The state of Web3: Community talks about opportunities around the world

Delegates at Binance Blockchain Week spoke about their Web3 stories and the growth of Web3 opportunities within their local communities.

The recent conference brought together members of the crypto community from around the world to share their passions, meet like-minded people, learn from opening remarks by community leadersand share your perspectives on the state of Web3.

One of the topics that people showed interest in was the growing demand for Web3 talent. As the Internet evolves from Web2 to Web3, reports they show that the demand for talent within the Web3 space is increasing rapidly and that many opportunities are emerging within the industry.

While statistics are very important, insights directly from the people who are witnessing the transformation of the industry are just as crucial.

Bringing “endless” opportunities to Indonesia

Joko Crypto, a masked crypto crusader from Indonesia, shared his thoughts on what Web3 is currently doing in his country. According to Joko, people are very excited about Web3 and that the opportunities in the space "always persist".

“In a country like Indonesia, [...], the excitement of Web3 job opportunities always lingers. From being a 'freelancer' playing to win to becoming a paid Telegram admin, the opportunities are endless.”

The anonymous crypto evangelist also believes that the same thing is happening globally. Meanwhile, Yoseph Soenggoro, a Web3 developer from Indonesia, agrees with the caped crusader. According to Soenggoro, "it's definitely a trillion-dollar opportunity for our generation."

The developer explains that currently, the most established projects in their local Web3 environment are centralized exchanges. However, Soenggoro believes that over time, there will be more decentralized finance protocols being built in Indonesia and that this will bring many "potential jobs for people in Web3".

Related: Indonesian Crypto Industry in 2021: A Kaleidoscope

Changing lives in Nigeria

“Cryptocurrencies changed my life,” said Chike Okonkwo as he described his personal experience in Nigeria. He started his journey at Web3 in 2016, and now Okonkwo works as an executive on a blockchain gaming project.

According to Okonkwo, he tried to do a couple of things as a student to earn money. However, cryptocurrencies have been the most impactful and have provided many opportunities for it. “Not only did I make money trading cryptocurrencies, but I also worked with cryptocurrency companies,” she said.

Okonkwo explained that blockchain offers "many opportunities for us in Africa and the world globally." He believes that it enables people to create solutions that can have a significant impact by helping people solve problems.

"I'm bringing more and more people, young people, into this space because it can change their lives financially."

Aside from Okonkwo, Ukeme Okuku, who is also from Nigeria, shared his thoughts on Web3 within his local communities. According to Okuku, while there are many Africans active in community design and management, the "main problem" now is raising awareness.

“Because of crypto and blockchain, the space is still very niche. Very few people know about it."

Breaking the qualification barriers in India

Speaking from an Indian perspective, a delegate from India who wished to remain anonymous also shared his thoughts on what Web3 is doing within the country. According to him, there were barriers for people in India. He noticed:

“They needed to study at a good school, go to a good university, and then apply for jobs. Without these good credentials, you would not be able to apply for anything.”

However, the delegate stated that in Web3 it is very easy for a person without a brilliant academic background to enter. He believes that in Web3 “a person just needs to have skills”.

The delegate explained that, within his country, there are many areas where people do not receive enough support. However, these restrictions are reduced when it comes to Web3 and this is due to the Internet. "You have the internet, you have the power," he said.

Changing the opinion of skeptics in the Philippines

A Web3 developer from the Philippines, Jene Dizon, believes that there are many opportunities for Filipinos in the Web3 industry right now. As someone who has worked in crypto for more than five years, Dizon believes that there is a high demand for Web3 talent in the region. He noticed:

“There are many opportunities in Web3 for Filipinos. The adoption of Web3 is not only for first world countries, but also for developing countries. However, I think it may take about 2-3 years before it fully integrates into the mainstream.”

Apart from this, Dizon pointed out the similarities between the start of the Internet and the current start of Web3 within the country. “When the internet started in our country, there were also many skeptics. But now, everything is online,” she said.

"I think the same thing will happen with Web3 at home," said Dizon. He pointed out that while there are still many skeptics, they are slowly changing their minds and are looking into technologyand at the right time, it will apply to all industries.

Heading to Uruguay

Alexis Martinovic, a tech content creator from Uruguay, also attended the conference to learn more about Web3 and expand his network. At the moment, Martinovic believes that in his country the adoption of Web3 is just beginning and that soon people will see Web3 projects in his country.

“There are no local projects that support Web3 at this time. [...] But I think that soon we will begin to see them. Of course, everyone in every country is going in that direction."

Martinovic also highlighted the few barriers to entering Web3. “To just jump into Web3, you don't even need a bank account,” he said. Because of this, even developing regions have the opportunity to participate.