Working in the crypto industry

• What is microtasking and what are the benefits？

• Opportunities to make money using cryptocurrency as a job; in-demand skills

• What can you do to improve your employability？

• Where to look for crypto job openings and how to discover them

We looked at different side-hustles that can be used to generate tiny sums of cryptocurrency in earlier articles in this part on how to earn cryptocurrency. Now, we'll take on the challenge front on by looking at ways to earn a consistent income by working for cryptocurrencies.

You can be paid directly in bitcoin for the work you do as a micro-tasker, freelancer, contractor, or full-time employee of a crypto-friendly organization.

.If you have the talents that crypto companies are looking for, you may work remotely or in-house and earn all or part of your income in cryptocurrency.

This is, in many respects, the most logical method to interact with the bitcoin ecosystem.

You're not just building a stack - a crypto portfolio - but you're also contributing to the ecosystem's growth and understanding how crypto can readily replace functions you thought could only be handled by the traditional financial system.

To begin, let's take a look at the crypto economy to see how it works and what skills are in high demand.

What exactly is the cryptoeconomic system？

The cryptocurrency economy, also known as the cryptoconomy, is the sector that has sprung up around cryptocurrencies and blockchain technology.

Despite the fact that the concepts and technology underpinning crypto are new, the expansion of initiatives inside the crypto economy into established enterprises means that they will inevitably require roles that are comparable to those required by traditional businesses.

HR, Marketing, Design, Communications, Accounting, and Legal, as well as crypto-specific talents such as crypto-specific programming languages, cryptography understanding, and cryptoeconomics.

Cryptocurrency exchanges, custodians (companies that store cryptocurrency on behalf of clients), wallet developers, blockchain applications, crypto gaming/gambling, crypto insurers, crypto tax firms, fintechs, and a growing number of organizations that are intersecting with blockchain in some way are the main businesses within the crypto economy.

Crypto's Gig Economy: Microtasking

The emergence of the gig economy - in taxis, food/parcel delivery, and DIY - has disrupted the traditional economy in the last decade. The gig economy refers to independent workers who work on demand.

Emerging crypto ventures seeking to develop quickly without hiring huge permanent teams have taken a similar approach, relying on online and on-demand services.

Freelancers are frequently hired by cryptocurrency companies to execute one-off projects and microtasks, which are short, often repetitive assignments that pay a little amount dependent on the amount of labor completed.

Microtasks, such as tagging photos, producing banner images, or filling out a questionnaire after testing a game or program, can usually be finished in an hour or two from the comfort of your own home.

Cryptocurrency projects are frequently conducted as community projects, which means there are many ways for people like you to join involved and earn cryptocurrency in exchange for completing microtasks.

Freelance work is a step up from microtasking; it's basically providing ad-hoc work for crypto-focused businesses that aren't willing or able to hire full-time employees for non-core functions like content creation/blog posting, social media, community management, and video/image creation and editing.

These impromptu work possibilities allow you to start earning right away; as long as you have the necessary abilities and are adaptable, you have a decent chance of being employed on the spot - no resume required.

They also provide an excellent opportunity to learn about cryptography and networks, both of which have immeasurable worth.

Many firms attempting to establish a new crypto project will rely on existing networks to locate resources rather than using recruiters or agencies, so take the time to build your network, whether on LinkedIn, Discord Channels, Twitter, or WhatsApp groups.

There are also a few well-known sites that provide freelance work in exchange for cryptocurrency:

Making Cryptocurrency Your Main Source of Income

If you want to do something more important than Microtasking or Freelancing, you can locate contract or full-time work with firms that will pay you in cryptocurrency.

By the way, paying employees in bitcoin isn't limited to enterprises functioning in the cryptosphere; organizations that don't deal with blockchain have also discovered the advantages of doing so.

If you can discover a forward-thinking employer ready to pay you in crypto for all or part of your wage, take advantage of the chance.

You'll need well-developed talents in a crypto-specific subject, or skills that are transferrable to crypto, ideally backed by some domain expertise, to earn larger amounts of cryptocurrency on a regular basis.

Make a point of mentioning your unique expertise or personal interest in cryptography in your CV or introductory letter, as well as your wish to be paid in crypto.

These types of abilities are always in demand in the crypto economy, so you'll have plenty of options to find work that pays in cryptocurrency.

There are also a number of industries within the cryptoeconomy that are rapidly expanding and have a high demand for individuals with relevant abilities.

If you're a talented artist or graphic designer, for example, you should look into NFTs (non-fungible tokens), a growing business focusing on digital collectibles and artwork that can be represented as one-of-a-kind tokens.

NFTs can be bought and sold on an increasing number of platforms, including Enjin Marketplace, Rarible, Super Rare, Decentraland, and Open Sea, just like Bitcoin.

One of the fastest growing fields is decentralized finance (defi), or the disruption of financial services.

You should have no issue finding work here if you're a competent front-end designer, community manager, or programmer, and skills in investment banking and derivatives trading should also be transferable.

The list of Defi Projects is extensive, but the job board of Pantera Capital, an investment firm focusing solely on crypto and blockchain businesses, is a fantastic place to start looking for opportunities.

When you get paid with crypto, you have more anonymity than when you get paid with traditional ways. You don't even need a bank account to use cryptocurrency: it's the ultimate borderless currency, accessible to everyone with a smartphone and the desire to earn it.

If you work freelance, talk to other freelancers about how they handle their tax issues, or look for an accountant who specializes in crypto - there are an increasing number of accountants who support crypto clients.

Where can I look for a crypto job？

If you have a skill set that is in demand in the crypto economy, the next step is to find a relevant job and apply for it. Checking the listings on crypto-friendly freelancing sites like CryptoJobsList, Crypto.jobs, or Blocklancer.net is an excellent place to start. Coinality.com, Bitgigs.com, and Anytask.com are among the other sites used by crypto employers and freelancers. It's also worth checking out the job board for companies in the Pantera Capital network.

In your search for a crypto employment, don't limit yourself to conventional job boards. In many situations, you'll have more luck lurking on the project's Discord and Telegram channels, or heading straight to their website.

Speak with individuals, learn about the projects and crypto verticals where your skills are in demand, and go straight to the source whenever possible. When it comes to job seeking, the same approach applies: you'll often be able to locate work through connecting with projects and chatting to the team.

When looking for a crypto career, there are a few things to keep in mind.

Cryptocurrency is a fast-moving sector where initiatives come and go, and use cases develop and then go away.

You won't likely find a job for the rest of your life in the crypto economy; instead, expect to find work on ad hoc basis, as this is a gig economy industry.

Volunteering your services, such as to design a logo or write an article, is also a wonderful approach to demonstrate that you have what it takes and may lead to an employment offer. However, don't allow projects take advantage of you by putting your effort to use but refusing to pay you for it.

Approach your job hunt for a crypto employment with the idea that it will be a beneficial learning experience and a stepping stone to bigger and better things.

The knowledge you gain along the road, as well as the cryptocurrency you earn, will enable you to expand your professional portfolio and pave the way for a permanent job offer.