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How Web3 Shapes the Workplace

We would be hard pressed to name an invention from the past 50 years that has changed the world more than the internet. From entertainment to communication to finance, the web has transformed the daily lives of billions of people and every industry.

The web itself has also changed enormously since its conception. In the early days, Web 1.0 was a wild west of text-based hyperlinks. The need for structure and organization brought about Web 2.0, which imposed a digital hierarchy and made data regulated and owned by big business.

Now, the pendulum is swinging back towards collective ownership of the online space with Web3. Web3 developers are responsible for innovations like public blockchains and decentralized finance. Less directly, they are responsible for the recent workplace transformation.

Web3 and the future of work are tied together

New digital roles made possible by Web3 are in high demand. Developers at the top 3 platforms were sought after 3 times as much in 2021 as they were in past years.

Jobs like full-stack developer, data scientist, and technologist, all saw over 100% increase in demand. All of these jobs are well paid. The trajectory is a steep upward incline; 12 million tech jobs will be created by 2025.

Another trend spurred on by new digital tools is flexibility. Most workers don’t want to rely on the 9-5. Flexible schedules are made easier by the potential of remote work because workers don’t have to share a physical space to collaborate.

Thanks to the spread of internet access and remote work, millions more people are able to live as digital nomads. Working wherever they please. If someone’s current job isn’t offering them the flexibility they want, they feel empowered to leave in pursuit of greener pastures in today’s market.

How Web3 Shapes the Workplace Infographic

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Jessica Smith

Jessica is the author in charge of our website. Moreover, she takes care of all the back office and business administrative duties. Jessica is the mom of two adorable kids.

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