The hourly rate range reflected in this tool is based on the amounts most freelancers with this skill might earn in the 25th to 75th percentile. This tool also reflects expected rates in the top 10% and bottom 10% as starting and ending values. Several factors can influence your expected rate, including location, experience and competency in the particular skill, track record of success, and complimentary soft skills such as clear communication and leadership ability.
The calculator sources information from our large database of vetted freelancers. Data is regularly updated and excludes hourly rates that deviate substantially from the norm.
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Blockchain is a special database comprised of a list of records, or “blocks”, linked together through cryptography and thus unalterable. Blockchain was invented in 2008 by person using the pseudonym Satoshi Nakamoto to serve as the public transaction record of Bitcoin, a cryptocurrency or digital asset that could be used as a replacement for existing fiat currencies, thus eliminating the requirement of having a central authority which approves transactions. Blockchain development gained popularity due to the adoption of this technology by cryptocurrencies like Bitcoin, and it is used together with cryptocurrencies to implement peer-to-peer (P2P), open, and distributed services. Blockchain’s primary usage is large, public databases that are immutable—in other words, they can’t be tampered without spending massive amounts of resources. Blockchain developers are responsible for designing, implementing, and supporting distributed blockchain-based networks. Their primary responsibilities include analyzing requirements, designing blockchain technology around certain business models, and the building and launching of blockchain networks. As such, blockchain engineers possess solid computer science background, experience in network development, and some programming skills.
Freelancers around the world who are skilled in Blockchain and are within the interquartile range (25th-75th percentile) can make a salary of $83,200 per year, or an hourly wage of $40. While the freelance blockchain developer hourly rate can vary based on where they live, remote blockchain developers can also command different blockchain contractor rates based on their years or quality of experience.
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Toptal is the largest fully remote network of high-skilled freelancers in the world. We created this tool using our large, comprehensive database of vetted freelancers. Data is regularly updated and excludes hourly rates that fall in the 1-10th percentile and in the 90-100th percentile to remove outliers.
The Freelance Calculator empowers you to see how much you could earn as a freelancer, including what your hourly rate would need to be to match your current or desired salary based on the number of hours you work per week.
Calculations of weekly, monthly, and yearly salaries are determined by a one week unit of measure: hours per week multiplied by hourly rate. By default, values are 40 hours per week and the 25th percentile hourly rate. Monthly salaries are calculated as the summation of 4 weekly salaries, and yearly salaries are calculated as the summation of 52 weekly salaries.
Thinking about making the jump into freelance work? Or already freelancing and interested in discovering best practices? This guide is for you.View guide