No. of Crypto Developers went back to the 2018 level. it's pathetic.
After so many years of development, dev comes to realize issuing a meme token is easier than building an actual product.
No more ecosystem incentives for builders.
No more imagination from builders.
We seriously need more applications like pumpfun (not memecoin tho) and Virtual to make crypto great again.
The VCs and ecosystem need to spend their money wisely on real builders who can build the apps to attract users, but not pure airdrop farmers.
I knew many projects still exist just because of the ecosystem grants, and they should be gone now.
We need real innovation.