クリプト・Web3における開発者エコシステムレポート。 Ethereum、Bitcoinに次ぐエコシステムとしては、Polkadot・Cosmos・Solana・BSC・NEAR・Avalanche・Tezos・Polygonが挙がっている

We fingerprinted nearly 500K code repositories and 160 million code commits across Web3 to create the 2021 Electric Capital Developer Report.

Web3 developers are at an all-time high and growing faster than ever.

• 18,000+ monthly active developers commit code in open source crypto and Web3 projects
• 34,000+ new developers committed code in 2021 — the highest in history
• 4,000+ monthly active open-source developers work on Ethereum, 680+ open-source developers work on Bitcoin
• 20%+ of new Web3 developers join the Ethereum ecosystem
• 65% of active developers in Web3 joined in 2021; 45% of full-time developers in Web3 joined in 2021

There are several vibrant ecosystems emerging beyond Bitcoin and Ethereum.

• The largest ecosystems are Ethereum, Bitcoin, Polkadot, Cosmos, Solana, BSC, NEAR, Avalanche, Tezos, Polygon, and Cardano, each with 250+ monthly active developers
• Polkadot, Solana, NEAR, BSC, Avalanche, and Terra are growing faster than Ethereum did at similar points in its history
• 2,500+ developers are working on DeFi projects. Less than 1,000 full-time developers are responsible for over $100 billion in total value locked in smart contracts

The growth of developers in Web3 has been record-breaking, but still represents a small, and rapidly expanding percent of software engineers globally. We are still in the early innings of Web3.

Ethereum and Bitcoin continue to grow

Ethereum and Bitcoin continue to add developers growing by 42% and 9%, respectively over 2021. Ethereum retains 30% of full-time developers who joined after 2017. Ethereum continues to have the largest ecosystem of tools, apps, and protocols, and is 2.8x larger than the second largest ecosystem. One out of every five new developers coming into Web3 works on Ethereum.

Bitcoin has a pipeline of 100+ new developers coming into its ecosystem each month. Bitcoin averaged 600+ monthly active developers in December 2021.

More new developers joined Web3 in 2021 than any point in history

34,000+ new developers worked on an open source Web3 project in 2021, the highest number of new developers in history. Over 3,000 new developers join Web3 every month in the last months of 2021. Roughly 60% of all developers and 45% of full-time Web3 developers started in 2021. In 2018, developers grew for one year after network value peaked across all projects. If this cycle is like the last, developers could continue to grow until 2023 even if prices peak today.

Developer growth goes up with price, but holds steady through bear markets