A recent report by Electric Capital, which analyzed nearly 500,000 code repositories and 160 million code commits on Web3, discovered the top blockchain ecosystems based on one of the key ‘value creation metrics’: share of the developers. To create its 2021 Developer Report, the early stage venture firm focused only on open source repositories, inferred non-original commits, and credited only original authors and ecosystems producing code, not counting libraries and removing code. machine generated.
65% of active Web3 developers joined in 2021. Web3 development is at an all-time high, with 65% of active developers joining in the past year alone.
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