[ANN][OAX] openANX - Real World Application of Decentralized Exchanges

AsiaNexgen

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Around this time last year, we wrote a recap of the NFT ecosystem in 2023 and it's interesting to see how the space has developed throughout 2024. 📈

While much of the hype has been around Bitcoin, regulatory changes and excitement around the bull market, NFTs remain an important cornerstone of blockchain innovation, driving usage of blockchain protocols like Solana and Base. 🌐

Are NFTs "dead"? The data tells us that the sector is not dead but rather is evolving. Read our in-depth look at the NFT space in 2024 ➡️ https://www.oax.org/2024/12/20/The-State-of-NFTs-in-Q4-2024.html

Whatever it is, 2024 has definitely been a rollercoaster ride for the NFT ecosystem as a whole. Here's to more growth and innovation in the space for 2025! 🚀

AsiaNexgen

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Hi community members 👋

We’ve previously covered other vibrant ecosystems like Solana and Base, today we’ll be deep diving into the growing Near Protocol ecosystem. 🙂

#NEAR Protocol is one of the leading Layer 1 blockchains in the space, focusing on usability, scalability and innovation. 🖥️ With growth in their ecosystem like Nightshade 2.0, Chain-Signatures and a more user-focused approach to #AI integration, Near Protocol has been positioning itself well as a #tech powerhouse in the space and an ecosystem for developers and projects to consider in the years ahead. ✅

In our latest writeup, read some of Near Protocol’s Q3 2024 highlights and milestones ➡️ https://www.oax.org/2024/12/10/Near-Protocol-Q3-Ecosystem-Deep-Dive.html

Which ecosystem would you like us to cover next? 😉

AsiaNexgen

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Activity: 451

Merit: 100

As we’re rapidly reaching the end of 2025, the digital assets space seems poised for an exciting era of growth and opportunity. 🌍

The post-US elections landscape has reenergised the markets with Bitcoin hovering close to the monumental 100k mark, with political and regulatory movements suggesting the tides are turning a positive way for the blockchain space. 📈

In Hong Kong, ZA bank has become the first bank to offer retail crypto trading in the space, in partnership with Hashkey - which is a significant milestone for crypto in Asia.

We’ve also gotten some keen insights into the growth of Green Fintech and sustainability technologies in Hong Kong, and are excited to see more convergence between such green initiatives and the Web3 space. ☘️

And that’s not all, for the full rundown of latest highlights, read our latest community updates ➡️ https://www.oax.org/2024/11/29/November-2024-Community-Updates.html

AsiaNexgen

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Activity: 451

Merit: 100

In one of our previous writeups, we've covered some notable highlights leading up to the US Presidential elections - with the elections being over, we're taking a look at potential future implications on the crypto space. 🇺🇸🌍

Recent pro-crypto stances has reignited enthusiasm in the market, driving the price of Bitcoin to new highs and signaling a new era for the blockchain space. 🌐 As the industry is shifting towards a more favorable regulatory environment, it is a good time to take a look at potential implications of this political shift. ✅

We've covered some of these in our latest writeup: https://www.oax.org/2024/11/20/Implications-of-Trump's-Election-Win-on-the-Crypto-Industry.html

As 2024 is drawing closer to an end, how do you think recent changes will impact the digital assets space for the new year?

AsiaNexgen

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Activity: 451

Merit: 100

We attended many events during Blocktober last month and one of the popular topics that was discussed was the growth of GameFi and traction in the Web3 Gaming space. 🎮

While the topic is not new, there has been many updates in the space - and needless to say, things do seem pretty exciting, albeit with challenges like driving on-chain user adoption to match current conventional games.

Here's a deep dive into the current state of Web3 gaming ➡️ https://www.oax.org/2024/11/11/Traction-in-the-Gaming-Crypto-Ecosystem.html

What are your thoughts on the GameFi ecosystem? 😉

AsiaNexgen

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Activity: 451

Merit: 100

The month of Blocktober has certain flew by and it's been nothing short of amazing, as expected! 🎉

The team managed to attend quite a few prominent events, such as GameOn, Solana HackerHouse, FinTech Week, the Cyberport Venture Capital Forum and more. 🙂

One of the highlights of the month was definitely Hong Kong Fintech Week, which was a pivotal gathering of financial institutions, innovative projects and enthusiasts in the bustling city of #HongKong. A lot of discussions were made on the future of Web3, AI and the convergence of both TradFi and DeFi. 🌐

While Blocktober might be over, we believe ecosystem growth is an ongoing journey. In Hong Kong, sentiments seem positive with the government's proactive stance, community engagement and attraction of international BUIDLers, putting the city in a positive spot in becoming a hub for fintech and digital assets. 🌏

For the full deep-dive into Blocktober, read our latest Community Updates: https://www.oax.org/2024/10/31/October-2024-Community-Updates.html

AsiaNexgen

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Activity: 451

Merit: 100

Hi community members,

We would like to remind everyone that we are currently not running or involved with any sort of airdrop or similar campaigns. 🚫

Do note that these fraudulent airdrops are promoted on a variety of external platforms. ⚠️

Please practice extra caution and check in with us to verify if you spot anything suspicious. If something sounds too good to be true - it probably is!

