Transitioning Programmers to Web3: How to Determine if a Position is Reliable and Avoid Pitfalls?

In the past year, more and more professionals from traditional fields such as financial technology, payment industry, and data services have begun to pay attention to the Web3 industry. Among them are front-line backend developers, as well as senior engineers responsible for architecture design; product managers who drive business implementation, and technical leaders responsible for system iteration. Most of these individuals have accumulated years of experience in their original fields, but at a certain stage of their career development, they have started to show interest in the emerging Web3 industry. This interest is not impulsive, but rather stems from their perception of the limitations of their current career paths, while Web3 seems to offer another possibility.

Transforming into Web3 as a New Choice

In the past two years, Web3 has gradually shifted from a concept to actual job demands. As the number of job postings rises, the profile of talent and hiring needs have also become clearer. The advancement of policies and industries is accelerating, with Hong Kong continuously issuing licenses for virtual asset service providers, and some large enterprises beginning to explore new fields such as stablecoins and RWA. More and more domestic tech teams are choosing to "go overseas," establishing project entities in places like Singapore and Dubai. These changes have brought a wealth of job opportunities in technology, product, compliance, and marketing to the Web3 industry.

On the other hand, in traditional industries, a group of experienced professionals is facing a "career transition window period." Some are feeling the uncertainty brought by technological iterations and platform strategy adjustments, some have lost enthusiasm for repetitive product forms and business models, and others are contemplating how to find a new balance between income, lifestyle, and technological accumulation. Concepts such as "decentralization," "remote work," and "coin-based income" are starting to appear in more people's horizons.

The Web3 industry does provide a new career path. However, for individuals, whether it is an opportunity or a risk requires careful consideration.

Case Analysis: Behind High-Paying Positions

A product manager with nearly ten years of experience in the payment industry received an offer from a Web3 exchange, with a monthly salary of 90,000, settled in U, the platform is based in Singapore, and it is a remote position. The position is "Head of Trading Products," primarily responsible for the product design of the matching engine, order management system, clearing rules, and trading risk control logic. The tech stack and system architecture are similar to his previous work.

This opportunity sounds very attractive, but it also raises some questions: what is the legality of such platforms in the country? Are there legal risks associated with remote work? This reflects the common concerns of many who are preparing to transition to Web3.

General Anxiety of Professionals

In recent years, many professionals from backgrounds in fintech, payment systems, internet brokerages, and bank IT have started to pay attention to Web3. They generally possess stable technical and product capabilities, and are accustomed to complex systems and cross-border projects. However, in the current industry cycle, many feel a bottleneck in their career development: projects are becoming repetitive, work content is standardized, promotion opportunities are limited, and organizations are shifting from expansion to contraction.

Web3 was initially just a strange term, gradually appearing on recruitment platforms and in social circles. Some started looking for new directions due to difficulties in their careers, some were attracted by the freedom of remote work, and others learned about this industry through recommendations from friends. Their motivations are varied: some are concerned about the stability of middle-level positions, some hope to gain more influence, and some yearn for a new work-life style.

For independent developers, the appeal of Web3 is more direct: diverse projects, innovative technology, clear tasks, and the ability to participate in multiple collaborations at the same time, exchanging code quality for income. This level of freedom is hard to imagine in traditional industries.

But before the real transformation, many people will face some key questions: How to enter? Is remote collaboration suitable for them? Is now the best time? They need more insights from within the industry to make a judgment.

Key Considerations Before Transformation

For programmers, before entering Web3, there are several aspects to consider:

• The transferability of past technological capabilities
• Do you need to learn the basic skills of on-chain development such as Solidity, wallet interaction, and contract deployment (
• Is your English proficiency sufficient to handle an all-English work environment?
• The security and compliance of cross-border payroll settlement

However, there are some potential legal risks that are more concealed. In a real case, a back-end development engineer was involved in a criminal case due to a lack of compliance awareness while holding a core technical position at a Web3 trading platform. He did not realize that even if the platform is overseas, as long as he works domestically and can access back-end data, he may fall under domestic jurisdiction. He also failed to analyze whether the platform's trading logic posed any risks and was unaware of the company's promotional strategies and the compliance boundaries of the system. As the technical lead, he was even unclear whether the platform had truly implemented anti-money laundering mechanisms and identity verification.

Conclusion

The Web3 industry indeed offers different opportunities: more flexible working methods and higher income potential. It attracts developers who are tired of the traditional workplace pace and also sparks the interest of professionals sensitive to new technologies and models.

However, the fast pace of this industry, unclear regulations, and vague boundaries of responsibility also present challenges. Before making a transformation decision, it is essential to carefully assess whether one is truly prepared to face these unknowns and risks.

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