Written by Rakhi Singh
With just over a decade of history, Crypto ecosystem has grown in popularity in the public eye. Cryptocurrencies have outgrown global biggies like Apple & Microsoft in market capitalization (over $2 trillion and counting). In recent years across the world, adoption of this new ecosystem has followed the same path. People investing in cryptocurrencies are currently estimated to be 10% of the global population – and with this scale of growth – how will this affect the new wave of leadership hiring and engagement ?
So who is hiring ? and how ? and for whom ?
Hiring Organisations – Broad categories :
What are they looking for :
1. Technology :
- Game Developers
- Data Scientists : Machine learning specialisation and understanding of decentralized finance and protocols
2. Finance & Compliance
- Legal and Compliance
- Crypto Trading
- Digital and Crypto adoption transformation
- Government Liasoning
- Community Management
- Strategic Partnerships
- PR : Outreach and engagement is key to the new ecosystem to drive new user acquisition and stay clear of controversy. Organisations are looking at leadership talent with a knack for digital first content.
4. Other functions are like HR
How are they hiring ?
As the ecosystem is small – and very focussed, a great place for entry level hiring is community platforms like discord ; however for leadership hiring, there is a lot of focus on hiring executive search Firms.
How do they pay ?
While the leaders and bigger organizations compensate the key employees in fiat currency; paying in crypto is like a norm in this space. This is the classic “practice what you preach” mindset which we see some resistance in – specially in countries like India – but we don’t think this will continue for long.
Are you interested in this space ?
Being well versed in the blockchain / web3 landscape is a great starting point. Technology folks could start by understanding smart contract protocols and learn Solidity and create some work on open source platforms ; and senior leaders from business side can start getting familiar with this new wave.