Finding a good job in the growing cryptocurrency sector may be very easy if you have the proper skills. As the crypto job shortage remains, while investment banks such as J.P. Morgan and leading firms outside of the financial sector seek out prominent talent, job seekers are the rulers right now.
Neil Dundon, the founder of Crypto Recruit, which provides job placement services for the crypto industry, said one part of the market is looking especially opportunistic from where he sits.
Dundon told Yahoo Finance Live, there’s a huge amount of incoming requests for solidity developers. According to the Blockchain Council, a solidity developer uses the object-oriented solidity coding language to build and unleash smart contracts on Ethereum-centric applications.
“We have not recruited anything less than $100,000. But typically, even a year ago you might find some of these solidity developers would have been looking for $100,000. Right now, they are probably looking for $180,000 to $200,000,” said Dundon, who now is busier as ever. “If you want to make some money as a developer, learn how to code. We are talking anything from $150,000 to $250,000 for one of those developers at the moment.”
The intensity of hiring in the crypto sector allays fears that the crypto winter remains much longer, as Bitcoin and other top cryptos have dropped about 50% since the record peak of more than $63,000 in April.
By Dundon’s words, he isn’t surprised that the appetite to hire in the crypto sector has remained strong.
“The market was quite different [in 2017]. There were a lot of opportunists there, and I think it’s well-documented a lot of scams. There are still scams at the moment, but I think the building blocks and the fundamentals of crypto are a lot different now than they were three years ago,” the crypto recruiter said. “These are just software projects. It’s just another element of the economy. And it’s going to be interesting to see how it plays out. But it’s just another sector of the economy, and it’s performing well.”