Top 5 Career Tips For Women For A Successful Career In Web3

The Web3 industry is aimed at liberating the tech industry from the clutches of BigTech and putting the power in the hands of creators and developers. The internet industry has not changed fundamentally since the dot com boom of 2000 and Web3 is all set to bring the next internet revolution into our lives.

The Web3 industry is growing at an exponential rate and is expected to generate revenue of USD 81.5 billion by the year 2030. The Indian crypto-tech industry currently employs roughly 50,000 professionals and is capable of generating 800,000 jobs by the end of this decade (NASSCOM report).

During the pandemic when most industries were downsizing their workforce, the Web3 industry was hiring constantly to provide much-needed employment to the youth of our country. The nature of the industry allowed the employees to work remotely without dampening the performance of the professionals. The work culture in the Web3 industry is highly flexible and provides a level playing field to everyone, especially women who had to choose between raising a child and their career are now looking at the flexible work culture of the Web3 industry positively.

Having said that, there is a general consensus that the gender ratio is very skewed in deep tech. Web3 being in its nascent stage and being deemed as too risky has a very poor balance.

Here are the top 5 career tips for women for a successful career in Web3.

Be comfortable with being uncomfortable

Web3 is a space, with even industry veterans in experimentation mode. The best way to immerse yourself in the Web3 world is to learn as you go because every day is different.

After all, technologies are evolving at a very fast pace. The joy of looking at yourself in the mirror every morning and feeling excited about the work day ahead is an absolute luxury. Please remember there is no fixed formula to succeed in the Web3 industry and your curiosity is the most extensive guide to a successful career.

 Unlearn to learn 

Web3 is a highly inclusive industry and welcomes professionals from all walks of life such as Finance, Law, IT, developers, coders, engineers, and marketers among many others. Women professionals from other industries may have to unlearn a few things to learn about the newer technologies of the Web3 world. It is easy to learn about the new operations model of the Web3 industry if you have an open mind with a zeal to create new experiences for the masses.

It’s not just about tech

The biggest misconception about Web3 is that it only employs people with a technical background. When a new industry is born, it requires a professional with every skill set. For example, a Web3 company cannot function without HR, accounts, marketing, admin, and other critical verticals which are an indispensable part of any organizational structure. Women professionals with a non-tech background can also have a thriving career in the Web3 industry.

Get your hands dirty 

Web3 is a highly immersive space and the only way to know the DNA of the industry is by getting into the user’s shoes. Using the D-apps in your daily life is the best way to discover the newest trends and problems which require a solution for the benefit of the users. The Web3 ecosystem is like a living body cell that is capable of performing all the vital functions for the survival of multiple industries including, healthcare, manufacturing, customer services, marketing, and real estate among many others. As a Web3 warrior, you need to be in the field to learn the tricks of the trade.

Suggested Reading:

Why The Exclusionary Attitude Towards Women In Tech Needs To Go Away

We didn’t start the fire

The flame of innovation has been burning since the discovery of the wheel by our ancestors, so by innovating we are just continuing the trend of discoveries that have made the human race fittest for survival. Innovating is a part of human DNA so don’t let anyone tell you that you can’t do something. Most career problems will be resolved once you have confidence and a can-do attitude. A positive approach toward being a part of the greatest internet revolution of the 21st century is the most important skill to succeed in the Web3 world. Confidence comes from correct knowledge so make sure you read a lot about the latest discoveries in Web3 and keep yourself equipped with the latest business trends.

The current gender gap in the Web3 industry is highly disturbing and the perception that it’s a man’s world is quite prevalent. We need more women professionals joining the revolution from all spheres of life. Addressing the gender diversity issue in the Web3 space to provide equal opportunities for growth to everyone irrespective of their gender is definitely the need of the hour. We also need to nurture a new breed of women entrepreneurs who can lead Web3 projects and drive mass adoption of Web3-related products and services.

Tarusha Mittal, COO and Co-founder, UniFarm and India’s leading women entrepreneur in Web3. The views are the author's own.