Developers Are Still Flocking To Crypto Amid Its Brutal Winter

Despite plummeting crypto markets in 2022, Electric Capital’s annual developer report found that full-time crypto developers reached an all-time high last year, with 23,000 monthly individual developers contributing to open-source code.

The report measured the number of one-time, part-time, and full-time developers contributing to 250 million code commits in open-source code repositories, including GitHub and Bitbucket.

“Especially in the bear market, it's really important to track the health of full-time developers,” says Maria Shen, Partner at Electric Capital and one of the authors of the annual developer report.


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