How Autonomy Network Helps You Carry Out Your Everyday Blockchain Transactions
Since the establishment of the Bitcoin in 2009, the blockchain technology has been undergoing a series of developments. Newer cryptocurrency platforms have come up with great ideas and lightful innovations which have influenced the blockchain technology till date.
In like manner, the Autonomy Network seeks to bring a new innovations into the blockchain system worldwide – the conversion of bots into NFTs.
Talking about new innovation, I've always found the NFT potential limited to few functions/features. Having to just have them and keep them as artifacts in your wallets or buy them and list them again to sell at higher prices. It could be so much of an hassle.
Okay, the era of GameFi and Metaverse has improved the need for NFTs but have you ever wondered? "People who are more involved in trading the crypto market; the crypto sharks, lords, and bulls, whose uttermost priority is to leverage on the market and gain from rise and fall in the market, what use would NFTs be to them?"
Well, you already know the answer. Because if you are keen on studying the crypto market to know what actions to take to avoid losses when trading and make much profits, then NFTs will just be artifacts you stock to sell off when prices go up or just for stocking them.
As a crypto trader, your aim is to leverage the market conditions and make great profits, yeah? And in doing so, you have to observe, study, and consider whatever is going on in the market before taking actions, right?
(The better you can get at analyzing and predicting the market, the better you get at making profits.)
Now, what if there was a way for you to set up arbitrary actions to be triggered under arbitrary conditions, in a decentralized, guaranteed way?
This way you do not have to always have your eyes on your device, watching, and taking notes, just so you can set up actions. You can just go on your way and whatever market condition occurs, the action you would have taken in that condition is automatically implemented for you even when you are not there.
If there's such a way, the crypto space would be able to level up, don't you think? Well, I'm glad to tell you Autonomy is the Way and the Truth!
Remember I asked of what value NFTs could be to traders? This is how!
Imagine an NFT carrying out transactions on your behalf? You don't have to just keep the NFT in your wallet because you have plans to sell it off someday and make profit from it.
Autonomy has hit us with a much more bigger and incredible innovation! Own NFTs which help you make grow your portfolio while they are in your portfolio.
The NFTs take the market conditions into consideration and carry out the actions you set when this conditions are met automatically! All you have to do is link them to the market you trade on.
Yeah, it's a wowzer.
Let's get this in detail.
The Autonomy Automated NFTs (aNFTs)
The aNFTs are automatic execution tools/bots— in form of non-fungible tokens, that carry out future transactions on the crypto market on our behalf.
Autonomy Network aims towards reducing struggles and stress faced while trading on blockchains with these NFTs.
How is the Introduction of aNFTs Vital in Blockchain Transactions?
Trading on crypto blockchains is likened to trading on foreign exchange (Forex) markets. There are losses as much as there are gains. Currencies rise and fall with time and the market can be very volatile.
However, a lot of analytical techniques have been placed to predict the conditions and what may likely occur. So, we carry these analysis out, then have to effect the actions based on what our analysis tells us. Yet, even when we conduct technical analysis, there can still be unpredictable circumstances.
So, what if we put in place an action considering our view of the market and it turns out to be the opposite and we are not there to stop it on time before we loss a lot? That's more mentally derailing.
Where am I heading at? Since the market is highly volatile and despite our skills we have to be on the watchout, the idea of trading becomes burdensome and time-consuming. Once we know the conditions we have to wait till our action takes place or we pull away before we encounter losses.
Autonomy aNFTs will be the solution to this problem of always sitting in front of your device. aNFTs take on the stress for you.
You carry out your analysis in terms of the market and know the conditions, which will in turn give a counter-condition. You expect your condition to be met and so you go in to trade for profit with the condition you've predicted in mind. But you just have to be somewhere else.
What if the counter-condition occurs when you are away? It simply means you'll lose your money, right? But what if you can get to instruct your aNFT to stop loss at a point when the counter-condition occurs? If your NFT bot does this, then it successfully helped you stop loss when you would have lost a lot.
Here's an illustration:
Mr A. has predicted that Bitcoin will rise to $30,000 dollars by tomorrow and he makes a future trade with his portfolio at stake. If it rises, he has a 10× profit leverage of whatever it rises to, but if it falls, that is a 10× loss.
