Li Jin Profile picture
6 Jan, 23 tweets, 17 min read
7 steps to transition to web3, for non-technical folks.

It can be daunting to make a career shift to web3, especially for those who don’t code.

There are new roles that don’t exist in other industries, and recruiting seems informal and network-based.

A mini-guide 🧵
1. Start by learning blockchain fundamentals.

a16z crypto startup school, which @jessewldn spearheaded, is a great resource for understanding the foundations of crypto and web3.
a16z.com/crypto-startup…

Don't skip this step because it clarifies the how & why of web3!
2. Immerse yourself in the industry by consuming the top information sources:

Newsletters:

@forefront__ - social tokens/DAOs
@banklessDAO - DeFi
@DefiantNews
@notboringclub
@OurNetwork__ - on-chain metrics
@ljxie - all things web3
& my newsletter 👇
li.substack.com
Podcasts:

@BanklessHQ
@Unchained_pod
@UCCPodcast
@Delphi_Digital
@rabbithole_gg
@seedclubhq
@chaserchapman

Tip: when you find projects you’d like to learn about, search for those founders’ podcast interviews to deep-dive into how they think.
3. Follow people on Twitter. Twitter is the “layer 0” of web3, where a lot of the networking & information flow happens.

Here are some good lists of who to follow:

Twitter as a read-only experience is already valuable, but publishing turbo-charges what you get out of it.

Start by writing summaries of various Spaces, podcasts, curating links, etc.

Don’t be afraid to jump into conversations and ask questions—many people will respond!
4. Use crypto products: learn by doing.

Buy some ETH or SOL on an exchange, transfer it to a crypto wallet like @phantom or @MetaMask, and start using dapps:

- Buy an NFT on @Opensea or @MagicEden_NFT
- Support crowdfunds on @viamirror
- Swap tokens on @Uniswap or @SushiSwap
If costs are a barrier, try DeFi apps on low-fee chains:

Solana:
- @DeFi_Land (gamified DeFi)
- @orca_so (user-friendly dex/liquidity pools)
- @solendprotocol (lending)
- @DriftProtocol (perpetual futures)
Or try DeFi apps on Polygon:

- @PoolTogether_ (no-loss prize games)
- @QuickswapDEX
- @PolymarketHQ (event betting)
- @furucombo (optimizing DeFi strategy)
5. Find your niche.

There are many sub-sectors within web3, each with their own rabbit holes of resources, content, and products:

- For NFTs, follow accounts on @context to see what people are minting and trading.
- For DAOs, browse profiles on @withBackdrop to see what DAOs people are participating in.

- For music lovers, join @water_and_music @songcamp_ and browse music NFTs on @catalogworks and @soundxyz_.
6. Hop into various DAOs and start contributing. This is a great, lightweight way to meet people building in web3.

Introduce yourself in Discord, meet core contributors, and ask how to help.

@Cooopahtroopa shared this list of starter DAOs:
7. Finally, commit to one (or a few) DAOs or work for a startup.

By this point, you’ll have gained clarity on what's interesting to you & where you want to spend more time.

Apply to FT roles, e.g. at @variantfund portcos variant.fund/portfolio or cryptocurrencyjobs.co
For those not looking for a full-time role, resources like @rabbithole_gg, @layer3xyz, and @dao_exchange aggregate earnings opportunities across DAOs.

There are also groups like @MetricsDAO, @ScribeDAO, or @Pub_DAO that offer users opportunities to do work & earn tokens.
Fin. You’re in web3!
Some other tips throughout this process:

Reach out to non-technical web3 folks in the space to learn about their journeys. Most people in the industry are extremely welcoming to newcomers and keep their DMs open.

Find ways to give value to them and proactively offer to help.
What non-technical skills are in-demand in web3?

- Community building: Manage socials, foster engagement, make connections
- Content: Write explainers, tutorials, documentation; refine narrative
- Governance: Create proposals, engage on governance forums
More in-demand web3 skills:

- Data analysis: create on-chain analytics dashboards
- Tokenomics: design tokenomics based on the specific nature of the project
- Project management: take notes, summarize community calls, be “a glue person” (h/t @0xJim)

Web3 projects are also hungry for all of the traditional non-technical startup roles:

Product management, design, BD, finance, recruiters, etc.

