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an interactive hacker bootcamp

Discover HackFactory, an immersive program that unites beginners and experienced professionals in the blockchain development world. This initiative focuses on the transformative technologies of AI and Blockchain, offering a collaborative environment for learning, experimentation, and growth.

Welcome to #HackFactory @EthLondon

Our mission is to uplift and empower talented hackers in hackathons and beyond. Join us on this extraordinary journey as we embark on a global program strategically executed during high-quality hackathons in various cities.

The Elephant in the Room

Blockchain Dev Community :

• As of October 2023, there are 19,300 active blockchain developers in the world (Developer Report)
• The US global share of blockchain developers has been declining steadily from 40% in 2017 to an estimated 27% in 2023. (Developer Report)
• Most crypto developers (70%) have over one year of experience in Web3. (Developer Report)
• In terms of income, the yearly gross salary of a blockchain developer on a global scale is $195,000. (Web3 Jobs)
• In terms of hourly pay, blockchain developers can earn between $31 and $132 per hour. (Web3 Jobs)

Our Value-add :

• Over the next five years, HackFactory is projected to train 500-750 new blockchain developers, potentially increasing the global count of developers by almost 5%.
• These newly trained developers could collectively contribute an additional $97.5M to $146.25M in salaries annually, based on the average blockchain developer's annual gross salary of $195,000.
• The training programs could lead to the creation of 1,500 to 2,250 new blockchain projects over the next five years, assuming each developer creates an average of 3 projects per year.
• This could result in an additional 22.5M to 33.75M lines of code in the industry over the next five years, assuming each project requires an average of 15,000 lines of code.

<aside> 👑 In summary, HackFactory's training programs are set to significantly impact the blockchain industry over the next five years, increasing the number of skilled developers, adding economic value through salaries, sparking innovation through new projects, and contributing substantially to the body of code in the industry.

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As a grassroots movement, we value your advice and suggestions. We deeply appreciate any contributions you can make to help us create magical experiences not only in Istanbul but also in cities far and wide.

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Diversity in Community**:**

🫡 Mentors:

Experienced guides who provide valuable support and guidance to fellow hackers.

👑 Sponsors:

Visionary individuals and companies who fuel our mission through their generous contributions.

🦋 Vibe Frens:

The heartbeat of our community, bringing positive energy, camaraderie, and good vibes to all.

🦄 Hack Residents:

The core members of #HackFactory, residing at the forefront of innovation and pushing the boundaries of what's possible.

🐝 Normies & Newbies:

The newcomers and everyday enthusiasts who bring fresh perspectives and passion to our collective journey.