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Web3 Staffing: Cost Efficient Hiring for Blockchain Startups
By Hyphen Connect Team on August 9, 2024

Web3 Staffing: Cost Efficient Hiring for Blockchain Startups

The Problem with Web3 Startups

Labor is the largest cost for most web3 teams. That’s just the nature of our industry. Yet, most web3 startups make the mistake of not laying out their staffing and hiring strategy early, and end up paying thousands of dollars in compound interest from hiring mistakes and inefficiencies.

From our experience helping web3 businesses fix their hiring procedure, 90% of web3 startups make the following mistakes:

  • Relying solely on job ads for recruitment
  • Hiring remotely, without proper screening and background checks
  • Negotiating poorly, without the support of market data and research
  • Expecting a small local HR team to find top performing talent for cheap, without any support from professional recruiters

There’s nothing wrong with trying to hire on your own - you might even do a great job and find some really talented people to join your team. But if you feel like you’ve already made a few hiring mistakes along the way, or that your job ads just never seem to reach the right people, it might be time to look externally for help.

Web3 Talent Hunting Is Not Easy

So, why get help from professional web3 recruiters? 

Well, professional recruitment teams simply have better access to the web3 talent pool than you do. You can ask your HR manager to search for a candidate on LinkedIn, use certain filters to narrow down certain skill sets, or even spend a decent amount of money on job ads - but you just won’t reach the same caliber of web3 talent as consistently as we do. 

At Hyphen Connect, for example, we have over 20,000 followers on LinkedIn and are constantly monitoring channels such as Twitter, Reddit, Github, and discord for hidden talent in niche sectors. We know what skills are actually relevant when you say “EVM experience”, or what actually counts as “strong experience with dApps and DAO”. By the time you find one suitable profile on LinkedIn or Twitter and send them an invite for a quick call, we already have a shortlist of candidates with their resumes ready for you to consider.

Hiring Remote Talent Can Get Messy

Nobody loves remote talent as much as the web3 industry. Yes, it’s cost-effective and it gets the work done, but things can also get very tricky if you’re hiring outside your country for the first time. 

Different candidates from different countries all have different salary expectations, follow different labor laws and tax regulations, and require different levels of background checks for their credentials. Overpaying someone who exaggerated their qualifications is one thing, running into legal trouble or significant financial losses for a hiring mistake is quite another.

Working with a professional web3 staffing consultant ensures that no mistakes are made while recruiting remotely. The Hyphen Connect team, for example, conducts preliminary interviews and sends out offers to candidates in Asia, Europe, the Middle-East, North America, and other parts of the world on a daily basis. We are not any smarter than your HR team or hiring manager - we just have more concrete data and insights on regional salaries, qualifications, and regulations to help negotiate a better deal for your company.

Don’t Underestimate The Workload

Founding a new company is a lot of work. You really don’t need to add to it by drafting every job ad, offer, and employment contract from scratch, or screening hundreds of resumes in your free time.

With Hyphen Connect’s web3 staffing service, we carry you through the entire process of recruitment, including all the resume screening, preliminary interview, and paperwork in between. No matter if you’re building a team mixed with local and remote talent, or managing your costs with a mix of full time, part time, freelance, and temporary contracts, working with an experienced web3 staffing expert will save you a ton of time on administrative tasks.

Hyphen Connect’s Web3 Staffing Solution

Unlike traditional recruitment consultancies, Hyphen Connect focuses exclusively in the web3 and AI sectors and has more industry-specific resources to make your web3 staffing a breeze.

We Have a Global Talent Network

We mainly focus on talent based in the United States, Canada, Australia, Asia, and Europe, but also can expand our search to any corner of the world in order to find you the perfect combination of skills and experience.

We Work with Top Performers Across Web2 and Web3 Sectors

From seasoned pros in DeFi, GameFi, Metaverse, and NFT to top performers in Finance, Retail, Tech, Academic Research, and other traditional industries. Name any skill you need, and we’ll name the best candidate within your budget.

We Combine Traditional and New Sourcing Methods

The best talent isn't always going to be found on LinkedIn. We keep an eye out for top experts on niche web3 topics by monitoring platforms such as GitHub and utilize our connections with industry leaders for referrals on highly specialized talent.

We Provide Expert Support, Every Step of The Way

Customize your RPO (Recruitment Process Outsourcing) service flexibly, based on your needs. Whether you just need us to support your HR team with talent outreach, or need us to handle the entire hiring process from job ads to contracting, anything is possible with Hyphen Connect.

Book a Free 30 Minute Consultation

We’ve built engineering and marketing teams for layer2 rollups, DeFi protocols, and a broad array of web3 startups. Book a free 30 minute call with Hyphen Connect’s experienced recruiters and see if we fit your needs.

1. Free Consultation, Free of Charge

Jump on a call to discuss your goals and budget. We’ll give you an initial assessment on costs, estimated hiring timeline, and scope of work, so you know what to expect.

2. See What’s On The Table

Take some time to assess what kind of package you need from us. If you just need us for a one-off headhunting, pay nothing until you hire and onboard the candidate we found.

3. Finish Hiring in As Little As 21 Days

Urgently need to fill a role? We’ll try to beat our own record of doing it in 21 days. If you want to search slowly, interview more candidates, and take your time to make a decision, even better.

Fill in some basic information at the end of this page, and a Hyphen Connect recruitment specialist will get in touch with you shortly.

About Hyphen Connect

Hyphen Connect is a recruitment and staffing consultant focused on helping AI and web3 businesses find the best talent and build the best team. When we are not too busy helping companies hunt down the world’s best talents, we love to share tips on recruitment, staffing, and career advancement.

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IN THIS ARTICLE
Web3 Staffing: Cost Efficient Hiring for Blockchain Startups
The Problem with Web3 Startups
Web3 Talent Hunting Is Not Easy
Hiring Remote Talent Can Get Messy
Don’t Underestimate The Workload
Hyphen Connect’s Web3 Staffing Solution
Book a Free 30 Minute Consultation
About Hyphen Connect
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