AsiaNexgen

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Activity: 451

Merit: 100

It's currently the exciting month of Blocktober in Hong Kong! Recent weeks has brought quite a number of updates and challenges to the crypto, web3 and fintech space in the city.

While the global digital assets landscapes continues to evolve, local initiatives and regional influences are shaping the future of Web3 and crypto in the financial hub. 🌐

Taking into account the initial effects of China economic stimulus, ongoing developments with HK's CBDC pilot, eHKD, and general regulatory progress - read our latest writeup for a deeper picture of what’s been going on in the Hong Kong digital assets space ➡️ https://www.oax.org/2024/10/10/The-Growing-Web3-and-Fintech-Landscape-in-Hong-Kong.html

AsiaNexgen

full member

Activity: 451

Merit: 100

Hi community members,
The month of September brings significant updates in the digital assets space, such as:

➡️ The Fed’s rate cut by half a point, causing the S&P 500 and Dow to surge, with tech shares gaining optimism.
➡️ China’s aggressive stimulus measures also moving and injecting liquidity into the stock markets.
➡️ Positive movements in the Bitcoin ETF market, showcasing net inflows of $494.4million last week.

On OAX’s end, our joint community activity with Notifs App gained over 400 questions - thank you all for the support and congratulations to the winners! 🙂

We’d like to also continue to remind the community on staying safe in the space due to an increase in scams of late. Please DYOR and practice utmost caution. 🚫

For a full recap, read our Sept Community Updates: https://www.oax.org/2024/09/30/September-2024-Community-Updates.html

AsiaNexgen

full member

Activity: 451

Merit: 100

The stablecoins and payments space has been heating up! 🔥

In recent months, there's been a rise in discussions about the stablecoin ecosystem - from regulators, to #fintech leaders and government entities exploring the issuance of their own digital currencies. 💹

Throughout the years, stablecoins have solidified their crucial position in the #digitalassets ecosystem. 🌐 In our latest writeup, we'll be taking a look at some historical points, identify key leaders in the market and dissect opportunities and challenges for the growing space.

Link to post ➡️ https://www.oax.org/2024/09/24/The-Rise-of-Stablecoins-and-Payments.html

What do you think of the growing Stablecoins space? Will Stablecoins manage to become a mainstream method of payment, or will regulatory and adoption challenges hinder its progress?

AsiaNexgen

full member

Activity: 451

Merit: 100

Hi community members, Happy Friday!

We recently posted an introductory piece to the Atomicals Protocol on our social media and a lot of you seemed really interested! 🙂

We've put together a simple 101 writeup on Atomicals Protocol - a handy piece for those who want to understand the ARC-20 token standard more. 🌐

Link to post ➡️ https://www.oax.org/2024/09/13/An-Overview-of-the-Atomicals-Protocol.html

AsiaNexgen

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Activity: 451

Merit: 100

It’s been awhile since our last recap of regulations in the digital assets space, and we try to summarize recent highlights across the globe from time to time so our community will get some useful and condensed information. 🌏

Needless to say, 2024 has seen the global landscape of crypto regulations undergo some significant changes. This year has also seen some high profile events like CZ of Binance’s sentencing, controversial views from former US president Donald Trump and ongoing issue of scams in the space. 🚨

In our latest writeup, we take a look at some key regulatory updates across the globe, including Hong Kong, where OAX is based ➡️ https://www.oax.org/2024/08/19/Digital-Assets-Regulations-Across-the-Globe-in-2024.html

Stay tuned for more insights coming your way - remember to follow us across all our social and community channels!

AsiaNexgen

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Activity: 451

Merit: 100

If you've been following recent updates in the digital assets space, former U.S. President Donald Trump's recent appearance and speech at the Bitcoin 2024 Conference has garnered mixed reactions in the cryptocurrency community. 🌏

His statements seem to be positive towards the #crypto space in general, however, some stakeholders within the community seem to be cautiously optimistic about his approach and the implications towards the industry.

In our latest writeup, we've summarised some of the factual events & key takeaways leading up to - and coming out of the conference. Link to read ➡️ https://www.oax.org/2024/08/12/Mixed-Reactions-from-the-Crypto-Community-on-Trump's-Pro-Crypto-Rhetoric.html

With macro events also playing a role in the #digitalassets landscape, what are your thoughts on Trump's recent comments and its broader impact on the ecosystem? 🌐

AsiaNexgen

full member

Activity: 451

Merit: 100

Hey community members,

Wow, what a month it's been! There's been the exciting start of the Olympics with enthusiastic supporters watching across the globe, while we're also seeing great progress in the crypto space. Finally, there's the launch of Spot Ethereum ETFs across 6 major funds, including Invesco and VanEck, with the total market trade volume already hitting a staggering $1 billion. 🥳📈

It's also been a busy month for us at OAX, having attended the Business Go-Virtual event in Hong Kong, diving in on the RWA and DeFi space as a part of our monthly writeups for the community. 🙂

For the full rundown, check out our July community updates: https://www.oax.org/2024/07/31/July-2024-Community-Updates.html

Watch this space for some potentially exciting stuff coming your way! 😉

AsiaNexgen

full member

Activity: 451

Merit: 100

It's been awhile since we took a deep dive into the DeFi space, so we're shining the spotlight on DeFi's latest highlights and updates in our latest writeup. ✅

DeFi in itself has definitely evolved from its early days - starting from a niche landscape in the digital assets ecosystem, growing into the powerhouse that it is today.

