Economy and Budget - Discussion

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In terms of recommending blockchain to businesses, if running Ethereum is so expensive and so slow, sounds like the only practical use case I can think of at this point is to run ICO. Filip can you provide any practical use cases for Ethereum to be adopted in real business world (other than running ICO)? Compared to: VET has own proprietary digital tag to track genuine products and fight counterfeit, Elastos is releasing carrier nodes in tv boxes, even Tron is almost 100x faster, why would we even consider Ethereum for our clients?

It is expensive and slow, correct. But it also has a lot of proof of work behind it, so it’s quite secure.

But I would agree that ICOs are the most common use case right now, but we have a lot of ICO clients as well. Gaming is another big one, with ERC721 tokens for example. I think that is going to grow, fast.

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True, gaming would be perfect use case and early adopter!

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Hi Filip, I would like to know how much a blockchain consultant could charge per hour. I want to start my business very soon and I need some numbers to have some idea of the market. Thanks.

Filip, I want to tell you as well that I enjoyed this course a lot, I did learn lots of usable things and I am so happy for that. Thank you and Ivan for this invaluable opportunity and for your amazing work. Of course I am going to continue painting the owl. Thank you a million guys !

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Hi Nando,

I personally use www.glassdoor.com to review salaries in the United States. It will provide an idea of where to start and also considering what you feel your time is worth. It has jobs posted and the requirements needed to fulfill the position. I think it will be a great resource for you.

Wishing you the best of luck with your endeavours!

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It would actually be difficult to say. It depends where you live I would say, or where your customer lives. I think you could charge anywhere between 100 and 500 dollars per hour. Depending on the customer and the service you are providing.

If you are starting out, start cheap and move your way up.

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Hi Filip,

there are actually some interesting business blockchains (NEM, Neblio, Nuls, Dragonchain, Stratis…), which are much faster & cheaper than Ethereum, because they use APIs to connect existing front end within a business instead of executing every piece of code on a blockchain based virtual machine. As far as I understood, most business use cases don’t need something like EVM (researching at the moment in order to prepare my own use case). I really would like to learn more about that (pros & cons, comparison Hyperledger, Eth, other Business Blockchains)…

I like your course very much, but actually am a bit disappointed that you only cover Hyperledger. Maybe this could be some topic for another course or youtube video?

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Hey there,

I just take a look for all the course because I have an interview on a Blockchain Consultant position tomorrow.

It is for an enterprise interested in Hyperledger and Quorum and I don’t have f***ckin clue of what salary I should say.

It would be helpful if Filip, based in his experience, tell us how much time, in average, takes each of the 5 steps that shows in the video (requirements, design, develop, test and maintenance).

Thanks a lot, here from Madrid-Spain

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It’s impossible to say. Me and most other consultants I know work on an hourly ongoing basis. It’s never a good idea to try to estimate the nr of hours for a full project.

Thank you for the feedback :slight_smile:

Hi @Nando ,

My first invoices as a blockchain project consultant were at € 150 per hour (i.e. 165 US$). I am in Switzerland and I was invoicing a French company.

And when I gave courses at HEG Geneva University about “Blockchain and new technologies” my invoices where at CHF 145 per hour (i.e. 148 US$) which is the standard rate for this university.

I have also created a professionalizing course to transform “project managers” into “blockchain project managers”, course which takes place in Paris in alyra.fr school since October 2019. For this course I don’t have a price per hour, because I will receive royalties, i.e. each trimester when the course begins with new students I will receive a percentage of the student registration fees.

A long time has passed since your post, please give us some news about your business ? I wish you all the best :smiley:
With kindest regards from Switzerland, Chantal

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Alohaa!before i join this courses i was asking to an EOS kind of platform based in Indonesia,from their proposal to my preposition i find out that they charge 5 million Rupiah (1 $ = 14.000 Rupiah) for making a Token for my customer loyalty program, with 3 month of maintenance, and 150 million Rupiah for building the Dapps of the coffeeshop with also 3 months worth of maintaining the sites, Just for Sharing, thanks for everybits of knowledge from the lectures, wish u all the best!

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