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Sandeep Kumar Mishra
Dec 23, 2022

Binance Unveils Industry Map Giving an Overview of the Crypto Ecosystem

Binance Industry Map
Binance Research, the research arm of Binance, the world's leading cryptocurrency exchange, has released the second iteration of the Industry Map.  The report breaks down different verticals into subcategories and lays out a few projects in each of them.

Binance Industry Map Covers Six Verticals

The second iteration of the Industry Map covers six verticals - Infrastructure, DeFi, NFTs GameFi, Decentralized Social, and DAO Tooling. In the infrastructure vertical, the cryptocurrency exchange looked at projects in the areas of scalability and fairness, data usability and tooling, Security and privacy, and computation and content delivery.

In the DeFi sector, issuance, liquidity, trading, connectivity, and risk management were the main areas of focus for projects. Marketplace, financialization, and service were the core areas that were looked into for NFT-related projects.

Binance Report Not Essentially an Investment Advice

Binance Research made it clear that the findings of the report shouldn't be necessarily seen as investment advice, recommendation, offer, or solicitation to buy or sell any securities, or cryptocurrencies, or to adopt any investment strategy.

Binance Unveils Industry Map Giving an Overview of the Crypto Ecosystem
Sandeep is an avid cryptocurrency enthusiast and a keen & passionate blogger. He has a strong mix of skills in the areas of computer networking, cryptography, algorithms, and data structures and specializes in ERC20 tokens. Lately, he is taking a lot of interest in blockchain-powered AI solutions, about which he is also reading and writing extensively. He has to his name dozens of deeply researched articles about cryptocurrencies, blockchain, AI, and IoT. Apart from that, he loves to keep track of the latest trends in social media and digital marketing space. Also, as a huge proponent of blockchain and cryptocurrencies, Sandeep tries to deliver all the latest cryptocurrency news to ardent crypto supporters like yourselves. If you like his content, feel free to follow him on LinkedIn.

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