We're seeing innovative trends rise up to massively boost adoption of the technology - such as liquid staking protocols, native yield generation, restaking and tokenization of real-world assets (which we've recently covered too!). 📈

Read our full writeup here: https://oax.org/2024/07/21/Analysing-the-DeFi-Ecosystem-in-2024.html

Are you excited about the future of DeFi? 🌐

AsiaNexgen

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Activity: 451

Merit: 100

We've recently released Part One of our two-part series on Real World Assets and today we're diving right into Part Two. ✅ In our second piece on the #RWA space, we'll be doing a deep dive on the mechanics of RWAs, different key players in the growing ecosystem and analysing the impact of this trend on the blockchain space. 🌏

We also see growing interest from institutions - for example, Blackrock has collaborated with Securitize to create the BlackRock USD Institutional Digital Liquidity Fund. 🪙 In Hong Kong, banking institutions like #HSBC has showcased a positive move on embracing RWA tech by introducing tokenization of #gold for its customers via their digital asset platform, Orion.

Link to full article ➡️ https://www.oax.org/2024/07/10/Part-Two-of-A-Look-at-Real-World-Assets.html

What are your thoughts on the future of Real World Assets? Share with us below! ⬇️

AsiaNexgen

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✨ Highlighting the growth of the RWA (Real World Assets) space ✨

We've certainly noticed the resurgence of interest and growth in the Real World Assets space within the #DeFi and #blockchain sector. Backed by growth from 2 billion to 6 billion over the past few years, the RWA sector has displayed massive potential for disruption in the ecosystem. 🌏

What are Real World Assets? 🏦
RWAs typically mean assets that also exist and function outside of the digital realm - such as real estate, gold, commodities and government bonds. In the blockchain context, RWAs are digital tokens that are a representation of these assets. 💰

In Part One of our Two Part series on RWAs, we take a look at the industry as a whole - its concept, opportunities and challenges that potentially lie ahead for the space. 📈

Link to writeup ➡️ https://www.oax.org/2024/06/21/Part-One-of-A-Look-at-Real-World-Assets.html

What Real World Asset projects would you like to see us cover in Part 2? Let us know below! 😉⬇️

AsiaNexgen

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Activity: 451

Merit: 100

We’re continuing the conversion on SocialFi with the second part of our two-part series on the growing space... ✨🌐

In Part One, we deep dived into an introduction of sorts to SocialFi, introducing the concept as a whole and exploring the rapid rise of this interest merge of SocialMedia and decentralized finance. ☑️

Now in Part Two of our series, we’re taking a look at opportunities, challenges and growth potential in the SocialFi space, including a quick look at some SocialFi projects making moves in the ecosystem. 😉

Link to our latest piece ➡️ https://www.oax.org/2024/06/12/Part-Two-of-Shining-the-Spotlight-on-SocialFi.html

Are there any interesting sectors in the #blockchain space that you’d like us to cover next? Leave us a comment! ⬇️

AsiaNexgen

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Activity: 451

Merit: 100

We're now at the end of May - another month with lots of developments in the crypto space! 🔥 Time sure does fly.

May has been a month of recover for the #digitalassets market, with Bitcoin and Ethereum breaking key resistance levels. 📈

An exciting update for the ecosystem is definitely the approval of spot Ethereum exchange traded funds (ETFs) in the US. 🎉 We're keeping a close eye on developments in this space - and for those of you interested in following performances of Spot Crypto ETFs, check out @Notifs_app Gazer feature. 👀

Things were also exciting in Hong Kong as we attended the 2024 AWS Summit Hong Kong - the conference focused on discussions around AI and Web3 with quite a few interesting sessions. 🇭🇰 It was great to hear from other projects and tune in to various developments in the space. 🌐

Read our May '24 Community Update ➡️ https://www.oax.org/2024/05/31/May-2024-Community-Updates.html

AsiaNexgen

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Activity: 451

Merit: 100

Today, we're taking a look at the SocialFi space. 👥

SocialFi is indeed an innovative concept, merging both the social media and finance space and has recently been taking the Web3 ecosystem by storm. In a nutshell, SocialFi enables various content creators to monetize their content and influence via smart contracts. With how social media has captured the masses' attention span, this definitely signifies amazing growth potential for this space. 🙂

Read part one of our two-part series: https://www.oax.org/2024/05/21/Part-One-of-Shining-the-Spotlight-on-SocialFi.html

Recently, projects like FriendTech v2 and FantasyTop have been gaining a lot of attention and traction, and OAX Foundation will continue to closely monitor this growing sector within the digital assets ecosystem. 🌏 Visit the link above for an in-depth overview.

Watch this space for more. 🌐

Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges (Read 135374 times)