BlockchainWork, a leading blockchain talent community in Vietnam, has successfully closed its seed funding round, raising a total of $87.000 USD, exceeding original plan. This achievement comes amidst a challenging fundraising winter, making the investment even more significant. The funding round saw participation from strategic investors, including entrepreneurs, software engineers, finance professionals, and management experts from Japan.
The raised capital will be invested in developing and expanding Vietnam’s blockchain-web3 talent ecosystem of BlockchainWork. Specifically, BlockchainWork will focus on:
- Scaling High-Quality Talent Pool: Expanding its database of high-quality blockchain-web3 candidates and developing specialized industry reports.
- Strategic Partnerships: Collaborating with educational institutions, associations, enterprises, and investors to create a thriving blockchain-Web3 ecosystem in Vietnam.
- Platform Enhancement: Optimizing the user experience and features on the blockchainwork.net platform to better serve the connection needs of enterprises and candidates in the industry.
Addressing the Billion-Dollar Blockchain Industry’s Talent Shortage
According to a 2024 MarketsandMarkets report, the global blockchain market is projected to grow from $20,1 billion in 2024 to $248,9 billion by 2029, with a CAGR of 65,5%. Vietnam is emerging as a key player in Southeast Asia, boasting a strong tech talent pool, high cryptocurrency adoption rates, and world-class blockchain gaming and fintech projects. However, the rapid growth of the blockchain-web3 industry is hindered by a chronic shortage of skilled professionals. The cost of recruiting and training new talent poses a significant challenge for both startups and established corporations in the industry. Salaries in the blockchain sector are often 1,5 to 3 times higher than the average IT industry, making talent acquisition expensive and scarce, thus limiting the industry’s growth.
BlockchainWork: Pioneering Blockchain Talent Community
Recognizing the inevitable growth trend of blockchain-web3 and the demand for skilled talent, BlockchainWork was founded in 2021 by a visionary team led by CEO Lê Ngọc Mỹ Tiên, leading co-founder Eiji Shioda, co-founder Koichiro Abe, and strategic advisor Phan Trung Hiếu.
BlockchainWork operate a platform called “blockchainwork.net” connecting specialized blockchain-web3 job opportunities for free, offering unique value to both businesses and job seekers:
- For Employers: Optimizing cost-efficiency by accessing a diverse pool of blockchain talents with practical experience, research skills, and international work experience. BlockchainWork also support consulting employer branding and community development for companies and startup in the field.
- For Job Seekers: A one-stop platform to explore exciting career opportunities in the blockchain-web3 industry. Additionally, BlockchainWork provides valuable resources and community support to help individuals stay ahead in this fast-paced environment.
- For the Blockchain-Web3 Community: BlockchainWork provides in-depth information about the blockchain-web3 industry, market trend reports, and fosters community development through events and strategic partnerships with industry leaders.
We have already signed partnerships with over eight Vietnamese educational institutions. From early days, we have also spoken at many blockchain-related events and run the media “insider.blockchainwork.net” that reports on the latest blockchain-related trends.
Vision to Lead the Blockchain Talent Community in Vietnam
This funding round marks a significant milestone for BlockchainWork. With the support of experts and strategic investors, the company is positioning itself as a leading community for developing blockchain-web3 talents in Vietnam.
CEO Lê Ngọc Mỹ Tiên shared, “I believe that an industry can only thrive when its people thrive. It’s only in this era that we witness the convergence of two critical factors: the rapid development of the blockchain-web3 industry and the abundance of young tech talent in Vietnam and Southeast Asia. Blockchain and Web3 are still in their infancy. Early birds will catch the best sunrise. With a focus on building a comprehensive database of blockchain-web3 talent, providing quality connection solutions, and fostering a mutually supportive community, BlockchainWork is committed to promoting practical applications and shaping the future of the blockchain-web3 industry in Vietnam and beyond.”
Contact:
Website: https://blockchainwork.net/
Blockchain-web3 industry portal: https://insider.blockchainwork.net/
PR Cooperation: contact@blockchainwork.net
Investment Inquiries: investment@blockchainwork.net
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Diligent Reader journalist was involved in the writing and production of this article.