It is no secret that the crypto world is booming. A recent report from AngelList, the online job postings in cryptocurrency related fields have increased exponentially as companies seek new talents to help fill needs of the growing marketplace.
The report indicates that in the first half of 2017, more money was invested in cryptocurrency startups than all of 2016 combined. The increasing number of startups has also coincided with an increasing number of job postings within the AngelList platform. The report said:
“As cryptocurrency companies are growing, raising larger amounts of money at higher valuations, so are their hiring needs for finding top talent. The number of job listings on AngelList by cryptocurrency companies have nearly doubled in the last six months.”
The report also suggests that there are reasons to join the cryptocurrency hiring boom. First, within AngelList, nontechnical and technical cryptocurrency jobs pay, on average, 10 to 20 percent more than the industry norm. Further, they offer better benefits.
Second, cryptocurrency companies have far more flexible remote working perks. In fact, within cryptocurrency companies, employees are 22 percent more likely to have remote working freedom.
Third, cryptocurrency companies, and especially ICOs, offer far superior liquidity options. Typical equity positions require a liquidity event in order to be sold and have complex restrictions. ICOs generally offer employees coins as part equity positions. While those coins may still have some restrictions, they are far more liquid that options.
Technical and not
The site reportedly has 2,500+ technical role positions and 1,000+ non-technical positions available. Additionally, rather than looking for those with substantial technical awareness, the companies are looking for employees who are willing to learn. The report indicates:
“Usually, deep knowledge of the Blockchain is not a requirement. Companies are looking for a willingness to learn, ability to contribute right off the bat, and genuine interest in the market.”
The report, as a whole, indicates that the cryptocurrency market is growing rapidly, and will continue to grow as the market continues to embrace the revolutionary new technology.