Millennial and Gen Z members of the Web3 community are hopeful that advance Artificial Intelligence (AI) integration with the sector will finetune investment decisions for younger investors. KuCoin, that claims to be the fifth largest crypto exchange in the word, conducted a detailed study on how AI could be integrated into Web3 elements like crypto and blockchain gaming among others. While AI has been a popular tech tool among developers for nearly a decade now, but discussions around the technology picked pace after AI-based chatbots like ChatGPT recently blew up on social media. Now, as the technology has seen widespread adoption, Big Tech is racing to integrate AI tools in its services.

KuCoin surveyed 1,125 crypto users from different parts of the world to understand how the Web3 community perceives AI. The survey included responses from Gen Z users aged 18-24 (15 percent), Gen Y users aged 25-40 (54 percent), Gen X users aged above 40 (31 percent), with a varied level of experience in crypto investing.

Over 64 percent of the younger respondents confirmed that they were somewhat familiar with the uses of AI in crypto and blockchain. On the contrary, members of the GenX generation are lesser aware about AI utilisation in crypto as well as in other industries as well.