This article will cover all of the above questions. Furthermore, we will highlight the highest-paying roles in the Web3 field when discussing job salaries. Moreover, we will provide an overview of the responsibilities and necessary skill sets for these positions.
Web3 careers and their salaries
Web3 professionals’ salaries vary significantly based on their experience, geographic location, and job type. Typically, technology-oriented roles offer higher compensation compared to business and legal roles.
Backend Developer
Back-end developers are responsible for the structural elements of Web3 applications using languages such as Java, Node.js, and Python. In Europe, highly skilled developers can expect a base salary ranging from an average of $85,000 to a maximum of $125,000 per year.
Remote back-end development positions come with higher compensation, with an average base salary of $102,300 and a high of $125,000. In comparison, companies based in the United States offer slightly more generous pay with an average base salary of $110,000 and a maximum of $140,000 available to highly sought-after applicants.
Blockchain Developer
Blockchain developers utilize both public and private technologies to design, implement, and maintain blockchain networks. In Asia, the average base salary for a blockchain developer is $87,500 per year, with a range of $60,000 to $120,000.
In Europe, the average base salary is slightly lower at $73,300 per year. However, remote blockchain developers appear to enjoy higher wages, with an average annual base salary of $123,750. The minimum base salary for remote positions is $70,000, while the maximum can reach just under $200,000.
In the United States, where blockchain technology is most prevalent, the highest average base salary is $136,000 per year for blockchain developers.
Blockchain Engineer
Blockchain engineers undertake the task of designing, developing, as well as maintaining the architecture of a blockchain network. They work with both public and private blockchains, like Hyperledger Fabric or Ethereum. In Asia, engineers can expect base salaries ranging from $60,000 to $120,000 per annum. In Canada, their counterparts enjoy similar wages, with the average base salary being about $86,000 per year, but the low base salary is slightly higher than in Asia, starting at $60,000 per year.
Europe, on the other hand, has relatively lower salary levels, with an average base salary of $80,700 per year and a low base salary of only $51,000, likely due to varying economic conditions in certain areas. However, remote engineering positions offer higher compensation, with an average salary exceeding $128,000 compared to only $127,000 for on-site engineers in the United States.
Frontend Developer
Front-end developers are responsible for constructing the user interface of Web3 applications, utilizing programming languages such as HTML, CSS, JavaScript, and others to design the visual elements of an application.
In Europe, the average base salary for a blockchain front-end developer is $70,000 per year, ranging from a minimum of $45,000 to a maximum of $100,000.
Although not as competitive as the US market, where both remote and local positions offer an average salary of $115,000, European salaries still provide long-term security and investment potential.
Remote blockchain developers can expect to exceed European wages, earning around $85,000, with the highest rates reaching $100,000. Those seeking employment in the United States have the greatest opportunities for lucrative positions, with average salaries reaching up to $145,000, and an encouraging minimum wage of $65,000 for entry-level roles.
Full Stack Developer
Full-stack developers possess expertise in both front-end and back-end development, enabling them to build the entire infrastructure of a Web3 application. In Canada, these professionals can earn an average base salary of $62,500 per year, with a range of $40,000 to $90,000.
Similarly, Europe offers comparable earnings, with an average base salary of $66,000 per year. The low base salary starts at $45,000, while the high reaches $91,000. However, remote blockchain full-stack developers earn even higher wages, with an average base salary of $90,000 per year and a maximum of $110,000. This is significantly more than their counterparts in Europe and Canada.
In the United States, blockchain full-stack development is one of the most lucrative professions, boasting an average base salary of $100,000 per year, with a maximum of $115,000.
Graphic Designer
Graphic designers play a crucial role in developing the visual assets used in Web3 applications. They are responsible for creating images, text styles, color palettes, and overall design aesthetics within a given application.
There is an increasing demand for blockchain graphic designers across Europe and the United States, and these professionals can earn a substantial income based on their expertise. In Europe, the average base salary is $74,000 per year, while in the US, it is $70,000 per year.
However, on the higher end of the salary range, they can earn up to $97,000 per year in Europe and $85,000 per year in the US. Regardless of geographical location, blockchain graphic designers can receive compensation that reflects their skills and creativity.
Product Designer
Product designers play a crucial role in shaping the overall user experience of an application by understanding user needs and developing designs that align with those requirements.
In Asia, product designers receive an average base salary of $76,500 per year, with a range of $64,000 to $89,000. Remote product designers can expect to earn up to $100,000 annually, with the lowest and highest salaries at $90,000 and $110,000, respectively. On the other hand, blockchain product designers in the US earn an average base salary of approximately $112,500, with salaries ranging from $90,000 to an impressive peak of $140,000.
