Top Cryptocurrency Jobs For Those Looking To Join Blockchain Industry
With the ongoing cryptocurrency boom, coupled with the disruptive capabilities of distributed ledger technology, a career that encompasses both aspects is certainly lucrative. Besides promising hefty reimbursements, jobs in the digital currency sector are somewhat future-proof because the technology is still in its developmental stages.
Upon casually searching for crypto-related jobs on Google, the search results will return several options, some of which are illegitimate. Nonetheless, if your interest in blockchain technology transcends mere investment, here are the top-rated carrier in the sector as of now.
Cryptocurrency Data Scientist
For those who desire to earn enormous salaries and attract interest from key industry players, then being a cryptocurrency data scientist is probably the best bet. As at the time of writing, the mean annual income for this profession exceeded $120,000, making it one of the highest paying jobs in the US.
Typically, this job involves the prediction of the market values of digital assets using deep learning and big data analytics. Therefore, it is imperative for the experts to have a background in computer science, preferably an undergraduate degree. In addition, knowledge of data science is an added advantage. Moreover, digital currency data scientists need to regularly update their portfolio to fend off the competition provided by upcoming AI-based expert systems.
Cryptocurrency Project Manager
Usually, this position is suited for individuals who are passionate about digital currencies but lack knowledge of computer science and other technicalities. However, project managers have to demonstrate an exceptional understanding of the concepts behind the operation of cryptocurrencies. To this end, they must be adept at explaining such concepts in a language that is understandable to lay-people.
Similar to other management roles, project managers must be organized and possess a business-related degree. Presently, the average annual salary of a crypto project manager is around $105,000.
Smart Contract Developer
Initially, the development of smart contracts was limited to the Ethereum network. Back then, the Ether blockchain was the only platform that supported smart contracts, and developers have to be conversant with its proprietary programming language, known as Solidity.
Nowadays, additional blockchains such as DAG and NEO have adopted the usage of smart contracts, thus intensifying the demand for smart contract developers. Smart contracts are invaluable since they are the instruments that make blockchain projects applicable in real-life situations.
To delve into smart contract development, an individual must be proficient in regular coding first. Afterwards, they must learn the specific programming language for the particular blockchain network on which they want to create smart contracts. This job retains a mean salary of $120,000 per year.
The Ethereum developer community is undoubtedly the world’s largest pool of blockchain programmers. For this reason, the Ether blockchain is also the leading hub of decentralized applications. As with any other programming job, a strong knowledge of coding is required. Moreover, individuals will be required to be comfortable with Solidity, ETH's native programming language.
Before being admitted to the developer community, programmers must undergo a mandatory boot camp to get acquainted with the development of DApps. This job usually pays a minimum of $110,000 per annum.
According to Upwork, a leading freelancing site, the most sought skill in the first quarter of 2018 was blockchain. Blockchain engineers are irrefutably the most crucial element of any cryptocurrency project since their knowledge is needed to construct the platforms' underlying mechanism.
Nevertheless, this position requires the utmost tolerance as well as impressive communication skills. This is because most of the people who want to create blockchain projects expect such solutions to be built within a short time, while they actually require extended periods and extensive thinking and research. Also, proficiency in blockchain technology is mandatory.
While most of the top jobs in the cryptocurrency sectors require a technical background, this does not necessarily lock out individuals without programming knowledge. Such positions include administrative jobs, sales and marketing, public relations, and so on. While working at this ‘non-technical’ positions, passionate individuals will eventually further their understanding of the technology, albeit in a fundamental way.
Top Cryptocurrency Jobs Conclusion
Evidently, there is no shortage of jobs in the digital currency sector. However, it is important to note that this industry is highly volatile, a factor that may result in the premature failure of a startup, making you lose your job. On the other hand, blockchain is still in its early stages, yet it has demonstrated that it has enormous potential. Therefore, it is definitely worth taking the risk.