fbpx
Connect with us

NFT & web3

Web3 and Its Role in the Workplace of the Future

Published

on

web3 and work

You may be asking yourself, what is Web3?  Many others are asking the same question.  Every month, online searches for “Web3” average nearly 200,000 queries in the United States alone.  Before Web3, there was Web1 and Web2.  Web1 consists of read-only information, and Web2 exists as a digital hierarchy regulated by big business.  Web3 is intended to decentralize online spaces for everyone; a global interest in self-sovereignty is fueling the charge. 

 

Web3 is closer than we realize.  Technology has made rapid developments over the past decades.  This includes developments for Web3 solutions.  In 2021, over 30,000 developers worked on an open source Web3 project; this was the highest number in history.  Currently, 18,000 developers are still actively contributing to the project, which includes blockchain, decentralized social media, web token technology, and API3. 

 

How People Interact in Web3

Now more than ever, people are engaging with these new Web3 technologies.  Over 15% of Americans have invested in some form of crypto, and more than 18,000 global businesses accept cryptocurrencies as a payment method.  Additionally, more than 100 million people worldwide now use crypto exchanges.  Web3 is large and continuing to grow.  Currently, the total crypto market cap is worth $873.07 billion, and the global metaverse may be worth $13 trillion by 2030.  Thus far, almost $4.5 billion has been pledged to Web3 ventures.

 

Not only does Web3 have a great capacity for growth, but new technologies also lead to new digital job roles.  In Web2, 85% of people hate their jobs.  New digital roles including full-stack developers, technologists, and data scientists, are in high demand. Most notably, full-stack developers have had a 141% increase in demand.  In our current economy, independent work generates more revenue than wage and salaried workers.  Work flexibility sparks new ideas. Now more people are getting that opportunity; over 4 million people work remotely. 

In Conclusion

So, how does Web3 integrate?  Web3 enables the self-sovereign worker.  By 2028, there will be 90 million self-employed workers.  The deregulation spearheaded by Web3 is empowering workers to step forward.  This can be seen in the labor shifts in 2021; 2 in 3 people quit their jobs in 2021 because of greater opportunities.  More people are turning to self-employment than ever before. 

 

This Web3 future of work allows you to source independent employment benefits, including health, dental, and vision insurance.  You can also manage cash flow to accommodate vacations and holidays.  It provides access to shared business services like payroll compliance, integrated partners with discounts, and automated payroll with semi-monthly USD or crypto.  In the end, it helps you streamline your transition to the sovereign work Web3 allows. 

Brian Wallace is the Founder and President of NowSourcing, an industry leading content marketing agency that makes the world's ideas simple, visual, and influential. Brian has been named a Google Small Business Advisor for 2016-present and joined the SXSW Advisory Board in 2019-present.

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.