Web3 is the biggest technology trend everyone wants to know about. Contrary to general assumptions, Web3 is not a new technology, tool, or software. As a matter of fact, Web3 is a set of principles and a collection of technologies that aim at democratizing internet. As of now, the global web3 market has a capitalization of almost $27.5 billion, and web3 has penetrated multiple industries. For example, almost 56% of finance apps utilize Web3 technology.
Interestingly, the growth of Web3 has also fuelled the rise in demand for talented web3 developers. Do you want to know the important Web3 skills to learn to become an expert Web3 developer? Web3 is gradually emerging as a massive phenomenon in the world of technology, with promising use cases across different sectors. Let us find out how you can capitalize on the opportunities for Web3 developers in this emerging market.
What is the Web3 Philosophy, and what is the Role of Web3 Developers?
The concept of Web3 is still a mystery to many people. As the demand for web3 technologies gains momentum, it is important to learn what it entails before pursuing career paths in web3. One of the top web3 developer skills is a detailed understanding of how web3 works and its importance for the world of technology.
Web3 projects leverage blockchain technology to create a decentralized internet. At the same time, it is important to understand that Web3 also means a semantic web with ubiquitous accessibility. It means that you could access the internet from anywhere, and the internet would become smart enough to understand the emotions and context of user messages.
The third generation of the web, or Web 3.0, aims to create an internet where users would have complete control over their data and digital assets. The significance of web3 developer skills in creating the decentralized web serves as a prominent reason for the growing demand for web3 developers.
Web 3.0 philosophy revolves around removing the monopoly of big tech giants over the technological landscape. However, Web3 is still in the nascent stages of development, and the world might not witness its full potential soon. On the contrary, the pace of innovation in the field of Web3 has increased by huge margins. Developers play a crucial role in encouraging the innovation required for shaping up Web3.
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What Does a Web3 Developer Do?
The objectives of a Web3 developer focus on developing smart contracts and decentralized applications based on the principles of Web3. In addition, web3 developers also work on 3D modeling, 3D content creation, and 3D design for use cases of web3 in gaming. Before you find an outline of the web3 developer required skills, it is important to understand the work of web3 developers. Some of the notable roles for web3 developers include web3 developers, web3 software developers, smart contract engineers, and backend developers.
Web3 developers help in designing, developing, and optimizing protocols that could support Web3 solutions. For example, Web3 developers can help in creating a consensus mechanism for blockchain networks. The work of Web3 developers could also involve development of dApps and the implementation of smart contracts. Another promising role in a Web3 developer roadmap is for a smart contract engineer.
Smart contract engineers help in developing and auditing smart contracts alongside understanding the business flows and developing the security infrastructure. Backend developers could help in designing and developing APIs, deploying blockchain networks, providing technical support, and designing technical specifications for dApps.
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What are the Reasons to Become a Web3 Developer?
The next crucial highlight in the roadmap for a Web3 developer would point at the reasons for becoming a Web3 developer. You can find answers to “What are web3 skills?” required for web3 developers only after finding the reasons to become web3 developers. The reasons should be convincing enough to help you decide that you should invest efforts in learning the skills of Web3 developers. Here are some of the important reasons for becoming a Web3 developer.
Lucrative Salary Package
The first factor that can convince you to prepare for the role of a Web3 developer is the salary estimate. You should know that the top web3 developer skills might seem like a challenging task. However, the rewards for your efforts in learning the important Web3 skills include lucrative salary packages. The average annual salary for Web3 developers ranges between $70,000 and $350,000. You can make the most of credible Web3 training resources to become Web3 developers and earn promising financial incentives.
Growing Interest in Web3
Big corporations, venture capital firms, and startups are actively pushing money into the domain of Web3. Therefore, Web3 developers would qualify as the most in-demand job role for driving the growth of Web3.
Flexibility of Job Choices
Another significant reason to learn the essential Web3 developer skills is the flexibility in choosing your desired job role. You can explore different types of roles as a web3 developer and pursue lucrative job roles as you gain more experience.
Contribute to Innovation
The most important reason to invest efforts in learning the important Web3 skills required for developers is the ability to contribute to innovation. You can become a part of the Web3 revolution and identify as one of the early contributors to Web3. The opportunity to create innovative solutions to solve real-world problems can help you find a new perspective on career growth.
What are the Important Skills Required for Web3 Developers?
The roadmap for an aspiring Web3 developer starts with an understanding of the important skills required for the role. As the interest in Web3 continues gaining momentum, the demand for Web3 experts continues growing in different industries. You may have multiple doubts regarding the web3 skills to learn for developing expertise in web3 development.
