Roman Avdeev

The protocol

The Exorde protocol aims to solve the problem of the huge amount of information available on the Internet. With the help of an entire ecosystem, developers want to learn how to collect and analyze information, capture its virality and, if necessary, stop the spread of false information.

To solve this problem, developers rely on the use of artificial intelligence and the work of a heterogeneous group.

The project will operate in a Decentralized Autonomous Organization (DAO) format to ensure transparency and fairness. Participants can be any users who have crypto project tokens.

The project is represented by two main components.

The first is Exorde WorkSystems, which is the central layer for the entire ecosystem. It is a decentralized platform managed by project participants. It is through it that the participants will index various URL queries and their relationships with each other (searching for similarities, correlations) in accordance with the established rules. A set of rules defines the Exorde community.

The received information will pass through the second component - Data Analytics System. The information obtained at the first stage will be subjected to analysis, including the analysis of virality, trends, data clustering, tracking certain fragments, etc. Procedures are performed using NLP models such as BERT or their analogues.

The received textual information will be converted into numerical vectors, which will then be added to the main neural database for subsequent indexing.

Developers see the following groups as their main customers:

• Analytics and alerts for investors
• Data services for organizations
• Media platforms

It was established in 1958 with the aim of providing loans for the construction and reconstruction of facilities that are of interest to the EU countries. The authorized capital is formed from the contributions of the participating countries and amounts to 248.8 billion euros. The Bank provides loans and guarantees for the implementation of such projects:

• development of underdeveloped regions;
• aimed at the modernization or transformation of enterprises or the development of new activities that have contributed to progress towards the creation of a common market;
• which are of common interest to several Member States which, due to their scope or nature, cannot be entirely financially separate Member States.
• By issuing bond loans in the international money market and in the national money markets of the countries of the European Union, the attracted funds of the bank are formed.

The governing bodies of the European Investment Bank are the Board of Governors, the Directorate and the Board. The Governing Council is made up of EU finance ministers. He determines the general credit policy, considers and approves annual balance sheets, and makes changes to the authorized capital. When setting interest rates, the Directorate decides on raising funds, providing loans and guarantees. Operational management is carried out by the President and his five deputies. The location of the European Investment Bank is the European Quarter of Luxembourg.

For profitable projects, regular loans are provided, for low-profit projects - preferential ones. Up to 70% are loans for regional development of less developed areas. The total amount of loans granted is 77 billion euros (in 2014). Bank loans cover part of the cost of the project, supplementing the borrower's own capital (usually less than 50%).

Spheres of use of credits — first of all power, transport and telecommunications. The European Investment Bank also provides preferential loans at the expense of EU funds as a technical manager. Bank loans are provided in several currencies. The interest rate on "mixed" loans is determined on the basis of the weighted average cost in funds raised in these currencies in international or national capital markets.

Investments funds are collective pools of capital coming from multiple investors that is used to purchase securities, and other assets, in particular regions and/or industries. Each investor in an investment fund typically has complete ownership and control of their shares, unless their are agreements made stating otherwise.

In 1822, the world's first investment fund was created in Belgium. However, they became most widespread only after WWII. They became direct competitors of banks and financial institutions, seriously limiting their further development.

After the 2008 financial crisis in the US, many investment funds changed their development strategy. If earlier the emphasis was on active participation in the life of the market: buying and selling securities, investing in young startups, etc., now the funds have switched to a passive strategy: buying shares of certain indices. Only three investment companies have achieved the greatest success here: Vanguard, BlackRock and State Street Corporation, called the “Big Three”. In total, they own 40% of all public US companies and 88% of companies from the S&P500 index. Thus, the shares of most companies are in the hands of a small group of people. During the COVID-19 pandemic, their wealth has increased even more. At the same time, it should be noted that the concentration of ownership exceeds that observed in 1870-1890.

Today, many experts note that the role of investment markets is declining, as they increasingly prefer passive investment. This leads investors to look for other ways to invest.

• Risk diversification by investing funds of individual investors in various financial market instruments;
• Accumulation of savings of individual investors;
• More efficient management of investment resources, which cannot be provided by individual investors due to the lack of necessary professional skills and experience;
• Reducing the cost of operations in the securities market.

Despite the fact that launchpads are start places, fundraising campaigns usually take place thereafter two rounds - seed and private, which usually involve large funds and investors.

On launchpads, projects are sponsored by ordinary users, not by professional investors or funds. In return for investing funds, sponsors receive guaranteed allocations for ICO - a certain percentage of digital coins that they can buy. The main disadvantage is the conditions - to get good allocations, you need to invest $10,000 or more.