The Ultimate Guide to Hiring NFT Engineers: What to Remember Pt. 1
The hype around NFTs has been booming, and with its tremendous growth over the past few years, more and more people are becoming more interested in obtaining these digital assets. In 2021 alone, the market passed the $40 billion mark, making it an extremely fast-growing market globally.
But with the rise of demand, more companies are looking to expand their team to help cater to the growth. But, like any process, there are many factors that you need to consider when building a team.
For this reason, many business leaders are looking into getting IT staffing solutions to help them build a solid team and hire qualified candidates to help them with their NFT needs.
So, if you’re looking for ways to hire the best candidates, you’ve come to the right place. In the first part of this article, we’ll share with you the basics of NFT and a quick description of how your job post should look so you can attract the right individuals who can help make your business the leader in the industry.
What is NFT?
NFT stands for Non-Fungible Tokens. It is a blockchain-based technology platform that allows individuals to purchase, sell, or trade a unique digital asset in a secure peer-to-peer exchange. The NFTs can be easily used to create unique and individualized assets.
This bold new technology introduced the idea of a decentralized system of data storage, transactions, and applications, which helped support the rise of cryptocurrencies.
If we think about it, blockchain technology is a digital ledger system that allows us to store data, make transactions, and create applications for various uses. It’s basically a centralized database that is more transparent, secure, and efficient.
The Different Blockchains Used by NFT Developers and the Skills Needed
As we mentioned earlier, the blockchain is responsible for storing the data transactions and creating applications for each NFT. However, blockchain technology is not limited to just one.
Ethereum has become one of the most preferred blockchains for developers to create tokens and other applications in the NFT space in the past few years. However, while it has a large number of users and developers, this blockchain is less scalable than its competitors. One of the most popular tokens is ERC-721, next is ERC-1155, and then finally, EIP-2309.
As for the skills needed, here are some to keep in mind:
- Understands Cryptography: If you want to become a NFT developer, then you need to be extremely familiar with cryptography and programming languages. Understanding cryptography is very important in order to understand NFT.
- Knowledge with Web Development: NFT development is becoming more and more popular, and with this trend, developers are looking for different ways to help them expand their knowledge in the industry. Web development is a killer skill that you should have if you want to make a career out of NFT development.
- ERC-721 Token Familiarity: ERC-721 is a standard that helps developers create non-fungible tokens, and it has the ability to be traded on blockchains. If you want to explore this technology, then you need to be familiar with ERC-721.
- Should be Familiar with Cadence: Cadence is a blockchain development framework for creating NFT tokens and applications. It’s used to build NFT-based smart contracts and websites.
The Bottom Line: Get IT Staffing Solutions to Help Build Your Team
Hiring NFT engineers is a complex process that requires a lot of time and effort, especially if you’re not an expert in blockchain technology and languages.
In order to ensure the success of your business, then you need to turn to experts in the industry, such as IT staffing and recruiting agencies.
How Can We Help You?
If you want to grow your team, you should connect with a reputable IT staffing agency.
Technical Paradigm provides excellent recruiting-as-a-service to help you fill essential IT roles. We work with businesses of different sizes — from startups to large corporations alike. Build your team with us today!