FAQ

GETTING STARTED IN CRYPTO

01Introduction

    Meet Edward DeLeon - an outspoken crypto-economist, early bitcoin investor and Founder of Anatha. With a background in traditional finance and crypto journalism, Edward has contributed to 18 of the top 20 ICOs of all time and advised governments on cryptoeconomics.

02Why Cryptocurrency Matters

We already have the tools and technology in place to rewrite the rules of our economic systems. That’s where crypto comes in.

03Cryptocurrency Today

Cryptocurrency is one of the fastest growing assets in the world. Find out why it’s not going anywhere.

04Libracoin and Decentralization

What’s the difference between cryptocurrency and digital money? It’s both simple and complicated. Edward helps explain.

05Multiple Currencies

On the surface, the cryptocurrency market feels crowded and complex. Edward discusses why this is healthy (competition is good) and how it will become much simpler for the everyday user.

06DeFi and Disintermediation

Cryptocurrency is a product of the Decentralized Finance movement which will ultimately host a range of industries from insurance to commerce to money lending.

07DeFi Efficiency Freedom

Cryptocurrency frees us from rent-seeking middlemen who are at the center of our commercial banking. It removes waste from the flow of money.

08Dawn of the Information Age

It helps to think about Cryptocurrency as the next phase of the Information Age. Edward walks us through how this phase is unfolding and why it is inevitable.

09Structural Violence

Limiting access to assets, resources, and trade is an example of how a closed financial system can cause harm. Edward discusses how open, accessible systems help people flourish.

10Structural Flourishing

Creating economic systems designed to help people flourish has the potential to uplift millions.

11Sovereignty and Privacy

Your personal data and attention are not the property of a social media company. Microtransactions can help us reclaim our actions and value.

12Digital Personhood

Participation in cryptocurrency doesn’t require a driver's licence or other government-issue paper. It simply requires a connection, no matter who you or where you come from.

13Democracy and the Blockchain

Banking the unbanked is not just a vision or a policy. It’s something that can be written into the code of an economic system.

14Cryptocurrency in Action

Cryptocurrency is like programmable money. Edward encourages people to choose one that is aligned with your beliefs.

15The Future of Cryptocurrency

When a technology first emerges, people push back. Edward discusses how some of the lessons learned from early digital money can guide us today.

16How to Enter the Realm of Crypto

Edward explores the options for participation in cryptocurrency – from dipping your toe to being a “power user.” Caution: Be wary of traditional banking models posing as crypto.

HOW TO BUY ANATHA TOKENS

How do I buy ANATHA tokens?
There are two ways to purchase ANATHA. You can use either Ether (ETH) or Bitcoin (BTC) to buy ANATHA directly through the website. Or you can use a credit/debit card and buy ANATHA directly through the Anatha Nexus, our app. Just download the Anatha Nexus, click BUY, and follow the instructions —which are basically the same as buying anything online.

What if I want to buy more than $20,000 worth of ANATHA?
The limit of our partner, Simplex, is $20,000 a month for each individual  credit or debit card. If you want to purchase more using your currency, please contact us directly @???

Can I use my own currency to buy ANATHA?
Yes. But only through the Anatha Nexus. Download here.

What cryptocurrencies can I use?
We accept ETH (ether) and BTC (bitcoin)

I bought ANATHA tokens but haven’t received them. What should I do?
It can sometimes take up to a day for your tokens to be distributed to you. (If you purchased with either ETH or BTC through the website, go to your ORDERS and make sure you’ve sent your tokens to us.)

How do I register an HRA (@name)?
You need ANATHA tokens to register an HRA. While a one year subscription for an HRA is one ANATHA, there are small network fees, so we recommend having at least two ANATHA when subscribing.

Click on HRA in the side menu. Choose an @name that’s at least three letters long. If a name is not available, it will let you know. Click Purchase then Confirm. That’s it. 

You can register as many HRAs as you like. Within a given profile, all HRAs will point to the same addresses. |

If you want an HRA for a different wallet —with different private keys—you need to create a new profile within the Anatha Nexus and register an HRA from within that profile. 

How do I receive ANATHA tokens?

  1. Click on ASSETS on the right side menu. 
  2. Select the icon of the asset you want to receive. 
  3. Click RECEIVE on the bottom of the screen. This will show you your address for that asset as both a QR code and a long string of numbers and letters. 
  4. Click “copy” to save your address to your clipboard. Now you can paste and send that address to the person sending you tokens. (There is no security risk in sharing that address.)
  5. Once they send the tokens to you, you will see the tokens show up in your app under PORTFOLIO as well as under that ASSET.. 
  6. This may not be instantaneous as it sometimes takes time for the network to process the transaction. Don’t worry!

