Web3, or the decentralized web, is the next-gen evolution of the internet. Web3 leverages the capabilities of Blockchain technology and creates a more user-controlled democratic digital ecosystem. The advancements have profound implications in the world of employment in the economy driven by Web3, offering more autonomous and flexible employment structures that make the marketplace more competitive.
Programmers are interested in developing blockchain applications due to the continuously growing demand that has reached unreal levels. According to various digital skills assessment platforms, demand for blockchain developers increased by more than 550% in 2022 for various reasons other than Web3 platforms seeking blockchain development professionals. There are different Web3 developer jobs, such as smart contracts developers, blockchain developers, dApp developers, Web3 front-end developers, Solidity developers, and more.
Let’s explore the top high-paying Web3 developer jobs in 2023.
Web3 Developer Overview:
Web3 is revolutionizing the internet and providing high-paying Web3 job opportunities as companies worldwide are searching for skilled and knowledgeable Web3 and blockchain developers. Blockchain and Web3 programming are not accessible as they consist of different roles and responsibilities in developing and coding blockchain platforms. Web3 blockchain developers may work as back-end or front-end developers, and their tasks include designing interfaces, building smart contracts, and writing and testing codes. The Web3 developer skills and education required by Web3 developers tend to vary depending on the work they have chosen to perform.
Becoming a successful Web3 developer requires technical skills in blockchain technology, Ethereum virtual machine, front-end development, data structures, user interface designing, smart contracts programming, languages, NFT creation, and more.
Web3 Developer Job Market:
Although the market conditions are pretty bearish, the Web3 developer jobs market has projected resilience and exhibits promising growth. Until late November 2022, the number of Web3 developer jobs was around 100 monthly jobs, according to the Crypto Jobs List. This was when the world witnessed the FTX Crash that caused a significant dip in the number of applicants in the Web3 developer jobs market. However, since then, the newly listed jobs have remained consistent at about 70 per month, and it recently skyrocketed to 154 in May 2023 and 151 listed Web3 developer jobs in June 2023. The demand for Web3 developer jobs will grow in the next 7 to 8 years by 20 to 25%. However, this industry’s scarcity of skilled and talented developers will continue to drive higher salaries than in other tech niches. There is also great potential for freelance opportunities and remote work for the Web3 developing job seekers to explore the market and land the best chance they deserve.
Top 7 High-Paying Web3 Developer Jobs:
- Smart Contract Developer
Smart contracts developers are blockchain professionals specializing in maintaining, deploying, and creating smart contracts that automatically execute agreement terms when certain conditions are met without requiring any third party or intermediaries. Working as a smart contract developer requires technical skills, collaboration, and soft skills. They must communicate effectively with peers, stakeholders, and clients and work across disciplines. Learning to develop, design, and test smart contracts requires a strong understanding of programming languages such as Python, Rust, and Viper. Smart contract developers can learn new skills to develop their personalized blockchain-based projects and decentralized applications without relying on third parties or intermediaries through decentralized infrastructure, which can be the next wave of computing. The average salary earning of an innovative contract developer is around $125,000.
- Blockchain Developer
A blockchain developer develops smart contracts and decentralized applications based on blockchain and requires a better understanding of the protocols and architecture of the technology. Blockchain developers are responsible for developing 3-D designs, 3-D content, and 3-D models. Core Blockchain developers design the architecture and security of blockchain systems and create the foundation on which others build. A blockchain developer’s responsibility involves developing innovative solutions to complex problems, such as solutions for control and command and high integrity. Developers also perform complex design testing, development analysis, and software debugging. Blockchain developers perform software designs, computer system selection, and architecture integration on multiple systems. The average salary of a blockchain developer is $106,973 per year.
- DApp Developer
- Web3 Front-end Developer
- Solidity Developer
Solidity developer uses Solidity programming language to develop and deploy smart contracts on Ethereum applications. Solidity developers require technical skills in programming languages and tools, cyber security knowledge, and blockchain expertise to succeed. These developers also need degrees, online courses, specialization, and professional certification to gain the credentials they require for the role of Solidity developers. They get an annual salary as high as $193,000. However, an average Solidity developer earns $147,500.
- Blockchain Security Engineer
A blockchain security engineer works to ensure blockchain-based solutions are safe and secure. They work on auditing the codes designed by developers and securing products like protocols, smart contracts, dApps, and other applications. The essential skills required to become a successful blockchain security engineer include fluency in smart contracts, auditing, and in-depth knowledge of cryptography, Web3, EVM, NFTs, DeFi, and DAO protocols. They also need to have skills in public infrastructure and tokenization. To become a successful blockchain security engineer, you must follow the following career path – understand the blockchain industry and individual objectives, start with fundamental training, develop skills in programming languages, learn about smart contract development, choose a professional training course, certify skills with popular certifications for blockchain security practice and refine your skills, and engage with blockchain communities and forum. A blockchain security engineer has an annual salary of $128,870.
- Blockchain Architect
Blockchain architects work with R&D teams and help infuse blockchain in designing and building solutions to leverage cross-asset concepts and frameworks. They also work on new developments and create performance levels to assess new solutions. Skills required to become a blockchain architect include experience in blockchain architecture concepts and frameworks and developing storage solutions. The architects are always in charge of leading blockchain projects and outlining the team’s roadmap. A blockchain architect needs to be knowledgeable, especially in the business domain, to develop practical solutions instead of theoretical ones. They must also be updated with the rapid evolution of this field as it progresses with new processes, approaches, and vendors, redefining the rules and obligations of the blockchain architect. The average annual salary of a Blockchain architect is $130,000.
Skill and Knowledge Requirements:
Web3 developers require technical skills like cyber security, analytical programming, and blockchain skills. Their career in blockchain and Web3 requires a clear understanding of the new and updated technologies, including Metaverse, NFTs, and smart contracts. However, Web3 developer roles also need a wide range of soft skills to succeed in their responsibilities. Some essential soft skills that support Web3 developers’ careers include communication, a knack for innovation, adaptability, and working with community effort. As the Web3 landscape evolves rapidly, being abreast of the current advancements ensures that blockchain developers are always updated with the most relevant and current information to provide accurate results.
How to Get Started as a Web3 Developer:
Web3 development job can be challenging but rewarding as it creates a more secure, faster, and better internet for users. To become a successful Web3 developer, look at the requirements given below and get started –
- Learn Web3 and blockchain fundamentals before getting started as a Web3 developer.
- Explore the concept and prospects of Web3, including cryptocurrencies, hashing functions, security, mining, decentralization, and some of the popular Web3 building tools.
- Practice and interact regularly with the system, learn the technology more effectively, and get inspiration from other successful professionals.
In conclusion, Blockchain and Web3 developers help reshape the future of Web3 development. The transformative impact of Web3 favors the shift of software developers towards blockchain and introduces new and innovative solutions to the ecosystem. While most call this “Blockchain,” others believe it is the “future of business.” Blockchain will disrupt the status quo, and it is no wonder that businesses are eager to hire Web3 developers and experts. Its use cases are diverse, and the proponents are growing in numbers. However, note that building a successful Web3 career may be challenging for those without experience or knowledge about coding. Even those with years of experience may find it challenging to land suitable web3 developer jobs, given the fierce competition. In this rapidly evolving blockchain landscape, it is essential to remember that continuous learning and staying informed is the key. Developers can also head to Web3 and Blockchain recruitment agencies such as Blockchain Staffing Ninja to get various Web3 job opportunities and find their dream position while catering to the crypto and blockchain Job domain.