Our mission is to support the long-term success of both our portfolio companies and the broader crypto ecosystem. One major gap we’ve consistently seen? Reliable, transparent compensation data for crypto teams. That’s why we created our annual Crypto Compensation Survey – a resource designed to help founders, hiring managers, and candidates alike benchmark equity, cash, and token comp across the space. Below are key takeaways from our 2024 edition 👇 —Last year we saw 3% of people paid in crypto. This year we've seen a 3x jump to 9.6%. Stablecoins USDC & USDT are leading the charge with the majority of folks who take their salary in crypto receiving USDC —Is crypto going back to the office? Probably not, but in office work is up 4x (to 6%). —Looking at the median numbers, having an MBA does not equate to higher salaries in Web3. In fact, there's a slight decline in compensation. —By looking at median salaries, women make more in Marketing, Operations, BD, but not in Engineering and Executive positions. —Engineering Salaries across the board in seniority are on the rise! Most notably Jr & Mid-level roles have seen a large increase: 25.6% increase for Jr Engineers, 14.49% for Mid, 4.9% for Sr.

In 2024, the percentage of people paid in crypto tripled, jumping from 3% in 2023 to 9.6% this year. This growth underscores a shifting trend toward digital asset-based compensation as well as broader access to stablecoin rails.

Stablecoins USDC & USDT are leading the charge with the majority of folks who take their salary in crypto receiving USDC.

The slight uptick in in-office and hybrid arrangements suggests that Return to Office (RTO) trends are beginning to influence the blockchain ecosystem. However, remote work remaining the predominant choice for most organizations.

Education Beyond a Bachelor’s Degree May Not Pay Off. For many roles, industry experience and technical skills may outweigh formal education credentials.

You can read the full survey here:

We truly believe in creating open access to compensation data within the blockchain ecosystem and will continue to release our compensation data to participants every year. Please feel free to join our mission and fill out our survey here: