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World – Freelancer.com says fastest-growing jobs involved nonfungible tokens; bitcoin jobs fall

22 April 2022

Demand rose for freelancers with skills in nonfungible tokens, or NFTs, in the first quarter, but demand for bitcoin skills fell, according to a report released last week by Freelancer.com.

The number of jobs involving NFTs rose 37.60% from the fourth quarter of 2021 to the first quarter of 2022 — it ranked as the fastest-growing category of jobs. There were approximately 2,814 NFT-related jobs on Freelancer.com.

An NFT is a digital object — artwork, sports memorabilia, famous photographs and anything else that can be digitized — created by using blockchain technology.

Other design-related jobs also saw growth.

“In the first quarter we saw ambitious trading of monkey jpegs suck the volume out of bitcoin-related projects,” said Matt Barrie, chief executive at Freelancer.com. “It remains to be seen whether NFTs in their current form are a flash in the pan or whether they become an enduring asset class for investment over speculative trading.”

Separately, the number of bitcoin-related jobs fell 31.16% in the first quarter when compared to the fourth quarter of 2021 to a total of 1,045. However, two other categories saw larger decreases quarter over quarter: Statistics-related jobs fell 31.86% to 2,160 and Microsoft Office-related jobs fell 31.67% to 1,329.

Freelancer.com’s “Fast 50” quarterly index is based on data from 351,000 jobs posted on Freelancer.com during the first quarter. According to Freelancer.com, the Freelancer Fast 50 index is the world’s largest forward indicator of trends in online jobs related to industries, technologies, products, and companies.

The fastest-growing jobs on Freelancer.com in Q1 2022 compared to Q4 2021:

Name Job count Q4 2021 Job count Q1 2022 % increase
Non-fungible Tokens                                                         2,045                                       2,814 37.60%
Caricature & Cartoons                                                         2,678                                       3,205 19.68%
Home Design                                                         1,283                                       1,518 18.32%
Interior Design                                                         2,761                                       3,264 18.22%
Building Architecture                                                         4,179                                       4,929 17.95%
Legal                                                         1,213                                       1,416 16.74%
AutoCAD                                                         5,252                                       5,848 11.35%
Search Engine Marketing                                                         1,933                                       2,147 11.07%
Illustration                                                         9,312                                     10,330 10.93%
3D Rendering                                                      10,087                                     11,127 10.31%
CAD/CAM                                                         3,500                                       3,854 10.11%
3D Animation                                                         8,573                                       9,418 9.86%
3D Modelling                                                      11,832                                     12,900 9.03%
Web Development                                                         1,741                                       1,890 8.56%
Animation                                                         7,412                                       8,010 8.07%
Music                                                         1,233                                       1,322 7.22%
Unity 3D                                                         2,384                                       2,550 6.96%
Visual Basic                                                         2,533                                       2,690 6.20%
3D Design                                                         6,929                                       7,347 6.03%
Illustrator                                                      33,324                                     35,311 5.96%
Covers & Packaging                                                         1,340                                       1,419 5.90%
Civil Engineering                                                         1,227                                       1,294 5.46%
Flyer Design                                                         1,769                                       1,865 5.43%
Deep Learning                                                         1,071                                       1,129 5.42%
Product Design                                                         1,561                                       1,632 4.55%

The fastest-declining jobs on Freelancer.com in Q1 2022 compared to Q4 2021:

Name Job count Q4 2021 Job count Q1 2022 % decrease
Statistics                                                         3,170                                       2,160 -31.86%
Microsoft Office                                                         1,945                                       1,329 -31.67%
Bitcoin                                                         1,518                                       1,045 -31.16%
R Programming Language                                                         1,336                                           922 -30.99%
Django                                                         2,713                                       1,997 -26.39%
Report Writing                                                         8,578                                       6,332 -26.18%
Statistical Analysis                                                         1,942                                       1,459 -24.87%
PDF                                                         5,497                                       4,135 -24.78%
Mathematics                                                         3,432                                       2,591 -24.50%
Ethereum                                                         2,340                                       1,780 -23.93%
Technical Writing                                                         7,494                                       5,880 -21.54%
Research Writing                                                      15,917                                     12,547 -21.17%
Word                                                         6,492                                       5,166 -20.43%
Editing                                                         6,539                                       5,232 -19.99%
Swift                                                         1,610                                       1,290 -19.88%
Research                                                         7,109                                       5,712 -19.65%
Google Firebase                                                         1,026                                           826 -19.49%
Local Job                                                         2,817                                       2,281 -19.03%
Matlab and Mathematica                                                         3,289                                       2,683 -18.43%
Objective C                                                         2,432                                       1,991 -18.13%
Data Science                                                         1,021                                           837 -18.02%
C Programming                                                         9,683                                       7,941 -17.99%
Magento                                                         1,604                                       1,320 -17.71%
Java                                                      12,698                                     10,481 -17.46%
jQuery / Prototype                                                         1,791                                       1,485 -17.09%