Despite the negative sentiments of the market for the industry, leading crypto companies like Coinbase, Gemini,Cryptocurrencies, and others, job search portals like LinkedIn and Indeed report a surge in demand for Web 3 professionals.
Career prospects in the field of cryptocurrencies,Blockchain, and NFTs have surged by a whooping 804 per cent, according to the report from April 2020 to April 2022, according to the report from April 2020 to April 2022.
The employment website Indeed shows a rise in market demand for professionals working in Web 3. Application developers, data engineers and full-stack developers are in high demand among cripto-currency businesses, according to a report by Indeed. According to the report, it should be noted that the most sought-after position in the industry is the application developer. The proportion of cripto-related positions appears to be among the largest in 2019 -- 2020, up from 41.22 per cent of all technological job hiring in 2019 -- 2020 to 67.48 per cent in 2021 -- 2020.
According to a recent LinkedIn report, the number of job postings with titles such as bitcoin, ethereum,blockchain andcryptocurrencies increased 395 per cent between 2020 and 2021, more than the overall tech industry, which saw a 98 per cent increase in listings during the same period.
LinkedIn news reported that the platform's most sought-after job titles were held by the platform's most sought-after developers and engineers. Due to the recent crash in the criptocurrency industry, a majority of layoffs took place in the month of May and June of this year.
Sashi Kumar, Head of Sales for Indeed India, said in a statement that Indian firms are investing in technologies that will put the country at the forefront of this new digital era, being a technology-first economy. He said thatBlockchain promises to be an exciting new field of work and offers tremendous scope for application, the sector is still very nascent.