Electric Capital: The number of blockchain developers increased by 92% – Bits Media

Electric Capital Venturen company conducted a study market for projects based on blockchain. And found out, What is busy in this area 21 300 Human, What's on 92% more, than in 2020 year.

The number of developers is growing and falling along with the Bitcoin course - the higher in price The first cryptocurrency, the greater interest in the cryptocurrency industry and more projects. Therefore, over the past year, the number of developers has declined by 22% - In June 2022 27 200 developers were employed here. Moreover, most of all from the cryptocurrency industry it was left "new developers", who have worked for less than a year. At the same time in November 2021 of the year, When Bitcoin was worth it $69 000, The number of developers was only a little higher, than now.

“Developers-Revolutions” usually come to the cryptocurrency industry during the growth of the bitcoin course, And during cryptosims, projects leave, They say the authors of the study of Electric Capital. Veterans remain in service and now make up 60% From all developers.

“If we look at analysis with 2015 of the year, then see: Developers, which join projects during a bear trend, Leave faster. IN 2023 newcomers went faster a year, than in 2022 or 2021, What is characteristic of falling markets ", - the researchers write.

Now, According to Electric Capital, About 180,000 people are employed in the global cryptocurrency industry. We are talking about all industry participants, Not only about developers.

At the end of last year it was reported, that due to a bear trend in the market, the activity of cryptor-workers has significantly decreased.