If you're thinking about getting a job in Crypto or Web3, read this:
Today we'll cover:
• Why you should get a job in crypto
• Creating your own 'Proof-of-work' (portfolio)
• Types of crypto jobs available •
Mindset and finding success
Today, we won't talk about becoming a buildorrr or consultorrr, we can save that for another day.
Why should you work in crypto?
• You'll learn a ton
• You'll work in a fast paced, likely remote environment
• Super-competitive compensation
• Massive upside, little downside
Crypto companies frequently have higher revenue/market cap per employee than other industries
Average salaries are way higher in crypto than in the traditional finance/corporate world. But the downsides include:
• Fast-paced environment
• Competitive workplaces
• Stressful, 24/7 industry
• Volatile industry based on market cycles
• Competing with 13 y/o MEV experts
There's a wide variety of business structures in Crypto/Web3
• Traditional structures (Coinbase, Consensys, Trail of Bits)
• On-chain companies (Uniswap, dYdX)
• DAOs (New Order DAO, Maker DAO)
Trad businesses that are mostly off-chain are typically more friendly to newer crypto/Web3 workers.
Most jobs you'd find in corporate America/Big Tech want a resume, a college degree, and some references.
Crypto is a meritocracy. People don't care about your age, nationality, politics.
All you'll need is a 'portfolio' to prove your abilities.
That portfolio might be:
• An email newsletter
• Coding a small project or tool
• Creation of a Dune Analytics dashboard
• Launching an NFT project
• A Twitter/Medium/LinkedIn presence
• Getting experience with a DAO
You MUST be proactive about seeking opportunities
There are lots of ideas, get creative. Use the following framework:
• What role are you interested in?
• What are you curious about?
Then create a project around those things to showcase:
• Initiative
• Problem solving
• Curiosity
• Ability
First, let's understand the context for renewed ecosystem interest:
• Potential ETF approval
• $BTC leads bull markets: As the market turns, $BTC pumps first
• Ordinals/inscriptions have created the first fundamental tech catalyst for $BTC in years
• Maturing infrastructure
And now, as Polygon experiences max hype, let's take a look at SATIN, the latest version of Solidly:
Why should you be paying attention?
Solidly forks have been some of the biggest winners since the June bottom, with 22 forks in just ~1 year. All together, they hold about $664 million in TVL.
With over $30m on average/fork, it's the project with the most average TVL/fork.
And if you don't know what Solidly is, you should check out our article on Satin below.
It explains Satin, but also Solidly forks in general.