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Report: Best cities for a career in crypto, NFTs and metaverse

source-logo  en.cryptonomist.ch 03 April 2022 04:41, UTC

A few days ago, gambling company MrQ compiled a report on the world’s best cities for a career in crypto, NFTs and metaverse. The analysis involved parameters such as average salary, number of job vacancies and number of related businesses, as well as average download speed.

MrQ report reveals the best global cities for crypto, NFTs and metaverse

The crypto industry is booming thanks in part to the NFT and Metaverse sectors that continue to emerge and grow, predicting a bright future for this industry and those who obviously work in it. 

That’s why MrQ analyzed multiple parameters to find out which are the best cities in the world to pursue a career precisely in the crypto, NFT and metaverse industries. 

“We analyzed the largest global cities around the world to determine the best ones for a career in NFTs, Crypto and Metaverse. By looking at average salary, number of job vacancies and number of companies in these fields, as well as average download speed, the study reveals the best locations for a career in these three extremely exciting sectors”.

NFT careers: Singapore in first place, followed by London 

NFT career data

In the Non-Fungible Token sector, which exploded in 2021, Singapore appears to be the best city in the world to work in, resulting with the second highest number of NFT jobs combined with the number of businesses related to NFT, Crypto and the metaverse. 

Not only that, in Singapore the average annual salary for this job is also the sixth best in the world, with an impressive $66,050. 

Next is London, with its annual salary being even better than Singapore, at $77,400.

In terms of the highest paid cities for an NFT career, Sydney and Melbourne have salaries of over $93,877 and $82,096 respectively. In Europe, on the other hand, Amsterdam, London and Hamburg are the cities to move to if you want to earn significantly in the NFT industry, with salaries of $77,865, $77,400 and $75,377, respectively.

Looking at the ranking in reverse there are Colombia, Portugal, Mexico and the United Arab Emirates which are the worst paid for a career in NFTs. 

Crypto and metaverse: the best cities in the world for a career

And if a career in the crypto sector were the object of study, the history to be examined spans 14 years, with the invention of Bitcoin in 2008. Well in this case, it is the United States that seems to dominate the ranking of the best cities in the world, with Denver at the top. 

Crypto career data

Then again, the US is also home to Mark Zuckerberg who renamed his global Facebook business to Meta Platforms in October 2021, claiming he wants to develop in the metaverse. But it seems that the new dimension has not been confined to the United States. 

In fact, when it comes to the metaverse, Singapore, London and Hong Kong occupy the top three positions as the best locations to pursue a career in this sector. 

Metaverse career data

All three locations host the most job openings, with London coming in first place with 332, which is more than double the number of Singapore coming in second with 149.

Surprisingly, Mexico City tops all other locations analyzed with an average annual earning potential of $317,332, followed by Sydney with $96,608 and Melbourne in third with $92,052. 

Gen Z and their increasingly tech-savvy habits

Recently, Thunes also revealed in its report the living, buying and financial habits of the most digitally savvy, Gen Z, the most populous generation on the globe. 

Gen Z is the most populous generation on the planet. It is the 16-24 year olds who do not know life without internet and smartphones, and who seem to be forcing the change in society in favour of technology. 

In fact, Gen Z is increasingly involved in social media, both for everyday life, but also for shopping and, in some cases, even for earning money. Not only that, the report revealed that as a method of payment, Zoomers prefer mobile wallets to traditional bank accounts and cash. 

en.cryptonomist.ch