Contracts Deployed on NEAR

    Provide an updated view of contracts deployed over time on NEAR. What factors do you think might influence the number of contracts deployed? How might NEAR boost the number of developers and deployments within its ecosystem?

    What is NEAR?

    NEAR is a smart contract enabled blockchain protocol that aims to improve inter-blockchain operability and scaling. It’s native token is $NEAR.

    What are smart contracts?

    In blockchain terminology, smart contracts are self executing programs that run when pre-programmed conditions are satisfied.


    Let’s see how much smart contracts have been deployed on NEAR so far in 2022.


    On the near.core.fact_actions_events, smart contract deployment have a DeployContract action_name. I selected tx_receiver as the smart contract address of the first appearance [using min(block_timestamp)] of all transactions with the DeployContract action_name in the selected timeframe.

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    • 11.4K contracts have been deployed in 2022.
    • The number of contracts deployed on NEAR have been in a decline since the year started. Understandably, crypto prices have been in a downtrend as well and it looks like developers don’t build more in times like this.
    • April has been the month with the most NEAR contracts deployed in 2022.
    • Among deployed contracts, aurora has been the most popular among NEAR users with 59.9M transactions. nearcrowd and ref-finance are second and third with 33.9M and 5M transactions respectively.
    • In terms of what users are doing with these new contracts being deployed, submit is the most popular, but I would assume this is just users submitting transactions. claim_assignment, submit_review and swap are the most popular after that.

    CONCLUSION

    Development has slowed down on NEAR as the year progressed, it looks like NEAR builders are not doing much when the market is in a downtrend.

    NEAR protocol can abate this by organizing developer-centered events like hackhathons.