from Hacker News

Ask HN: Are all these crypto jobs legit?

by taklimakan on 9/12/23, 5:36 PM with 2 comments

I started to timidly poke my nose in the job market, anticipating a ship jumping within the next year or so. It strikes me that there’s a staggering amount of crypto jobs. Blockchain, NFT, instant messaging, payment, you name it.

Is the crypto space experiencing such a high growth on all fronts that so many crypto startups pop up everywhere or are these just YOLO’ing their way forward until they run out of cash? And by the way, who is funding them? Are investors actually convinced that any random crypto project can become the next unicorn?

It all seems like a giant scam to me, and I’m very wary of applying to these companies. Am I being overly conservative?

  • by tornato7 on 9/13/23, 5:19 PM

    Many crypto companies are still flush with cash from the bull market and their token valuations + treasuries are quite large. VC investment in the space continues to chug along at a steady pace. Lots of crypto companies are hiring and have 2+ years runway (and hope another bull market comes along by then).

    Crypto companies can be great places to work. Just make sure you dig in to your pay package to ensure you're not getting paid majority in some random token :)

  • by ftxbro on 9/12/23, 5:42 PM

    > are these just YOLO’ing their way forward until they run out of cash

    this is like every company