With the recent downturn of the market, the cryptocurrency sphere opened many new opportunities to ambitious young people who are looking to get a cryptocurrency job in 2019. And by job, we don’t necessarily mean becoming an ICO advisor, but actually specialising in a specific part of a company’s growth.
But how does one go about choosing and finding the job opportunity best suited for him?
DEFINE YOUR IDEAL JOB POSITION
Most job positions available in the cryptocurrency sector are related to coding and development. If you are one of the few that want to work in front-back end development jobs, you can skip this step.
This chapter is written mostly for people who are looking to acquire a new skill that will help them get a cryptocurrency job in 2019, less than one year since the skill acquisition. Some of the most sought after, easy to learn, skills in the sector are the following:
-Marketing & Community managers
Start by choosing which job best suits your skills and lifestyle. If you are a good writer already, consider a specialisation in cryptocurrency content management. If you are more experienced with communication and quick problem solving, you should consider customer service.
TAKE A COURSE AND PERFORM ADDITIONAL RESEARCH
In order to kickstart your immersion in your newly chosen path, I would recommend you find an online course that can help you learn the skills you need.
There are many different options and pricetags, but my personal choice would be to go with Udemy. Their course are extremely underpriced and the value you get, if you choose the right course, is unparalleled.
Once your course has started, spend at least 2-3 hours per day practicing your skills and doing further research on how you can apply these skills to the cryptocurrency sector.
A good place to start is by reading forums related to cryptocurrency or to your specific skill. If you want to get a cryptocurrency job in 2019, you need to know exactly what your employer is looking for and offer it before he asks for it.
OFFER YOUR SERVICES FOR FREE
Now that you have taken a course in your new skill and have practised enough to be considered at least “good” in what you do, it is time to build up a portfolio that you can show to your prospective employer.
To do that, the best way is to offer your services for free.
Send sample articles to your favourite cryptocurrency blog, develop some aesthetically pleasing graphics for new Social media posts of your favourite coin. Be ready to do some free gigs. If you work consistently, within a month you should have at least 10-15 work examples to show to your potential employer.
START ASKING FOR PAID POSITIONS
Now that you have your portfolio built, its time to finally start chasing. To get a cryptocurrency job in 2019, you will have to stand out of an enormous competition. How will you do this? There are many ways. Here are some tips to remember:
-Do not apply directly to the application button. Instead, spend some time to discover who the HR manager of your (potential) employer is and contact him/her directly via email. The easiest way to do this is by downloading Snovio, a Chrome extension that helps you get emails from linkedin profiles.
-Keep it concise. Don’t over complicate your request and do not talk about yourself. Instead, focus on the value you will be able to provide to the company.
-Everything you say must be formulated in a way that shows the employer you have done your homework regarding the company. What are their pain points? What are some current problems they are facing?
-In the end, ASK. Be unapologetic. Offer your help and state that this will be a paid job. Whether you decide to work for a given company as a freelancer or as a employee, you have to be able to let your character shine through the first email.
This step by step process helped me and many other people in my Social circle get a cryptocurrency job, with 3 to 6 months of continuous effort. You can do the same, only now, your competition will be way less, due to the results of this grueling bear market.
StormGain: Crypto Mining now available on all smartphones
For many years, cryptocurrency mining has only been reserved to a select few – those people with enough time and capital willing to invest resources into setting up their own mining rigs. However, cloud mining has been quickly gaining speed, and StormGain’s solution removes the technical barriers from the equation in hopes of creating a more even playing field.
Since miners need to keep several factors in mind, including electricity costs, upkeep and maintenance, and the overall investment return, mining has become less lucrative for the smaller players. StormGain wants to change this narrative, and give everyone the chance to participate in the verification of cryptocurrency transactions, earning a nice income whilst doing so.
