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ScottMelker
Oct 16, 2024
Partner

A report by Nansen and MetaStreet highlights the emerging markets of AI and NodeFi within decentralized finance. It points to decentralized physical infrastructure networks (DePIN) as a major growth area, particularly GPU-as-a-service, a $3.2 billion market in 2023. This sector supports AI model training and is expected to grow further in 2024. While AI-related DePIN projects offer scalability and high yield potential, NodeFi's success depends on specific projects. The report suggests that AI and DePIN could become dominant forces in the blockchain ecosystem. Source: Cointelegraph