The craze for cryptocurrencies in the past year has affected not only users but also investors. Thousands of developers and top managers are leaving their warm position at Google, Meta, Amazon, and other large companies in an attempt to quickly earn their billions with cryptocurrency. They say they see a “unique” once-in-a-lifetime opportunity.
So, a few weeks ago, Sandy Carter quit her job as vice president of Amazon’s cloud computing division. And she announced on LinkedIn that she was joining a company developing another service with NFT on the blockchain. She added a link to their open vacancies in her post.
Within two days, she said, more than 350 developers—many of the Valley’s largest companies—followed the link and applied for jobs at her firm, Unstoppable Domains. What they didn’t know about the startup was that it wanted to sell website addresses somehow recorded on the blockchain. “These are not just traditional domains, these are domains with superpowers!” they say about themselves.
Sandy Carter was very surprised by this response from the developers:
It’s kind of the perfect storm. The momentum that we have seen in this area in recent months is simply incredible.
Carter and her 350 candidates are part of a new wave of CEOs and engineers leaving their comfortable jobs at big tech companies. Some of them receive millions of dollars annually. But they still believe that they will get more if they leave now. The industry is just crazy about the money. 2021 has become the most successful year in history for new crypto businessmen. In 2020, $3.1 billion was invested in crypto startups. In the first 10 months of 2021, already $21.3 billion. Over six times more.