Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 101. (Read 135283 times)

Great just a few days reached 45000 ETH
I think this ico will be success
Good job Team openANX

Thanks for the answers! Sorry for being so loud haha

very interesting the lumens thing I've never looked into it really as I stick to the projects I know, it's too hard to REALLY inspect the 100s of new projects this year.

I actually currently hold the most of my coins in MGO but I might have to trade for some BTC tomorrow...

I usually hate air drops but hey, I wanted to hodl some btc again anyway. I've been having so much fun with the ICO's that I've neglected hodling eth/btc.

People always bitch about phantom losses when they trade and a coin goes higher, but if you pick the right ICOs and capitalize on discounts, shifts in prices etc, you can make the same or more if you had just hodl'd the btc/eth.

Oh, and OBVIOUSLY you don't wanna invest more than you can lose...I try to tell people this daily here that you could EAT with the money you might lose if you're stupid in cryptos!!!

the interface has been stuck at that number for a while, pretty sure more people have invested but maybe not. doubt it's still only 9 mil when it was that HOURS ago.


Does this not mean that we don't own the platform at all so if they ever made money on the name etc we wouldn't be entitled to any of it?

I've seen this semi-disclaimer in at least 3 other ICOs and all of those have made plenty of gains regardless of people thinking the tokens had inherent value. plus, only time and development REALLY show if a token has any true-value.

Many, many tokens are sold with simple blockchain tech behind them and over a year or 2 the platform actually develops what it says it will, and those tokens skyrocket.

Then there's MAIDSAFE...

I think MAID WILL one day go up but its seeming more and more like they're gonna struggle to do what they wanted and another project is gonna come up faster with the same goals.

they will sure do that man. and the ico is already successful, they have reached the soft cap few hours after the ico opened. and now they are only 9M away for the max cap..

here's an update:

TOTAL TOKENS SOLD 21,681,382.10 OAX

$ 16,261,036.58 USD
45,294.10 ETH

very good project for the Asian continent. hopefully they will be successful.too much and the project team on quality. successful ico. garnered a very good investment. I hope you will contribute to the development.

yes.i also think it is a nice program.so i join the signature and invest to support it.

Try to contact the team and get invited, the invitation link doesn't work for some reason.

slack invitation link anyone?

Does anyone know if the OAX token is necessary for the Openanx network to function? Like you need Ether/gas to do stuff on the Ethereum network.

45000 ETH within two days.
That is an amazing number.
Maybe soon all coins will be sold
Congratulations for your success.
And the bounty hunter will soon enjoy the results

Agreed, what a joke. I almost invested until I realized these tokens have next to no value.

It's very interesting and a good project . It took a very good investment quickly .

Most valuable information that I found there is:
Members  are  not entitled  to  any  economic  rights  of  the  Foundation  at  any  time and  Memberships  do not entitle the holder to any distribution of profits nor any claim on any assets.

Everything else is just a bla-bla-bla, voting  privileges, bla-bla-bla, voting  privileges.
Who need these voting privileges on YOUR platform for such of money? People need profit, but you sell them pure air

One more awesome video about openANX by okinawa!

Watch the video:
https://www.youtube.com/watch?v=ypu-AWWbbm4


REMINDER

THE ETH CONTRIBUTION ADDRESS WILL NEVER BE PUBLISHED OR SENT VIA EMAIL, SOCIAL MEDIA OR
ANY INSTANT MESSAGING APPLICATIONS OR GROUPS. THE ETH CONTRIBUTION ADDRESS IS PROVIDED
ONLY ON WWW.OPENANX.ORG


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM

Thank you for such a loud questions, Zechis966!

1. First they ignore you, then they laugh at you, then they fight you, then you win.  

Here is the answer from the openANX representative:

"... Second, We aim to build a consortium of exchanges and we've had initial discussions with a number of them. From the outset, it will probably be tier 2 (regional exchanges) and other decentralized exchanges that join first as they stand to benefit the most initially. Centralized exchanges will want to support a gateway to hedge their risk: decentralized matching is clearly the future.Small exchanges get to utilize a top notch matching engine (rather than attempting to build their own,  and they get access our initial liquidity, or exchanges that don't do a full range of tokens can add those to their existing clients.

It's then that aggregation becomes exponential. Once we have 4-5 exchanges then we become attractive for other reasons. Credit provides consumer protection, and our liquidity now looks attractive to even larger exchanges who can use it only in instances when their own order book can't provide the trade volume they need. So, initially we believe big exchanges will use us to fill gaps in their own books, maybe only running 5-10% of their own business through us. Over time, they will see that if they provide better service in terms of customer service and banking expertise, being part of a bigger ecosystem works because they have access to a larger group of potential clients..."

https://bitcointalksearch.org/topic/m.19504045

2. From tlynch on Slack: "once we reach the soft cap, openANX can end the token sale at our discretion"
Total suply - 100M OAX. There should be one more Token Sale (30M) when the Prototype will be released somewhere in Q2 2018.

3. There is the Pizza Gateway behind the scenes.

4. You are welcome! But don't invest more than you can afford to lose.
If you're keeping your savings in BTC, possibly would be better to wait until June 27th, claim you Lumens and only then invest to OAX.
Possibly OAX will be still available.

https://www.stellar.org/blog/bitcoin-claim-lumens-2/

5. Yes, there was a very successful Pre-Token-Sale. The price was the same.

More than $16M is pretty impressive figures already invested into this project during 1st hours after the launch of this ICO. Now planning to invest more into this because it has great concept and this has good direction to deliver this on fast track at the moment less than 9 million tokens left for sale.

I intend to join and have had my eye on this one for like 2 weeks now...

Question though, why would most exchanges list this if it would act as a disrupter to their gaining of fees through their own exchange being used? Or is it just the idea that they'll go where the money is.

Also, what does soft cap 13 mil OAX mean yet total supply 30 mil?

Lastly, that's not nearly enough pizza for all those people. Looks super fun congrats on the good amount raised so far!!!

I'll probably be joining tonight or at the VERY end




https://etherscan.io/address/0x2b3b67c6dffc2bcdda2315491eac9bbe868fbcdd


Overview
ETH Balance:   18,499.326444803027661978 Ether
ETH USD Value:   $6,034,110.30 (@ $326.18/ETH)

Does this mean about $10m was preinvestment? since it seems about $16m was raised so far?

Thanks for the questions, HashieNewb!

"how far the price of the coin will go up" - The team prefers not to speculate on this matter.
To my mind this will depend on 3 main factors:
1.The development process, how successful it will be. Personally I'm absolutely sure that the team behind the project
will do their best to launch OAX paltform as soon as possible, Q2 2018 or even earlier.
2. The general situation on the market. If existent problems with centralized exchanges will grow, then the expectation
of successful entry of openANX into the market will favorably influence on the OAX exchange rate. Developers claim
and we can see this in the White Paper that it can solve a lot of bugs of current "cryptocurrencies-exchange OS".  
3. Regulatory questions.

"Will we be able to trade this coin in an exchange" - Yes
When? In 7-10 days after July 21st, the last day of the Token Sale.
Or even earlier if the Campaign will end sooner.


Thanks for the good predictions, mcfom!

Or to the Mars
https://www.youtube.com/watch?v=WSscgH5zwwA

Ah okay, thanks. I was looking forward to seeing it in an exchange someday. This coin does look like it has the hype around it where it seems that the price of it will go up right after they post updates on for the coin. I will try to store the coins as long as I can.

During ICO much hard to predict about the price of this token what it will be this will get listed on exchange. Market will decide this as I think investors would be happy after finish of this crowdsale. This coin has great team behind this so easily it would go to the moon.