A recent report by Electric Capital Developer shows that more developers are getting involved in the decentralized technology space. The 2021 paper shows that $100 billion worth of smart contracts has been locked in Web.3.0 project platforms.

$100 Billion Controlled by 1,000 Developers
DeFi projects which rarely record remarkable success are also among the focus of the study. Among the most intriguing aspect of the data leads to some centralization, as the majority of the funds are in projects that are controlled by 1,000 developers.

The release, published earlier this week, drew its conclusions from approximately 500,000 coding projects at Github with 160 million commits. The paper described Web 3.0 as the fastest-growing nich
Read More