He's not risking his counter-condition, so he makes an entry on Autonomy instructing his aNFT to pull him out of the market if Bitcoin falls a dollar lesser than he intended, that way, he loses just 10×1 instead of 10× whatever amount less he would have come to meet the dip at.
That way, aNFT puts the conditions into cognizance and when they occur, it takes the required actions and Mr. A is salvaged.
This doesn't only apply to Futures Trading but Shot Trading as well.
In Shot Trading, you are not really looking at overcoming your losses, but rather at gaining from buying dips and selling in rise, yet staying to watch the rise and fall is still tasking.
An illustration:
Mr B wants to buy 1 BTC for $20,000 having predicted that the market will hit that pointbefore it rises again. But he can't wait to watch the market hit that point to get to buy the coin, because he has other things to do.
So he goes to Autonomy and makes an entry instructing his aNFT to buy 1 BTC from an Exchange of his choice only if it hits $25,000.
That registered, Mr. B can go on his way and once the condition is met (BTC hits $25,000), his dear aNFT transfer the required cash from his wallet and carries out the action (Buy). That way, Mr.B has been saved the stress of studying the market.
Do you now understand?
So basically, aNFTs are crypto robots made by the Autonomy Network that you can own as NFTs and they help you carry out your blockchain transactions for you. Amazing, right?!
In summary, your purchased aNFTs help you:
Manage risks.
Stop deep losses.
Moves your liquidity (ease of trade) to higher yielding farms.
Form contracts that kick off transactions without much costs and losses.
That is the future Autonomy Network is bringing to the blockchain industry – very revolutionary!
With all due respect, I think I have to stand in salute for Autonomy's wonderful idea!
About the Autonomy Network
Autonomy Network is a decentralized web in which you can find the ease of access as a developer and user to transactions carried on Web3.0 blockchains, by making use of the automatic execution tools provided by the network.
For information about Autonomy Network, please visit:
For more information about Autonomy NetworkHow Autonomy Network Helps You Carry Out Your Everyday Blockchain Transactions.
Since the establishment of the Bitcoin in 2009, the blockchain technology has been undergoing a series of developments. Newer cryptocurrency platforms have come up with great ideas and lightful innovations which have influenced the blockchain technology till date.
In like manner, the Autonomy Network seeks to bring a new innovations into the blockchain system worldwide – the conversion of bots into NFTs.
Talking about new innovation, I've always found the NFT potential limited to few functions/features. Having to just have them and keep them as artifacts in your wallets or buy them and list them again to sell at higher prices. It could be so much of an hassle.
Okay, the era of GameFi and Metaverse has improved the need for NFTs but have you ever wondered? "People who are more involved in trading the crypto market; the crypto sharks, lords, and bulls, whose uttermost priority is to leverage on the market and gain from rise and fall in the market, what use would NFTs be to them?"
Well, you already know the answer. Because if you are keen on studying the crypto market to know what actions to take to avoid losses when trading and make much profits, then NFTs will just be artifacts you stock to sell off when prices go up or just for stocking them.
As a crypto trader, your aim is to leverage the market conditions and make great profits, yeah? And in doing so, you have to observe, study, and consider whatever is going on in the market before taking actions, right?
(The better you can get at analyzing and predicting the market, the better you get at making profits.)
Now, what if there was a way for you to set up arbitrary actions to be triggered under arbitrary conditions, in a decentralized, guaranteed way?
This way you do not have to always have your eyes on your device, watching, and taking notes, just so you can set up actions. You can just go on your way and whatever market condition occurs, the action you would have taken in that condition is automatically implemented for you even when you are not there.
If there's such a way, the crypto space would be able to level up, don't you think? Well, I'm glad to tell you Autonomy is the Way and the Truth!
Remember I asked of what value NFTs could be to traders? This is how!
Imagine an NFT carrying out transactions on your behalf? You don't have to just keep the NFT in your wallet because you have plans to sell it off someday and make profit from it.
Autonomy has hit us with a much more bigger and incredible innovation! Own NFTs which help you make grow your portfolio while they are in your portfolio.
