DAO, or decentralized autonomous organizations, are said to be a good training ground for clever job seekers looking for an alternative road to the best financial and crypto careers.
According to a Bloomberg study, cryptocurrency is rewriting the script on the path to Wall Street and a high-paying job by allowing job seekers to work on projects to sharpen their talents. Working for a DAO, which allows workers to claim bounties for doing ad hoc activities like coding and marketing. That’s, in comparison to traditional internships, according to the paper.
Unlike highly sought-after internships, DAO allows anyone to volunteer for the project, allowing them to develop a portfolio of work.
According to the study, DAO employees are building their reputations based on their previous work. Thereby, opening the path for higher-paying and more lucrative projects in the future.
Dan Hepworth, a 21-year-old recent graduate working on a DAO with pals. Then, terms the process as “extremely meritocratic,” noting that it did not necessitate a lengthy job application.
He told Bloomberg,
“Too many people go into finance and banking and aren’t really adding value,”
“when you can add value by creating something new.”
Hepworth, who graduated from Duke University with a degree in computer science and finance. Then, has eschewed the typical Wall Street path in favor of working for a software business and developing
“interesting crypto stuff.”
As a side gig, he builds smart contracts using a DAO. Of course, which he views as a fantastic way to hone his talents and establish his credentials in the sector.
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