Two-thirds open to a Web3 career for its potential and flexibility: Survey

A new survey from crypto exchange KuCoin showed that enthusiasts who have not worked in the Web3 industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry's appeal includes flexibility, growth opportunities and the future outlook of the nascent space. 

In KuCoin’s study titled Journey Into Web3: A Global Study on the Future of Work, researchers dived into the engagement and perception of people about working in Web3. Within the report, researchers found that more than half of their surveyed respondents are interested in exploring Web3 as a career option.

Apart from measuring the interest in Web3 opportunities, the researchers also looked at what attracts people to work in the space. According to the study, benefits such as room for growth and innovation and work flexibility are cited as reasons when the participants were asked what they find attractive about Web3 careers.

Looking at the demographics, Web3 careers seem more appealing to the youth. 59% of those who worked in the space are below 30 years old. In terms of satisfaction, more than half of the respondents answered that they are pleased with their careers within the Web3 space.

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One of the reasons for interest in the field seems to be the positive future outlook for the industry. On July 22, a report by the Boston Consulting Group predicted that the crypto space will reach 1 billion users in 2030. This shows that compared to the trajectory of internet adoption, the Web3 space is still early in adoption.

Meanwhile, an investing firm also looked into the investing preferences among millennials back in June. A survey in the United States revealed that more millennials have invested in crypto compared to those who invested in mutual funds. This shows that the younger demographic of investors is more open to emerging investment options.