Drawing to a close of our first project objective, setting the direction for MakerDAO's best practices in developer relations, we are ready to share with you the best-in-class developer strategies and tactics from across crypto and adjacent ecosystems.
Before we dive into which devrel expert practices cross-examined by additional research and data verification have the most sustainable approach, let's begin with the problem that we are facing as MakerDAO and the crypto industry as a whole:
In 2020, Electric Capital estimated that there were about eight thousand monthly active developers across crypto ecosystems. To put that into perspective, top individual open source projects have more active contributors than the entire crypto ecosystem combined.
... and Maker? a protocol that holds ~16B in collateral and has generated ~8B in DAI liquidity, has only 44 active contributors.
Check out the full report → X-Ray Report: 'Can crypto's supply side cross the chasm?'
and this is true, even though crypto development activity has been growing exponentially.
Zooming out, we can say with confidence that we are still early in Web3.0 — the impact of Web1.0 that we feel in our day-to-day lives started 38 years ago. The impact of Web2.0 that we feel today, with products like Facebook, started 17 years ago.
Ethereum, the epicenter of the decentralized web (Web3), is only 6 years old.