On the other hand, a step beyond such doubts could help you unravel new possibilities with cryptocurrencies, the metaverse, and NFTs and leverage blockchain to create revolutionary solutions. Here are some of the important Web3 skills you should learn to become a Web3 developer.
1. Learn about the Basics of Blockchain
The first skill you would need to become a Web3 developer is awareness of blockchain technology. What are the fundamentals of blockchain you must learn to participate in web3 development? The recommendations in a Web3 developer roadmap would direct you towards the design and development of smart contracts.
In addition, you must familiarize yourself with the workings of distributed ledger technology and consensus mechanisms. Learn about the importance of decentralization and how blockchain aligns with the principles of Web3. The work of a web3 developer primarily focuses on coding smart contracts, which help in automatically executing transactions on blockchain.
However, web2 developers should note that the backend development in web3 is significantly different from the conventional approaches. On the other hand, the good news is that frontend development in Web3 utilizes the same languages used in Web2 development.
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2. Smart Contract Development
The most important technical skill required for Web3 developers is smart contract development. Web3 developer-required skills in blockchain fundamentals can help in strengthening your conceptual knowledge. However, smart contract development skills help Web3 developers learn the technical skills required to build the infrastructure for Web3 solutions. What do you need to learn in smart contract development?
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3. Familiarize with Web3 Development Tools
In addition, you must learn about the tools for frontend hosting on decentralized storage solutions such as IPFS. Furthermore, you must also familiarize yourself with the ways in which dApps could work for real-world solutions. You can connect web3 apps with the frontend by using SDKs or libraries like web3.js and ethers.js. The libraries could help in finding out the effective ways for implementing Ethereum API alongside conducting Web3 transactions.
4. AR and VR Frameworks
The importance of Augmented Reality and Virtual Reality in the domain of web3 development revolves around introduction of immersive experiences. AR and VR technology has been gaining popularity as the development of metaverse platforms gains momentum. The answers to “What are web3 skills?” required for becoming a web3 developer would also focus on knowledge of AR and VR frameworks.
Web3 developers should know about React.js, Three.js, and WebXR for building web pages. On the other hand, web3 app development would require expertise in libraries such as ARKit for iOS apps. Web3 developers must also develop expertise in ARCore for designing Web3 apps for Android OS.
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5. Familiarizing with Web3 Culture
Another promising entry among the skills required for Web3 developers is the necessity for familiarizing with the Web3 culture. You should know what it feels like to be a Web3 user to create Web3 solutions. Web3 developers must adapt to the mindset of users to understand what they need to build to achieve the best results. Every business leader knows that they can sell their product or service effectively only if they know about their target audience.
What are the effective ways to learn Web3 developer skills while familiarizing yourself with the Web3 culture? The first way to become a Web3 user is to try out new cryptocurrencies. You can join the Web3 community by participating in Twitter forums and other virtual communities for discussions on Web3. The next important pointer for familiarizing with the web3 culture points to playing web3 games or purchasing NFTs. DeFi solutions are also an important instrument for becoming a Web3 user.
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6. Critical Thinking Skills
The list of skills required for Web3 development also includes critical thinking skills for creating Web3 solutions. Developers should have skills in algorithmic thinking, which helps them create precise and structured Web3 solutions for a specific problem. The top web3 developer skills also call for attention to the details, particularly in the domain of security. Smart contracts are sensitive assets as they are responsible for safeguarding thousands and even millions of dollars.
Therefore, Web3 developers must have the critical thinking ability required for comprehensive smart contract audits to ensure secure smart contract development. At the same time, you must also develop abstract thinking abilities or the skills to think from the perspective of systems. You should develop the skills for understanding how Web3 solutions can interact with other systems for additional services.
7. Communication Skills
The final and most significant skill required for becoming a Web3 developer is communication. As a web3 developer, you would have to work with different professionals in the web3 ecosystem. In addition, you would also move further in a Web3 developer roadmap and learn new skills for improving Web3 expertise.
You might have to work in senior roles, where you would have to communicate with multi-disciplinary teams. Your communication skills could help in increasing productivity, reducing errors, and saving time in Web3 development projects. At the same time, communication skills could also serve as a valuable tool for explaining the benefits of their Web3 solutions.
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The final impression regarding the essential Web3 developer skills proves that you would have to overcome challenging tasks. You can reap the rewards of investing your efforts in learning important Web3 skills with lucrative salary estimates. As a Web3 developer, you could participate in an emerging revolution with the innovative potential of Web3.
Cryptocurrencies, smart contracts, DeFi solutions, and NFTs are some examples of Web3 solutions that can revolutionize the world. You can also become a part of the web3 revolution with the help of professional training in web3 development. Explore the top resources to specialize in the most important Web3 skills required to become Web3 developers right now.
*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!