How much does it cost to build a blockchain app?
Narrowing down the requirements (in terms of developers, project managers, marketing professionals, etc) it will cost you $15000 to $60000 to create a blockchain application. In the blockchain application Development Industry two major types of rate parameters exist which are average and median.
LinkedIn’s 2018 US Emerging Jobs lists Blockchain Developer as first on the list of top five emerging jobs. A search of “Blockchain in the United States” on LinkedIn would display over 3000 results. All these points to the fact that companies and organizations are hard at work building blockchain applications.
Cost for hiring a developer to build a blockchain application would depend on their location, their level of experience and the scope of the project. A blockchain developer is typically expected to have two distinct skill sets. On the one hand, the developer must know how to build on a blockchain framework like Ethereum, Hyperledger, MultiChain and R3 Corda. There are also blockchain specific programming languages like Vyper, Serpent, Sophia and Solidity, knowledge of which is essential.
On the other hand, proficiency in programming languages and web frameworks such as JavaScript, Ruby on Rails, NodeJS, Golang is essential so that you can build a web/ mobile app which delivers your blockchain logic.
On an average, blockchain developers in the US charge about $100 per hour. In North America, the figures are a bit higher at $150 – $200 per hour.
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