Electric Capital: crypto developers' numbers increase in bear market

01/17 18:59

Blockchain, cryptocurrency and Web3 developers continue to build their ecosystems in 2022, even in the face of a brutal cryptocurrency winter, says cryptocurrency venture capital firm Electric Capital. According to the venture firm's Electric Capital 2022 Developer Report, full-time developers working on different blockchain ecosystems grew by 8% year-over-year in 2022 amid a sharp drop in cryptocurrency prices. The number of developers contributing code for the first time across all ecosystems also reached an all-time high last year, at around 61,000.
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