A month ago, Monad raised $225 million with the promise of a high-throughput Ethereum-compatible layer 1 blockchain. The company is currently using the funds for employment purposes.
Kevin Canlas announced that he has joined Protocol as a Senior Designer. Canlas has experience working with the NFT collection Isekai Meta and Smart Contracts in similar roles at his security company Cyfrin.
At Monad, Canlas will “lead the internal design and help startups build on top of the Monad ecosystem,” he told X.
read more: Paradigm leads $225 million round in high-throughput blockchain Monad
Also this week, SungMo Park joined Monad as Head of APAC and Head of Korea. Mr. Park previously worked at Polygon Labs for nearly two years, where he was head of business for Asia Pacific and Korea.
Park also told X that this will be Monad's first hire in the APAC region.
Hear details: Monad: Unlocking parallel execution in EVM
Monad hasn't finished recruiting yet either. Charlie Noyes, Monad’s lead investor Paradigm, has advertised the opening of a Senior Researcher in Crypto Economics for the protocol. Monad currently has a total of 12 job postings, primarily in the engineering sector.
Mini Q&A: What crypto companies are looking for
Blockworks spoke with Stephen Moskowitz, founder and managing partner of Web3 recruiting firm Pyxis, about his recent observations on the crypto labor market.
Continue reading excerpts from Blockworks' interview with Moskowitz, edited for brevity and clarity.
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Blockworks: What roles are most in demand right now?
Moskowitz: Currently, almost every company in the cryptocurrency industry has a marketing officer or [chief marketing officer], there is a huge supply and demand imbalance. There is simply a lack of crypto-native marketing talent.
What I'm seeing is that there's a lot of title inflation in the crypto industry, so people can walk into a job with the title of head of marketing, and end up with marketing manager, marketing leader, etc. This means that we will be hiring people for these types of jobs. Maybe they have a few years of experience and may even be more crypto-native, like someone who worked in marketing for a few years out of school.
I think these people will be the next talent to emerge as opposed to Web2 seniors moving to Web3. Maybe he doesn't need native talent at the CMO level, but he's more like a tweeter. [individual contributor]-I think it has to be junior talent to step up to more senior titles because there aren't enough of these guys in the -level roles.
Other notable recruitment news
- Wyatt Lonergan, head of Circle Ventures, has left the company.
- Jack Melnick, head of DeFi at Polygon Labs, has announced that he has left the company.
- Elisha Aswani has left her growth role at Binance.
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