Excel at any of these skills and you're extremely hireable!
Transitioning to web3 may seem like a herculean effort at first—it's like a parallel universe, and it's hard to know how one's past experiences translate.

But don’t worry—there is a spot for you here!

Fill out our talent form to get connected to portcos: variant.fund/contact/talent
This advice was synthesized from convos with these amazing people—follow them!

@natimuril, @gilbertginsberg, @JulzRoze, @austinvirts, @sourcex44, @gham1lt0n, @medhakothari, @jessewldn, @stefdelev, @Cooopahtroopa, @patrickxrivera
Other helpful resources:

@natimuril's beautiful guide & progress tracker for non-technical people going full-time in crypto
koopxyz.notion.site/going-full-tim…

@she_256's beginners guide to crypto she256.org/guide/
What other advice/resources should be added here?

Please comment below or share your own stories!

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Li Jin

Li Jin Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ljin18

31 Dec 21
"Web3 introduces capitalism to the internet after the dictatorial communism of web2" is a take I've seen multiple times—but it's wrong.
The web2 internet is akin to monopsony capitalism: few buyers control the market and dictate terms of engagement, thus eroding participant power.

Web3 is an attempt to re-establish capitalism with perfect competition: firms can freely enter the market and no one dictates prices.
"The web2 internet doesn't have digital property rights and therefore is communism" is a bad take.

A few platforms control distribution and data, and have outsized market power over creators & users. This is a classic labor market failure.

Read 5 tweets
28 Dec 21
Attention is not one-dimensional.

Two projects can have the same “amount” of attention in terms of time spent, but command vastly different valuations due to the *quality* of users' attention.
Like @cobie's post said, attention is the scarcest resource.

That's true not only in crypto, but in the world -- our time on earth is finite, we can mass-produce goods, but no more attention can be produced.

Money & transactions flow from attention, not vice versa.

Attention varies in quality, from low- to high-quality attention, and that dictates monetization potential.
Read 11 tweets
23 Dec 21
Web2 and web3 are going to co-exist for a long time. New business models & technologies does not mean the complete supplanting of what already exists.

Instead, there are now new tools in the toolset for builders & creators, which means more choice and possibilities.
...and for users, web3 brings the opportunity to participate in the ownership & wealth creation of a new generation of products that distribute value via tokens.
To completely dismiss either web2 or web3 is a mistake.

CT runs on Twitter—it's good at its "job to be done," which is disseminating information broadly.

Millions of creators *are* monetizing through advertising and subscriptions and other web2 models.
Read 5 tweets
20 Dec 21
Dropping the last essay of 2021 💥

The Web3 Renaissance

This is the story of how the web2 internet broke the business model of media, and how web3 holds promise to tilt the scales in favor of creators.
every.mirror.xyz/y_WLA-Tk3VF5uP…
Written in collaboration with @kplikethebird and @every, this essay is available as a collectible NFT on Mirror!

Strong "The medium is the message" moment
every.mirror.xyz/y_WLA-Tk3VF5uP…
25 years ago, Bill Gates wrote an essay, "Content is King," that predicted a flourishing of user-generated content on the internet, but challenges in monetizing it.

His prediction has been spot on in both regards.
Read 25 tweets
15 Dec 21
Music monetization on the internet is unquestionably broken. With a payout of $0.003 per song stream, a musician needs 6 million plays annually to earn $18,000.

I'm so excited to support @soundxyz_ in their quest to let 1M artists live off their music, leveraging NFTs & web3.
Web2 monetizes attention: each play of a video/song contributes the same revenue, regardless of how intensely a fan loves the creator's work.

Web3 monetizes passion: digital scarcity via tokens enables creators to capture fans' full willingness to pay.

This ability to decouple audience size from monetization is one of the most powerful effects of web3 for creators.

Creative industries, by definition, are those in which artists incite love from fans; to-date, there has just been no ways to capitalize on that on the internet.
Read 8 tweets
12 Dec 21
Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens.

Let’s explore “token network effects” ⬇️
There are roughly two stages in building a new network:

1 - Bootstrapping & attracting new users (the cold start)
2 - Retaining users & maintaining network effects

Tokens are helpful for both stages, but for the purposes of this thread I’ll be focusing on (2).
Defensibility in web2 comes from proprietary data network effects. Each application is a walled garden, and a bigger user base translates into more utility vs. competitors.

The social network with most data, content, users, etc. is more valuable.
Read 24 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(