Career options in crypto and blockchain space in 2020

Rob Panoe, the founder of Proof Talent, recently made a public analysis on career options in crypto and blockchain space, opportunities, and the state of hiring in the crypto and blockchain space.

The analysis featured career options in the crypto space, and the prospect employers should hire, available opportunities in the industry, and other relevant details.

Devin Banerjee, a Linkedin analyst, also plotted a graph on the hiring of blockchain developers against the average monthly price of Bitcoin BTC. It is believed that interest in careers related to cryptocurrency is directly correlated to the price of Bitcoin and the crypto markets.

Linkedin’s emerging job report in 2018 had it that blockchain developers were the emerging career path with 33x year on year growth.

However, in 2019, Linkedin’s report, blockchain developer position, was not featured in the emerging job report.

This translates to the fact that people do not only want to invest their assets in Bitcoin and crypto but also invest their career in the booming industry.

Engineering, among top career options in crypto and blockchain

As the crypto world continues to soar while being in the building stage, it is reported that over 60% of the available opportunities are engineering related.

Another 35% is split between Operations, Marketing, Business Development, Legal, and Design.

This is because many blockchain or crypto companies are building software or tech which are yet to hit product-market fit and are building products.

However, with continued development and advancement in these companies, the cycle begins to change as a more diversified set of opportunities outside of engineering begins to set in.

Geographical concentration of crypto players

One thing that has not been decentralized is the distribution of talent and job opportunities within the United States.

Most opportunities in the blockchain space in the U.S remains in San Francisco and New York City.

Owing to the fact that crypto is a unique blend of technology and finance, it is understandable that New York City, and the capital of the tech world, Silicon Valley/San Francisco, lead the way.

With these conditions, it is believed that several players are going to migrate to a different part of the U.S to contribute their own quota to the crypto space.

Featured image from Pixabay