to survive – Some Web3 profiles continue to attract strong interest from crypto companies, although the bear market persists.
June 2022: web3 developers take shelter from the crypto storm
While the crypto winter has shaken some of the sector’s giants, who have had to lay off some of their staff to stay afloat from a financial standpoint, others are rolling out the red carpet to welcome new talent.
In its June 14 tweet, CryptoCareers, a platform for connecting Web3 developers with crypto companies, noted that several of its partners “ Always looking for developers : rust, persistence, react, nodejs”.
To illustrate a certain contrast in the sector, CryptoCareers then recalled that several cryptocurrency exchanges “recently announced major cuts”, advancing referral rates of 18%, 10%, 5%, 20% for Coinbase, Gemini, Crypto.com respectively. , and blockfy.
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July and August: Market is still red, gray matter is green
The past two months, July and August, have not seen a return of good weather to the market and the crypto industry in general. The bankruptcy of Voyager Digital crypto exchange or the bankruptcy of Zipmex are just a sample of the news that have marked the dynamics of the sector recently.
Crypto markets remain in the red, a recovery long overdue. To give the temperature, the price of Bitcoin has returned to around $20,000 and is showing signs of fragility that could take it below this level.
So the situation has not improved since mid-June.But that doesn’t stop crypto companies from chasing certain skills that remain necessary, if they want to survive until spring, to thrive over the summer.
Given these challenges, even Voyager Digital, which is currently collapsing under a mountain of debt, has sought court approval to implement its retention plan, which aims to retain key employees within the company. , after paying a million dollar bonus. .
The sky is still red, the color of bearish candlesticks, but crypto trades stay that way A fan of gray matter. Recently, Kevin Gibson, founder of crypto recruitment company Proof of Search, told Cointelegraph that there is “still a lot of demand” for workers in industries like GameFi, Metaverse, “money decentralized and NFT-based companies.”
In these uncertain times for the industry, the demand for these web3 professions, essential to the survival of crypto companies, is even exploding, with more than attractive salaries for those with these skills, ready to put on the table.
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