Web3 has become a potential career choice for 60% of the surveyed professionals, according to report

What are the different types of jobs available in the market for professionals pursuing Web3 as a career?

Developer of Blockchain Software

In the same way that a web developer builds web apps using protocols defined by web architects and Blockchain Core Developers, a Blockchain dApp Developer does the same. Essentially, they use existing tools to construct dApps on top of Blockchain infrastructure.

Developer of Solidity

Because of web3’s technological nature, most of these roles may already exist in tech but will be adapted to web3. A solid developer is an example.

Blockchain Developer

As a blockchain engineer, you will most likely be working on Ethereum or Bitcoin, two of the world’s most popular blockchain platforms. They design and develop apps using blockchain technology, review them, and use that technology to create systems or applications that benefit their employer as part of their job.

Marketing Manager

In addition to tech-oriented professions, Web3 will offer traditional, non-technical positions. One such aspect is marketing. This zone has a wide range of employment available, from junior to senior and chief executives. If you are interested in marketing, it is worthwhile to investigate this field and put your skills to use.

Manager of the Community

It performs precisely what it says, but only within a very narrow range. A person in this capacity will not only be responsible for managing the company’s interactions with its communities, but also for managing them on platforms such as Discord and Telegram. You will be in charge of developing buzz for your Web 3.0 company in these areas.

What are the various prospects for growth in the Web3 space in India?

The most recent technological breakthrough Web 3.0 digitally transforms the online environment. It can turn traditional business into digital one. This will help businesses find their target audience and clients online by giving a new user experience. People may easily and rapidly search for what they want on the internet. This will immediately improve their browsing experience. It will also help firms understand their customer’s online behaviour and patterns.

Many Indian tech businesses are embracing Web 3.0 to help the country’s digital economy. Startups like StatWig, Filmrare, CommitPool, and others come to mind. Web 3.0 companies include Polygon, Biconomy, and others. These technological companies and startups are working on a variety of Web 3.0 development projects. In addition, the global expansion of Blockchain development and cryptocurrency usage is an increasing need for IT developers. This breakthrough will have an impact on employment in the country and will contribute to the country’s digital transformation. This transition began in earnest in 2020 and will continue to accelerate.

Furthermore, the deployment of web 3.0 will significantly reduce the role of middlemen. It will increase data connectivity dramatically. Furthermore, advertising and promotion of products and services will be more transparent and customer-focused. They can use AI-based better systems and programmes in this industry. As a result, the Web 3.0 market will grow.

What sectors will Web3 be more prominent in India?

According to new research from the US India Strategic Partnership Forum (USISPF) and digital currency exchange CrossTower, Web 3.0, the next iteration of the Internet that will be built on concepts of decentralisation, openness, and greater user utility, can help India contribute an additional $1.1 trillion of economic growth to its GDP over the next 11 years.

According to the paper, digital assets including Bitcoin, Ether, Solana, Algorand, stablecoins, and other blockchains will power the future financial ecosystem and Web 3.0. The Internet’s initial evolution was driven by consumers devouring information. With the emergence of social media, people became contributors in the second phase, which is still happening.

People’s data is owned by huge corporations such as Facebook, Google, and Amazon in Web 2.0. In Web 3.0, data is expected to be owned by customers and stored on blockchain networks rather than centralised organisations.

Web 3.0 is changing the world in such a way that instead of data residing in these centralised databases, it will reside on blockchain technology, which is not controlled by a single organisation. And with that, one gets to choose which advertiser they want to send the data to, and if the advertiser is paying Facebook, then they should receive a portion of that.

What are the most desired fields for Web3 Careers?

Some of the possible roles to define in the Web 3.0 area are-

• Web 3.0 Developer
• Blockchain Developer
• Software Engineer
• Smart Contract Developer
• Blockchain Consultant
• Community Manager
• Product Manager
• Quality & Research Analyst
• UX Designers
• Marketing Managers
• Developer skills
• JavaScript
• Marketing
• Blockchain
• Finance
• Sales
• Analyst skills
• Operations skills
• Front-end development
• Security Developer

How has the industry recognized the growing benefits of working in Web3 Careers?

To be sure, web3 has its fair share of tribalism, each blockchain ecosystem has its own set of maxis: Bitcoin despises Ethereum, who despises Solana, who despises all of the above, who despises…you get the picture.

