Debate Over Model Providers vs. Application Layer Value
October 22, 2026
Discussion centers on whether frontier model providers should pivot from token sales to building vertical applications. As token prices decline due to commodification, the capture of value may shift from infrastructure to the application layer.
HOW THIS AFFECTS YOU
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founderYou may face increasing competition from model providers entering your niche.
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investorWatch for shifts in value capture from infrastructure to software applications.