Money follows developers. Traders follow money. Lets start hunting!
This article will be sharing and expanding upon information shared in:
https://www.electriccapital.com/resources
Developers play a crucial role in cryptocurrency innovation because they are the ones responsible for creating and implementing the technology that underlies these digital assets. They are the ones who write the code that creates the blockchain, creates smart contracts, and builds decentralized applications (dApps).
Cryptocurrency is built on complex technology that requires a high level of expertise to understand and develop. Developers must have a deep understanding of cryptography, computer science, and mathematics in order to create secure and reliable systems.
While I Recommend reading it for yourself, lets get into it:
Net Developer Growth: NDG
The reason this is bullish is very simple. Increasing the amount of developers will increase the amount of innovation. Cutting edge innovation is where value generative investments can be found.
Key Statistics:
Attracted, Despite Price:
This is of particular interest because it shows the growth of developers despite the tough price action of 2022. It is this point that ,makes me extremely bullish because they are sticking around. Looking forward it is hard not to assume there is a bright future for cryptocurency.
