The bear market hasn't stopped cryptocurrency companies from hiring - recruiter

Recruiting executive Clayton Pullum said that hiring is now being approached from a more long-term perspective.

As cryptocurrency companies like Coinbase announced layoffs earlier this year, there seemed to be little opportunity left in the blockchain space during the bear market except to flip (quickly buy and sell a token after the pump or its listing to other exchanges). 

Clayton Pullum, co-founder and director of Satoshi Solutions spoke at the recent Blockchain Economy Summit Dubai 2022. According to Pullum, today's hiring situation is very different from during the bull market. The executive described previous bull market periods when companies were "hiring like crazy" and offering developers salaries of $500,000 to $700,000. 

But that doesn't mean there are no options to find crypto jobs now. Same point, but to quote Pullum: "Those who were more confident in their funding had a more strategic plan. That doesn't mean that hiring stopped. It just made more sense. [...] They've slowed down a little bit. And frankly, I think that's very positive."

Pullum also shared his belief that more things will happen in the future and more talent will be needed. And that's the plain truth because we see new and emerging technologies in the crypto sphere emerge. And for all of them, you need a mental workforce.