AI solidifying role in Web3, challenging DeFi and gaming: DappRadar
AI-powered decentralized applications are becoming a larger part of Web3 and is challenging DeFi and gaming, according to DappRadar.
Artificial intelligence is firming up its role in Web3 as the number of AI-powered decentralized applications (DApps) and their active users have grown so far this year, according to DappRadar.
AI-backed DApps saw 4.8 million daily unique active wallets over May, representing a 23% growth and showing that they are “steadily establishing themselves within the decentralized ecosystem,” DappRadar analyst Sara wrote in a June 5 DApp report for May.
“AI decentralized apps are challenging gaming and DeFi for dominance in the DApp ecosystem,” Gherghelas added.