What information do I need to sign up to Anatha? 
If you’re creating an account to purchase ANATHA tokens using ETH or BTC through our website, you’ll need to provide your name and email address. If you’re creating a Profile in the Anatha Nexus, you don’t need to provide any information — unless you’re purchasing ANATHA using a debit/credit card in which case our partner, Simplex, will ask for your appropriate information.

Once I purchase ANATHA, what happens?
If you purchased ANATHA using ETH or BTC, your ANATHA tokens will be held in escrow until your provide an ANATHA address (See your ORDERS). To find your ANATHA address, download the Anatha Nexus, click on ASSETS, then the ANATHA logo. On the bottom of the screen, click “RECEIVE” and “copy” your address. 

If you have your ANATHA in your Anatha Nexus, the next thing to do is register your HRA (an @name). One year of one HRA = one ANATHA token.

How long does it take to buy tokens on ANATHA?
The transaction is like buying anything online. But, sometimes, it can take up to 24 hours for your ANATHA tokens to be distributed to you. This is normal — so don’t worry!

What is the difference between wANATHA and ANATHA? 
wANATHA is the “wrapped” version of our mainnet token — which means it is wrapped with code that lets it live on the Ethereum network. The place to buy wANATHA is through a decentralized exchange, Uniswap. When buying directly from us, you’ll be purchasing ANATHA tokens. wANATHA can be converted to ANATHA inside the Anatha Nexus. The two tokens are equivalent.

How do I buy ANATHA tokens with a credit/debit card?
Download the Anatha Nexus (desktop or mobile, iOS or Android) and follow the BUY instructions. It’s like buying anything online.

Do I have to link my bank account?
No. You can provide a credit/debit card.

GETTING STARTED IN CRYPTO

What is Crypto? 

Crypto stands for cryptocurrency or non-national digital currencies — which is different from “digital” money. Most US dollars, for instance, are digital but they are not cryptocurrency as their supply is determined by a centralized body (the Federal Reserve).This is called fiat currency as it only exists via the fiat, or the command of a ruler.

There really is no one thing called cryptocurrency. There are thousands of cryptocurrencies, each with its own features and benefits. Bitcoin, for instance, is one; ANATHA is another. 

One way to think about crypto is as programmable money. It asks each of us: What do you want from your money? How do you want it to behave? How should value flow? The money of a government,  fiat currency, is one way to do it—and an incredibly inefficient, often cruel way at that. Crypto allows for new, more efficient ways money can operate that create better outcomes (such as no poverty or hunger).

An important thing to understand is that crypto is a new kind of thing, a new asset class, that is built using decentralized technologies (such as blockchain). What this means is there doesn’t need to be a central body of people, like a government or corporate board, running it. It “lives” on a blockchain which gives it a lot of unique characteristics. 

For instance, it is transparent (usually; there are private blockchains, too, that can be opaque). You can see all the transactions that take place any time you want—which is very different from how the US Federal Reserve works!  And because a cryptocurrency is distributed across many computers, it is highly secure as there is no one site to hack. 

Which also makes it unstoppable as there is no centralized set of servers such as are used by Internet companies. Think about it: you can shut down an Internet company simply by seizing all its servers (which the government does from time to time). But how do you stop a cryptocurrency when it’s run on different computers all over the world? This provides an increasingly important level of resistance to censorship.

Crypto has a lot of benefits which we encourage you to learn about. [link to master class] Perhaps, most notably, cryptocurrency creates untold efficiencies that let value flow to people who’ve been excluded from the cruel restrictions of today’s global financial system. By one estimate, 1.7 billion people have no access to banking because they can’t produce the required forms such as a birth certificate. Cryptocurrencies have the ability to be radically inclusive. 

Is crypto legal?
Yes, crypto is legal. There are regulations that differ from country to country. But, not only is it legal, more and more corporations and financial institutions are buying it as it has outperformed the US dollar and other fiat currencies by quite a lot. 

Is cryptocurrency “backed” by any government?
No, cryptocurrency is generally not backed by any government. However, there are what are called Central Bank Digital Currencies (CBDC) that have some of the features of cryptocurrency but are usually controlled by a government or its banking institutions. Cryptocurrencies, by and large, run themselves — perpetually running as a kind of computer program or algorithm rather than by a company or group of people. This makes them what we in the industry call “unstoppable” — by any force on earth. (And unlike any government, cryptocurrencies are transparent, there for all to see the code and all transactions)

Is crypto secure?
One of the benefits of crypto is its security. Crypto generally lives on a blockchain which is what’s called a distributed ledger. What that means is there is a great big ledger that records all transactions. But rather than it being in the hands of just one person or company, such as a bank’s or government’s, this ledger runs across many computers, none of which have total control. This is why it’s called decentralized. So no one person can manipulate it. Which means there is no longer one computer to hack. 

