Unemployment, US
Unemployment claims have hit a 10-month high in the United States. | Source: Shutterstock

What Crypto Winter? It’s Perfectly Sunny for Luno with 40 New Jobs Open

Bitcoin tumbled to a 15-month low today. Ethereum has all-but petered out. Heavyweights like ConsenSys are laying off staff, and many ICO startups are running out of cash before launching their products. You have to admit, things don’t look particularly good from any angle.

But while crypto investors are getting used to bracing before they open their eyes in the morning, the team at Luno remains quietly confident. The company that claims to make buying crypto from your mobile easy will continue on its mission of “upgrading the world to a better financial system.” And they’re hiring 40 new employees at their offices around the globe to help them do it.

In an announcement on the company’s social media, they said:

“New year. New career. New you. We’re hiring in our offices all over the globe. Learn more about our different positions in Engineering, Customer Success, and Design.”

The news did not go unnoticed. Major crypto personality Barry Silbert from Digital Currency Group (one of Luno’s main investors) retweeted the post exclaiming:

“What crypto winter? Luno has over 40 jobs they’re looking to fill.”

I asked VP of Countries and Marketing at Luno, James Lanigan, what’s behind their decision to take on more employees at a time when crypto companies are cutting back. He said:

“We are looking to lead the evolution of financial systems worldwide, something that we do not expect to happen in a short-term period. Instead, we fully anticipate it to be a process which requires much longer-term thinking.”

He explained that to build a team with the necessary skills and ability takes a number of years–and that the company fully expects to grow at a faster rate in 2019, despite the bearish market.

“More and more people are beginning to understand and see the value in owning crypto, and we want to be at the forefront of that educational process.”

Want a new career in 2019? Why not launch into crypto? There may be not much hopium left in this space, but if you like a good dosage of volatile with your eggs in the morning this could be the place for you.

Featured image from Shutterstock.