Is AI the key to converting everyday investors to crypto? | Opinion

When people search for “how to buy crypto” on Google, they are often met with a plethora of resources—articles, videos, guides—that break down the process of purchasing digital assets. For those with a basic understanding of cryptocurrency, this information might spark the interest to take their first steps into the crypto world.

However, this enthusiasm quickly fades when newcomers realize that the process of actually purchasing crypto isn’t as straightforward as it seems. The complexity of crypto ecosystems can be intimidating, especially when it comes to security and wallet management. For instance, relying on a single password or private key to secure digital assets can be daunting. According to a Wall Street Journal analysis, 20% of Bitcoin has been lost due to forgotten passwords or lost keys, demonstrating the risks associated with current wallet structures.

In contrast, traditional finance offers more familiar and accessible tools. Established systems, such as professional financial advisors and AI-powered portfolio management, are well-integrated into the financial landscape. These resources help individuals make informed decisions and tailor investment strategies. Why can’t blockchain and crypto offer the same level of support?

This is where robo-advisors in traditional finance have made a mark. These automated financial advisors use algorithms to manage investments, assess risks, and make decisions based on an individual’s preferences. They streamline the investment process, offering support without requiring direct human involvement. Unfortunately, the crypto industry lacks this kind of personalized, intuitive support for newcomers.

To address this gap, some developers are building AI-powered tools to help users navigate the crypto space. GT Protocol is one such example. The platform combines blockchain technology with AI to assist users with web3 investments, trading, and portfolio management. Their AI Assistant helps users interpret market trends, evaluate risks, and execute strategies, offering personalized guidance that is currently missing in most crypto ecosystems.

What sets GT Protocol apart is its purpose-built AI Assistant, which can extract and analyze real-time data with high accuracy. Not only does it guide users through complex decisions, but it also includes an execution layer, allowing the AI to implement strategies based on market signals, enhancing the user experience. This makes the transition to crypto smoother, particularly for newcomers who may feel overwhelmed by the sheer volume of information and choices.

This level of support is essential for onboarding the next wave of crypto adopters. Tools like GT Protocol’s AI Assistant act as an extra layer of assistance, which is invaluable in helping people feel more confident as they explore the crypto space. This kind of user-centric approach has already had tangible benefits for GT Protocol, with its token seeing significant growth on the BNB Chain in the past 30 days.

Ultimately, the crypto industry needs to provide the same level of personalized support and guidance that traditional finance does, helping individuals make informed decisions in an often volatile and confusing market. Leveraging AI and supportive tools can significantly improve the adoption of blockchain technology, helping users navigate the complexities of the space with more confidence and empowering them to make better-informed financial decisions.