How to Make 6 Figures As A Blockchain Developer? (11 Best Ways in 2024)
So you want to make six figures as a blockchain developer? Good for you! Being a blockchain developer is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.
In this blog post, we'll look at some of the best ways to make more money as a blockchain developer - business ideas you can start to achieve such income. Keep reading to learn more!
1. Become a social media influencer ($57.4K/month)
As a blockchain developer, leveraging social media to become an influencer could significantly supplement your income and even lead to earning six figures. By creating content around blockchain technology, programming tips, and industry trends, you could establish credibility and attract a large following. Companies in the blockchain sphere are often eager to partner with influencers to promote their products or services, creating opportunities for sponsored posts, product reviews, and affiliate marketing.
Additionally, educating others through social media could open up further revenue streams, including offering online courses, webinars, or consulting services. By sharing your expertise and engaging with a growing audience, you could develop a loyal following that not only boosts your brand but also presents numerous monetization opportunities.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
2. Create an online course ($91.9K/month)
Creating an online course could be an excellent way for you to supplement your income as a blockchain developer. By identifying educational gaps in your field and developing engaging video lessons, you could share your specialized knowledge with eager students. This approach allows you to monetize your instructional talents and build a passive income stream with relatively small startup costs.
Offering a self-paced or cohort-based structure, you could attract a wide range of learners looking for convenient access to emerging blockchain subjects. Launching an online course platform is a lucrative venture that caters to lifelong learners and gives you the flexibility to focus on creating quality content. This method not only boosts your income but also enhances your reputation as an expert in the blockchain community.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
3. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a lucrative side business for blockchain developers looking to make six figures. By sharing your expertise and creating engaging, educational content, you could attract a large audience of aspiring developers and tech enthusiasts. Over time, this could help you join the YouTube Partner Program, eventually earning money through ad revenue, sponsorships, and affiliate marketing.
In addition to revenue from YouTube's monetization system, a well-followed channel could establish you as a thought leader in the blockchain community, opening doors to speaking engagements, consulting opportunities, and higher-paying job offers. While building a following will take time and consistent effort, the combination of YouTube’s immense popularity and your valuable industry insights could significantly supplement your income and potentially lead to full-time entrepreneurial opportunities.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
4. Start a blog ($44.9K/month)
Starting a blog as a blockchain developer could serve as an excellent supplementary income stream and potentially help you achieve six figures. With the rising trust and engagement in blogs, you would have the opportunity to establish yourself as an authority in the field, significantly expanding your reach. Sharing insights, tutorials, and updates on blockchain technology could attract a large following, and with approximately 77% of internet users reading blogs, your content has immense potential to gain traction.
Moreover, by choosing a niche you are passionate about, you could effortlessly maintain an engaging content strategy that keeps your audience coming back for more. Monetizing your blog through advertising, sponsored posts, and affiliate marketing could turn this side hustle into a profitable venture. The flexibility of blogging not only allows you to work from anywhere but also to seamlessly integrate it with your existing career as a blockchain developer.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
5. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could be an excellent way for you as a blockchain developer to supplement your income and potentially make six figures. With your specialized knowledge in blockchain technology, you could write high-demand content for tech blogs, industry reports, and educational materials, thereby commanding premium rates for your expertise. The flexibility of freelance writing allows you to define your work schedule and work from home, making it an ideal side hustle or even a full-time business if you choose.
You possess many of the essential skills needed for successful freelance writing, such as strong technical knowledge, the ability to stay on the cutting edge, and self-starter qualities. These traits, combined with proper communication skills and an ability to meet deadlines, can set you apart in the freelance market. By branding yourself as a blockchain expert and consistently delivering high-quality content, you could easily attract lucrative clients and build a sustainable, high-income writing business.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
6. Start an ecommerce store ($287K/month)
Starting an ecommerce store could significantly supplement your income as a blockchain developer. With the booming trend of online shopping due to its convenience and efficiency, you could capitalize on this growing market while leveraging your technical skills to enhance the online customer experience. The low overhead costs, flexibility, and expansive reach of ecommerce provide an excellent opportunity to create a profitable side business that fits alongside your primary career.
You could design and sell niche products or digital services, detailed in product listings that highlight unique blockchain integrations. By creating a well-optimized website with seamless payment and inventory management systems, you could attract and retain a wide audience of customers. This entrepreneurial avenue allows you to potentially tap into six-figure earnings, diversifying your income streams and offering financial security beyond your development role.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
7. Start a career coaching business ($48.5K/month)
Starting a career coaching business could significantly supplement your income as a blockchain developer, potentially helping you achieve six figures. By leveraging your expertise, you could provide personalized guidance and strategic support to individuals navigating career transitions and aiming for professional growth within the tech industry.
Through custom sessions that focus on resume building, interview preparation, and workplace advancement, you could offer valuable insights drawn from your own experience. This endeavor allows for flexible scheduling, the opportunity to build a diverse client base, and the chance to empower others while monetizing your skills and setting your own work hours.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
8. Digital products ($261K/month)
As a blockchain developer, you could significantly supplement your income by creating and selling digital products. These products might range from software-based solutions like blockchain apps or smart contract libraries, to information-based offerings such as eBooks or online courses on blockchain technologies. The wide array of possible digital products allows you to leverage your unique expertise and fill existing gaps in the market.
Digital products are particularly advantageous because they’re easy to create and distribute. With your skill set, you could develop them single-handedly without the need to hire additional help, allowing for a higher profit margin. Furthermore, digital products do not require physical storage or inventory management, streamlining the sales process and enabling direct sales from your own website.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
9. Start a podcast ($97.9K/month)
Starting a podcast could be a lucrative way to supplement your income as a blockchain developer. By creating and producing content that delves into blockchain technology, cryptocurrency, and related subjects, you could establish yourself as a thought leader in the field. With minimal initial investment—just a good microphone, headphones, and an affordable hosting platform—it's a cost-effective way to reach a wide audience.
As your podcast gains traction, you could promote it through social media and online communities to build a dedicated listener base, eventually attracting sponsors and advertisers. Additionally, podcasting could open doors to other opportunities, such as speaking engagements, consultancy gigs, and even online courses, all of which could significantly boost your income. Engage with your audience consistently and share valuable insights to pave the way toward making six figures.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
10. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be a lucrative side venture for a blockchain developer looking to make six figures. This opportunity allows you to use your existing technical skills to automate and optimize campaigns using social media marketing tools, requiring less time investment while still generating significant income. With a well-structured social media marketing strategy, you could efficiently serve customers, clearing your utility bills or saving for bigger financial goals.
By creating an agency portfolio, you could effectively market your services to potential clients, leveraging your blockchain expertise to stand out. An entrepreneurial mindset combined with cutting-edge marketing tools could enable you to run a successful side business or even transition to a full-time venture, providing a robust supplemental income stream. This approach could facilitate achieving and surpassing the six-figure milestone in your career.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
11. Become an affiliate marketer ($55.3K/month)
As a blockchain developer, you could supplement your income by starting an affiliate marketing business. Leveraging your existing technical skills and industry knowledge, you could easily promote blockchain-related products and services to your network, earning commissions for every sale made through your referrals.
Since this venture requires minimal upfront investment, it’s an excellent low-cost option to explore. By signing up for affiliate programs and using your expertise to drive traffic, you could create a lucrative side business, potentially propelling you towards a six-figure income.
This entrepreneurial endeavor could provide a steady stream of additional income while allowing you to remain immersed in the blockchain industry, thereby broadening both your professional and financial horizons.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
