Data: The number of active developers in the crypto space has hit its lowest level since 2020

CoinVoice · 2023-10-06T01:53:07.000Z

CoinVoice recently learned that on October 6, according to data from Web3 venture capital firms a16z and Electric Capital, the number of active open source developers in the encryption field has reached its lowest point since 2020. a16z’s Crypto State Index shows that the number of crypto coders has dropped by nearly half from last year’s peak, slipping from 36,500 in January 2022 to 19,630 in September 2023. The last time developers were below this level was at the start of the crypto bull run in December 2020, when there were around 18,100 developers. [original link]

CoinVoice has recently learned that on October 6, according to data from Web3 venture capital firms a16z and Electric Capital, the number of active open source developers in the crypto field has reached its lowest point since 2020.
a16z's Crypto State Index shows that the number of crypto coders has fallen by nearly half from last year's peak, sliding from 36,500 in January 2022 to 19,630 in September 2023. The last time developers were below this level was at the beginning of the crypto bull run in December 2020, when there were about 18,100 developers. [Original link]