The Right Strategy to Begin Career in Web3

The Right Strategy to Begin Career in Web3

Today, web3 is the buzzword in the technology sector, and touted as the next generation of the internet. The growing interest and investments in blockchain projects are creating a vast range of jobs in web3 sector.

However, most of the newcomers are unaware of the right route to tap into the career opportunities offered in this industry. In this article, you will be acquainted with the strategies and tips to start a career in the web3 arena.

Why Consider a Career in Web3?

In the presence of the established technical fields, it is obvious to wonder why you would opt for a career in a relatively new sector. The ever-increasing demand for web3 professionals can be attributed to the following factors:

The Right Strategy to Begin Career in Web3

Rising Adoption and Investments

Following the footsteps of top brands like Nike, Amazon, Google, Starbucks, Microsoft Gucci, etc, several organizations and startups have ventured into web3. With a CAGR of 44.9% from 2023 to 2030, the global web3 market is expected to reach a valuation of $5.5 billion by 2030.

Remunerative Packages

As per a LinkedIn report, the entry-level salaries for various web3 jobs are substantially greater than those of conventional technical roles. From 2020 onwards, blockchain expertise has been counted as the top-rated skill, higher in demand than even ML and AI. According to Glassdoor, the average annual income of a blockchain developer in the US stands at $101,705 by October 2023.

Diversity of Job Roles

Web3 industry offers a wide variety of roles, that include both technical and non-technical profiles. Apart from the typical job positions, web3 requires blockchain developers/ engineers, NFT creators/ curators, Metaverse architects/ builders, DAO stewards, etc.

Future Potential

At present, web3 is still in the initial phase of adoption. Nevertheless, it has already proven significant for its transformative impact on several sectors like finance, gaming, art, metaverse, etc. As more sectors open up to web3 adaption and proper regulations are put into effect, it will facilitate better ways of supply chain management, identity management, data ownership, governance, etc.

Tips to Begin a Career in Web3

Web3 sector enterprises often look for experienced individuals, that have a good grasp of the fundamental concepts and applications of blockchain technology. In this scenario, it can be challenging for freshers to land a job in web3 field. So, here, we have jotted down the tried-and-tested expert tips to ease your entry into web3 and related spheres:

Determine the Requisite Skills

To get into any industry, you must be aware of the set of skills necessary to qualify for the desired roles. For instance, the technical specialists in the web3 sector must be well-versed in the development of smart contracts and associated know-how. Similarly, a web3 community manager must stay up-to-date with the industry’s latest developments and the interests of the users.

Learn about Blockchain and Web3 Technology

Before seeking a career in blockchain domain, it is critical to have a solid understanding of the basic concepts of blockchain technology and principles of web3. Nowadays, there are a plethora of resources available on these subjects, including blogs, online videos, etc. However, it is important to rely upon authentic resources or opt for certified courses like the ones offered by ASB (Antier School of Blocktech).

Participate in Open-source Web3 Projects

Owing to its openness and community-driven approach, open-source platforms form the fundamental basis of web3 development. Contributing to such projects will not only help you practice your knowledge but also cement your credibility to progress professionally in the future. You can find web3 projects on websites like Ethereum Foundation, ConsenSys, GitHub, PolkaWorld, etc.

Connect with other Web3 Learners and Experts

Since web3 is an ever-evolving domain, you need to keep track of its latest advancements by being a part of collaborative learning environments on platforms like Discord, Telegram, Reddit, and other online forums. Further, you can attend online and offline web3 events and conferences to gain insights into emerging and future trends. Here, you will also get opportunities to network with peers, professionals, experts, and industry leaders.

Finally, you may want to build a professional portfolio that showcases your role in the decentralized web3 ecosystem and forges your path to a thriving career in blockchain realm.

Closing Remarks

By now, we recognize that the web3 ecosystem relies on a skill set that extends beyond technical expertise. For prospective professionals to find employment in the web3 sector, they must be actively involved in the related communities and acquire practical experience by working on real-world projects. Yet, at the same time, it is undeniable that web3, being a comparatively unexplored frontier with enormous potential, will prove a worthy career option for the starters.

As John Markoff remarks, “Web 3.0 will be the age of the truly intelligent web, where machines and humans will work together in a symbiotic relationship.”