GTAI GT Protocol

GT Protocol Use Cases

• AI-Driven Trading and Investment: GT Protocol uses AI to assist users with trading, asset management, and investments. It provides AI-generated market indicators to help users make informed decisions. The protocol supports AI analysis and trade execution on various platforms, including centralized exchanges like Binance and Coinbase, decentralized exchanges such as SushiSwap and Uniswap, and NFT marketplaces like OpenSea and Rarible.

• AI Shopping Assistant: GT Protocol's AI assistant helps users purchase online goods at the most favorable prices, quality, and delivery conditions. Users receive GTAI token cashback when shopping online with AI assistance. This feature aims to attract millions of new users to the crypto market by making cryptocurrency accessible to everyone.

• Web3 Onboarding and Education: GT Protocol provides user-friendly AI tools for Web3 onboarding and education, making it easier for new users to enter the decentralized ecosystem. The protocol aims to onboard 100 million users over the next few years with its AI Shopping Assistant that integrates major brands like Amazon, Microsoft, eBay, and Apple into Web3.

• AI-Driven Portfolio Management: GT Protocol offers AI-driven portfolio management for optimal returns, automated AI-powered trading strategies, comprehensive AI analytics on crypto markets, real-time AI trading signals, and AI-enabled arbitrage trading.

• NFT Management: GT Protocol provides AI management tools for NFT collectors, enabling them to manage and trade NFTs efficiently. The protocol supports AI analysis and trade execution on NFT marketplaces like OpenSea and Rarible.

• DAO Governance: The GTAI token allows holders to participate in GT DAO governance votes, influencing the future strategy and ecosystem development. This ensures fairness, transparency, and inclusivity in decision-making processes.

Pros of GT Protocol

• Comprehensive Investment Platform: GT Protocol offers an all-in-one platform for crypto investments, providing users with access to DeFi, CeFi, and NFT markets through an intuitive AI execution interface.
• AI-Powered Trading: The platform utilizes advanced AI-driven market analytics to guide users through market insights, enabling informed decision-making.
• Integrated Conversational AI Interface: GT Protocol connects users to various sectors, including offline physical stores, centralized finance (CeFi), decentralized finance (DeFi), and non-fungible token (NFT) markets, making it a versatile tool for users.
• No Subscription Fee: Unlike many AI platforms, GT Protocol does not charge a subscription fee, making it accessible to a broader audience.
• Scalability and Interoperability: The partnership with Units Network enhances scalability and interoperability, allowing for seamless communication between different blockchain ecosystems.

Cons of GT Protocol

• Transaction and Profit-Related Fees: While there is no subscription fee, users incur transaction or profit-related fees when utilizing automated trading strategies.
• Dependence on AI Performance: The effectiveness of GT Protocol heavily relies on the performance of its AI algorithms, which can be unpredictable in volatile markets.
• Market Volatility: As with any crypto investment, GT Protocol's value can be affected by market fluctuations and external factors such as whale activity and regulatory changes.
• Complexity: The platform's wide range of features and AI-driven strategies may be overwhelming for new users, requiring a learning curve to fully utilize its capabilities.
• Partnership Risks: The success of GT Protocol's collaborations, such as with Units Network, can impact its overall performance and adoption.

Founders of GT Protocol

• Peter Ionov: CEO and co-founder of GT Protocol, with 12 years of entrepreneurial experience, including 6 years in blockchain. He has been the co-founder of Robosoft, a blockchain development company, since 2016.
• Vlad Balaban: Co-founder of GT Protocol, with 11 years of IT, marketing, and business development experience, and 6 years in cryptocurrency and blockchain. He has managed large marketing campaigns with budgets exceeding $3 million, achieving ROIs of up to 307%. He previously worked with Peter Ionov as COO of Robosoft in 2016.

Investors in GT Protocol

GT Protocol has secured investments from various reputable sources, including:

• Venture Capital Firms:

  • Magnus Capital (Incubator)
  • Marshland Capital (Venture)
  • Oddiyana Ventures (Venture)
  • Castrum Capital (Venture)
  • AZA Ventures (Venture)
  • IBC Ventures (Venture)
  • Alpha Capital (Venture)
  • ChainGPT Labs (Incubator)

• Angel Investors:

  • Elliot Hagemeijer (Angel Investor)

• Other Notable Investors:

  • Shima Capital
  • Anocha Brands
  • Rat Swiss Marshon
  • Google (Provided a $200,000 grant in February 2024)

These investments have contributed to GT Protocol's total raised funds of $5.15 million and a market capitalization of $204,000.

Halal Status of GT Protocol

No, the halal status of GT Protocol cannot be determined without further information. To assess whether GT Protocol is halal, it must be screened against Shariah guidelines, which include:

• Legitimacy Screening: Ensuring the project is genuine and not a scam.
• Project Screening: Ensuring the project complies with Islamic finance principles.
• Financials Screening: Ensuring it meets financial criteria for Shariah compliance if it's an equity-based token.
• Token Screening: Understanding the Shariah compliance of the token.
• Staking Screening: Understanding the Shariah compliance of the staking mechanism.

Without specific details on GT Protocol's adherence to these criteria, its halal status remains undetermined. For a definitive answer, consult a halal crypto list or seek guidance from a qualified Islamic scholar.