Crypto Cons: How to spot a fake employee or social attack | Crypto

Crypto Cons: How to spot a fake employee or social attack

Read Time:2 Minute

-Hiring in the crypto world can be difficult because Web3 companies are often disorganized and lack HR departments.
-Developers sometimes want to remain anonymous even to their potential employers.
-Some employees dont exist at all, while others are secretly juggling three other remote gigs.
-Then there are those who pretend to be employees but are really just plotting to rug everyone.
-The job of a hiring manager is no easy one.
-This goes doubly so for the Web3 world, where expectations both from employers and employees can be drastically different compared to the Web2 corporate world.
-The ICO craze of 2017 saw projects being organized by small groups of developers who often lived in different countries, perhaps never meeting together.
-Compared to more established industries, Strain describes many Web3 companies as still being particularly disorganized, without human-resource managers let alone internal recruitment departments.
-This often stems from the fast pace of the industry, where things simply change so fast that established procedures are not put in place.
-One situation that companies can face when hiring a candidate, according to Strain, is that they will come across a nearly perfect hire who ticks off all the boxes initially.
-But despite initial appearances, they are unable to verifiably back up their previous work.
-Once these applicants are hired, it can take several weeks to find out that the new employee is not what they say they are, with the project being delayed due to having to restart the hiring process again.
-Another common pitfall for Web3 companies is the hiring of full-time candidates who are in reality juggling three to four jobs, which are naturally left undisclosed to the new employer.
-A more complex version of this issue is when the person being interviewed merely pretends to be a candidate, being, in reality, the business developer for a team of subcontracted developers who work on a number of projects simultaneously.
-There are truly malicious actors who do their work but dig deeper to try to get what they want, whatever it is.
-This could include infiltration by corporate spies or worse black-hat hackers who end up getting access to things they shouldnt have access to and initiate hacks, which can have dire consequences for a blockchain company.
-Most interviews happen via Zoom, and its an immediate red flag if a candidate does not use video.
-The big question is: Have they worked for a credible project before?
-Those whose past projects can be described as well-known, respectable, official, corporate and top-level are easily the most desirable employees.
-However, many candidates will have projects that arent exactly at the top of CoinMarketCap on their resume.

Leave a Reply

%d bloggers like this: