4 tips to break into the NFT space and build your career
The Crypto space, and specifically NFTs have been getting a lot of attention lately. What are NFTs? NFT stands for non-fungible token — in other words, a token that is unique and not interchangeable. This kind of token is like Bitcoin. The difference is while you can trade Bitcoin and have more of the same thing that represents real money at a varying market value, each NFT is unique.
So now that you know what NFTs are let’s dig into how you can pivot your career to enter into this growing sector. Changing industries is never easy, and you will need the right guidance and direction to make it happen. Fortunately, our team has helped hundreds of professionals change careers and they’ve put together some tips to help you get your foot in the NFT door.
1) Map out who the key players are in the space
Be sure to keep up with their movement. Considering that this is such a new space, you have to look at who the original pioneers were and how they got started. If you hope to enter into the NFT space and you haven’t heard of OpenSea, I suggest you fix that.
2) Rest easy, no one is an expert yet.
There was a time when nobody knew what NFTs were, so anyone currently in the space didn’t start there. Identify the key people in the NFT space and look at their work history. What were they doing before they made the move? What were their skills? Do they align with yours? Answering these questions will give you a blueprint of a proven way to enter the NFT space. Be sure to leverage your network here and tap into any warm contacts you may have.
3) Let’s say you already made the jump, how do you remain relevant?
In a space that is evolving as quickly as Crypto, it’s hard to say what will help you stay in the know. After all, 3 years ago Bitcoin seemed like an alien concept and now you have some of the largest corporations in the world embracing it. Like any other fast-moving space, the key to staying ahead of the curve is to keep moving forward. Monitor your competitors and see how the market is adapting. You can’t sit around and wait in a space that is getting as much attention as the 1800’s Gold Rush. Being an early adopter may net you some temporary advantages, but people will catch up.
4) Establish yourself as an expert in the space.
Research research research. If there is a question, you need to know the answer or be able to learn it quickly. Right now the attention is on NFTs as a whole, rather than on individuals in the space. Getting your name out there now will pay off massive dividends in the future when companies are looking for experts to add to their networks.
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George is the CEO & Co-Founder of The Suite. He founded The Suite in order to fundamentally change the way executives manage their careers. Prior to founding The Suite in 2019, George spent several years in the executive recruiting space where he was fortunate enough to advise some of the world's leading VC & PE backed businesses on talent.