2/ The Crypto Market Map contextualizes the role major projects plays.
Projects are divided into 6 layers from end user-facing projects to infra:
A - Applications
B - Protocols
C - Dev Tools & Services
D - Interop
E - Scaling
F - Core Infra
+124 new projects were added to the Application layer
These projects are characterized by rules that mostly do not execute on-chain.
3/
+62 new projects were added to the Protocol layer
These projects are characterized by rules that largely execute on-chain. These projects span use cases across Decentralized Finance, NFT and Gaming, Social, Identity and Data Sovereignty, Privacy, and more.
4/
+63 new projects added to the Dev Tools & Services layer
This layer catalogs tools, services, and data providers essential for developers and users. It includes everything from development frameworks to data analysis tools.
5/
+12 new projects added to the Interoperability layer
With the proliferation of chains, the ability for information to transfer across chains has become crucial. Projects in this layer focus on enabling inter-chain communication, data sharing, and asset transfer.
6/
+23 new projects added to the Scaling layer
As usage of Bitcoin, Ethereum, and other Layer 1s increased, projects emerged to address scalability. This layer includes Layer 2s, Layer 3s, and modular blockchain projects.
7/
+15 new projects in the Core Infra layer
This foundational layer includes projects like Bitcoin & other Layer 1s that have expanded upon Bitcoin's initial design. Mining services, hardware manufacturers, & other infrastructure level projects are included in this layer.
8/
9/ Looking for a specific project?
You can now search for individual projects!
10/ The Crypto Market Map relies on community contributions to stay up-to-date. We incorporated anyone who submitted feedback before July 18.
11/ To be included, projects must have at least 1:
- $2M+ funding since 2023 & active updates
- $50M+ funding & active updates
- 50+ devs in 2024
- top 100 mktcap
- leading DeFi project on a chain
- 10K+ followers on Twitter
- play a significant role in a chain’s ecosystem
12/ Projects NOT included:
- hackathon projects
- projects that do not show intention of shipping products that they initially announced
- projects where its shipping timeline is potentially too far in the future
13/ Important caveats:
- this undercounts the total projects in crypto. This map only incorporates major projects.
- there are still gaps. The map is in beta & everyone can contribute to the map.
14/ Thank you to all 233 contributors who submitted feedback! 🙏
If you want to add a project or update a project category, submit it here:
I always save new crypto social experiments that break the mold.
Here are 20 of the most innovative on-chain experiments I've seen in the last 3 years. Some are well-known, some are not, some are no longer active.
First, let's start with elegant human coordination mechanisms:
1 - Coordinate humans to deploy millions of dollars: @nounsdao
Innovative mechanism: 1 Noun is auctioned a day. Proceeds go to a treasury. Nouns holders vote on use of funds. Using simple rules, Nouns grew into one of the most complex ecosystems on the internet w/ $50M at peak
Examples of complexity growing from Nouns:
- spin-off orgs @lilnounsdao
- e-sports @nounsesports
- Meetquack @AtriumNft, 1.9M followers on Instagram
-Differences between voters created new Nouns. Read fork coverage (by @ofernau): instagram.com/meetquack thedefiant.io/news/nfts-and-…
This year we are also proud to launch developerreport.com -- showcasing the data behind the report.
We analyzed 250m code commits and 300+ people contributed to this year's report.
Let's dig in👇
2/ TLDR:
* Monthly devs grew 5% y/y while prices are down 70%+
* 23k+ monthly devs
* 471k monthly code commits
* 3.9k monthly devs in DeFi
* 61k NEW devs touched crypto code in 2022
* Several ecosystems outside of @ethereum have 500+ devs and are growing through this bear market
3/ There are 23,343 monthly active devs, +5% y/y
An all-time high 61k devs contributed open-source code in crypto for the first time in 2022!
100k+ devs have contributed code to crypto since 2021
Most NFTs will *not* derive value from how they look visually.
Let's look at 4 categories of NFTs beyond art or PFPs.
a 🧵
Non-visual NFTs fall broadly into 4 categories:
1/ NFTs that redeem $ 2/ NFTs that express reputation & social relationships 3/ NFTs that provide access 4/ NFTs as objects
Category 1: NFTs that redeem $
NFTs can redeem a financial position
Someone deposited $274K into @uniswap & minted this NFT. This NFT represents the liquidity they've given to @uniswap & they can use it to redeem the original $ & trading fees that were earned on top of that.