However, when it comes down to it, web3 prefers collaboration above the competition (mostly). This is especially true for DeFi, as protocols are constantly built on top of one another and collaborate rather than compete. However, this is also true when it comes to organising grassroots support, like when purchasing the United States Constitution.

If you operate in web3, you are a member of the large “crypto family.” Except for the ignorant normies who don’t even say gm, everyone will make it. The companies are the key draw. With web3, though, code is (mostly) law, and protocols are designed for talent rather than resumes or networks. Of course, not everything is the same, and where you work is important. Talent Protocol, on the other hand, is building a more talent-focused strategy in which contributors and builders are officially appreciated as much as they are tacitly valued.

Even today, good web3 protocols and ecosystems are often successful owing to their ecosystem’s talent rather than better technology (which may be duplicated anyway). Consider how much developer skill Ethereum employs versus Cardano (sorry, ADA, it’s just business).

What are the various challenges that professionals face whether they are men or women?

Bullies in the workplace

They are stressful and generate worry. And they frequently target those they perceive to be a threat. Don’t let them make you feel isolated or horrible about yourself. Take a stand for yourself. Never lower yourself to their level. Discuss the issue with a supervisor to determine the best course of action. If they are harassing you, notify your supervisor.

Backstabbers and saboteurs

They sow discord by disseminating falsehoods or withholding vital information from those they consider competitors. This can have an impact on your job aspirations and reputation. Confront them about their behaviour calmly. Do not participate in their game. When you have an excellent suggestion or help on a project, notify your supervisor so that you receive the recognition you deserve. Check in with your boss frequently about your job performance if someone is attempting to make you look bad.

Dealing with Harassment or Discrimination

Harassment and discrimination are both illegal and can take numerous forms. You do not have to put up with it. Request that the person stop and prevent placing yourself in risk. Notify your supervisor and human resources if you feel unsafe or in need of assistance. Keep a comprehensive record of what the other person does. These complaints can also be addressed through the Equal Employment Opportunity Commission. You may need legal representation in some cases.

Troublemakers and snitches

They can be extremely distracting and lead to mistakes on the job. Be courteous, yet appear busy, and people will believe you have more important things to do.

What are the various benefits of working in Web3?

Ownership of Data

Tech behemoths control and exploit user-generated data in Web 2.0. End users will have full ownership of the data they utilise in blockchain-powered web3. You will be able to choose what information you wish to share with businesses and advertising agencies to earn money.

Fewer Intermediaries

Blockchain-based Web3 will connect businesses with customers directly. There will be few, if any, central governments that receive a cut of the profits from computerised transactions. While proper norms and regulations to ensure fairness will remain necessary, we will see a shift toward distrustless and untrustworthy behaviour.

Transparency

Because of the decentralised web, users will be able to trace their data and inspect the source code of the platforms they choose to utilise. All stakeholders will be aware of the value and commerce with which they are associated at all times. This information will not be obtained through the use of a mediator.

Searching and linking information in an effective manner

Web3 will make it easier for you to find information. When you use a search engine to find anything, it will return more relevant results rather than the most popular pages that people click on. The semantic web will help to improve internet data connectivity.

Personalised Internet Exploration

Websites will be better equipped to detect our preferences, resulting in a more personalised internet surfing experience. Web applications evaluate our internet activity and habits to tailor themselves to our device, location, and so on.

Service continuity

Data will be saved on distributed nodes in Web3. As a result, users will not have to worry about the suspension of a specific account or service outages due to technical or other causes.

How are women who enter the Web3 space treated according to you?

According to a recent CNBC poll, only 31% of questioned crypto investors are women. While that figure may appear to be greater than expected, around 15% of US-based investors have crypto investments. As a result, 31% leaves women with a relatively tiny group to fall back on in terms of size and numbers.

As a result, it might be intimidating for women, particularly those who aren’t currently in male-dominated STEM areas. That makes comprehending this domain slightly easier for folks who do not have a financial or coding background.

Nonetheless, there is some encouraging data in the long run. According to a CoinMarketCap analysis, women investors increased by more than 43% in the fourth quarter of 2020.

(The author is Mr. Harsh Bharwani, CEO & Managing Director of Jetking, and the views expressed in this article are his own)