Top cryptos by technology development over the past month
Hi everyone!
This time, we’ve analyzed 7,400 crypto projects from Coinmarketcap, got GitHub links for them, and processed and aggregated development activity data from internal .git files. Most crypto projects are open-sourced, which means that the more active the development is and the more people work on the project — the more mature it becomes from the technological perspective.
Here are the top cryptos by the number of active unique GitHub contributors over the past month:
Looks interesting, isn’t it? Solana (SOL) and Polkadot (DOT) have been in the public eye for quite a long time — so it’s hardly surprising that they are developing actively and have enough engineers to support the projects.
But what about TokenPocket, Elrond, and Interner Computer? Let’s dive into them.
1. TokenPocket (TPT) — is a trusted multi-chain wallet that supports multi coins. You can store, send and receive your Bitcoin (BTC), Ethereum (ETH), EOS, TRON (TRX), IOST, Cosmos and Binance (BNB) easily.
Looking at TPT’s development activity chart — in June 2021, they had a dramatic increase in the number of GitHub contributors. It can be due to the fact that starting from the summer of 2021, TokenPocker has started actively integrating with other well-known platforms and payment services. See their Twitter or Medium blog for all the news.
2. Elrond (EGLD) — is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, including fintech, decentralized finance and the Internet of Things.
EGLD shows a constant growth in the number of active contributors — more than 200 engineers have been engaged in developing this project in March. It results in perspective integrations with other platforms and a massive number of accounts (1.61M). One of the latest — Binance integrates Elrond tokens.
It’s also worth mentioning that EGLD has good enough social performance to compete with other big players(14K Reddit members, more than 60K on Telegram, and 500K! on Twitter):
Last but not least, Elrond is still raising funds. Skynet EGLD Capital and Binance are the most recent investors (March 31, 2022).
3. Internet Computer (ICP) — is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale.
After its launch, the number of active contributors has started actively growing, almost doubling — from 104 in May 2021 to 189 in March 2022. The main reason for it, in our opinion — is their DFINITY Developers Grant Program and own developers forum (which seems to be quite active).
DFINITY is funded by 16 investors. Broslyn Capital and Cognisa Capital are the most recent investors. It shows a solid social appearance as well:
Hope you enjoyed today’s analysis! Surprisingly, among strong and popular projects with lots of funding, we can also spot such projects as TokenPocket (TPT) with a price <$0.1, but the same development activity. Are these projects worth investing in? It remains to be seen, but such data insights suggest certain thoughts.
And a small bonus from our team — top tickers by development activity of all the time:
P.S. If you represent a business and interested in getting access to these and many other dashboards (Discord/Telegram audience, development activity, Reddit sentiment, etc.) or API, just drop me a line here — vlad@contora.ai
If you want to give some recommendations on the analytics or just discuss the cryptos — please do not hesitate to contact me as well :)
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