• info[at]asiathemes[dot]com
  • (2)245 23 68

Blockchain Developers Not Affected by the Market. Salaries Keep Rising

Blockchain Developers Not Affected by the Market. Salaries Keep Rising

BTC Casino / 18th January 2019

13 months have resulted in a nearly 80% correction in the crypto markets. Despite 2018 not having the same success, blockchain developers are clearly not affected. Most of them are making between $140 000 and $180 000 a year.
Of course with the huge amount of volatility in the sector, it’s impossible to have concrete data. Rising salaries do not necessarily reflect a steady increase of developer activity. This is completely natural since the last two years have quite literally, been a wild ride. The height of the bull market saw a lot of professionals and companies flock to the sector.
Blockchain developers are by far not the only valued experts in the crypto world
Many traders left their positions in major banks and moved over to major crypto exchanges. The majority of them even took huge pay cuts, but were willing to take the risk. For professional traders, the risk, opportunity and excitement to work in a rapidly growing industry is priceless.
Contrary to popular belief, this trend did not decrease in 2018. Despite the prolonged bear market, experts still continued to flood to the crypto sector. Traders, developers, executives all kept leaving stable and reliable jobs at traditional financial institutions.
Thomas Bertani is a CEO at a Swiss startup. He believes that blockchain developers in Switzerland are paid incredibly good money simply because there is a huge lack of developers at the moment.
He stated:
“I believe that developers being paid over $15 000 a month is due to personnel shortage. Highly skilled and experienced developers are incredibly hard to find and here in Switzerland, the living standard is one of the most expensive on Earth.”
Despite the mass frock of professionals from the traditional institutions, there is still a growing need of experts. ICOs, VC firms, startups and crypto exchanges are all outbidding themselves to bring in qualified and experienced blockchain developers.
ICOs are usually not very attractive to blockchain developers. Not only because of their reputation, but because of they are generally viewed as short-term opportunities. This is why despite the high salary offers, most developers find it difficult to associate themselves with ICOs.
In the last 30 to 40 days, a lot of layoffs were announced by many companies. Despite that, the companies, which laid off nearly 70% of their staff, are still looking and willing to pay extremely good money for experienced blockchain developers.
Entry-level developer in leading markets for software development are already making over $180 000 a year. This leads many experts to believe that despite the prolonged bear market and rough market conditions, the salaries will continue to rise.
You can also check out:

Grayscale Has Raised Nearly $330 Million This Year According to Q3 Report
Friday November 02, 2018

Grayscale’s Q3 2018 Digital Investment Report says the firm has raised around $330 million so far in 2018. Grayscale had raised $25.4 million at this time in 2017.  The latest […]

The post Grayscale Has Raised Nearly $330 Million This Year According to Q3 Report appeared first on BTC Casino Gambling.

Activision Blizzard Price Share Drop: Refusing to Listen
Samourai Wallet: Google Play Forced to App to Remove Important Security Features
Chinese Analysts: The Bear Market is Here to Stay
India Crypto Legalization: First Steps in the Right Direction

7 Projects Working to Make Blockchain More Opaque for Enterprise
Thursday January 24, 2019

Public blockchains, in particular, don’t make sense for many businesses where privacy is required. Pseudonymous isn’t good enough, and generally speaking, modern databases are pretty good at what they do. […]

The post 7 Projects Working to Make Blockchain More Opaque for Enterprise appeared first on BTC Casino Gambling.

The post Blockchain Developers Not Affected by the Market. Salaries Keep Rising appeared first on CoinStaker | Bitcoin News.

@ 2017 Esol Theme powered by WordPress Developed by ASIATHEMES