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Recently chatting in the circle, I found that many people are considering entering Web3 jobs. Indeed, remote work, high salaries, free travel... Just thinking about it is exciting. Writing code at the foot of snowy mountains, holding meetings by Erhai Lake—these dreams seem truly achievable in Web3.
But I must be honest, behind this freedom lie many pitfalls. Many only see the glamorous exterior of high pay and remote work, ignoring the two big mountains of legal risks and lack of protections.
Let's start with the most practical issue. Job hunting in Web3 is completely different from traditional industries because projects are often dispersed around the world. The boss might be in Singapore, the project team in the Cayman Islands—if something goes wrong, they can walk away unscathed, but you, as an employee, might become the scapegoat. Even more serious, if the project involves criminal issues, the money you earn could be deemed illegal income and confiscated directly, and you might face legal sanctions. At that point, no matter how high the salary is, it’s useless.
Therefore, before working in Web3, the ability to identify legitimate projects is more important than the monthly salary. I’ve seen too many people blinded by the "pie in the sky" high salaries. Remember, income is often an objective evaluation of your ability by the market. If you lack informational advantages and capability advantages but suddenly get an unexpectedly high salary, you should be cautious.
Regarding specific red lines, there are several types of projects you must stay away from. Cryptocurrency-related businesses are the most dangerous—any exchanges, payment services, token models that target domestic users could be classified as illegal financial activities, with risks skyrocketing. Technical personnel should pay special attention; writing code itself isn’t wrong, but never participate in developing illegal scenarios like coin mixers or gambling platforms. Also, marketing and promotion roles—these are the most sought-after Web3 jobs in 2024, but also the riskiest—if the project you promote involves scams or Ponzi schemes, you could be considered an accomplice. The JPEX case in Hong Kong is a lesson—several KOLs were directly arrested for promoting illegal platforms.
Ultimately, working in Web3 is like a gold rush in the digital age—full of opportunities and traps. There’s no absolute right answer; every decision must be made by yourself. My advice is, while chasing high salaries and freedom, always prioritize compliance risks. Only by steady and compliant actions can you truly go further in the wave of Web3. I hope you find a job opportunity in this field that is both safe and satisfying.