In today's digital economy era, blockchain technology, as a disruptive innovation, has deeply penetrated into all walks of life. A survey on the distribution of blockchain industry personnel shows that surprisingly, 42% of practitioners are exchange employees. This figure has triggered heated discussions and reflections on the internal ecology of the blockchain industry. This article will explore the reasons behind this phenomenon and its impact on the entire industry, and unveil the mystery of the blockchain industry for readers.

As a decentralized, secure and reliable data transmission and storage technology, blockchain technology has applications in finance, supply chain management, healthcare and many other fields. As an important place for digital currency transactions, exchanges play a pivotal role in the blockchain industry. Therefore, it is not surprising that 42% of practitioners are exchange employees. They play an extremely important role in the blockchain industry and facilitate the circulation and trading of digital assets.

In addition to technological innovation, exchange employees also play an important role in risk control in the blockchain industry. With the volatility of the digital asset market, risk management has become a vital link in the blockchain industry. The risk control team of the exchange ensures the security of funds of the exchange and users by formulating effective risk management strategies. They continue to improve the monitoring system, timely discover and respond to potential risks, and ensure the stable operation of the exchange.

In addition, exchange employees also play an important role in marketing and user services in the blockchain industry. For example, some exchanges attract more users to participate in digital asset transactions by holding offline events and launching promotional activities. They are committed to improving user experience, solving problems encountered by users during transactions, and establishing a good user reputation and brand image.

In general, as an indispensable part of the blockchain industry, exchange employees are driving the development of the entire industry with their hard work and professional contributions. They are not only participants in digital asset transactions, but also promoters and leaders in the development of blockchain technology. Therefore, it is not surprising that 42% of practitioners are exchange employees, and their existence has injected vitality and motivation into the blockchain industry.

In the future, as blockchain technology becomes more popular and applied, the roles of exchange employees will become more diverse and specialized. They will continue to play an important role in pushing the blockchain industry to new heights. The development of the blockchain industry is inseparable from the hard work of exchange employees. Let us look forward to more innovations and changes brought about by blockchain technology. May the blockchain industry flourish and pave the way for the future of the digital economy.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The Block, a cryptocurrency research organization, recently analyzed 158 companies focusing on blockchain and cryptocurrency. The results showed that at least 50 companies in the blockchain industry employ more than 100 employees. The company with the most employees is Bitmain, a mining machine manufacturer, with 1,500 employees. , Coinbase, and Ranked 2-4, with approximately 1,300, 1,000, and 950 employees, respectively.

In the TOP
50, Babbitt roughly estimates that there are about 19 crypto exchanges, which occupy the most seats in various subcategories of the industry. In the TOP10, exchanges occupy 6 seats and cryptocurrency project parties occupy 2 seats. This also reflects the proportion of exchange practitioners in the industry from the side.

Data source: The Block

So, how many people are employees of exchanges? According to The Block's statistics, more than 42% of the industry's practitioners are working, 10.7% are employees of mining equipment manufacturers, and 10.3% are cryptocurrency project parties.

Data source: The Block

On October 21, Hurun Research Institute released the first "Hurun Global Unicorn List 2019". The list shows that there are 11 unicorns in the blockchain industry, namely Bitmain (valued at 80 billion yuan), Coinbase (valued at 55 billion yuan), Ripple (valued at 35 billion yuan), Canaan Creative (valued at 20 billion yuan), Circle Internet Financial (valued at 20 billion yuan), (valued at 15 billion yuan), Block.One (valued at 15 billion yuan), Dfinity (valued at 15 billion yuan), Ebang International (valued at 10 billion yuan), BitFury (valued at 7 billion yuan), Liquid Global (valued at 7 billion yuan). Among the 11 unicorn companies, 4 are involved in cryptocurrency trading business and 4 are mining machine manufacturers.

In fact, in the entire blockchain industry, there is a certain degree of separation between the "mining circle" and the "currency circle", but mining machine manufacturers and exchanges are undoubtedly the two circles with the strongest ability to attract money, and naturally they will also attract the influx of talents. However, the number of mining machine manufacturers is ultimately not comparable to that of exchanges. There are 296 exchanges with clear trading volume statistics on CoinMarketCap alone. Compared with the high entry threshold of mining machine production, exchanges are much simpler. By purchasing a mature system, coupled with good operations and eye-catching marketing, an exchange can be put into the market.

On the other hand, the current exchanges are not limited to the trading business itself, and have been continuously expanding more new businesses. Now the head exchanges Huobi, OKEx, etc. are gradually extending their tentacles to the entire industry ecosystem, developing their own public chains and DEX, operating their own mining pools, setting up their own investment departments, and carrying out asset management and wealth management businesses. Business diversification has also become an important reason for the influx of practitioners.

At present, the public chain is still trying to find a way out. Standing at the top of the pyramid of the entire "currency circle", exchanges may also be the most ideal choice for many practitioners.

With the continuous development and maturity of blockchain technology, exchange employees are no longer limited to traditional traders, but also include professionals in many fields such as technicians, risk control experts, and marketing personnel. They are promoting the rapid development of the blockchain industry through continuous learning and innovation. For example, the technical team of Bitcoin exchanges continuously optimizes the trading system, improves trading efficiency and security, and creates a better trading experience for users.