Do you have a brilliant product idea that involves blockchains and cryptocurrencies, but you find yourself stuck with the execution? Well, you're not alone; the whole blockchain and Web3 industry is going through a shortfall of talented developers capable of turning dreams into usable products, not to mention the process of assembling the perfect Web3 team for your project is riddled with technical difficulties.
This is precisely we're building Go 3.0, and in this blog, we're going to talk about the biggest challenges with hiring Web3 developers and how Go 3.0 aims to solve those challenges.
Go 3.0 is a talent-matching platform and serves as a gateway to a top-tier pool of pre-vetted Web3 developers who are experts in blockchain, decentralized applications, smart contracts, and other essential Web3 technologies. Gone are the days of blindly sifting through endless resumes, hoping to stumble upon the right fit.
Web3 landscape is evolving at a rapid pace. Consequently, Web3 companies face many challenges while hiring top-tier Web3 talent. Here are some of the significant challenges faced by companies when hiring Web3 or blockchain talent:
One thing stands in the way of every Web3 project’s success: a lack of Web3 talent to make it happen. Blockchain technology has the highest potential to change the Internet, and its demand is increasing. However, the industry lacks Web3 talent despite the skyrocketing demand for Web3 developers.
The following table clearly shows a limited yet growing number of Web3 developers and currently, the USA has the highest number of Web3 developers in the world:
The success and adoption of blockchain technology are greatly aided by non-developer Web3 talent, including designers, marketers, salespeople, and other professionals. However, hiring for non-developer skills in Web3 projects comes with its own unique set of difficulties.
The demand that these people have a solid understanding of blockchain concepts is one of the main obstacles. Web3 Career, a popular Web3 job platform, posted 2000+ non-tech jobs recently.
At Go 3.0 we have unique and separately designed tests and assessments to build a pool of non-development Web3 talent so whenever a customer or project is hiring for a non-developer but crypto-literate designer, marketer, or salesperson, they can rest assured that Go 3.0's assessments can help them sift through these candidates quickly and cost-effectively.
If you're building an internal team for a Web3 project and looking to hire developers and non-developer talent, be sure to sign-up for a free trial on our assessments app designed to help you do just that and save countless recruitment hours.
Specialized expertise in blockchain, decentralized apps (DApps), and smart contracts is necessary for Web3 development. It can take time to find experts with technical knowledge in these fields.
Some reasons why you should select specialists who have the right expertise:
A deeper understanding of Web3 technologies and use cases
Strong grasp of foundational and core concepts
Strategic insights to suggest innovative solutions
Accelerated development
Quality assurance
Industry knowledge
Remote work has become a transformational force in the Web3 era, changing how teams cooperate and innovate. Hiring remote Web3 developers, however, has its challenges.
Here are some of the challenges of hiring remote Web3 talent:
Communication and coordination
Building trust and rapport
Managing time zones
Self-motivation and accountability
In Web3 projects, valuable digital assets like cryptocurrency, decentralized applications, and smart contracts are frequently used. Hence, finding talent with a thorough awareness of security guidelines and a solid reputation for reliability is crucial.
A report shows that just in 2023, a company lost $197M. This has been listed as the huge crypto hack of 2023 so far!
Another difficulty is onboarding and training, especially with Web3 technologies that are continually evolving. Complicated aspects of Web3, including consensus mechanisms, varying blockchain protocols and principles to a spectrum of use cases, make it difficult for newcomers to get the hang of a project quickly.
Giving new hires thorough training and direction in comprehending the project and its target customer is vital. Hence, It might take a lot of time and resources to onboard and upskill new talent to keep up with the evolving Web3 landscape.
The complexity of Web3 projects is an inherent attribute. Finding developers who can handle the job and navigate the project's complexity can be tricky. Every other Web3 company is currently facing the following complex obstacles:
Interoperability challenges for seamless integration of decentralized systems, blockchain, and protocols
Innovative and safe smart contract development to govern the functionalities inside a decentralized system
Scalability to handle large amounts of transactions
Immersive user experience to attract and retain users
The expense of hiring Web3 talent may play a significant role in the success or failure of any project. Recruitment costs may increase due to the high demand for skilled Web3 talents and the talent shortage. This presents a problem because it makes it difficult for smaller businesses or startups with tight funds to compete for top Web3 talent.
