Where to hire crypto developers in 2023
The demand of hiring crypto developers is increasing to meet the requirements of blockchain projects. Nowadays, there are many ways to hire talents in this industry. In this 5-minute article, let’s dive into 3 popular approaches to recruiting crypto developers.
1. Hire crypto developers: In-house or outsourced?
Should businesses hire crypto developers in-house, hire freelance crypto developers or look for a technical outsourcing agency? Each option has its own pros and cons, depending on your project goals, requirements, budget, timeline, and management capacity.
Here are some of the main factors that you should consider when making your decision:
• In-house developers
Hiring in-house developers means that you have full control over the quality, direction, and security of your project. You can communicate with them easily, implement changes quickly, and ensure that they have a deep understanding of your business and vision. However, hiring in-house developers also comes with some challenges, such as finding and retaining qualified talent, paying high salaries and benefits, providing training and equipment, and managing the workload and performance of your team. Hiring in-house developers is a good choice if you have a long-term project that requires core competencies and constant communication with your developers. You can use your own network or industry peers to get recommendations or referrals from people who have worked with crypto developers before. This can help you find reliable and trustworthy developers who have relevant experience and skills. You can also attend events, meetups, or conferences related to blockchain and cryptocurrency, and network with potential developers there.
• Freelancer developers
Hiring freelancer developers means that you can access a global pool of talent, find specialists in niche technologies or use cases, get faster output and hiring, and pay lower costs. You can also scale up or down your team as needed, depending on your project scope and duration. Butyou need to be careful with the quality and reliability of the developers on these platforms, as they may not have a very strict screening process or quality assurance.
However, hiring freelancer developers also comes with some risks, such as quality and reliability issues, communication and coordination challenges, security and confidentiality concerns, and legal and contractual complications.
Some of the popular freelance platforms that specialize in connecting businesses with crypto developers:
- Toptal: Toptal is a marketplace for top crypto developers, engineers, programmers, coders, architects, and consultants. They have a rigorous vetting process and only accept the top 3% of freelance talent. They offer a no-risk trial period and flexible engagements. However, Toptal may charge higher fees than other platforms, and their availability may be limited due to high demand.
- Upwork: Upwork is a well-known platform for finding remote freelance workers. They have more than 12 million users and a variety of skilled developers. You can use their intuitive layout and built-in algorithms to find the right crypto developer for your project. However, Upwork may have quality and reliability issues, communication and coordination challenges, security and confidentiality concerns, and legal and contractual complications.
- ProCoders: ProCoders is a hiring service that helps you find and hire crypto developers from Eastern Europe. They have a team of experienced blockchain experts who can help you with your project from start to finish. They offer fixed-price or hourly contracts, transparent communication, and quality assurance. However, ProCoders may have cultural and language barriers, possible hidden costs and delays, and difficulty in integrating the outsourced product with your existing systems.
- Arc: Arc is another platform that helps you find top crypto developers within 72 hours. They have a Silicon Valley-caliber vetting process and a network of over 34,000+ software engineers available for hire on a freelance, contract, or permanent basis. However, Arc may have loss of control over the project direction and details, potential cultural and language barriers, possible hidden costs and delays, and difficulty in integrating the outsourced product with your existing systems.
- Ithire: Ithire is a platform where you can hire web developers for your projects online. They have a category for crypto developers who can help you with your cryptocurrency exchange development, smart contract development, blockchain integration, and more. However, Ithire may have quality and reliability issues, communication and coordination challenges, security and confidentiality concerns, and legal and contractual complications.
• Technical outsourcing company
Hiring a technical outsourcing company means that you can delegate the entire development process to a professional and experienced team that can handle everything from design to deployment. You can benefit from their expertise, quality assurance, project management, and support services. You can also save time and money by avoiding the hassle of hiring, training, and managing individual developers. However, hiring a technical outsourcing company also comes with some drawbacks, such as loss of control over the project direction and details, potential cultural and language barriers, possible hidden costs and delays, and difficulty in integrating the outsourced product with your existing systems. Hiring a technical outsourcing company is a good choice if you have a complex or large-scale project that requires a comprehensive solution and minimal involvement from your side.
2. Internal flow to select a blockchain development agency
If choosing an IT provider is your selection, here are step-by-step flow that might help you in your decision-making process:
• Define project goals and requirements clearly
Before you start looking for a blockchain development agency, you should have a clear idea of what you want to achieve with your project, what features and functionalities you need, what budget and timeline you have, and what challenges and risks you anticipate. This will help you narrow down your options and communicate your expectations effectively with potential partners.
• Research and compare agencies
You can use web search tools like Bing to find and compare different blockchain development agencies based on their experience, expertise, portfolio, reviews, ratings, awards, and certifications. You can also look for recommendations from your network or industry peers who have worked with blockchain development agencies before. You should look for agencies that have relevant experience and knowledge in the blockchain platform and use cases that you are interested in, as well as a proven track record of delivering successful projects.
• Evaluate the quality and compatibility
Once you have a shortlist of potential blockchain development agencies, you should evaluate their quality and compatibility with your project. You can do this by checking their work samples, case studies, testimonials, references, and feedback from previous clients. You can also request a proposal or a quote from them, which should include the scope, deliverables, timeline, cost, and payment terms of the project. You should also conduct interviews or meetings with them to assess their communication skills, technical skills, problem-solving skills, creativity, and professionalism. You should look for an agency that can understand your vision and needs, offer innovative and feasible solutions, and work collaboratively with you throughout the project lifecycle.
• Choose the best option
After evaluating the quality and compatibility of different blockchain development agencies, you should choose the one that best suits your project goals and requirements. You should also consider other factors such as the reputation, reliability, availability, flexibility, and support of the agency. You should also review the contract or agreement carefully before signing it, and make sure that it covers all the important aspects of the project such as the scope, deliverables, timeline, cost, payment terms, ownership rights, confidentiality clauses, dispute resolution mechanisms, and termination clauses. With 14+ years of experience, VNEXT Global certainly can help you to optimize your business digitalization within a small budget and short time.
If you are looking for a trusted IT partner for crypto development solutions, VNEXT Global is a prioritized blockchain development company. Currently, we have 400+ IT consultants and crypto developers in Blockchain Development, Healthcare, Mobile App, Web App, System Development and Testing Services. We have provided solutions to 600+ projects in several industries for clients worldwide.
Here is our showcase of current successful blockchain projects.
Please feel free to drop us an email when it is convenient for you to have an online meeting to discuss this further. Have a productive day!