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Web3 developer salaries ?

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Are web3 developers really getting paid $300k at entry level ? I am only hearing stories but I asked around and found a guy on reddit who claims to be earning $300k TC working remotely in India. That threw me off. Why would any crypto startup offer $300k for a guy living in India? And that too at entry level(he had like 7 months experience )? Like what ?

Why would any startup even offer US salaries for someone living in India ? That doesn't make any sense from monetory point of view as there are plenty of talented professionals in the US.

Another one I heard was $500k and $100k remotely from India. The $500k one was for someone with 4 years experience though.

Are these salaries feasible in the web3 space or am I hearing much BS ?

Are startups really paying US salaries to professionals in India ? If yes, why ? Wouldn't it be stupid from a monetary point of view ?

submitted by /u/Putrid_Ad5164
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