General Partner @ElectricCapital👩🏻💻 Developer Report. 🇨🇳 born, 💬s about NFTs & data. Co-producer @ZoomBachelor 🦇🔊 Views my own.
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Oct 30 • 8 tweets • 3 min read
We @electriccapital analyzed 110k+ developer profiles to understand crypto devs geographically.
Asia is now #1 for crypto devs. The US is losing market share.
Crypto impacts every state in the US -- crypto should be non-partisan.
Here’s what the data shows & why it matters:
North America lost its lead in crypto developer share to Asia.
North America’s share of devs dropped sharply—from 44% in 2015 to just 24% in 2024.
Meanwhile, Asia’s share climbed from 13% to 32%.
For the first time, Asia is the #1 continent for crypto talent.
Jul 26 • 15 tweets • 4 min read
1/ We updated the @ElectricCapital Crypto Market Map!
The Crypto Market Map now tracks 1700+ crypto projects.
233 contributors added new projects & changes for this update.
What are the biggest updates? cryptomarketmap.org 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
- this undercounts the total projects in crypto. This map only incorporates major projects. Inclusion criteria is at the end of the thread.
- there are still gaps. The map is in beta & everyone can contribute to the map. Contribution details at the end.
Apr 15 • 33 tweets • 8 min read
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 Some are well-known, some are not, some are no longer active.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
Jan 17 • 42 tweets • 23 min read
0/ We are delighted to release the 5th annual @ElectricCapital Developer Report
We analyzed a record 485 million code commits across 818k repositories—20x more code than our first report from 2019!
356+ people across the community contributed to making this report.
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
Jun 7, 2022 • 19 tweets • 11 min read
NFTs are more than art or PFPs.
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
Nov 2, 2021 • 18 tweets • 6 min read
NFTs are the first truly viral assets.
The future is all about borderless, digital communities connected by the NFTs they own.
Why?
1/
A. NFTs signal common interests, identity, & values
B. Large communities can form quickly on the Internet
C. NFT actions are broadcast on-chain. This creates real-time, internet-wide data streams - like an open newsfeed.
Each in more detail 👇🏽
2/
May 25, 2021 • 30 tweets • 13 min read
We're in an NFT renaissance! I'm blow away by the new uses for NFTs I see every day.
Monster Thread of 5 new NFT frontiers👇🏽 (1/28)
👩🏻💻 1. Proof of Patronage - Creators use NFTs to reward their early supporters w/ exclusive opportunities
Today:
- @jackbutcher's new NFT shares revenue w/ those who supported his prev NFTs
- @3LAU and @AkuDreams drop new NFTs that are exclusive to existing patrons (2/28)
Aug 19, 2020 • 6 tweets • 2 min read
China is starting to test the Digital RMB and educate its citizens. 🇨🇳
This video is circulating WeChat: China's digital currency in action w/ the Agricultural Bank of China
The woman takes out 50RMB from her bank card & converts it into China's new digital RMB
While China runs trials of its digital currency, it's also normalizing the currency in media
Here's a video from CCTV 1 (top channel in China) in May, 2020: "What is Central Bank Digital Currency and How Do We Use It?"