Resources for Beginners

Cheat Sheet

We know that this might be the first time investing in crypto assets for many so we created this "cheat sheet". Knowing what certain terms mean, goes a long way in understanding,

 which helps one be a

more savvy investor.


Anodos Fund is a decentralized and multi-chain investment platform

 for crypto assets.



Knowing the meaning of the terms and how they relate to crypto projects will

 give you the tools to navigate the

cryptocurrency space with

 much more confidence.


Below is a list of terms relevant to Anodos.

We know that this might be the first time investing in crypto assets for many so we created this "cheat sheet". Knowing what certain terms mean, goes a long way in understanding,

 which helps one be a more savvy investor.


Anodos Fund is a decentralized and multi-chain investment platform for crypto assets.



Knowing the meaning of the terms and how they relate to crypto projects will give you the tools to

navigate the cryptocurrency space with much more confidence.


Below is a list of terms relevant to Anodos.


We have taken a unique approach in utilizing a form of "copy trading" and the use of smart contacts for our portfolios.

We call them "smart portfolios".

Below is a basic breakdown.


 What is copy trading? Copy or social trading is based on following

profitable traders.


Professional traders earn additional money by providing their expertise to inexperienced traders, while investors get the ability to copy trades

from the experts and easily

succeed on the crypto market.


Our approach is NOT to trade, it is to invest. You choose how long you'd like your investment to mimic ours,

and you decide when you'd

 like to take profits, all

through the power of smart contacts. 


We at NO TIME

have custody of your assets.


They remain in the smart portfolio until if and when you'd like to withdraw them

 to your crypto wallet.


Should you withdraw and be in profit we will automatically be compensated according to the outlined rules or smart contract of the portfolio you invested in.


In simple terms, we invest in projects we feel are worth investing in on different tiers such as High risk, medium risk and low risk. Small market caps,

large market caps, etc.


We adjust our portfolio as needed, and swap out projects for more promising ones when the opportunity arises.


Through smart portfolios, your

investment follows our "moves" while

retaining custody yourself.


In short, if we make a move that we feel is best for our personal investment, your money mimics the same moves.


A smart contract In their simplest form, smart contracts are pieces of code that are used to automatically execute an

agreed-upon set of terms. 


 Just like a regular contract, a smart contract is used to ensure everybody involved in an agreement knows

exactly what is expected

 of them, and is used for ensuring

all parties fulfill their obligations.


They’re built using blockchain technology and are revolutionizing the way we think about agreements and how they are enforced.


Smart contracts allow for the creation

 of trustless protocols.


Trustless means that two parties can make commitments via blockchain, without having to know or trust each other. They can be sure that if the conditions aren't fulfilled, the contract won't be executed. 




Here are two very basic examples of how smart contracts are used or can

 be used to help you:


Token Transfer: Imagine two people want to exchange a digital asset, like cryptocurrency, when certain conditions are met. A smart contract can be created to hold the asset in escrow and automatically release it

to one party when the other party

fulfills their end of the agreement.


 For instance, if person A agrees to pay person B a certain amount upon the delivery of a product, the smart contract can release the payment automatically when the tracking system confirms the product's delivery.


Insurance Payouts: In insurance, when a specific event occurs, the smart contract can determine if the policyholder is eligible for a payout and then automatically send the funds. For instance, in the case of flight insurance, if a flight is delayed for more than a certain amount of time, the smart contract could automatically trigger a payout to the insured individual without the need for a claims process.


This is why smart contracts are trustless.


 The agreement is determined

before you enter it.


No one to bribe, no political or social bias.

 

The agreement is executed based

 on the contract requirements alone.


Bonus example (Real Estate)

Closing and Transfer: On the agreed-upon closing date, the smart

contract can initiate the transfer of

ownership rights to the buyer.


This can involve transferring the property title, updating records, and releasing funds from escrow to the seller.



All of this is done automatically, reducing the risk of fraud and errors.


We have taken a unique approach in utilizing a form of "copy trading" and the use of smart contacts for our portfolios.

We call them "smart portfolios". Below is a basic breakdown.


 What is copy trading? Copy or social trading is based on following profitable traders. Professional traders earn additional money by providing their expertise to inexperienced traders, while investors get the ability to copy trades from the experts and easily succeed on the crypto market.


