By developing relevant skills and acquiring a solid understanding of the technology, you stand a good chance of getting a well-paid job in blockchain. Building a network won’t hurt either. This article provides an overview of the best-paid blockchain jobs and tips on how to land them.
The Best-Paid Blockchain Job: Crypto Legal Expert
This position is becoming increasingly important, considering how quickly crypto regulations change. Crypto companies need legal experts to navigate the complex legal landscape.
Some of these professionals’ key responsibilities include drafting and reviewing agreements and contracts related to blockchain technology. They also advise companies on compliance with data protection regulations and support them in resolving disputes.
In the US, the average salary for a crypto legal expert ranges from $174,000 to $279,000 a year.
To land this best-paid blockchain job, you need a Juris Doctor (JD) degree from a recognized law school. You can take courses in cryptocurrency, fintech law, and blockchain technology. Institutions like MIT, Stanford, and Coursera offer relevant programs. Working in a law firm or legal department will help you obtain a solid foundation in legal practice.
Blockchain Developer
A blockchain developer develops smart contracts and decentralized applications (dApps) based on blockchain technology. These professionals establish security protocols, design the infrastructure for a blockchain project, and create codes. On average, blockchain developers get $146,250 a year.
A blockchain developer must have a bachelor’s degree in computer science, information technology, or related. They also need experience in programming in multiple languages. They must know how blockchain channels, decentralized networks, consensus algorithms, and smart contracts work.
The best developers are proficient in cryptography, including hash functions, public-key cryptography, and digital signatures.
You also need to be proficient in the programming languages developers use most frequently, including Solidity, JavaScript, C++, and Python.
Developers use Solidity to build smart contracts on Ethereum. JavaScript is suitable for developing applications and interacting with smart contracts. Python is ideal for scripting and building blockchain applications, and C++ is the main language for developing blockchain protocols.
Blockchain Engineer
Blockchain engineers design, implement, and support blockchain systems. They create blockchain architecture and ensure it integrates with other systems securely.
They also update blockchain codebases and resolve technical issues. Blockchain engineers usually have a degree in computer science, information systems, software engineering, or another related field.
Blockchain engineers receive annual salary from $116,000 to $205,000. To land this best-paying job in blockchain, you must be an expert in decentralized networks, consensus algorithms (e.g., Proof of Work, Proof of Stake), and smart contracts.
In addition to the above-mentioned programming languages, you must be proficient in Go and Rust, which engineers use to develop blockchain protocols and systems. Learn to develop and deploy smart contracts using Ethereum.
Familiarize yourself with tools like Truffle, Ganache, and MetaMask, and know how to use Hyperledger Fabric for permissioned networks. It’s the least you can do to land one of these best-paid blockchain jobs.
Crypto Security Consultant
Crypto companies rely on security consultants to develop security protocols, identify vulnerabilities, and implement measures to protect digital assets. On average, security consultants earn around $91,000 per year.
You need proficiency in Solidity to secure smart contracts on Ethereum and Python for scripting and building blockchain security tools. In addition, you must be well-versed in Ethereum, Bitcoin, Hyperledger, and other major platforms.
Consider certifications like Certified Ethical Hacker, Certified Information Systems Security Professional, or Offensive Security Certified Professional. You might consider blockchain-specific certifications such as Certified Blockchain Security Professional or Certified Blockchain Expert.
Crypto Product Manager
The crypto product manager is the last role we will discuss under our best-paying jobs in the blockchain industry. These experts oversee the development and launch of new blockchain products or cryptocurrencies. With thousands of new tokens constantly being launched, this role is crucial.
Vast experience in the industry is essential. You typically need a degree in business administration, computer science, engineering, or something related. An MBA can also be advantageous.
Beyond formal education, understanding the entire product lifecycle from ideation, development, and launch to maintenance is key. Learn how to research to understand customer needs and pain points.
Familiarize yourself with agile methodologies and frameworks like Scrum used in product management.
Consider certifications from recognized institutions like Product School, Pragmatic Institute, or the Project Management Institute.
To gain experience, apply to blockchain startups or established companies. Use a specialized job board like Crypto Jobs List. Crypto product managers earn up to $240,000 per year, and the figure is constantly growing.
