By Nathan Ferguson
In the recent years, the concept of Web3 has started to take the business web developers by storm. Now looking at the picture beyond Web2 and finding out newer concepts for creating, organizing and managing the meaning from the large volumes of data created by the users is the main goal of the modern business models. However, the recent developments in the web have to be made more vivid and clear.
As expected and envisioned by the web developers and business strategies, the concepts of Web3 and Semantic web are integrated with one another. This idea of World Wide Web was firstly proposed in 1999 by Tim Berners Lee. In order to derive and comprehend meaning from the semantic data, he discovered that robots have the potential to speak to one another.
In addition to that, a number of more portable and compact applications are being created by the computer scientists and corporations that would use interactive features of Web2 and the crowdsourcing methods in order to organize the data. Therefore, in the Metaverse and crypto markets, there can be seen a constant increase in the demand of blockchain and Web3 developers.
Here is a comprehensive article that will explicitly explain to the readers the importance and applications of Web3 development and why it has become necessary to learn the Web3 skills in the present era.
What is Meant by Web3 Development?
Due to the increased number of advancements occurring at the same time, the world has transformed a lot. The computers that existed initially were similar to the calculators. However, the Web3 technologies such as blockchain which are a trend now a days were as a result of commercialization of internet. The practice of building the decentralized applications on the blockchain is referred to Web3 development.
In most of the decentralized finance protocols, the cryptocurrencies are mostly used. Crypto tokens are rewarded to the participants who want to help in enhancing or contributing, running and developing the DeFi projects.
The better use of technology to secure the digital assets is well known to the Web3 developers as they are usually the people who are expertise in computer science, mathematics and blockchain. Smart contracts can be created by them for a number of fields that may include finance, health or real estate.
The developer having the knowledge and understanding of blockchain technology and those who can solve the problems, be creative and have great communication skills are highly required by the blockchain industry.
Moreover, the smart contracts that are used on the Ethereum blockchain require the Solidity programming language and it is expected that the computer engineers are familiar with it. In addition to that, for writing the smart contracts JavaScript and C++ should also be known to the blockchain engineers.
Difference Between Web2 and Web3
There occurs the difference of decentralization of data in the Web2 and Web3 technologies.
- Web2
The second revolution in the internet is termed as Web2 normally. This is the tenure where the web has seen a huge increase in the number of content creators. The prior one to Web2 was Web1, that actually existed for consuming information and was end user oriented.
However, when the end user was allowed to create content on the social media platforms, it gave rise to Web2. The content on the social media platforms became popular and then the content creators became celebrities. This also led to the growing together of both the content creator and the consumer.
The main reason of popularity of Web2 was the centralization of data. The data of the entire world is controlled by the bigger companies and firms. The data from different sources can be acquired easily as the larger companies further had branches that were the smaller ones.
However, the centralization of the data then became a problem for the content creators as spending their energy and time over the internet, they had no control over their data. This called for a revolution in the internet technology.
- Web3
Then after Web2, emerged Web3 that is considered as the latest revolution in internet technology. The decentralization of data using the blockchain technology and the tokens in economic sector was termed as Web3. An Ethereum co-founder named as Gavin Wood coined the term Web3 in the year 2014.
Because of the multiple platforms and resources that are available at present to develop the applications based on blockchain helped in providing the recent popularity to Web3. However, there are still a number of opinions regarding the Web3 technology. Some of them are of the view that this trend will not last longer while some consider it a big revolution in the internet space.
But ne cannot deny the fact that because of Web3, the learning and developing process of the community has increased. There are a number of startup ideas that are emerging because of Web3 development. Moreover, the development process is being increased because of the tools that are being built by the companies. Web3 projects also have grants associated with it.
Places Where Web3 Development can be Learned
In the blockchain sector, as the Web3 developers are now being paid high salaries, a number of Web2 developers are now aspiring to learn the Web3 development and technology. There are several ways using which one can learn Web3 development, some of which are mentioned below.
- By Following Seasoned Blockchain and Crypto Influencers on Twitter
First of all. In order to begin the journey in the Metaverse and Web3, one should follow the seasoned crypto and blockchain influencers on Twitter. This will help in learning about the projects that the developers and influencers are working upon at present.
Constant updates about the Ethereum blockchain are being shared by the core Ethereum developer Tim Beiko and the co-founder of Ethereum Vitalik Buterin. The followers can stay updated about the situation and the changing trends on the blockchain by following their accounts.
- By Subscribing to the Crypto Newsletter and YouTube Channels
In order to discover the Web3 tools that are needed, one can subscribe to the crypto newsletter. Moreover, to learn the Web3 development strategies and techniques free of cost, YouTube channels such as Patrick Collins and Smart Contract Programmers can be subscribed by the users.
- By Joining a Web3 Developer DAO or Discord Server
By joining the decentralized autonomous organization (DAO) or a Discord Server, Web3 development communities can be discovered by the users. In order to collaborate on the matters related to decentralized governance and decentralized applications, the developers working with decentralized autonomous organizations often seek the help of volunteers.
Moreover, to start the development of the blockchain profile and to engage with the blockchain activities, contribution to the Discord server of Web3 project is considered the most ideal method. This can be done if one responds to the inquiries of the users. In addition to that, the beginners can get the access to the educational material related to the Web3 development by following the hashtags that can be found on the servers of these channels.
- By Enrolling in Web3 Developer and Course Related to Blockchain
The development skills can be levelled up or the fundamentals of Web3 development can be acquired by the users by learning through the paid or free courses that are taught by the experienced instructors. Free courses such as Introduction to Decentralized Finance are offered by University of Nicosia. This course helps the users in learning DeFi application stack, DeFi fundamentals and all the applications that exist beyond the decentralized applications.
