion to $81.5 billion by 2030. Add to that the increasing popularity of blockchain and cryptocurrency, and you have a tech landscape that’s literally on fire.
It would be best if you considered acquiring tech and career skills in this space because as the next generation of the internet happens before our eyes, numerous big tech companies have taken the front seat and are looking for ways to utilize the technologies.
The favorable investment opportunities mean that companies pioneering in the blockchain and Web3 fields are on a hiring spree. There’s now an increasing need for skilled labor to populate the space with new, innovative products and services to create new ways for web-based businesses and interactions.
Examples of Tech Companies Investing in Web3:
While most blockchain and Web3 companies are usually startups, some established firms across multiple industries, including healthcare, entertainment, finance, and government services, have already claimed their space at the high table.
Companies like IBM are developing tools and infrastructure for decentralized systems. Other prominent examples include:
Amazon: Creating a service for developing blockchain networks that support private and public blockchains.
Sony: Plans to introduce crypto for in-game betting systems in eSports.
ConsenSys: Offering consulting services for Web development teams, building applications on the Ethereum blockchain
Netflix: The video streaming firm plans on using Web3 for a decentralized approach to watching the original content.
Other blockchain and web3 tech and fintech companies include giants like PayPal, Instagram, Meta, NVidia, Spotify, Alphabet, Unity Software, Steemit, Tesla, Apple, and more.
Having a hard time signing up for the winning web3?
Newcomers will join the rapidly growing army of talented professionals who are shaping the new technology landscape. The hype around blockchain and Web3 continues to gain momentum as users embrace technology that is changing the way they use the web.
As a result, Web3 careers are more likely to dominate the job market in the coming years for those considering a tech career before the skills gap closes.
So, is it difficult for beginners to get into blockchain and Web3?
Perhaps, but not necessarily. As with any new field, you will face fewer guarantees as the workforce is still technologically evolving and the past for long-term career advancement is not too clear-cut.
On the positive side, however, early risers will join the early professional cohorts, even though the job market is still less competitive than other skill fields. Fewer applicants are looking for blockchain and Web3 roles, so they are more likely to be hired and negotiate better compensation offers.
Tech Skills Required for Web3 Professionals :
The growing demand for Web3 products by both developers and consumers offers credible evidence there’s a lucrative appeal for professionals. It would help if you learned to possess the requisite skills to help you land one among the existing jobs in the field.
From application design and smart contract development to content creation, there’s a continually growing list of the broad categories comprising Web3 positions.
Other types include careers in non-fungible tokens (NFTs) and decentralized finance (DeFi) development, all of which require specific skill sets. The skill sets can be categorized into two.
Technical skills:
You need two technical skills right now to qualify for a career in Web3. The first is programming skills that include writing code if you are interested in a Web3 development role for unique use cases such as decentralized applications (DApps).
The second is knowledge of cryptography so that you can engage in work related to the security and privacy of user data.
Other skills required for entry-level work in Web3 include blockchain and ethereum fundamentals, reliability, smart contract writing, and web development. You will also choose skills such as HTML, CSS, JavaScript, and JavaScript frameworks, as well as skills in marketing, sales, finance, operations, and analytics.
Non-Technical Skills:
Most of the salary estimates for Blockchain and Web3 jobs relate to developer work, but a few other roles don’t require coding skills. Non-technical skills required for a career in this field include excellent writing and communication skills and the ability to work in teams.
Since Web3 revolves around decentralization, there is every opportunity to work remotely with teams that are ultimately spread over a large geographical area.
Therefore, social skills must be developed along with technical knowledge. Creativity is essential to quickly adapt to the ever-changing Web3 environment.
Fertile Ground for a New Career:
Blockchain and Web3 aren’t overhyped buzzwords; they’re well-established tech spaces full of inexhaustible potential to alter how we interact with the web forever.
The growing list of big tech players who have recognized the value of these emerging technologies and jumped in is enough evidence that it’s a safe field to venture into, as it’s here to stay.
There is a growing demand for Web3 professionals, and there’s every chance it will soon become a fertile ground for new career opportunities.
With exciting projects, remote work opportunities, potential lucrative salaries, and a future-proofed career as compelling factors, you may want to dip your toes sooner rather than later if you feel passionate enough about this as a potential career path.
Originally published at https://businessdor.com on February 9, 2023.
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