What’s a token?
A token is a unit of cryptocurrency. Unlike fiat money, such as the US dollar or Euro, you can purchase fractions of a token to many decimal points. Different tokens have different features and benefits. For instance, one ANATHA lets you register a human readable address (HRA, or @yourname) for one year. In this case, the ANATHA token functions as an access token. It is also a rewards token in that participants in the network continuously receive value in the form of ANATHA tokens. This is not as unusual as it sounds. Think about airline’s rewards miles, brand “points” that let you get swag, or arcade tokens that let you play games. Each crypto’s token has a different use case.

What’s an HRA and why does this matter?
HRA stands for human readable address. Without an HRA, every time you send or receive any cryptocurrency tokens, you have to use an impossible to remember string of letters and numbers. Here’s an example of a Bitcoin address: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2. If it were yours, every time someone wanted to send you Bitcoin, you’d have to give them that address—which is made for computers to read, not human beings. An HRA pushes all that computer-talk to the background so you can just tell someone, “Send my Bitcoin to @daniel.” 

What this also does is create a super simple digital identity system. With just an HRA, anyone can participate and share in the flow of value on the Anatha network. This is a far cry from, say, banks which demand all kinds of information from you—information billions of people don’t have. Anatha HRAs create a way for anyone, anywhere to have access to finance and value.

What’s a cryptocurrency wallet?
A cryptocurrency wallet is how and where you store and manage your cryptocurrencies. There are different types of wallets — hot (a desktop and/or mobile app), cold (hardware device, usually USB), web (hosted & stored by a third party). While web wallets are the easiest to manage, they are also the least secure as they can be hacked. In addition, in most cases you don’t control your funds — the host does. 

Is the Anatha Nexus a wallet?
The Anatha Nexus has a wallet as part of the application. But unlike most wallets, the Anatha Nexus has other features such as its own token (ANATHA) and a seamless way to earn tokens just by registering your @name  (HRA or human readable address). Fees on the Anatha Network are returned to all HRA holders every day (well, technically every block — starting October 1, 2021).

What’s a recovery phrase (also called a mnemonic, seed phrase, or passphrase)?
The most important thing to know is this: You MUST save your recovery phrase. It’s your ONLY way to access your cryptocurrency funds if your computer (or phone) with the Anatha Nexus (or any non-web software wallet) on it dies. 

Your password will NOT work. Your password is a security measure in case someone you don’t trust accesses your device. (We do NOT store your password so can’t help you if you forget it.) 

If you’re re-installing a wallet, you NEED the recovery phrase, not your password, to access your funds should you forget your password or your device dies and you need to re-install the application.

If someone else has your mnemonic, they can drain your funds. So keep it secure!

Why do cryptocurrency wallets use a recovery (also called a mnemonic, seed, or passphrase)? Why don’t they just use passwords like everything else?
Unlike most applications, a software cryptocurrency wallet — such as the Anatha Nexus — is decentralized. Which means no one — no company and no central computers — hosts the application. You control your own funds and information. This makes everything more secure as there’s no central site for hackers to hack. And, unlike banks, a decentralized wallet gives you absolute control over your own funds. No one, not even the government, can reach into your wallet and take your funds without your permission. 

How do I store my recovery phrase (also called a mnemonic or seed phrase)?
The easiest way is to write it down on a piece of paper and store it somewhere safe — waterproof, fireproof. In fact, write it down on several pieces of paper and store each somewhere safe. 

We recommend that you do NOT store it in the cloud where it can be hacked — even on your computer. IF you do store it on your computer, encrypt it with maximum encryption. 

I want to learn more about crypto. Where should I start?
We recommend starting with this master class: www.anatha.io/whycrypto

HOW TO USE THE ANATHA NEXUS

What is the Anatha Nexus?  
The Anatha Nexus is our application that, over time, will include more and more features — which is why we call it a nexus. Inside the Anatha Nexus is a “wallet” functionality that lets you store, send, and receive multiple cryptocurrencies, including ANATHA tokens. You can also register an HRA (an @name) which places you in the Anatha Torus where you will automatically begin earning more ANATHA tokens. 

How do I create a new profile (or instance) within the Anatha Nexus?
The Anatha Nexus lets users create as many unique profiles they want within the app. Each profile has its own private keys as well as its own password. This makes it easy for everyone in a household to use the same application or to handle different transactions for different purposes — such as for personal and business uses

To create a new profile, click the + sign and create the account. Each profile has its own recovery phrase. Please write down each and save them someplace safe.

Each profile has its own password and security. That means your accounts are safe. But it also means you need to remember each password and store each recovery phrase. 

Do different profiles use the same recovery phrase (or mnemonic)?
No — not unless you create the new profile using the same mnemonic! But each profile has its own “private keys” with its own mnemonic. So be sure to write down and store the mnemonic for each profile you create. 

