Meme Insider
Hey there, crypto enthusiasts and blockchain pros! If you’ve been keeping an eye on the Web3 space, you might have stumbled across a thought-provoking tweet from hitesh.eth, a seasoned voice in the Indian Web3 scene. On July 10, 2025, at 07:18 UTC, hitesh.eth dropped a bombshell: “Web3 salaries and incentives are likely to drop by 50–90% over the next 2–3 years as mainstream adoption accelerates, bringing in a wave of cheap and talented labour from Web2.” This prediction has sparked curiosity and concern alike—let’s break it down and figure out what it means for you.
Why Are Web3 Salaries Expected to Drop?
The idea behind this forecast ties directly to the evolution of blockchain technology. As Web3—think decentralized apps, cryptocurrencies, and the metaverse—moves from a niche field to mainstream use, more people are jumping in. According to cryptojobslist.com, the average Web3 salary globally is currently around $83,411 per year. But as adoption grows (think along the lines of the recent Bitcoin ETF approval boosting public interest, as noted by blockworks.co), the demand for specialized skills might shift.
Hitesh.eth suggests that this influx will include a “wave of cheap and talented labour from Web2.” Web2 refers to the current internet we all know—centralized platforms like Google or Facebook—while Web3 is its decentralized successor built on blockchain. As more Web2 professionals (developers, designers, marketers) transition to Web3, the talent pool will expand. This could drive down salaries because the supply of skilled workers will outpace the demand for high-paying, early-adopter roles.
What Does This Mean for Blockchain Practitioners?
If you’re already in the Web3 game or planning to join, this could be a game-changer. Here’s how it might play out:
- Lower Entry Barriers: With more Web2 talent entering, skills like smart contract development or decentralized finance (DeFi) might become more accessible. This is great news if you’re just starting out, but it could mean less premium pay for veterans.
- Increased Competition: As leewayhertz.com points out, migrating from Web2 to Web3 involves adopting new tools like crypto wallets. The more people who master this, the tougher it’ll be to stand out.
- Focus on Specialization: To stay competitive, you might need to niche down. Think areas like security audits, interoperability solutions, or meme token analysis (hey, that’s what we do at meme-insider.com!).
How to Prepare for the Shift
Don’t panic just yet! A salary drop doesn’t mean the end of opportunities. Here are some practical steps to future-proof your Web3 career:
- Upskill Continuously: Dive into advanced topics like layer-2 scaling or zero-knowledge proofs. Platforms like numberanalytics.com highlight that tech jobs, including blockchain, are growing 13% from 2020 to 2030—specialization could keep you ahead.
- Build a Portfolio: Contribute to open-source projects or meme token initiatives to showcase your expertise. Hands-on experience beats a resume any day.
- Network Smartly: Engage with communities on X or at local meetups. Hitesh.eth’s own journey, as shared in his thread here, shows how early networking shaped his success.
- Diversify Income: Consider staking, bounties, or creating content (like this article!) to supplement your earnings as salaries adjust.
The Bigger Picture: A Maturing Ecosystem
Hitesh.eth’s prediction aligns with his reflections on the Indian Web3 scene, where he saw it evolve from a curiosity-driven space to a hype-fueled “circus.” As mainstream adoption matures the industry, the focus might shift from quick profits to sustainable growth. This could mean lower salaries but also more stability and real-world impact—like blockchain in supply chains or digital identity, as noted by numberanalytics.com.
Final Thoughts
A 50-90% salary drop sounds daunting, but it’s also a sign of progress. The Web3 space is leveling up, and with the right moves, you can ride this wave instead of getting swept away. What do you think—will you adapt or pivot? Drop your thoughts in the comments, and let’s chat about it! For more insights on meme tokens and blockchain trends, stick with us at meme-insider.com.
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