The global market is going through a bearish phase and the results are easily visible in the form of economic slowdown. Investors are not interested in investing during the downturn, and yet there are debates about learning Web3 regardless of the bear market. It is the best time to improve your Web3 skills and gain experience in working with different Web3 technologies including Metaverse, NFT and Blockchain mainly. The crypto winter is still intact and there is little chance of any results, regardless of the slowdown. You may be wondering why you would improve, train and learn about different Web3 technologies if the market is not growing and there are not enough opportunities due to the lack of development in the industry caused by the economic slowdown. This article will help clear your doubts and give you strategic planning to start learning and exploring Web3 when the market is in a bear phase.

Why is a bear market an opportunity to invest in yourself?

The most crucial part of a bear market is the comparatively low pressure to produce results in an ecosystem. You can easily grasp the concepts without rush to complete the learning process and start getting results from the learning process. Web3 is not a single technology that you can learn through course sources and gain the full understanding and knowledge required to work in a Web3 ecosystem and develop innovative products and services. It is a collective technology that encompasses technologies such as Metaverse, Blockchain, AR, VR, and others. A bear market allows you to get the opportunity to acquire valuable information that is required to plan your learning journey. To answer the question, it is the best time to learn key technologies like Web3 as they will transform the entire ecosystem once the markets pick up speed. In addition to learning Web3 technologies, it’s time to connect and collaborate with prospects who can help you grow better when the global market picks up.

Benefits of learning Web3 technologies in a bear market phase

Here are some of the most crucial benefits of learning key technologies like Blockchain, Metaverse, and other Web3 technologies:

Experience in demand

Demand for Web3 professionals has skyrocketed recently, especially in 2022. The year has been filled with industry collaborations to develop innovative Web3 ecosystems and successfully keep up with the pace of the global market. Brands like Volvo, Gucci and Suzuki have entered the Web3 market with select collaborations and partnerships with Web3 industry leaders. Metaverse, one of the most popular Web3 technologies, has seen the most engagement with brands, while NFTs (non-fungible tokens) have successfully weathered the global economic slowdown and come from strength to strength. These collaborations have projected increased demand for professionals with certified expertise and knowledge in key Web3 technologies.

Personal Brand and Experience

A bear market is a good opportunity for your brand and networking experience with people who can support you and help you grow once the market stabilizes and gets going. However, you can use this pivotal time to explore the market and understand and sort through opportunities through networking and personal branding.

efficient learning

As the market faces a global slowdown, there are massive layoffs from major global brands. Many people are able to change their career perspective and hit the road to build a career in a different domain. Thus allowing you to grow with optimal efficiency and productivity.

Preparing your career for the future

The market might be in a bearish mode right now, but it will pick up after some time and grow mainly on Web3 technologies. The bear market is an opportunity to prepare for tomorrow. Learning Web3 technologies at this time will function as future proofing your career for the opportunities the market will unfold once you set sail for growth. By the time most people start learning these key technologies like Blockchain, Metaverse, NFT and others, they will be an expert in these technologies. Rest what you can imagine.

Credibility with cheap certifications

Learning Web3 technologies is different from learning traditional technologies. While many colleges and universities offer conventional technology learning and give you a degree in the same, Web3 technologies are learned in a slightly different way. You can obtain Certifications to certify your ability and knowledge of working and developing systems in Web3 technologies. These certifications are available today at comparatively low prices due to the bear market. But, when the market revives, Web3 education will be expensive, considering the global demand for learning Web3 technologies. It is one of the main reasons why experts and leaders believe that the bear market is the golden time to improve and learn Web3 technologies.

Read More: Top Web 3.0 Interview Questions and Answers You Should Know

What are the popular Web3 technologies you can learn?

Web3 technologies such as Blockchain, Metaverse and NFT are the most popular right now in the bear phase of the market. However, there is no certainty that market sentiments will not change once the recovery begins. Considering the current scenario, technologies like Blockchain and Metaverse are not going anywhere, that’s for sure. You can start by understanding the basics of a decentralized ecosystem. You can move further into Metaverse and other Web3 technologies after gaining a basic understanding of Web3 ecosystems.

summarizing

Web3 technologies are growing, and without a doubt this is the best time to start learning about these key technologies that will transform the industry in the coming years. The global economy is in a bear phase and education is relatively cheaper than it used to be in a bull market. Start learning with our Web3 Expert Certification to gain a deep and comprehensive understanding of different technologies and their use cases for developing Web3 products and solutions.