Kirifuda Introduces Classification System for Cryptocurrency Assets
Kirifuda, a Japanese company that supports on-chain financial businesses, has developed a new classification system for cryptocurrency assets. The system, called Kirifuda Digital Assets Sector Classification (KIRIFUDA DASC), categorizes 188 cryptocurrencies into 11 sectors.
The sectors include L1 (38 tokens), Scaling (23 tokens), DeFi (26 tokens), Trading (9 tokens), Infrastructure (19 tokens), AI (9 tokens), Gaming (15 tokens), NFT (8 tokens), Memes (30 tokens), Privacy (6 tokens), and Others (5 tokens).
Kirifuda claims that the classification system is based on a combination of fundamental analysis, such as project functionality and revenue streams, and market recognition.