Crypto Hiring: The Rollercoaster Ride You Didn’t Sign Up For! 🎢

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So, here we are, folks. Web3 hiring in Q4 just skyrocketed by 80% year-over-year. I mean, who knew? But wait, it dipped 13% from the last quarter. It’s like a bad relationship—up one minute, down the next. U.S. elections? Yeah, they’re just hanging around like that friend who never leaves the party. 🎉

In Q4 2024, crypto companies added 788 jobs. That’s up from 436 in Q4 2023. But let’s not get too excited; it slowed down from Q3’s 902 roles. It’s like they’re playing hard to get. A little boost in November, but don’t hold your breath for the first half of 2025. Zackary Skelly from Dragonfly Capital says it’s all about the “standard seasonal dip.” Sounds like a fancy way to say, “We’re just not that into you.” 😏

1/ Q4 Crypto Job Trends & What’s Ahead in 2025

Digging into our portfolio data again (and releasing insights every half). Some interesting shifts in both talent and hiring these past few months… 👇

— Zackary Skelly (@zorkary) February 25, 2025

Now, Web2 engineers are still trying to jump into the Web3 pool, but most of them are like those guys who can’t swim. “Harder to convert,” Skelly says. Yeah, right. They’re just testing the waters, but they’re still scared of the deep end. Top talent? They’re still wary of early-stage companies. It’s like they’re looking for stability in a world that’s anything but stable. 🏊‍♂️

“Web2 engineers keep testing web3 waters, but most have been harder to convert. Top IC [individual contributor] talent is still wary of early-stage, and lots of non-tech folks are on the market after pivots/layoffs, prioritizing stability.”

Zackary Skelly

Most roles grew year-over-year, but hiring slowed across the board in Q4—except for technical program management roles. Legal, compliance, and recruiting? They’re surging like they just found a new diet plan. Firms are preparing for regulation and growth, whatever that means. Skelly suggests keeping passive candidates engaged. You know, like trying to keep your ex interested. And let’s not forget about those token-based offers. “Policy shifts may hit fast,” he warns. Sounds like a fun game of dodgeball. 🎯

As for key areas to watch? Skelly points to the intersection of artificial intelligence and crypto, alternative layer-1 networks, and U.S. policy developments. Because who doesn’t love a good intersection? It’s like a traffic jam of ideas. 🚦

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2025-02-26 14:44