From the Ground Up: Developer Empowerment for a Sustainable Future

The following is a guest post from Sunny Lu, the CEO of Vechain.

Web3 builders are the beating heart of the blockchain industry. Without them, this technology wouldn’t be the disruptive technical engine that it is in 2023. However, while there are more monthly active developers today than there were before 2021, we saw a 27% decrease in developer counts between now and October last year, and newcomer retention has also been low.

There are likely several factors driving this trend, including blockchain programming language proficiency, a lack of funding in the space, as well as a lack of simple, intuitive tools that abstract the blockchain experience to something more reminiscent of Web2. There’s also another missing puzzle piece: education around sustainable development.

Not only do we need to deliver decentralized technologies that improve the trustworthiness and resilience of data, but we must also educate developers on how to build sustainably. To guarantee the longevity of their participation and the blockchain industry, and facilitate a sustainable, decentralized future, it’s vital we demonstrate real-world value. How can we, as an industry, motivate people to act individualistically, yet ensure their efforts drive greater goals?

Through blockchain, we are building new ecosystems that incentivize and enable collective action on entirely new scales, delivering tangible impacts for matters such as sustainability. Through blockchain, we can derive new forms of value from the actions taken by individuals, leveraging their metadata, for example, by choosing one fashion retailer over another on the basis of sustainable reuse of recycled materials.

With this mission statement in mind, we start to see the onboarding successes of Web3 devs as a collective win, for both blockchain and a new kind of digital economy. These builders will unleash a new wave of blockchain-enabled real-world impacts, incentivizing and motivating participation in Web3 ecosystems.

It’s imperative that blockchain leaders

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Author: Sunny Lu

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