Crypto jobs As we end 2023 and head for 2024, here are the crypto jobs that will be in demand in 2024.
Neil Dundon is head honcho at Crypto Recruit, which is based in Sydney, and is the first specialist agency in the crypto and Web3 space.
Here are his top 5 job areas where there will be demand going into the new year.
#1 Increased Web3 expertise demand as we head into a bull run
Web3 in this context means anything in the space of crypto and blockchain. The last year and a half have been some of the slowest, the slowest I’ve ever seen in terms of hiring in the last six years.
We are the dominant player in this space, so we know it’s just dropped off a cliff. So the only way is up from here. From a hiring perspective, we’ve seen crypto prices going up over the last couple of months. But with jobs, there’s usually a lag, but it’s just starting to turn a corner.
In terms of jobs, we’re beginning to see some green shoots appear in terms of hiring. At the same time though, a few companies are letting people go. But the trend is up for sure.
#2 GameFi, DeFi, NFT expansion
Web3 gaming has reinvented itself and is coming back with a vengeance. In terms of skill sets that are needed for that, the traditional skill sets are valuable, that any traditional game developer would need.
Areas in demand will be partnerships, marketing, and as the industry grows, crypto-specific skills within that space. For example, anything from technical skills to implementing NFTs into games.
Gamers are demanding a much higher quality gaming experience from blockchain games. People are no longer going to rely on the speculative aspects and the tokenomics of a game as a sole reason to play a game. The quality of games needs to rise. And it appears that the market has recognised that, and this time around, they are starting to produce much higher quality games.
We’re going to need an influx of quality staff, which I’ll be searching for personally, coming from the traditional gaming space. My task as a recruiter is to open up the minds of traditional game developers because they typically don’t like crypto games.
The message I’m trying to get out is that this time, we’re going to be focusing on building games, and then adding in economy after that.
A lot of these games that have been built on blockchain technology are built the same as any other traditional game is built. The only thing that is different is a side part of it that’s the in-game economy, the tokenomics, the ability to trade things that’s built on a blockchain.
#3 Increased demand for blockchain security professionals
There were a lot of hacks last year. People put time into security, but only as an afterthought. Whereas this time around, the industry’s credibility is built on security. So I think there’s going to be more of a focus on making sure the DeFi protocols don’t get hacked. People will allocate more expense to finding good quality security staff.
#4 Crypto jobs: Interdisciplinary skillsets in focus
This is the ability to understand new concepts, like blockchain, and have experience in traditional areas, and being able to integrate these together.
For example, someone who works on Wall Street may be great with finance, and they might have bought Bitcoin five years ago. They have a bit to learn about how money integrates with blockchain. There’s going to be more demand for people who’ve got that experience, but also who understand Web3 and the culture.
#5 Crypto jobs: Remote work continues
There’s a big push back to the office now in the traditional space. But crypto has always been remote first, so crypto recruits don’t need to worry too much. Talent is still going to be in short supply. So if employers want to stay ahead, and be competitive in the talent market, they need to keep remote work an option.
