Blockchain engineers typically earn up to 30% more than the industry average for software engineers.
According to statistics from Hired acquired by CNBC, the typical annual salary for a blockchain engineer lies in the range between $150,000 and $175,000 USD. On the higher end this is up to 30% higher than the industry standard, with the average software engineer salary ranking around $135,000 annually.
Demand remains high despite market downturn
Despite the persisting cryptocurrency bear market, the continuing market premium for blockchain developers illustrates that there is still a sharp demand for the product. The implication for this being that the market crash, while clearly a correction off of previously inflated valuation figures, was not a referendum on the technology itself or its applications. Continuing demand for building on blockchain services and cryptocurrencies in the middle of a bear market may indicate that development in the industry has continued unabated, creating the next generation of projects and developments before public deployment. In that case, the market may see a corresponding turnaround over the next few years as the results of ongoing developments are taken to market.
Evolution DApps/DAPI may create “dev rush”
Upcoming developments on the Dash platform may result in attracting a host of new developers to the space. Dash’s update codenamed Evolution, originally envisioned simply to enable protocol-level user experience improvements such as usernames and contact lists, has since grown to encompass an ambitious decentralized platform. The Evolution platform aims to enable DApps, or decentralized applications, to be developed by anyone to run on the platform for a wide variety of purposes. Additionally, the Evolution DAPI, or decentralized API, aims to facilitate the integration of Dash into a host of businesses and services easily.
The various applications and use cases that may soon be unlocked could create a significant market for Dash-savvy developers to continue to build projects both on and utilizing the platform.