Software Engineer
Software engineers are responsible for developing the fundamental functions and features of Web3 applications, employing coding languages like Ethereum Solidity, JavaScript, and Python.
In Canada, qualified blockchain software engineers earn an average base salary of $90,000 per year, with a range of $60,000 to $120,000. In Europe, the average salary is an impressive $94,000 per year, with a range between $71,000 and $136,000. The average salary for junior positions is even higher, with an average of $107,000 per year and a range from $60,000 to an incredibly significant maximum pay of $160,000. Lastly, for blockchain software engineers in the United States, the news is good as the average salary stands at an impressive $119,000 annually, with a range from $70,000 to $175,000.
Solidity Developer
Solidity developers specialize in working with the Ethereum blockchain and utilize the Solidity programming language to create smart contracts. As a result, they must possess a strong comprehension and hands-on experience in coding languages like JavaScript and Python to develop sophisticated Ethereum blockchain applications.
For instance, Solidity developers typically receive an average base salary of $125,000, while those working remotely tend to earn slightly higher at an average of $145,000 per year. Salaries for Solidity developers based in the United States fall within the mid-range, with an average annual salary of $127,500. However, actual wages can vary significantly from $80,000 to $200,000, depending on the individual’s experience level and location.
UI/UX Designer
The UI/UX designer ensures a seamless user experience in a Web3 application. They consider functional requirements, user navigation, and aesthetics.
Blockchain UI/UX designer salaries vary by location. In Canada, the average base salary is $55,000 per year ($45,000 – $65,000 range). Europe offers an average annual wage of $77,000 ($50,000 – $110,000 range).
Remote blockchain UI/UX designers earn an average salary of $75,000 per year ($40,000 – $110,000 range). The highest salaries are in the United States, with an average of $107,500 per year ($80,000 – $140,000 range).
Business Development
Business development professionals build and maintain customer and partner relationships, requiring a deep understanding of the blockchain industry to identify opportunities and develop profitable strategies.
In Asia, blockchain business development professionals earn an impressive average base salary of $105,000 per year, with the potential for higher salaries up to $120,000. The situation is even more promising in the United States, where the average base salary for a blockchain specialist is $122,500, ranging from $90,000 to $150,000.
Community Manager
Community managers engage and oversee users of a blockchain project, requiring strong communication skills and familiarity with online platforms like social media and blockchain forums, as well as staying updated on industry news.
In Europe, the average base salary is $57,000 annually, with a range of $40,000 to $80,000 based on experience and position. Remote work offers even higher rewards, averaging $61,000. In the US, community managers can earn up to an impressive $120,000 per year.
Customer Support
Customer support specialists handle inquiries and provide assistance to ensure customer satisfaction, utilizing problem-solving skills, blockchain knowledge, and customer service procedures.
A career in blockchain customer support can be lucrative, particularly in the US, where the average base salary is $77,500 per year, ranging from $55,000 to $100,000.
In Canada and Europe, the average salaries for blockchain customer support professionals are lower, typically ranging from $35,000 to $45,000 and $40,000 to $68,000, respectively. Those considering this field should research local salaries and job market opportunities to make an informed career decision.
Office Manager
Office managers provide administrative and operational support to blockchain company teams, requiring organization, knowledge of office procedures, and strong communication skills.
In Europe, blockchain office managers have an average base salary of $40,600 per year, ranging from $24,000 to $63,000. Remote office managers earn slightly lower salaries, averaging $40,000 per year ($25,000 – $55,000 range). In the US, office managers receive higher wages, with an average base salary of $59,000 per year ($40,000 – $75,000 range).
Other notable Web3 roles include:
- Content writers: Create tutorials, news articles, and blog content on Web3 topics.
- Token economists: Develop and manage token economics for Web3 projects.
- DeFi analysts: Analyze and develop strategies for DeFi projects and protocols.
- NFT curators: Manage collections of digital art, music, and other non-fungible tokens.
- Blockchain lawyers: Draft and negotiate legal documents for Web3 projects.
- Crypto crime investigators: Investigate and prosecute crypto fraud, money laundering, and other crimes.
Conclusion
The blockchain industry is ever-changing, offering opportunities for those who are open to exploring it. Web3 professionals have the potential to earn a comfortable living, with salaries ranging from $24,000 to $150,000 per year. It is important to research before pursuing this career path.
Disclaimer: The provided information should not be considered as trading advice. Cryptory assumes no liability for any investments made based on the information found on this page. We highly recommend conducting independent research and/or seeking advice from a qualified professional before making any investment decisions.