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Vancouver ranked a top 10 city in the world for careers in NFTs and the metaverse

In today’s dynamic tech environment, advances in technology lead to new opportunities that didn’t exist before, including careers in trends and breakthroughs like Bitcoin, NFTs and the metaverse.

And BC’s tech sector is evolving rapidly to account for these accelerated trends in the tech industry.

So, it’s no surprise that Vancouver was ranked among the top 10 cities in the world for a career in NFTs and the metaverse, according to a report by MrQ, an online gaming service.

Vancouver, Toronto and Montreal were the only three cities in Canada to be featured on MrQ’s listings.

In addition to ranking as one of the top cities for a career in NFTs and the metaverse, Vancouver was also named the seventh highest paying city for a career in NFTs and the tenth highest paying city for a career in the metaverse.

For careers in NFTs and the metaverse, Singapore placed first, followed by London and Hong Kong.

The full list of the top 10 cities for a career in NFTs includes:

  1. Singapore
  2. London
  3. Hong Kong
  4. Tokyo
  5. Toronto
  6. Paris
  7. Amsterdam
  8. Dubai
  9. Sydney
  10. Vancouver

The full list of the top 10 cities for a career in the metaverse includes:

  1. Singapore
  2. London
  3. Hong Kong
  4. Dubai
  5. Toronto
  6. Paris
  7. Vancouver
  8. Berlin
  9. Montreal
  10. Amsterdam

To compile its list, MrQ considered key factors like average salaries, job vacancies, number of businesses and the average broadband and mobile download speeds.

While NFTs and the metaverse may sound like confusing buzzwords, they can be simplified into easy-to-understand concepts.

A non-fungible token, or NFT, is a digital asset that transforms digital works of art, or other collectibles, into verifiable assets.

Through NFT technology, anyone with the financial capacity can buy and sell unique digital items via blockchain technology, including digital drawings, gifs, songs, books and stories.

Many have compared NFTs to the process of collecting fine art but replaced it with digital art instead.

On the other hand, the metaverse is a shared virtual space that is interactive, immersive and hyper-realistic. Oftentimes, customized avatars and digital assets recorded on the blockchain are a key part of the metaverse.

Fundamentally, the metaverse can be conceptualized as a three-dimensional model of the internet.

Interested in learning more about the ever-changing world of blockchain and cryptocurrency? University Canada West has several micro-credentials focused on technology, business and innovation, including two that cover cryptocurrency – the Blockchain Project Management Certification Program and Blockchain Entrepreneurship.

For more information, visit ucanwest.ca/micro-credentials.

Published on May 12, 2022.