Cloud mining is a prevalent trend in the cryptocurrency industry today. However, many providers claim to offer significant yields and fail to deliver on those promises. StormGain is a different breed, as it provides a mobile-based cloud mining solution. Every user can mine cryptocurrency directly from their mobile phone without dealing with the hardware side of things. Mobile app users connect directly to remote cloud servers, allowing StormGain to provide a risk-free and convenient mining solution, incomparable to those offered by other cloud mining service providers.
The first step is to register at the StormGain platform using a smartphone – or desktop computer for those who prefer that option. StormGain purposely opts for a pain-free registration process to get as many people acquainted with cloud mining as possible. The registration process also involves a lucrative bonus of $5 USDT, delivered directly to users’ mining accounts. The process is simple – upon registering, use the promo code MINER to receive the bonus. After confirming the account, users can begin mining Bitcoin right away by connecting to the cloud mining server, with no impact whatsoever on the smartphone’s performance.
After meeting the minimal $10 USDT profit threshold, users are free to trade and exchange their crypto assets with StormGain. Withdrawal of mined currency is not possible without going through the trading process first, but all profit generated via trading can be transferred out of one’s account at any given time – a fair trade-off.
The trading and exchanging via StormGain is available at 0% commission, with users benefiting from all standard and advanced instruments at their disposal. The service also introduces fiat-based cryptocurrency purchasing for those who want to expand their crypto portfolio quickly and effortlessly.
StromGain has contracted incredible partnerships since its inception, making it the 1# interest rate provider for crypto traders by CoinMarketCap, a member of the well-known Blockchain Association within the Financial Commission, but also an S.S. Lazio official trading partner, and the market’s best cryptocurrency trading & exchange platform, according to The European. To date, StormGain’s trading product notes a 30-day volume of over $6 billion, generated by tens of thousands of traders worldwide.
What sets StormGain apart from other cloud mining providers is how mining rewards are proportional to trading volume. Users with a higher trading volume will earn a higher daily mining income. Mining with StormGain over more extended periods can have a significant impact on one’s profit potential, showcasing huge capital inflows for the most active miners and traders.
Cloud mining rewards are distributed every 30-40 minutes. Then, users are free to withdraw the funds to their trading accounts, within less than 72 hours. For newcomers, the first mined Bitcoin rewards will become accessible within 4 hours, a feat that is available nowhere else within the cloud mining industry.
As part of its services, StormGain’s cloud mining service effectively removes all entry barriers to the mining market. Consequently, there’s no longer a need to invest in expensive mining chips that take up space, make noise, and consume electricity. Contract prices are inherently small so ongoing investments can translate to significant profits over the long term. Since the bitcoin mining service is readily available via the cloud, accessing it via desktop and mobile devices couldn’t be easier, with no hardware and time investments involved.
Disclaimer: This is a paid post and should not be treated as news/advice.
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Cook Finance is Now Live on Ethereum Rinkeby Testnet
Cook Finance, a cross-chain decentralized asset management platform, today announced the launch of its first DApp on Ethereum Rinkeby Testnet. The latter is a proof-of-authority blockchain that simulates Ethereum to give the developers a chance to kick the tires before real assets are involved.
The test network runs the same software as the original Ethereum network, but has its own separate blockchain.
Cook Finance also invited community members to give the system a test drive through its first networked testnet. This demo release allows them to preview the technology and share their feedback about this testing phase.
Cook is also working to provide some novel ways for participants to engage with the testnet and monitor the network’s activity, liquidity, gas-saving and no counterparty risk without sacrificing usability.
The purpose of the Testnet launch of Cook Finance DApp is to help improve the protocol UI that will function as the gateway for DeFi market participants. Soon after the Testnet version of the DApp, Cook steams ahead towards the release of the Columbus version on the Ethereum mainnet.
Cook Finance is a decentralized asset management platform for the DeFi space, built on top of the Ethereum blockchain. As promised, their unique infrastructure solves pain points experienced by the DeFi niche without compromising the quality of its ecosystem.
Adrian Peng, the CEO of Cook Finance comments: “We have come a long way, but one thing that has always been a priority for us is to be thorough in every step and every process. We do not want to rush anything and miss out on critical details and functionalities of the DApp. After careful planning, we are finally ready for the Testnet launch, which is a major step forward for us. This is an exciting time that will help us better understand how users interact with the platform and what parts of the UI we can improve in the future.”
