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avichal's profile
Avichal Garg (Electric Capital) ⚡
Avichal Garg (Electric Capital) ⚡
Avichal Garg (Electric Capital)  ⚡
@avichal

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Avichal Garg (Electric Capital)  ⚡

@avichal

Co-Founder at @ElectricCapital, serial entrepreneur, ex-FB, ex-Goog

palo alto, california
Joined June 2008

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    1. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
      • Report Tweet

      10/ @ethereum ecosystem has almost 1 in 5 of all open source developers in crypto working in its ecosystem right now.pic.twitter.com/VRYh4JfJoG

      2 replies 31 retweets 93 likes
      Show this thread
    2. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
      • Report Tweet

      11/ On the far other end of network value... For projects with less than $50M network value, @grinMW's ecosystem stands out with 33 contributing developers. Remember ecosystem includes things like wallets, infra, etc.pic.twitter.com/JVpp5fNnLu

      1 reply 3 retweets 37 likes
      Show this thread
    3. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      12/ Looking at 12 month trends. @MakerDao gained the most w/ @wavesplatform, @tezos, @AttentionToken, #XRP, @Cardano also growing. @BCH, @neo_blockchain, and @Tronfoundation are losing the most.pic.twitter.com/m6gBDONIWo

      6 replies 22 retweets 86 likes
      Show this thread
    4. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
      • Report Tweet

      13/ We also broke down many top ecosystems in to 1x/month, part time, and full time developers. We also see the effect on developer engagement with well executed launches such as @cosmos Game of Stakes and the @monero community's beryllium bullet release.pic.twitter.com/BvmYBw83Gz

      1 reply 4 retweets 24 likes
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    5. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      14/ We visualized individual developer commits to spot (pun intended) patterns. Each row is a developer. We place a dot in a row on a day that developer committed code. We sort top to bottom based on frequency. So one time devs are at the top. More frequent devs are at the bottompic.twitter.com/PAj3BL4tOq

      2 replies 7 retweets 34 likes
      Show this thread
    6. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      15/ Many ecosystems have long term, full time, committed developers -- a row with lots of dots all the way across indicates a developer who has done many commits in the last year.pic.twitter.com/6n5y9ouAu6

      1 reply 1 retweet 15 likes
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    7. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      16/ Some projects also have a growing community of part time contributors e.g. @block_one_’s #EOSIO - The emergence of dots on the right indicates new commits this year. Whitespace on the left indicates those devs were not previously active.pic.twitter.com/9ziobRWoJ1

      1 reply 2 retweets 10 likes
      Show this thread
    8. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      17/ Unsurprisingly, developers like to follow momentum, users, and making money. DeFi is growing full time developers and devs are investing more infrastructure projects - perhaps things that businesses and other devs may pay for?

      1 reply 4 retweets 25 likes
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    9. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      18/ Zooming back out: Remember, developers committing code 10+ days/month are as committed as ever (another pun!)pic.twitter.com/efPeYcRldn

      1 reply 1 retweet 7 likes
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    10. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      19/ The rate of change of Full Time developer growth (the second derivative) year-over-year does not go below 1. Even in a bear market, Full Time developers come in less quickly but they continue to come.pic.twitter.com/6rYNTgctA5

      1 reply 1 retweet 11 likes
      Show this thread
      Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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      20/ The largest crypto ecosystems are starting become meaningful - obviously it is not 100% apples to apples but interesting to consider scale vs. Apache Foundation @TheASF or @linuxfoundationpic.twitter.com/FKRrStUiah

      10:33 AM - 12 Aug 2019
      • 3 Retweets
      • 20 Likes
      • Erica Kang @Mitch_Kosowski #GreatestTraderOFALLTIME 💪😎👍 Tony Hunter Horsley Jill Carlson Rousseau Kazi Ken Deeter Maria Shen Ping
      1 reply 3 retweets 20 likes
        1. New conversation
        2. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
          • Report Tweet

          21/ One simple projection: If the next 4 years are like the last 4, we end up with 70k active developers on only open source projects. This does not count people working in financial institutions, exchanges, law firms, or critical non-engineering roles at these organizations.pic.twitter.com/Kj270zKkIK

          1 reply 4 retweets 26 likes
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        3. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
          • Report Tweet

          22/ Summing it up: Full Time devs are sticking around. Total developer count dropped YoY, but mostly because infrequent contributors left. Underneath the boom and bust trends, the ecosystem is getting stronger.pic.twitter.com/QJYQTskqgd

          1 reply 7 retweets 30 likes
          Show this thread
        4. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
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          23/ Take all of this as one facet of health in the ecosystem. No metric is perfect but data can be useful if used holistically. Again you can read the full report here: https://medium.com/@ElectricCapital/electric-capital-developer-report-h1-2019-7d836d68fecb …pic.twitter.com/xMz09Hibgl

          1 reply 3 retweets 22 likes
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        5. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
          • Report Tweet

          24/ Thank you @daranda,@robbiebent1, @CremeDeLaCrypto, @alexbosworth, @eosriobrazil, @jillruthcarlson, @delitzer, @moneyball, @notscottmoore, @kincaidoneil, @kevinowocki, @StellarOrg, @marcantoineross, @fluffypony, @starkness, @yinyinwu, @ljxie for feedback and sending repos!

          2 replies 0 retweets 34 likes
          Show this thread
        6. Avichal Garg (Electric Capital)  ⚡‏ @avichal Aug 12
          • Report Tweet

          25/ This work requires mapping many thousands of project repositories. Please contribute any projects you know about so we can continue to improve our report. The ecosystem mappings are available on Github:https://github.com/electric-capital/crypto-ecosystems …

          7 replies 1 retweet 25 likes
          Show this thread
        7. End of conversation

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