If you’ve got the right skills, finding a job in the burgeoning cryptocurrency field can be as easy as ordering a Big Mac McDonald’s from a drive-thru.
But that doesn’t mean you have to jump on every opportunity. As the shortage of crypto jobs continues as investment banks like JP Morgan and others outside of financial services seek out key talent, job seekers are currently in the driver’s seat.
Neil Dundon, founder of Rookie crypto (which provides investment services for the crypto industry, as the name suggests), said part of the market seems particularly opportunistic where Dundon is located.
There is a huge amount of incoming requests for solidity developers, Dundon told Yahoo Finance Live. A solidity developer uses the object-oriented solidity coding language to create and release smart contracts on Ethereum-centric applications, according to the Blockchain Council.
âWe didn’t recruit less than $ 100,000. But generally a year ago some of these solid developers might have been looking for $ 100,000. Right now they’re probably looking for between $ 180,000 and $ 200,000, âsaid Dundon, who has never been so busy. âIf you want to make money as a developer, learn to code. We’re talking about $ 150,000 to $ 250,000 for one of these developers right now.â
The strength of crypto hiring works against concerns that the crypto winter will continue for the foreseeable future. Records of over $ 63,000 in mid-April, bitcoin lost around 50% (including a trip below the $ 30,000 level a week ago). The massive sales spilled over to other top cryptos such as dogecoin and ethereum.
Dundon said, however, that he was not surprised that the appetite for crypto hiring remained strong.
“The market was quite different [in 2017]. There were a lot of opportunists there, and I think a lot of scams are well documented. There are still scams right now, but I think the building blocks and fundamentals of crypto are very different today than they were three years ago, âDundon said. âThese are just software projects. It’s just another part of the economy. And it’s going to be interesting to see how it goes. But that’s just another part of the economy, and it’s working well. “
What’s new at Sozzi:
Watch Yahoo Finance’s live programming on Verizon FIOS channel 604, Apple tv, Amazon Fire TV, Roku, Samsung TV, Pluto TV and Youtube. Catch Yahoo Finance Online at Twitter, Facebook, Instagram, Flipboard, SmartNews, and LinkedIn.