WEB 3 Challenges

The Challenge is even bigger when hiring in Web 3

Web 3, the next generation of the Internet, encompasses a diverse range of emerging technologies and fields such as Blockchain, Crypto, Metaverse, VR and AR, Defi, CeFi, SocialFi, Infrastructure, AI, Machine learning, Internet of Things, Gaming, Cybersecurity, and more. These nascent and rapidly evolving areas make it particularly difficult to find Web3 talent, creating an ideal opportunity for Bondex to establish a strong presence in the market. We view this environment as the perfect beachhead market for Bondex to modernize recruiting before expanding into other industries. As Bondex grows, it plans to expand into other sectors over time.

WEB 3 Specific Challenges:

• The availability of experienced talent is limited, creating a low supply in the market.

• Competition for senior talent is intense due to high demand and supply trends.

• The talent pool in Web 3 is driven by a strong sense of mission, making traditional incentives insufficient to attract and retain talent.

• Traditional recruitment channels are inadequate, as talent pools are often fragmented across platforms such as Discord or Twitter that are not specifically designed for recruitment purposes.

• There is a scarcity of quality education providers, making it challenging for individuals to know where to begin learning, thereby hindering the growth of the talent pool.

• There is a lack of service providers catering to the unique challenges faced by Web 3 companies.