Our approach is NOT to trade, it is to invest. You choose how long you'd like your investment to mimic ours, and you decide when

you'd like to take profits, all through the power of smart contacts.  We at NO TIME have custody of your assets.


They remain in the smart portfolio until if and when you'd like to withdraw them to your crypto wallet. Should you withdraw and be in profit we will automatically be compensated according to the outlined rules or smart contract of the portfolio you invested in.


In simple terms, we invest in projects we feel are worth investing in on different tiers such as High risk, medium risk and low risk. Small market caps, large market caps, etc. We adjust our portfolio as needed, and swap out projects for more promising ones when the opportunity arises.


Through smart portfolios, your investment follows our "moves" while retaining custody yourself.

In short if we make a move that we feel is best for our personal investment, your money mimics the same moves.


A smart contract In their simplest form, smart contracts are pieces of code that are used to automatically execute an agreed-upon set of terms.  Just like a regular contract, a smart contract is used to ensure everybody involved in an agreement knows exactly what is expected of them, and is used for ensuring all parties fulfill their obligations. They’re built using blockchain technology and are revolutionizing the way we think about agreements and how they are enforced.


Smart contracts allow for the creation of trustless protocols. Trustless means that two parties can make commitments via blockchain, without having to know or trust each other. They can be sure that if the conditions aren't fulfilled, the contract won't be executed. 




Here are two very basic examples of how smart contracts are used or can be used to help you:


Token Transfer: Imagine two people want to exchange a digital asset, like cryptocurrency, when certain conditions are met. A smart contract can be created to hold the asset in escrow and automatically release it to one party when the other party fulfills their end of the agreement.


 For instance, if person A agrees to pay person B a certain amount upon the delivery of a product,

the smart contract can release the payment automatically when the tracking system confirms the product's delivery.


Insurance Payouts: In insurance, when a specific event occurs, the smart contract can determine if the policyholder is eligible for a payout and then automatically send the funds. For instance, in the case of flight insurance, if a flight is delayed for more than a certain amount of time, the smart contract could automatically trigger a payout to the insured individual without the need for a claims process.


This is why smart contracts are trustless. The agreement is determined before you enter it. No one to bribe, no political or social bias.

The agreement is executed based on the contract requirements alone.


Bonus example (Real Estate) Closing and Transfer: On the agreed-upon closing date, the smart contract can initiate the transfer of ownership rights to the buyer. This can involve transferring the property title, updating records, and releasing funds from escrow to the seller.

All of this is done automatically, reducing the risk of fraud and errors.

6 terms that intimidate beginners with brief, simple explanations.

1. Decentralized Exchange (DEX) and Automated Market Maker (AMM):


A decentralized exchange (DEX) is a P2P marketplace that connects

cryptocurrency buyers and sellers.


DEXs usually utilize smart contracts to enable orders to be settled automatically and immediately from crypto

wallets without the need for a

middleman or custodian.


The two most common types of DEXs are central limit order book (CLOB) DEXs and Automated Market Makers (AMMs).


 Simply put, an AMM is a computer algorithm that facilitates the trading of digital assets by automatically setting prices based on the assets'

 supply and demand.


When you are trading on an AMM, you are executing the trade against the liquidity in the liquidity pool. For the buyer to buy, there doesn’t need to be a seller at that particular moment, only sufficient liquidity in the specific pool.



2. Privacy – KYC/AML (Know Your Customer and Anti-Money Laundering)

compliance is the norm

for many exchanges.


For regulatory reasons, individuals must often submit identity documentation and proof of address.


This is a privacy concern for some and an accessibility concern for others.


What if you don’t have valid documents on hand? What if the information

is somehow leaked?


Since Decentralized Exchanges (DEXs) are permissionless and trustless,

no one checks your identity.

All you need is a cryptocurrency wallet.

3. Sovereignty

Sovereignty, or control over one’s funds, can be exercised freely in DEXs.

 Users have full custody of their funds and are able to use them as they please.

 Concerns like centralized exchanges

or platforms freezing your assets or blocking withdrawals do not

happen in DEXs.


You have full control with your wallet.


4. No counterparty risk

The primary appeal of decentralized cryptocurrency exchanges is that they don’t hold customers’ funds. As such, even catastrophic breaches like the 2014 Mt. Gox hack won’t put users’

 funds at risk or expose any

sensitive personal information.

6 terms that intimidate beginners with brief, simple explanations.

