With COVID-19 having accelerated the adoption of technology across frontiers, technology professionals are in demand more than before, especially in newer areas like cryptocurrency, NFTs (non-fungible tokens), and blockchain.
According to a recent report by job portal Indeed, job postings for cryptocurrency, blockchain, and NFTs have grown 804 percent between April 2020 and April 2022.
The report showed a staggering acceleration of 315 percent in market demand. If you still have doubts about working in the crypto and NFT space, here is a guide.
Why work in crypto, NFT space?
The adoption rate among developers is really high. According to SlashData, about 67 percent, 59 percent, and 48 percent of developers are interested in learning about cryptos, blockchain technology, and NFTs, respectively.
As developers keep an eye out for upgrades and new trends, learning rates reflect the future of crypto-related technology. Therefore, the topics they investigate and delve into are quite likely to be popular.
Global companies entering the space
Multinational companies spending a lot of money on digital assets include Adidas, Visa, Louis Vuitton, Taco Bell, Pizza Hut, and Pringles.
High salaries
Work in the crypto and NFT space means high salaries. The web3.career salary table shows average annual incomes of $63,000 to $120,000 and maximum wages of $500,000. Notably, according to estimates, VC firms poured $30 billion into cryptocurrency and blockchain firms last year.
Talent crunch
Interestingly, a large number of companies working in the space are unable to find enough talents despite having adequate money to invest. Developers are in limited supply. For example, the demand for blockchain and cryptocurrency experts increased by 80 percent in
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