By Solidity Jobs
The Cryptocurrency job market is booming currently and there are more opportunities every day for crypto developers to get involved in the future of web3. We’ve compiled a short list of jobs which cryptocurrency developers could potentially do as their day job or as a side hustle.
1. NFT Smart Contract Developer
It’s no secret that the NFT market has exploded in the last year or two, with celebrities and influencers jumping on the bandwagon in droves the NFT market has experienced tremendous growth. New NFT collections are coming out pretty much every single weekend at this point, NFT investors are growing tired of poorly written smart contracts with easy to fix exploits that cause jumps in gas fees and other issues which prevent them from minting.
If you’re a competent Solidity developer looking to get into the market, working on an NFT collection can be a great start. Often times NFT collections offer a small percentage of the proceeds to developers. With most collections being around 10,000 in size with a mint price of 0.2-0.5 ETH, even a few percent share could net you a very healthy payday.
2. DEX (Decentralised Exchange) Developer
DEX’s are one of the oldest types of Web3 apps and are an integral part of the crypto ecosystem. Exchanges are necessary to allow users to swap their crypto tokens for other types of tokens freely in a decentralized manner.
DEX’s are a well-suited project to web developers with experience in full stack web applications, as most of their codebase revolves around Web 2.0 technologies such as React JS and Express. Of course, some Solidity is needed when writing the DEX’s smart contracts, but the bulk of the work will be creating a standard digital asset exchange. This could be an easy way for an experienced web developer to branch into the crypto space.
3. DeFi Tokens & DAO’s
Decentralised Finance is one aspect of crypto which is constantly evolving and changing. More recently DAO’s have been the big thing in DeFi, due to their estimated APY in the thousands of percent. Whilst these return rates created a great deal of hype, it eventually became clear that the underlying tokens were unfortunately highly volatile and some of the failsafe protocols which were designed to maintain a somewhat stable price did not work as intended.
Despite this DAO’s still have a cult like following in crypto, and new teams are popping up every day to create a stable DAO with predictable APY that solves many of the existing problems in this corner of the market.
If you’d like to help make a meaningful impact in the future protocols which will govern Web3 and DeFi, then working on a DAO could be an excellent place to begin!
4. Crypto Metaverse
Everyone heard of Mark Zuckerberg’s announcement that he was changing Facebook’s name to “Meta”, and focusing on the “Metaverse”. The Metaverse is a vast digital, decentralised landscape in which users can truthfully and provably own portions of the digital world via the blockchain.
There has recently been huge growth in the crypto gaming/metaverse projects as a result of this announcement, with significant cross over into the NFT part of the market.
Project founders are searching for experienced game developers, Unity developers, Unreal Engine developers, 3D artists and more to create AAA quality projects on the blockchain. There is a great deal of openings for this type of project currently, and especially if you have any existing game development experience, you should find it relatively easy to find some openings for projects in this space.
5. New Tokens
Of course the foundation of the crypto space thus far has been with decentralised tokens. First with Bitcoin, then forks of BTC along with popular competitors such as Ethereum, followed by a great number of “Alt-Coins”.
The alt-coin market is currently hotter than it has ever been before, with almost every project and NFT collection releasing their own token for users. Anyone with a speciality in token creation and distribution will find it relatively easy to get work in crypto.