Venture capital firm Electric Capital has launched a new tool attempting to provide a detailed overview of the complex crypto ecosystem.

Dubbed the Crypto Market Map, the tool categorizes projects into six technological layers, ranging from core infrastructure to end-user applications.

The map tracks over 1,500 projects, offering a structured visualization of the sector's framework.

The tool could assist stakeholders in navigating the industry's growing complexities by helping users understand and make more informed decisions, according to the firm.

According to Electric Capital, the six tech layers are Core Infrastructure, Scaling, Interoperability, Developer Tools and Services, Protocols, and Applications.

Electric Capital said the map is designed to be a community-driven tool, encouraging contributions to enhance its accuracy and comprehensiveness.

The classifications aim to help users better understand the roles and interconnections of various companies and projects, Maria Shen, the firm's general partner, said in a Wednesday post on X.

These layers reflect the progression of crypto infrastructure as it matures, highlighting significant projects and their contributions to the industry, the firm said in a separate statement.

Electric Capital notes the map includes only major projects with significant industry or cultural relevance, meeting criteria such as funding, developer activity, and market impact.

Since the first market map published by Electric Capital in 2019, the crypto landscape has seen notable shifts.

That includes the development of DeFi, which has expanded from having less than $500 million in total value locked (TVL) in 2019 to $85 billion, DeFi Llama data shows.

This category now includes 394 projects, easily making it the largest category in the map.

Non-fungible tokens (NFTs) have also emerged as a major category, with substantial growth in scaling and interoperability projects.

The initiative is currently in beta, and Electric Capital is seeking community feedback to refine and expand the tool.