Bitget, a leading Universal Exchange (UEX), has released its Web3 Next-Gen Talent Intelligence Report. The study surveyed aspiring and early-career professionals across multiple regions and found that hiring barriers are one of the industry's biggest workforce challenges.
The report highlights that while Web3 continues attracting highly educated talent, many candidates remain unable to secure their first role. More than 54% of respondents identified prior experience requirements for junior positions as the biggest obstacle to entering the industry, while 52% said their education provided theoretical knowledge but lacked practical, job-ready skills.
The report concludes that the sector faces a talent access challenge instead of a talent shortage, with many qualified candidates struggling to gain the experience needed to enter the industry. It also emphasizes the importance of emerging markets in shaping the future of the Web3 workforce, with Nigeria, Indonesia, and China accounting for nearly half of all respondents.
Bitget's CEO Gracy Chen noted that 'the industry has succeeded in attracting talent globally' but 'the challenge now is converting talent into employment.' The report suggests that closing this gap will be critical for the next phase of industry growth, requiring stronger collaboration between educational institutions, employers, and industry participants.