The report indicated that DePIN and NodeFi may be the most profitable verticals for decentralized finance going forward.
AI and the emerging “NodeFi” market may become the most active verticals in the decentralized finance sector, according to a report by Ethereum blockchain analytics platform Nansen and lending protocol MetaStreet.
The report, published on Oct. 14, makes the case that cryptocurrency markets are “evolving beyond their initial focus on ERC-20 tokens and DeFi,” and that these dominant technologies will eventually plateau.
Burgeoning and emergent blockchain-based verticals, such as distributed computing and GPU-as-a-service programs, are expected to show relatively explosive growth as the generative AI industry matures.
