Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services

Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services

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Artificial intelligence and the emerging “Nodefi” market may become the most active sections in the decentralized financing sector, according to a report issued by the Ethereum Blockchain Analytics Nansen and lending protocol.

The report, Published On October 14, it shows that the encrypted currency markets “develop beyond their initial focus on the distinctive ERC-20 and Defi”, and that these dominant technologies will eventually make Plato.

The increased and emerging columns based on Blockchain, such as distributed computing and GPU-AS-A-Service ProgramsIt is expected that it will appear relatively explosive growth with the maturity of the artificial intelligence industry.

A graph shows the expected performance of Defi. Source: nansen/metastreet

DePins show growth

The vertical with the largest growth capabilities, according to the report, is Decentralized material infrastructure network (DePin) Projects.

DePin projects from decentralized energy distribution range to decentralized data. DePin can also be used for computing software and GPU-AA-Service.

Quoted from Fortune Business Insights, the report indicates that the total market for distributed graphics units (GPU), which is also called GPUS-A-Service, was worth $ 3.2 billion in 2023.

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The basic use of GPU-AA-Service groups is to train artificial intelligence models, which the demand is likely to increase in 2024 and beyond.

For all the report:

“In general, the Acts -related DePin appears to be in a major position to become the next main vertical, with a large and fast -growing market, high -return capabilities, expected asset prices, and relatively low implementation.”

As Cointelegraph recently reported, even with leading companies Years away from profitabilityThe Truc Motivating Intelligence boom led to huge investments throughout the entire artificial intelligence technology.

Although there is no guarantee that Blockchain projects will get the lion’s share of investments, the areas of intersection between artificial intelligence and Blockchain seem to have long -term capabilities, according to the report.

He added that the vertical nodefi – a stimulus market for knot operators – may also be launched. However, unlike the emerging tide that is the artificial intelligence sector, Nodefi’s validity depends on the project.

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