How do I buy ANATHA tokens?
There are two ways to purchase ANATHA. You can either Ether (ETH) or Bitcoin (BTC) to buy ANATHA directly through the website. Or you can use a credit/debit card and buy ANATHA directly through the Anatha Nexus, our app. Just download the Anatha Nexus, click BUY, and follow the instructions —which are basically the same as buying anything online.

What if I want to buy more than $20,000 worth of ANATHA?
The limit of our partner, Simplex, is $20,000 a month per credit/debit card. If you want to purchase more using your currency, please contact us directly @???

How do I register an HRA- Human Readable Address (@name)?
First, you need ANATHA tokens. While a one year subscription for an HRA is one ANATHA, there are small network fees, so we recommend having at least two ANATHA when subscribing.

Click on HRA in the side menu. Choose an @name that’s at least three letters long. If a name is not available, it will let you know. Click Purchase then Confirm. That’s it. 

You can register as many HRAs as you like. Within a given profile, all HRAs will point to the same addresses. 

If you want an HRA for a different wallet —with different private keys—you need to create a new profile within the Anatha Nexus and register an HRA from within that profile. 

 How do I receive tokens?

  1. Click on ASSETS on the right side menu. 
  2. Select the icon of the asset you want to receive. 
  3. Click RECEIVE on the bottom of the screen. This will show you your address for that asset as both a QR code and a long string of numbers and letters. 
  4. Click “copy” to save your address to your clipboard. Now you can paste and send that address to the person sending you tokens. (There is no security risk in sharing that address.)
  5. Once they send the tokens to you, you will see the tokens show up in your app under PORTFOLIO as well as under that ASSET.. 
  6. This may not be instantaneous as it sometimes takes time for the network to process the transaction. Don’t worry!

How do I send tokens to someone else or transfer tokens to a different wallet I possess? 

  1. Click on ASSETS on the right side menu and select the icon of the asset you want to receive. 
  2. Click SEND on the bottom of the ASSET screen. 
  3. In the ADDRESS field, paste the address of the person to whom you’re sending. MAKE SURE THE ADDRESS IS CORRECT as this can’t be undone.
  4. Type in the amount of tokens you’re sending or the currency amount.
  5. Click SEND (This may not be instantaneous as it sometimes takes time for the network to process the transaction. Don’t worry!)

What’s an HRA?
HRA stands for human readable address. In order to send and receive tokens, you have to have an address that the network — computers — can read. These are long and complex. An HRA is something you create that’s easy to remember. So you can tell a friend, “Just send 28 Anatha to @daniel.” 

How do I update the Anatha Nexus? 
Visit the Downloads page of our website for the latest updates.

Do the mobile and desktop versions sync with each other?
Yes. In order to sync them, be sure to log in using the same recovery phrase (also called a mnemonic, seed phrase, or pass phrase).

What information does Anatha have access to? 
Inside the Anatha Nexus, we have no access to any of your information. If you created an account to purchase ANATHA tokens through the website, we have your email address — so you can come back and claim the ANATHA tokens you’ve purchased.

How do I get started with Anatha?
To get started, you need to buy some ANATHA tokens. If you’re purchasing with ETH or BTC, you can purchase through our website. If you’re using a credit/debit card, download the Anatha Nexus (desktop or mobile, iOS or Android) and follow the BUY instructions. Once you have ANATHA tokens in your Anatha Nexus, register your HRA (@name) — One ANATHA = One year of an HRA. Once you have an HRA, you will automatically start earning more ANATHA tokens via the Anatha Torus.

How do I create an account with Anatha?
To create a new profile in the Anatha Nexus, just choose a username and password (we do NOT store these) and be sure to write down your recovery phrase (we do NOT store that, either).

What happens if I lose my username, password, or recovery phrase?
If you lose your username and/or password, log in using your recovery phrase. If you’ve lost your recovery phrase and just can’t remember it, we’re afraid there’s nothing we can do. We do not have access to that information so never stored it anywhere,

Can I register multiple HRAs? 
Yes! Register as many as you like. Not that HRAs within the same profile will link to the same wallet addresses. If you want a unique HRA a unique wallet, create a new profile within the application. Be sure to store your new recovery phrase as it will be unique. And then register an HRA — or as many as you like — from within that profile. 

I tried to register an HRA and it says “Not Available” what do I do?  
That just means someone else already registered it. So just as you try different variations when choosing an email address, try different variations on the HRA you want.

Can I add my family members?  
Absolutely. You can create multiple accounts/profiles within the application, each with its unique security — username, password, and recovery phrase.

Can I manage multiple family members or accounts at the same time?  
Absolutely. Just create multiple accounts/profiles within the application, each with its unique security — username, password, and recovery phrase. 

How do I create separate accounts with their own portfolios and logins? 
Click to + sign to create a new and unique profile.