The course with the title of NFTs or Metaverse can also be signed up by the people who are enthusiastic about using the nonfungible tokens (NFTs). This course charges a minimal fee and helps the people to learn the creation of nonfungible tokens. The learners will also be rewarded with a course certificate at the end.
There are platforms such as Coursera that help the people in upgrading their skills free of cost. The people who inspire to learn the basics of Web3 development and programming such as creation of full stack decentralized applications, creation of nonfungible tokens, writing the Solidity smart contracts etc. can learn all these skills by joining the Web3 University.
The development of nonfungible tokens, ERC-20 tokens and the full stack blockchain development can be learnt through a number of Ethereum community tutorials present on the web. Moreover, CryptoZombies is considered as an interactive platform that helps in teaching the creation of a game of crypto collectibles. This further helps in the creation of smart contracts in Libra or Solidity.
One can also learn from the professional developers that are constantly contributing to the open-source Web3 development by following the Web3 Git Hub. This can also help in finding the Web3 builders.
- By Participating in Web3 Hackathon
A coding event organized by the community that brings the technical experts and programmers on one page for the creation and enhancement of new piece of software is termed as Hackathon or codefest. In order to participate in the hackathon, it is not necessary for anyone to be an expert developer.
The expansion of the Web3 community can also be catalyzed by using Hackathons as they own a stronger community spirit. The advanced coders and even the beginners can improve their programming skills and the earn fundings for the development of decentralized applications by using the Web3 hackathons such as Solana Summer Camp, ETHOnline, Polygon BUIDLit, BUIDLathon of ETHDenver.
As the blockchain technology is still evolving and growing better, a greater number of robust and active Web3 products can be developed by diverse thinking among the developers.
- By Building Something On Alchemy
A highly scalable, accurate and reliable provider of Web3 infrastructure is known as Alchemy. Some of the best blockchain tools required for development, services, APIs, customer support to build the decentralized applications can be easily accessed by the developers who build on Alchemy. Experts consider Alchemy a best way to enter the web space for someone who is serious in becoming a web3 developer.
- By Completing a Web3 Course or Tutorial
One can start building the portfolio with smaller projects and adding them to his profile on the social media. In order to build decentralized applications, it is not necessary that one has to be a professional. The tutorial helps in learning the basic coding and programming skills.
One can easily build the Web3 applications after completing a course available over the web. Moreover, the completion of any course also rewards a certificate that could add up to the profile of the developer.
Method to Become a Web3 Developer
There are merely simple steps that help the ones who are interested in becoming the Web3 developers to start a career in the decentralized web space. Those steps are mentioned below.
- First of all, using the number of ways and methods mentioned above focus on learning the basic and fundamental concepts of computer science, blockchain technology and cryptography.
- Then one has to develop the familiarity with the programing languages that are required for creation of Web3 platforms. Though a number of options are available for one when it comes to programing languages, yet Solidity, C++, JavaScript and Python are the ones that have a higher demand in the market.
- The data structure that is needed for programming is required to be comprehended by the developers. A better code can be written by the them if they have a sound understanding of the fundamental components of the project.
- The last step is to test the smart contracts on the testnets of the blockchain platforms after developing them. The testing platforms may include Cardano or Ethereum etc. Typical mistakes and code errors can be avoided by the blockchain engineers by doing this. Otherwise, these mistakes can lead to problems related to data integrity and financial losses sometimes.
Earning of Web3 Developers
In order to tackle the situation of restricting the data to a single cloud server, such applications are constructed by the Web3 developers that are distributed on the decentralized network that work on peer-to-peer protocol or on the blockchain that is not controlled by any one entity.
In the post COVID-19 period, due to the increased growth of Web3 space, the workers in the technical industry are in a great demand. The people who have the knowledge and understanding of concepts such as Metaverse, Nonfungible tokens, cryptocurrencies, blockchain and its applications are gaining a great benefit out of it and earning a huge income through it.
At present the coders that are beginners and working at lower levels are earning an income between worth 60,000 to 120,000 dollars annually. However, the seniors and lead Web3 developers are earning about between 100,000 to 142,000 dollars per year.
The salary of a developer is affected by factors such as seniority, the understanding level of programming languages and experience. There are a number of online websites that are providing opportunities to the developers to make money. These platforms may include web3.career, Indeed.com or cryptocurrencyjobs.co etc.
The Future of Web3 Development
In the past few years, the technological development around the globe is gaining pace. The interaction between almost everything including humans and machines has been made easier with the decentralization of the internet.
As the Web3 development allows the user to have a control over their data while using the decentralized applications and also reward the people who participate in the decentralized space, the Web3 development is gradually becoming dominant in the crypto ecosystem.
Though the internet is growing fast, and the information is expanding, the requirement of a universal standard will gradually decrease and there will be an effective interaction of data will be possible without considering the methods by which it was created in past. During the existence of Web1, when Web2 was created, the market comprehended it thoroughly and understood the importance of Web2 development at that time.
However, the experts are of the view that now when the employment opportunities are increasing with the development of Web3 and as everyone is understanding the importance of Web3 development, the surge for income will outpace the situation that occurred at the time of Web2 development.
Therefore, there may occur basic economic changes in the ideology of Web3 technology that may further result in a huge shift experienced by the audience of Web3. There will be a huge demand of developers and other positions related to technology. It is expected that, over the net decade a considerable growth and value will be created by using the potential of Web3 development.
Conclusion
In order to become a Web3 developer, one needs to learn some basic programming skills and follow multiple social media entities that update him constantly about the changing trends. It is not at all a difficult task to become a web3 developer.
In the emerging decentralization of internet, the world is shifting towards Web3 technology rapidly. Giving the control to the owners over their data and privacy, it is providing multiple employment opportunities and helping the developers earn a sound income.