The NFTs take the market conditions into consideration and carry out the actions you set when this conditions are met automatically! All you have to do is link them to the market you trade on.
Yeah, it's a wowzer.
Let's get this in detail.
The Autonomy Automated NFTs (aNFTs)
The aNFTs are automatic execution tools/bots— in form of non-fungible tokens, that carry out future transactions on the crypto market on our behalf.
Autonomy Network aims towards reducing struggles and stress faced while trading on blockchains with these NFTs.
How is the Introduction of aNFTs Vital in Blockchain Transactions?
Trading on crypto blockchains is likened to trading on foreign exchange (Forex) markets. There are losses as much as there are gains. Currencies rise and fall with time and the market can be very volatile.
However, a lot of analytical techniques have been placed to predict the conditions and what may likely occur. So, we carry these analysis out, then have to effect the actions based on what our analysis tells us. Yet, even when we conduct technical analysis, there can still be unpredictable circumstances.
So, what if we put in place an action considering our view of the market and it turns out to be the opposite and we are not there to stop it on time before we loss a lot? That's more mentally derailing.
Where am I heading at? Since the market is highly volatile and despite our skills we have to be on the watchout, the idea of trading becomes burdensome and time-consuming. Once we know the conditions we have to wait till our action takes place or we pull away before we encounter losses.
Autonomy aNFTs will be the solution to this problem of always sitting in front of your device. aNFTs take on the stress for you.
You carry out your analysis in terms of the market and know the conditions, which will in turn give a counter-condition. You expect your condition to be met and so you go in to trade for profit with the condition you've predicted in mind. But you just have to be somewhere else.
What if the counter-condition occurs when you are away? It simply means you'll lose your money, right? But what if you can get to instruct your aNFT to stop loss at a point when the counter-condition occurs? If your NFT bot does this, then it successfully helped you stop loss when you would have lost a lot.
Here's an illustration:
Mr A. has predicted that Bitcoin will rise to $30,000 dollars by tomorrow and he makes a future trade with his portfolio at stake. If it rises, he has a 10× profit leverage of whatever it rises to, but if it falls, that is a 10× loss.
He's not risking his counter-condition, so he makes an entry on Autonomy instructing his aNFT to pull him out of the market if Bitcoin falls a dollar lesser than he intended, that way, he loses just 10×1 instead of 10× whatever amount less he would have come to meet the dip at.
That way, aNFT puts the conditions into cognizance and when they occur, it takes the required actions and Mr. A is salvaged.
This doesn't only apply to Futures Trading but Shot Trading as well.
In Shot Trading, you are not really looking at overcoming your losses, but rather at gaining from buying dips and selling in rise, yet staying to watch the rise and fall is still tasking.
An illustration:
Mr B wants to buy 1 BTC for $20,000 having predicted that the market will hit that pointbefore it rises again. But he can't wait to watch the market hit that point to get to buy the coin, because he has other things to do.
So he goes to Autonomy and makes an entry instructing his aNFT to buy 1 BTC from an Exchange of his choice only if it hits $25,000.
That registered, Mr. B can go on his way and once the condition is met (BTC hits $25,000), his dear aNFT transfer the required cash from his wallet and carries out the action (Buy). That way, Mr.B has been saved the stress of studying the market.
Do you now understand?
So basically, aNFTs are crypto robots made by the Autonomy Network that you can own as NFTs and they help you carry out your blockchain transactions for you. Amazing, right?!
In summary, your purchased aNFTs help you:
Manage risks.
Stop deep losses.
Moves your liquidity (ease of trade) to higher yielding farms.
Form contracts that kick off transactions without much costs and losses.
That is the future Autonomy Network is bringing to the blockchain industry – very revolutionary!
With all due respect, I think I have to stand in salute for Autonomy's wonderful idea!
…
About the Autonomy Network
Autonomy Network is a decentralized web in which you can find the ease of access as a developer and user to transactions carried on Web3.0 blockchains, by making use of the automatic execution tools provided by the network.
For information about Autonomy Network, please visit: website and join Discord! Follow on Twitter to stay updated
