When we come with this market, almost we just concern about the price and products how they are used and what they solve. But first of all, Blockchain needs developers (devs) to creat products.
1. The importance of Devs
- Devs are the first users and creators for the system. Because of this, Devs become the most important factor, who decide to succeed of any blockchain network.
- If you pay attention that the core reason make the later platforms are less attractive with devs and usually lead to failure because the platform is increasingly devoid of devs.
- According to the report of Electric Capital, the amount of Devs take part in developing in the Crypto segment for the first time has increased continuously for more than 3 months since the peak of 2017 and has increased by more than 15% since the beginning of 2020
(Source: Electric Capital)
However, among them, almost devs focus on top 200 networks. This thing make a closed cycle: More devs--> More good products--> More users--> More devs. And as a result, the top networks grow more and the weaker networks have more difficulties.
(Source: Electric Capital)
The networks don't focus on devs almost be removed, underdeveloped, and can't be attracted to users and investments
2. The factors that be attracted devs
- The friendly working enviroment
- Tool for devs
- Money
- Let's look at some good networks now, we can see they all have 3 above factors such as Ethereum with Ethereum Foundation and the programming language Solidity, or Polkadot with Web3 Foundation and the Substrate tool...Beside that, some promised names who attracted more and more devs come to their networks like Solana, Near, Flow, Avalanche.
-->So, for the final, understanding the importance of Devs may be the best key for developing of any project.