The annual @ElectricCapital Developer Report did not disappoint. It's 128 slides of straight🔥

Here are some of my key takeaways.

1/
1️⃣ Crypto continues to grow with at least 1200 new developers entering the space every month in 2020. Image
2️⃣ Developers are the most important resource in any cryptonetwork.

Ethereum still reigns supreme with 20-30% of new developers contributing to Ethereum over other platforms. Image
3️⃣ Ethereum's developer ecosystem still outshines all its competitors and there are now nearly as many devs in Ethereum as all other layer 1s combined (excluding Bitcoin)! Image
4️⃣Polkadot and Cosmos continue to build strong communities. The Polkadot developer community doubled in 2020. Image
5️⃣ The largest developer ecosystem in DeFi is lightning (on Bitcoin).

Yearn is quickly becoming one of the largest DeFi developer ecosystems on Etheruem. Image
There's so much more but I wanted to keep this short:

For reference, Electric Capital's executive summary takeaways were:

1️⃣ 300+ new developers per month commit to the Ethereum ecosystem

2️⃣ 67% increase in monthly active developers in Decentralized Finance since January 2020

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More from @masonnystrom

31 Dec 20
Metaverses are a prime example of crypto enabling the ownership economy.

Virtual worlds - with digital property and free markets - will transform our existing digital worlds into vibrant communities governed by their users. 1/
The top 5 metaverses – virtual worlds – continue to grow and expand. Here’s what you need to know.
messari.io/article/metave…
Metaverses as a category account for over a third of all NFT sales activity.

Investors have spent nearly $55 million on metaverse digital land and in-game items.
Read 9 tweets
30 Dec 20
It's been a banner year for Bitcoin.

Check out Messari's Bitcoin 2020 Review by @YoungCryptoPM and @RyanWatkins_.

Also, check out some of our other best research pieces on Bitcoin this year!

Articles listed below 👇🏻
messari.io/article/bitcoi…
.@asiahodl wrote about the potential impact of institutions investing and building an allocation in bitcoin.
messari.io/article/the-po…
MicroStrategy and Michael Saylor have invested over 1 billion into bitcoin this year and the firm's investment thesis is pretty clear as explained by @Cdempsey44.
messari.io/article/micros…
Read 11 tweets
21 Dec 20
Crypto-native indices transform the design space for indices from a 1-dimensional space consisting of just asset exposure, to a multi-dimensional space consisting of meta-governance and fund management strategies.

This design sets the stage for the evolution of index protocols.
In traditional finance constructing an index is a one-dimensional design space consisting of just asset exposure (i.e what assets are in the index).

Additionally, Index managers like Vanguard historically abstain from voting.
The three axes are as follows:

1. Asset returns – price appreciation from assets

2. Fund management strategies – active yield generated by allocating index assets to other protocols

3. Metagovernance – voting in protocols with assets in indices
Read 7 tweets
7 Dec 20
Cryptonetworks inherently enable more efficient markets.

While much of crypto is focused on finance, there are startups tackling larger issues such as climate change.

Nori is using crypto primitives to create a more efficient carbon market for CO2 removal.

A thread 🧵
Tackling the problems associated with climate change will be one of – if not the largest – issue that the current generation faces over the coming decades.

The secondary effects of climate change are staggering. Mass migration. Decreased biodiversity. The list goes on.
Carbon emissions mitigation will not be sufficient. The focus must shift toward carbon sequestration – removing CO2 from the atmosphere.

Nori is developing a carbon removal marketplace that facilitates the trading of carbon offsets.
messari.io/article/nori-a…
Read 6 tweets
23 Nov 20
The distribution of systems is a growing trend, not just in crypto, but in the broader tech industry.

Edge computing is dispersing data centers.

Agtech is enabling more localized and urbanized production.

The distribution of GPS – a vital technology – is less discussed. 👇🏻 Image
1/The U.S Department of Homeland Security designates 16 critical infrastructure sectors whose assets, systems, and networks – whether physical or virtual – are considered so vital to the U.S.

GPS which relies on satellites underpins 14 of these sectors.
messari.io/article/how-fo…
2/ GPS is relied on for more than just location data.

All GPS clocks are synchronized to within nanoseconds and are able to provide a unified reliable time.

GPS time is used for crucial processes like bouncing calls between cell towers and time-stamp financial trades.
Read 7 tweets
10 Nov 20
A Short Story on Art and the Parallels to Crypto NFT and Digital Art Investing 👇🏻
messari.io/article/the-ps…
I’ve recently been reading Morgan Housel’s new book “The Psychology of Money” which outlines various lessons on finance through captivating stories. One story is that of Heinz Berggreun, a German immigrant who arrived in the U.S after fleeing Nazi Germany.
Eventually, Berggreun became an Art Director at the San Francisco Museum of Modern art and an art dealer whose collection included Picasso, Braque, Klee, Giacometti, Matisse, and others. Towards the end of his life, his collection was valued at over a billion dollars.
Read 6 tweets

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