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Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters

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Hey hey hey, Welcome to the Newsletter!! The Newsletter that Keeps you updated with Web3

We explain the Top News in Web3 in about 100 words

Highlights of the NewsletterBullish News: Crypto winter? DeFi, Metaverse, and NFT job market still hot — RecruitersBearish News: Crypto.com Ditches $495 Million Sponsorship Deal With Champions League Soccer: ReportJob Opportunities: Hiring discord chattersLearn: What is Web3?Smile:The Memes and the personality of the Bull

First off, What are the Top News in the Web3 Space

Crypto.com Ditches $495 Million Sponsorship Deal With Champions League Soccer: Report

The deal was reportedly going to run for five seasons and would have cost the crypto exchange roughly 100 million euros per season, or $99 million a year.

UEFA had been sponsored by Russian natural gas company Gazprom, a deal the league canceled in March following Russia’s invasion of Ukraine.

UEFA has plenty of other existing sponsors, including Lay's, Heineken, Mastercard, Fedex, and Sony PlayStation. Crypto.com has been mired in layoffs, with a first round back in June and a larger, second round of layoffs this month.

The Bulls take: Crypto.com is falling apart

Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters

The search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms.

The majority of staff cuts in the crypto market have been from centralized exchanges, most notably the 18% staff cut at Coinbase in June, 10% cuts at Gemini in July, and the 5% cut at Crypto.com.

Despite this, there is “still a great deal of demand” for crypto job seekers to get work with “Game-Fi, Metaverse, De-Fi and NFT-oriented companies”

The Bulls take: Goo after those jobs!!

Read More short less than 100 Words articles at onchainbuzz.com

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What is Web3?