Next on Cook Finance Roadmap
Cook Finance aims to provide investors and fund managers with professional asset management services that are easy and intuitive to use. Investors can pick up their desired investment strategies and stake their crypto assets using the appropriate smart contract.
On the other hand, fund managers can easily configure their investment strategists with an expanded toolbox and more control over their portfolios. They also can leverage the trust provided by smart contracts and blockchain technology to attract more subscribers.
While there are other projects with a similar vision, Cook Protocol addresses key issues by being a cross-chain solution, currently looking into alternative blockchains like Huobi Eco Chain and Polkadot.
As you may recall, Cook Protocol is a young project launched in the second quarter of 2020. Their previous major milestones were completing the development of COOK token’s smart contract in January. The Uniswap liquidity mining and unlocking COOK token price-based smart contracts were also completed around the same time.
The roadmap for the project includes the release of the protocol architecture and UI design, completing the necessary infrastructure to start working on other functionalities.
The plans for the remaining months of 2021 will see the Cook protocol ecosystem development being launched this quarter, followed by the release of the Magellan version on the Ethereum mainnet in Q4.
Avalanche-Based Lending Protocol BENQI Integrates Chainlink Price Feeds
Avalanche-based algorithmic money market protocol BENQI is integrating Chainlink Price Feeds to ensure protocol security against the infamous flash loan attacks.
BENQI Integrates Chainlink Oracles
Today, Avalanche’s C-Chain-based algorithmic money-making protocol BENQI announced it is integrating Chainlink Price Feeds to safeguard the protocol against flash loan assaults.
Fundamentally, using secure and reliable oracles play a significant role in developing secure lending protocols that are dependent on external price sources to ascertain collateralization rates and liquidation conditions.
However, dependence on single-source oracles runs the risk of exposing such protocols to manipulation and exploits relying on flash loans which is essentially an instant and unlimited loan. An attacker can target a large pool of funds to instantly change the price of a key asset (eg, USDT) and execute operations that would drain funds from the protocol due to a false assumption.
Several prominent DeFi protocols such as Compound, Warp Finance, and others have suffered costly flash loan attacks in the past. For instance, Compound’s oracle believed that DAI was worth $1.4 during a flash crash in November 2020, because DAI briefly traded at this price on both Coinbase and Uniswap, the two exchanges used by Compound’s oracle. This resulted in more than $50 million in unfair liquidations.
However, by leveraging Chainlink’s Price Feeds, BENQI will be able to fend off any potential price manipulation – both natural or artificial. The first few price feeds to be consumed include AVAX/USD, LINK/USD, ETH/USD, wBTC/USD, USDT/USD and DAI/USD, with more expected to be added later on thanks to Chainlink’s flexible framework.
About Chainlink Price Feeds
For the uninitiated, Chainlink’s Price Feeds are aggregated from hundreds of sources and reviewed by Chainlink Nodes which ensure the average reading is not impacted by significant outliers. The fact that Chainlink Price Feeds source data on all available liquidity in the cryptocurrency ecosystem would make it near impossible or at least prohibitively expensive for anyone to conduct a market manipulation attack on the BENQI protocol.
“Price oracles are one of the most often overlooked yet extremely important elements within decentralized protocols,” said Hannu Kuusi, Co-Founder BENQI. “After internal research and discussions, we decided to go with the industry standard oracle network, which is already securing billions of dollars within decentralized financial applications alone. Having Chainlink secure our price feeds, we have an added confidence in the security and health of our protocol.”
BENQI’s integration with Chainlink sits in line with its vision of building open and regulatory compliant dApps on Avalanche and future Avalanche subnets. Moreover, the rapid growth of the Chainlink Network and its very liquid presence in the wider crypto markets and smart contract economy means LINK will be one of the first few pools open at the launch of the BENQI protocol.
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