There has been a lot of talk about Web3 in recent years. But if you’re a Web3 geek, you know how far the internet has come since the 1990s. What is the source of this revolution? It is not about money or the newest craze but the technical principles it adheres to. As a consequence, more individuals are considering a career in Web3.
According to Gartner projections, 25% of consumers will devote at least one hour daily to the Metaverse for shopping, work, education, socializing, or entertainment by 2026. With Blockchain, paradigms are not only shifting to decentralized protocols but also opening the door for new business models and value changes.
What is Web3 ?
Web3 is the next evolution of the internet, enabling intelligent data access for apps and consumers using machine learning (ML), distributed ledger technology (DLT), etc. Earlier it was named Semantic Web, and its goal is to make the internet smarter, more accessible, and self-sufficient. Web3 was first used in an article written by Jeffrey Zeldman in 2006.
Moreover, robots and humans will engage with data, necessitating the development of applications able to grasp and process information in the context of its surrounding environment and users’ conceptual understanding of it. Web3’s two main pillars are the semantic web and artificial intelligence.
Web3 encompasses a diverse range of products and services. Metaverse apps, decentralized social media networks, decentralized web browsers, crypto gaming, non-fungible token (NFT), decentralized finance (DeFi), and other applications fall under this category.
Moreover, the Web3 movement extends the crypto and blockchain ecosystem. Web3 seeks to empower people by reducing the barriers to our everyday online interactions. Furthermore, these apps provide developers and consumers a say in the applications they create and use.
There are now more opportunities than ever for a wide range of professions thanks to the advent of Web3, the next generation of the internet. A wide range of requirements and standards are attached to each potential outcome of Web3 experts. The following occupations are available to anyone interested in working with the next generation of internet technology:
Because interactive media are a key component of Web3, there is a high need for talented UX and UI professionals. These abilities will be crucial for Web3 experts as they aim to reinvent and rethink digital experiences with user-centric and appealing designs. Several job options are accessible: UX/UI Designer, Product Designer, Lead User Experience Designer, and many more.
When Web2 was thriving, the demand for web developers increased dramatically. VR and AR designers are in high demand these days. They are in charge of designing the virtual world we will be migrating into. As a result, the market for such technologies is expected to explode in the following years.
According to a study by International Data Corporation (IDC), the AR/VR industry will be valued at €15.5 billion in 2022. Another Vynz study predicted that the industry will increase at a CAGR of 48.8 percent and generate $161.1 billion in sales by 2025. As a result, careers in this industry provide a profitable opportunity for anyone interested in becoming a part of the Web3 course.
Expert in Cybersecurity
Throughout the history of cryptocurrencies, there have been several hacks and assaults. Millions of dollars have been stolen from platforms due to these assaults. As a result, cybersecurity is another area that might be investigated for job opportunities. Of course, it would vary from Web2 cybersecurity positions. To protect the Web3 environment, Web3 experts would need to use the underlying blockchain technology.
Marketing a product or a brand in the Metaverse would be a completely different ballgame. It will be difficult to attract consumers to a platform that demands a virtual presence. Furthermore, even if the function is non-technical, it will need technological aid. As a result, a new generation of marketing specialists will be needed. They must adapt and utilize the virtual realm’s established and tested real-world abilities.
Web3 will be driven mainly by the community. Brands venturing into the Metaverse concentrate on providing value to the user experience in ways vastly different from how it is now done. Some fashion firms have already established themselves in the Metaverse connecting their customers via games and other experiences.
A Community Manager’s role will be to guarantee that the business develops and maintains strong relationships with its customers. They will also manage online channels across several platforms and maintain the brand’s buzz.
The function of a back-end developer in Web3 is not unlike that of any other tech business. However, the focus in this context will be on the blockchain as a database. Although most end users are unaware of it, they connect to the blockchain each time they complete a transaction through numerous service providers and APIs.
They ensure that the application can effectively retrieve and transmit data to other service providers or connect to the blockchain directly. It is when the back-end developer enters the picture.
Begin Your Web3 Education
Building a career as a Web3 expert is similar to starting a career in any other industry: you study the fundamentals, read the news, and expand on that. Web3 education would be beneficial to begin by learning what Blockchain means and how it operates conceptually.
You should follow Coindesk, Decrypt, and Cointelegraph to stay up to speed on the newest Web3 and Blockchain news. Coinbureau and Finematics are great places to learn about individual Crypto/Blockchain/DeFi projects and ideas.
Another thing to consider is researching some important Blockchain initiatives – nothing too in-depth for now, just a high-level overview. Different Web3 courses are also available for students, which can improve their skills and knowledge by attending Web3 classes.
These are just a handful of the new career positions that have emerged in the Web3 era. More options and opportunities will emerge as the Web3 and Metaverse takes form and grows. Furthermore, given the amount of money coming into Web3, metaverse initiatives, and platforms, careers in the area are sure to be lucrative.