How should a novice approach Web3, blockchain technology, and crypto jobs?
Budding investors and developers should be educated before they approach the area of digital assets
Web3, blockchain and crypto have become comprehensive terms and have captured the world’s attention with their amazing benefits and gains. This popularity has also given rise to numerous jobs in these fields.
With an exponentially booming tech market, web3, blockchain and crypto are expected to expand further and develop. According to reports, web 3.0 blockchain is further predicted to value around $6,200 by 2023. This market is further expected to grow at an impressive CAGR of 44.6% in between 2023-2030. While the web 3.0 blockchain market fairs exceptionally, the reports also state the market growth of crypto space. The cryptocurrency market that was valued at $1.49 billion in 2020 is expected to grow at a CAGR of 12.8% from 2021-2030 to value around $5 billion. The global blockchain market too is growing immensely, and is expected to grow at a CAGR of 8.5-9% between 2020-30, from $5.92 billion in 2021.
Web3
Web 3.0 is dependent on decentralized apps that give access to everyone to take part in without letting the participant monetize their personal data. Web 3.0 is verifiable, self-governing, permissionless, stateful and has native built payments. Web 3.0 is quite different from the earlier version web 2.0 as it runs on blockchains and has many networks, server to depend on.
