Filling the Knowledge Gap: CryptoStudio’s Independent Comparison and Education Hub Promises to Help Crypto Adoption Go Mainstream

Benjamin Franklin put it best when he said, “An investment in knowledge pays the best interest.”

Nowhere does his claim hold truer than in the crypto market. Here, investors must sift through thousands of investment opportunities to identify the few diamonds in the rough. And the consequences of making a bad pick are high. Just ask the investors who were caught up in the terra/luna collapse.

Yet the rewards for making the right decisions can be spectacular. Just ask anyone who has been holding on to bitcoin for the past 10 years.

Knowledge is key, but studies have confirmed that people are struggling to access it. In YouGov's 2021 Crypto Literacy Survey, for example, 96% of American crypto- or bitcoin-aware internet users scored less than 60% on a 17-question quiz about cryptocurrencies.

This situation appears to be holding back crypto adoption: A survey conducted by the Economist Intelligence Unit in 2021 found that 51% of people said a lack of knowledge is the main thing that has stopped them from becoming crypto users.

That finding should be a wake-up call for providers of crypto products and services.

This knowledge gap is the problem being tackled by CryptoStudio, a startup founded by a mix of digital entrepreneurs, techies, finance professionals and crypto enthusiasts with a decade-long track record in the Berlin startup scene.

Firm believers that blockchain technology enables financial sovereignty and opportunity for everyone, the CryptoStudio team is on a trajectory to become the independent and authoritative voice the crypto sector urgently needs. It has built an independent comparison and knowledge hub and data-driven decision-making tools to support inexperienced and more seasoned users alike to make informed choices in crypto markets.

Some of the features on the site look like they could be game changers when it comes to mainstream adoption of crypto.

One of the most important resources that CryptoStudio offers is a regularly updated collection of detailed comparisons and impartial reviews of crypto platforms.

The collection is the perfect starting point for people who are interested in investing in crypto to learn about which options will be right for them as they take their first steps into the sector. Prepared by CryptoStudio’s team of experts, it covers the leading providers of a range of products and services, from lending platforms and tax tools to wallets, crypto credit cards and exchanges. It also provides curated lists of the best crypto-focused books, podcasts and newsletters.

Crucially, CryptoStudio doesn’t promote any specific cryptocurrencies or platforms in its reviews. It is uncompromising in its aim to provide only well-researched information and present it in an undogmatic, user-focused way. Nor is CryptoStudio about turning people into bitcoin zealots or getting them to sign up for a specific service. It’s about giving people the tools and knowledge they need to understand the crypto market and make their own independent and informed decisions.

Alongside this wealth of unbiased reviews of crypto platforms, front and center on the CryptoStudio website is a set of resources that will help users get into what CryptoStudio’s experts see as the most straightforward way for beginners to enter the asset class: investing in crypto lending.

Especially if it is combined with investment in stablecoins, crypto lending has the potential to be the investment strategy that makes crypto adoption go mainstream. It is not subject to volatility risks, and anyone who has ever opened a savings account with a bank understands the concept of earning interest on deposits.

To help people make sense of their options when it comes to investing in lending, CryptoStudio offers an interactive Yield and DCA Calculator, daily updated crypto lending interest rates and a beginner’s guide to this side of the crypto industry. These features are a great starting point for anyone who wants to begin to make a steady passive income from crypto.

The knowledge gap that CryptoStudio is working to fill through all these resources is not just a problem for investors themselves. It’s also a headache for product and service providers, because misunderstandings create disappointment and distrust, and they force lawmakers and regulators to become heavy-handed, thereby creating roadblocks to technological innovation.

CryptoStudio has hit on a knowledge-sharing approach that can prevent those misunderstandings. It seeks information and data directly from crypto platforms and service providers, diving deep in its inquiries to obtain important details that may not be clearly set out in the platforms’ own literature. Then it submits what it finds to rigorous third-party validation.

By remaining strictly independent while fostering dialogue with product and service providers in this way, CryptoStudio is doing more than giving people the knowledge they need to make smart crypto investments. It’s also helping the overall crypto ecosystem to mature into a trusted investment area where potential customers can confidently put their trust in product and service providers.

To chase away the clouds of doubt that gather whenever a crypto crash or scam makes headlines, an independent comparison and knowledge hub like CryptoStudio is exactly what the crypto ecosystem needs now. The more crypto platforms work with it, the more we can expect crypto to enjoy a prosperous and sustainable future.