Web3 Driving a surge in the crypto and blockchain job market

As Web3 becomes more mainstream, the demand for positions at cryptocurrency and blockchain companies has increased significantly. The cryptocurrency job market is showing signs of recovery, with a recent crypto product marketing manager job posting on LinkedIn receiving over 500 applicants in just five days. Additionally, the job search site Crypto Jobs List recorded approximately 600 new cryptocurrency and blockchain job openings for July 2024.1 The cryptocurrency job market is experiencing a resurgence.

Industry experts attribute the hiring boom to the influx of venture capital into the crypto space, with cryptocurrency-focused venture capital firms investing $2.01 billion in the first three months of 2024, surpassing the $1.9 billion total invested in all of 2023, according to PitchBook. As crypto companies strive to meet growth goals and bring products to market, the need for new hires has been directly fueled.