Crypto startups seem to be increasingly attracting and winning over Silicon Valley professionals.
The number of executives and specialized engineers leaving global giants Twitter, Amazon, Meta, and other companies to get rich in the cryptocurrency industry continues to grow.
Crypto startups and Silicon Valley professionals
The number of Silicon Valley professionals leaving global giants to get rich in the cryptocurrency industry is overgrowing.
Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto. https://t.co/apksOZ5sJG
— The New York Times (@nytimes) December 20, 2021
“Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.”
It’s about creating real cryptocurrency startups involving and winning over more and more Silicon Valley experts.
Among the most recent is the case of Unstoppable Domains, the crypto startup that has become a leader for self-sovereign identity on Web3, which earlier this month hired Sandy Carter, vice president of Amazon’s cloud-computing unit.
Carter, who became senior vice president of business development at Unstoppable Domains, said the following:
“Throughout my career, I’ve always sought to lead at the forefront of cutting-edge technology. It’s clear to me that crypto, NFTs, and Web3 are the future, and that Unstoppable Domains is building the tools to accelerate global adoption.We’re at a key moment in history as blockchain technology takes off, and I’m excited to roll up my sleeves and get to work building a team, forging new partnerships, and taking Unstoppable Domains to the next level. Receiving a Lazy Lion NFT as my signing bonus was icing on the cake!”
The irresistible allure of cryptocurrency startups
Also, earlier this month, Brian Roberts, former CFO of Lyft, reported that he had been hired as the new CFO by OpenSea, the most popular NFT marketplace at the time.
The news would later lead cryptocurrency users to turn up their noses when it was disclosed that Roberts’ involvement was to create an OpenSea IPO instead of launching a token of his own.
Even in the companies behind the world’s most popular social networks, like Meta (formerly Facebook) and Twitter, some leading names have stepped down from their important roles.
David Marcus, one of the top executives at Meta Platform Inc (formerly Facebook), the co-creator of the digital currency Diem (formerly Libra), and the wallet Novi said he would be leaving the company by the end of the month, after a good seven years.
But while Marcus didn’t make any statements about his future, Twitter co-founder Jack Dorsey who also resigned from the social network, said that now he can have more time to devote to all those Bitcoin-related projects that he has been following for years.
Celebrity interest in NFTs
The crypto sector is evolving, and if crypto startups are conquering Silicon Valley in 2021, Non-Fungible Tokens (NFTs) fascinate and involve more and more celebrities.
That’s the case of the wife of the former American President, Melania Trump, who just last week posted on Twitter the launch of her first NFT “Melania’s Vision” or in Italy, the well-known actor Luca Argentero who declared to be a collector of NFTs, together with the famous singer Cesare Cremonini.
The Cryptonomist, in collaboration with ArtRights, is also in the thick of the industry with the launch of the NFT series dedicated to Cryppo. Just today, at 18:00 CET, on OpenSea will take place the public sale, after yesterday’s private sale that saw traded more than 50 ETH in a few hours.