The total cost of hiring depends on several factors, including initial recruitment costs, competitive compensation, benefits, retention efforts, onboarding and training, infrastructure and tools, and time management. However, these expenditures reflect the value and knowledge that Web3 specialists offer.
The world of Web3 is constantly evolving, demanding continual learning and adaptability. To stay ahead of the curve and keep up with new technologies, protocols, and frameworks, Web3 talent and projects must regularly adapt and deliver new value. Building a dynamic and future-proof Web3 workforce requires finding individuals dedicated to lifelong learning and flexibility!
These difficulties are waiting to test your determination and resilience in Web3 talent recruiting. But remember that every obstacle offers a chance for growth and creativity. This is why Go 3.0 is filling the most significant gap in the market by bringing Web3 companies and Web3 talent together on a single platform!
Returning to the core issue: how could these problems be solved?
Go 3.0 serves as a link between the thriving Web3 talent market and forward-thinking businesses like yours. Hiring Web3 and Blockchain specialists has now become straightforward, allowing anybody to locate the ideal match for their projects without unnecessary delays.
Here’s how you can hire Web3 talent quickly through Go 3.0:
Talk to our experts and share your requirements
Get matched with the best-fit talent
1-1 conversation with the talent and kick-off development
Thanks to our platform's carefully supervised pool of Web3 developers, only the best talent fills our network. We know how important it is to discover qualified individuals that can work seamlessly with your projects, and Go 3.0 delivers just that.
Utilizing Go 3.0 gives you access to a wide range of benefits. The top priority is our selection of qualified developers. Each developer on our platform undergoes an extensive evaluation process to ensure their knowledge, experience, and dedication to quality. With Go 3.0, you can be sure that the talent you engage with has the knowledge and credentials to satisfy your Web3 requirements.
Go 3.0 goes above and beyond by providing pre-employment Web3 tests for internal recruitment. Through the use of these assessments, businesses are able to evaluate candidates effectively, speeding up and simplifying the hiring process. Our assessments are a valuable tool for determining a candidate's familiarity with Web3 and fitness for your project.
For many reasons, our customers select us as their preferred platform for Web3 talent acquisition. Let's look at what makes Go 3.0 unique and why clients choose us for their Web3 projects:
Reclaim critical engineering time: You can reclaim the precious hours your technical team would traditionally spend on each hiring procedure with Go 3.0. We handle the time-consuming procedures of finding, vetting, and screening Web3 developers, freeing you to concentrate on creating ground-breaking Web3 applications.
Swift matching in a matter of days: Speed is essential in the quick-paced Web3 environment. Go 3.0 can connect you with the ideal developer in a matter of days by utilizing our vast talent network and optimized hiring pipeline.
100% pre-vetted pre-interviewed developers: All developers on our platform undergo comprehensive screening, verification, and interviewing to guarantee they adhere to our high standards. Every developer on Go 3.0 has passed a thorough evaluation procedure to confirm their technical knowledge and suitability for remote work environments. You can be confident you'll interact with qualified individuals eager to contribute immediately!
Pay only if satisfied with a new team member: If you are delighted with your new team member, you can only pay. Our satisfaction-based payment model demonstrates our commitment to your success and our desire to help you find the best fit for your projects!
Go 3.0 takes pride in solving the most significant market gap in the Web3 recruitment industry. Here is what our past customers say about us:
🙶They were able to provide service normally out of the price range. The team was communicative and took responsibility. We expect to work again, given they have the most knowledgeable developers on our application.
🙶The developers worked hard to understand our product, worked with us on an evolving scope, and eventually delivered what we envisioned.
If you want your Web3 success story, schedule a call with us, describe your project, and we’ll pair you with the perfect Web3 developer!
We are rooting for you!