Crypto jobs: According to recruitment experts, here are the most in-demand jobs in the crypto space.
Neil Dundon is the founder of Crypto Recruit. He started the world’s first specialist recruiting agency for crypto in 2017. He says, “Before crypto was even a thing, in the middle of the last bull run, nobody was thinking about recruitment! But we wanted to get ahead of the curve in terms of providing talent for this space, because we knew it was going to be big. We do all the heavy lifting of trying to find talent in the tightest talent squeeze of our time. The skills required to fill positions are very rare. It is an unusual situation where demand is far outweighing supply. Put it this way, developers are becoming the new Wall Street.”
The top five hottest crypto jobs
Hottest job 1 – Developer
Skills: Smart contracts engineers and blockchain engineers with Solidity and Solana experience.
Salary to expect: Up to $250k + Tokens/Equity
Hottest job 2 – Marketing
Skills: Business to consumer marketing, preferably with crypto experience and an understanding of this audience.
Salary to expect: Up to $250k + Tokens/Equity
Hottest job 3 – Community Manager
Skills: Experience setting up Discord servers
Salary to expect: $70k to $120k depending on experience
Hottest job 4 – CTO
Skills: Blockchain experience. Have managed a growth business before
Salary to expect: $200k to $400k + Tokens/Equity
Hottest job 5 – Product Manager
Skills: Experience managing B to C technical products
Salary to expect: $120k to $250k + Tokens/Equity
Crypto jobs outlook
Dundon says that demand changes quickly depending on where the Crypto market is at in its growth cycle. But, over the past year and a half, the crypto job market has accelerated. “The industry is hiring even more than the tech sector at the moment. The hiring runs across all disciplines in the crypto space. Recruiting jobs in this space is an extension of the normal market. Except, there’s a premium on top of because of demand, which is spread across the positions of developers, marketers, product managers, and operations.
“We are doing a lot of work in blockchain gaming as well. There’s a lot of money flowing in into that space. DeFi is still hiring – there are new products coming up all the time, across all the different chains. It is very buoyant at the moment. I’m currently working with one of the biggest crypto companies in the world that are planning on hiring 800 new people before next July.”
The recruitment company conducted a survey recently, asking people who’ve moved over to crypto from the traditional world what they thought about it. Says Dundon, “Zero people go back once they enter this space. There’s so much happening, it’s very mentally stimulating.”
Crypto jobs: Developers are king
Developers are hot commodities right now, according to Dundon. “These platforms are nothing without developers. It’s software and algorithms that control decision-making in crypto. That’s attractive, especially to the younger generation. In the crypto space, all the power around decision-making is being taken from the traditional powers that be, and it is being put into code. The developers are calling the shots and they’re the ones that are commanding the highest percentage increase in salary.”
Some coders trying to move from the traditional space into the crypto space often take on side projects after hours, to build up their skills. This doesn’t always have the desired outcome. Says Dundon, “They add that to their resume, and say, ‘hey I have done this!’ But what the companies really want are coders who have built actual commercial Ethereum smart contracts. There’s a big danger that if they do it wrong, the contracts can get hacked. You hear about this in the news all the time.”
Everyone is going through a huge education phase. “There are a lot of Wall Street types who want to come into the crypto space – from Goldman Sachs, JP Morgan’s. Every second profile is someone from traditional finance wanting to come into this space. Most of them don’t have crypto knowledge. They might have bought a Bitcoin a few years ago. So they think they know crypto!”
Where Demand is Coming From
Crypto Recruit used to do most of their work in San Francisco, New York, Dallas, and Miami. But there’s more work in Asia now – Hong Kong, Singapore. “We work in the UK, Spain, France, and of course, London. The demand tracks the traditional finance centers across the world.”
Crypto Recruit is based in Sydney, Australia. “There’s not a huge amount happening in terms of projects in the crypto space in Australia, although some of the most successful projects have come out of Australia, Synthetix Protocol is one, Illuvium a big blockchain game is another. Globally, there are thousands of projects now. And, there’s a lot of marketing happening because a lot of money is coming into the industry. Marketers and community managers with softer skills are needed to promote new platforms. The companies that reach out to us typically want the best of the best. They are not looking for graduates. They want people with experience.”