1. Decentralized Exchange (DEX) and Automated Market Maker (AMM):

A decentralized exchange (DEX) is a P2P marketplace that connects cryptocurrency buyers and sellers. DEXs usually utilize smart contracts to enable orders to be settled automatically and immediately from crypto wallets without the need for a middleman or custodian. The two most commong types of DEXs are central limit order book (CLOB) DEXs and Automated Market Makers (AMMs). Simply put, an AMM is a computer algorithm that facilitates the trading of digital assets by automatically setting prices based on the assets' supply and demand. When you are trading on an AMM, you are executing the trade against the liquidity in the liquidity pool. For the buyer to buy, there doesn’t need to be a seller at that particular moment, only sufficient liquidity in the specific pool.



2. Privacy – KYC/AML (Know Your Customer and Anti-Money Laundering)

compliance is the norm for many exchanges. For regulatory reasons, individuals must often

 submit identity documentation and proof of address. This is a privacy concern for some and an accessibility concern for others. What if you don’t have valid documents on hand? What if the information is somehow leaked? Since Decentralized Exchanges (DEXs) are permissionless and trustless, no one checks your identity. All you need is a cryptocurrency wallet.

3. Sovereignty

Sovereignty, or control over one’s funds, can be exercised freely in DEXs.

 Users have full custody of their funds and are able to use them as they please.

 Concerns like centralized exchanges or platforms freezing your assets or blocking withdrawals do not happen in DEXs.

 You have full control with your wallet.


4. No counterparty risk

The primary appeal of decentralized cryptocurrency exchanges is that they don’t hold customers’ funds. As such, even catastrophic breaches like the 2014 Mt. Gox hack won’t put users’ funds at risk or expose any sensitive personal information.

5. Financial Inclusiveness

Many centralized exchanges restrict people from certain jurisdictions from using their services.


This is not an issue for DEXs because anyone from anywhere in

 the world can utilize them.


This creates a much more inclusive and fair ecosystem. All you need is an internet connection and a crypto wallet.


6. Unlisted tokens

Tokens that aren’t listed on centralized exchanges can still be traded freely on DEXs, provided there’s supply

and demand.


Some more advanced Terms made simple



MULTI-CHAIN: A project has

 been deployed on multiple

blockchains, connecting isolated

chains together as one network.


The result is users can transact across many chains without needing to move assets from one place to another.


 A multi-chain project has interoperability at its core and doesn't have one home or a specific blockchain network operating, but has multiple networks integrated and gives users the freedom to choose and use any network and any asset available in these.



INTEROPERABILITY: Because each blockchain is effectively an island with little to no connectivity with other blockchains or the outside world,

 a user can’t access an application

on another blockchain.


This results in a major problem of inefficiency and inhibits innovation in the space. More critically, it limits users’ freedom over how to use their

digital assets. Interoperability means different networks and projects can “talk” to each other.


This allows users to send data and value from one network to the

other seamlessly.


This is done via systems and protocols such as blockchain bridges or cross-chain protocols so that blockchains

 and apps can communicate and interoperate with each other.


5. Financial Inclusiveness

Many centralized exchanges restrict people from certain jurisdictions from using their services.


This is not an issue for DEXs because anyone from anywhere in the world can utilize them.

This creates a much more inclusive and fair ecosystem.


All you need is an internet connection and a crypto wallet.


6. Unlisted tokens

Tokens that aren’t listed on centralized exchanges can still

 be traded freely on DEXs, provided there’s

supply and demand.


Some more advanced Terms made simple



MULTI-CHAIN: A project has been deployed on multiple

blockchains, connecting isolated chains together as one network.


The result is users can transact across many chains without needing to move assets from one place to another.


 A multi-chain project has interoperability at its core and doesn't have one home or a specific blockchain network operating, but has multiple networks integrated and gives users the freedom to choose and use any network and any asset available in these.



INTEROPERABILITY: Because each blockchain is effectively an island with little to no connectivity with other blockchains or the outside world,

 a user can’t access an application

on another blockchain.


This results in a major problem of inefficiency and inhibits innovation in the space. More critically, it limits users’ freedom over how to use their

digital assets. Interoperability means different networks and projects can “talk” to each other.


This allows users to send data and value from one network

to the other seamlessly.


This is done via systems and protocols such as blockchain bridges or cross-chain protocols so that blockchains

 and apps can communicate and interoperate with each other.


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