Author: Suhail Kakar Source: X, @SuhailKakar Translation: Shan Ouba, Golden Finance
There is a view that is popular now, mainly from investors, and sometimes from some entrepreneurs, who believe that what the crypto industry needs next is the "killer app".
They say: If we can have a suitable social application, a suitable game, a suitable consumer interface... users will naturally flock in. But the fact is: the problem in the crypto world is not the lack of applications, but the lack of developers.
In every cycle, capital poured in and prices soared.
People make slides, not products. When dopamine recedes, we stand at the starting point again and ask ourselves the same question:What can be done on the chain?
The answer now is: Nothing special can be done.
This is not because no one has tried to build anything, but because most of the projects that have been built lack the following three points: Availability, composability, support.
Look at the data chart to know: the developer activity of almost all mainstream ecosystems is declining. Not only ordinary contributors, but also core developers (those who write SDKs instead of tweets, those who debug node infrastructure) are also disappearing.
Why? Because the incentive mechanism is exhausted; because issuing a token is much simpler than making a usable product; because the return rate of speculative closed loops is much faster than that of basic construction.
But without developers, there is no closed loop. No infrastructure, no applications, no activity.
No developers = no future.
It's not a new Feed, not another currency exchange interface, not another NFT market. What it really needs are developers who are willing to build, who:
Write documents, not just code
Think about the whole link from user guidance to retention, instead of just focusing on smart contracts to the front end
Build a technology stack with propositions and positions, rather than infinitely stacked Lego blocks
Be obsessed with usability, not just decentralized indicators
More importantly, it needs people willing to support these developers.
Support means:
Providing real feedback, rather than a “gm ser” (Good morning, buddy)
Distribution that reaches real users, rather than just speculators
Incubators that help projects find product-market fit, rather than just optimizing token models
Infrastructure that lowers the barrier to launch, rather than making it harder to build
they come from ecosystems that know how to cultivate developers They are forged in feedback loops, trial and error, user interviews, developer burnout and reconstruction.
The start of the next era will not depend on another bull market, it will be started by developers who build real valuable products on the chain. And those who support them will define the future.
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