How To Make Money On The Blockchain As A Developer

For years, most developers dreamed of creating an app for mobile that would go viral and make tons of money. There is still money to be made with the right skills and a good idea, but the competition is making it harder to stand out.

Instead of trying to create an app for mobile, think about becoming a blockchain developer.

The blockchain is like the Wild West right now in terms of potential. Getting in early and making a name for yourself is a great way to solidify a career in blockchain development.

In this article, we will go over several ways to make money as a blockchain developer from anywhere in the world.

How much does a blockchain developer make?

There is no easy answer to this as it depends on many factors. One thing is certain, being specialized on the blockchain will make you more money than an ordinary developer. 

In Europe, for instance, an entry-level developer makes around $1,500 per month. A blockchain developer with some experience can easily make double that.

Finding a job is very easy when you are specialized. And remote work is always a possibility.

What do you need to become a blockchain developer?

The first thing is to learn the concepts and technology-related to the blockchain. If your knowledge of the blockchain is limited to something like how to buy bitcoin in South Africa, then you have a lot of work ahead of you.

There are many online resources that will teach you the basics. Before you take any classes, familiarize yourself with how cryptocurrency works and what makes the blockchain different than developing on the cloud.

Once you have a grasp of the concepts, then take some courses.

If you have a background in programming languages then you are already a step ahead. If your background is in C++ then you are already primed to learn since it is the most versatile language to use on the blockchain.

If you don’t have experience with C++ then that is the first thing you should learn.

Do you need a degree?

Programming, in general, is an area where experience and results count for a lot. If you already have programming experience and learn new skills that you have applied to some projects, then you have a good chance of getting hired.

If you do decide to get a degree, then your chances increase. In fact, much of blockchain development relies on understanding concepts more than languages. A Computer Science degree will teach you a lot about the theories that are important to becoming a good blockchain programmer. 

Pick a niche

Whether you decide to pursue a degree or learn on your own, you need to find an area of blockchain technology that interests you and then focus on that. If you go too broad then you risk not understanding enough of one area to properly become a developer.

Take a look at the developer section of Bitcoin to see what the possibilities for study are and which one interests you most.