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  • The Industry Map provides an overview of the crypto ecosystem. In this report, we break down different verticals into subcategories, and lay out a few projects in each of them.

  • In this iteration of the Industry Map, we covered eight verticals - Infrastructure; DeFi; NFTs; Gaming; Stablecoins; Real-World Assets; AI; DeSci.

  • Infrastructure: We looked at projects in the areas of Scalability and Fairness; Data Usability and Tooling; Security and Privacy; Cloud Networks; Connectivity.

  • DeFi: We looked at projects in the areas of Issuance; Liquidity; Trading; Risk Management.

  • NFTs: We looked at projects in the areas of Marketplace; Financialization; Services.

  • Gaming: We looked at projects in the areas of Games; Game Development; Player Experience; Analytics.

  • Stablecoins: We looked at projects in the areas of Stablecoin Infrastructure; Types of Stablecoins; Applications.

  • Real-World Assets: We looked at projects in the areas of RWA Rails; Physical Tokenization; Digital Tokenization.

  • AI: We looked at projects in the areas of Decentralized AI; Backend Infrastructure; Agentic AI; Decentralized AI Applications.

  • DeSci: We looked at projects in the areas of Infrastructure; Research; Data Services; Memes.


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