Welcome to the first Future of W3rk Podcast of 2024! Exploring the 2024 Web3 Job Outlook with Kevin Gibson!
Are you back at werk and feeling like a lazy teen who doesn’t want to do their holiday homework? Well, we're excited with better things to come for Web3 werkers in 2024 with our recent podcast episode featuring an insightful conversation with Kevin Gibson, Founder of proofofsearch.io. Whether you're searching for a new role or happily nestled in your current job, this episode is just the right amount of sweet and salty to kick off the New Year.
In this episode, Kevin shared his expert insights on the 2024 Web3 job outlook and what we can expect from the industry after a challenging year in 2023.
The Job Market Recovery in 2024
After a rough 2023 marked by a dramatic fall in funding due to macro factors, lack of interest in the sector, AI soaking up capital and attention, and an unfortunate string of crypto scandals, the job market is poised for recovery in 2024, Kevin informs us. While the previous bull market saw "unicorns" as the symbol of success, the new mantle of respect became "cockroach," which described a company surviving and thriving with no funding.
The Real Winners of the Bear Cycle
In 2023, many highly qualified candidates found themselves out of work due to lack of company runway, and had to take part-time roles or accept significant pay cuts to stay in Web3. Others were forced to return to Tradfi (traditional finance) or Web2, with the vast majority eager to re-join the sector when the market returns. The real winners in 2024 will be the people who managed to retain their roles throughout the bear market as they will be considered highly valuable and sought after by companies looking to hire experienced senior management in 2024 and can expect material increases in salary packages says Kevin.
Getting a Job in Web3: Research, Due Diligence, and Professional Recruiters
When seeking opportunities in the Web3 space, it's crucial to do thorough research and due diligence. Kevin emphasized the importance of understanding the company's mission, vision, and long-term goals before jumping on board. Additionally, having a professional recruiter place you in a Web3 job can be beneficial. Experts like Kevin have the experience and connections needed to guide you through the complexities of the industry, ultimately increasing your chances of finding the perfect fit.
Most Sought-After Jobs in the Next Bull Cycle
Kevin shared insights into the types of jobs that will be in high demand during the next bull cycle. As Web3 projects rely heavily on community engagement and have a direct relationship with their user base, roles such as Community and Growth Managers are expected to see significant growth. These roles bridge marketing, product development, sales, project management, PR and strategy, creating a cohesive experience for users and driving the project's success.
Resources for Further Exploration
Ready to dive headfirst into finding your dream Web3 job? Check out these fantastic resources to help you on your quest!
Listen to the Full Interview
For a deeper understanding of the Web3 job market, make sure to listen to the full interview with Kevin Gibson on our podcast episode. Share this blog post with anyone interested in the future of work!
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Cheers, and see you next time!
Akasha
Exploring the 2024 Web3 Job Outlook with Kevin Gibson