In Q4 of 2024, hiring in the Web3 industry increased by 80% compared to the previous year, although there was a 13% drop on a quarterly basis. Crypto companies added 788 jobs in Q4 2024, up from 436 in Q4 2023, but hiring slowed down compared to Q3. The U.S. election impacted hiring trends, with a small boost in November and election-driven shifts expected in the first half of 2025. Despite the dip in hiring, interest in crypto remains high, with international talent showing an increasing interest in the U.S. Web2 engineers are still attempting to transition into the Web3 space, but it has proven to be challenging. Most roles experienced year-over-year growth, except for technical program management roles, which saw an increase in hiring. Legal, compliance, and recruiting roles also surged as firms prepared for regulation and growth. Zackary Skelly, head of talent at Dragonfly Capital, recommends keeping passive candidates engaged, focusing on non-tech hires, and refining token-based offers. He also suggests watching the intersection of artificial intelligence and crypto, alternative layer-1 networks, and U.S. policy developments as key areas to monitor.



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