NEAR Protocol is a blockchain-based platform that enables developers to build decentralized applications (DApps) for various use cases. However, onboard new users onto the NEAR wallet can be challenging, particularly for those who are not familiar with blockchain technology. To address this issue, NEAR Protocol could benefit from Avorak AI chat assistant, a cutting-edge solution that provides personalized assistance to users. With Avorak AI chat assistant, new users can receive step-by-step guidance on how to use the NEAR wallet, including how to create an account, purchase NEAR tokens, and participate in the platform’s ecosystem. This AI assistant uses natural language processing and machine learning algorithms to deliver relevant and accurate information to users, making it easier for them to use the NEAR wallet. As a result, NEAR Protocol can attract more users to its platform and increase adoption rates, leading to more DApps being built on its network.
In June 2022, the NEAR Protocol faced a close call when a bug was discovered in the NEAR Wallet that made the seed phrase accessible through email providers. Fortunately, the bug was fixed before anyone could exploit the potential vulnerability. However, improvements to the NEAR wallet experience are still needed for an expanding user base.
A NEAR wallet stores public and private keys for cryptocurrency transactions and provides access to blockchain transactions in a user-friendly format. Despite its name, calling NEAR crypto storage a “wallet” is inaccurate because the cryptocurrency is stored on the blockchain, not in a physical location. Nevertheless, a NEAR wallet functions simply by creating a public key and private key for transmitting and receiving cryptocurrency.
To improve the NEAR wallet experience, a personal chatbot-style assistant could be integrated to assist with queries and guide users through the wallet’s features. Such an assistant would make the network more accessible and user-friendly, especially for those new to blockchain technology.
One promising project is Avorak AI, which offers a range of AI tools, including trading bots, image generators, and an AI writing tool. The language model from Avorak AI could be restrictedly integrated into the NEAR Wallet to improve the user experience and gain exposure for Avorak. AVRK holders could benefit from this project as it generates income and potentially raises the token’s organic price appreciation.
For those interested in Avorak AI, their website and technical whitepaper are available for further information.