CAIA.nxt™ Digital Assets Microcredential

• Understand the history and evolution of the digital assets ecosystem • Understand the mechanics of distributed ledger technology (DLT), blockchain technology, and it’s use cases for digital assets • Differentiate the mechanics of the Bitcoin and Ethereum networks • Describe the evolution of digital asset markets since their inception in the global financial crisis • Identify the four primary use cases of digital asset technologies • Understand the investment characteristics of digital asset tokens • Understand the difference between Layer 1 and Layer 2 Solutions • Differentiate between the four major digital assets categories • Understand the major applications of digital payments, including stablecoins, CBDCs, and credit cards • Understand the major applications of Decentralized Finance (DeFi) and DAOs including the decentralized exchanges, blockchain oracles, lending and borrowing, insurance, yield farming, derivatives • Understand the various kinds of token securities • Understand the applications of Web 3.0 and the interactions other applications, including social media, gaming, and financial services • Define network effects and tokenomics and their applications on determining a digital asset’s value • Describe the major categories, considerations, and applications of tokenomics • Understand the most common fundamental and technical digital asset valuation frameworks • Understand the usefulness of a digital asset’s historical performance statistics • Categorize digital assets by their risk characteristics • Understand the cycles of digital asset performance • Understand the role different digital assets may play in a portfolio • Define technology neutrality, understand its historical significance and potential applications for digital asset regulation • Understand the four primary types of regulation • Describe important considerations surrounding custody, including custodians, hard and soft wallets, and public and private keys • Understand the common investment vehicles used for investors to access digital asset markets.