Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 112. (Read 135479 times)

lpbatoax on Slack:


Hi Guys! Just FYI, we are doing 5 cities in 5 days!

We did an event in Chengdu last week,

this week (tomorrow) we are in Seoul, South Korea,  Shanghai, China,  Hong Kong SAR

and Wednesday we are in Singapore!

Drop us a line if you'd like to attend any of these events


Register to the openANX Korea Meetup:
https://www.eventbrite.hk/e/openanx-korea-meetup-decentralization-and-the-future-of-cryptocurrency-exchanges-tickets-35452463272


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Thanks, khufuking!

Really interesting question. I guess nobody knows the answer to the moment. There is almost a whole year ahead, or possibly a little less if the project will develop quicker then planed. I'll pass your question to the team and will post the answer here when there will be a clear statement on this theme. 

Some quotes from the Slack about possible advantages of participating in the 1st round:

- "... The advantage of this (first) round is the price of the token. As demand rises so will the price of the coin."

- "... But there's no reason that price will be 0.75 in the second sale. 0.75 cents is the price now. I can't predict the future, but the price on the second sale will be determined by the market. Once ppl and companies start buying memberships the total number of tokens will reduce, introducing deflationary pressure."

- "... The advantage would be that we think more ppl will get engaged once they start to see us close on the prototype delivery. We don't intend to stop working after the first Token sale."

- "...  Second, unlike a lot of Token Sales out there, our major backer is a company that has run an exchange for 4 years in Asia and has a lot of experience in compliance, maintaining banking relationships and maintaining liquidity on the platform. We aren't four guys in dad's garage. We have one of the largest and most experienced Blockchain development teams in the world.  I understand what you're asking, but from a risk/reward stand point, we are a serious bunch of guys who are committed to building the best product we can, most of the team have been in the space a long time and we aren't four guys with..." 

But remember - don't invest more than you can afford to lose.


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I am really think this ICO will do great with ANN thread update always and slack channel have active admins that always answer every question .

I have a question to ask . There will be another sale after the release of a successful prototype . How this sale will get handled ? it will be a wall on

an exchange ? or will be sold directly ?

OpenANX Offers New Ethereum Blockchain App Decentralizes Exchange & Trading

https://www.crowdfundinsider.com/2017/06/102257-openanx-offers-new-ethereum-blockchain-app-decentralizes-exchange-trading/

Thanks, TheCrimsonFucker!
Personaly I have a feeling that this will be a wonderful Token Sale. Can say nothing about duration.
You could ask the team on the Slack about their presentiment. Several OAX representatives are answering questions all time long there.
Your (as for any other) checkpoint is Saturday, 23.59 (11.59 PM) HKT (https://www.timeanddate.com/worldclock/hong-kong/hong-kong)
New week starts from Sunday.

Ico is just missing 3 days or less! What's the expectation for the duration of ICO?? Is ICO likely to end up in a few hours? The project is very good and in several places I can notice it! I joined the signature campaign on 06-15! Day 22 is my checkpoint? Or is there a day of the week you are offering for this?

Wonderful video about openANX by okinawa!

Watch the video:
www.youtube.com/watch?v=WSscgH5zwwA

Thanks, ImGenius! The OAX team is trying to be as open as possible.
Several representatives of the company are answering questions on the Slack and Telegram all day long.

Also, don't miss the AMA:

AMA with OpenANX in ARK Slack Wednesday, 21th of June at 8 am PT (11 am EST).
Join ARK slack to participate and ask OpenANX developers questions: https://ark.io/slack/


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3 Days left to the Start of the Token Sale

Ask Me Anything
AMA with OpenANX in ARK Slack Wednesday, 21th of June at 8 am PT (11 am EST).
Join ARK slack to participate and ask OpenANX developers questions: https://ark.io/slack/


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OpenANX Offers New Ethereum Blockchain App Decentralizes Exchange & Trading

https://www.crowdfundinsider.com/2017/06/102257-openanx-offers-new-ethereum-blockchain-app-decentralizes-exchange-trading/

5 DAYS 5 CITIES!

This week is all about getting the word out and talking to the community. As part of that, we are doing 5 events in 5 days in 5 cities!

Last week we were in Chengdu with Chandler Guo for the Blockchain Conference

Tomorrow 20 June we are in Seoul and Shanghai!

Then Hong Kong in the evening at the HK Ethereum Meetup!

Wednesday 21 June we are in Singapore!

For details on any of these events, go to our slack channel

https://join.slack.com/openanx/shared_invite/MTk4Njg1NDkzMzc5LTE0OTc1OTY4NzMtOGE0MDExNjRlNQ

Or Telegram!

https://t.me/joinchat/AAAAAAxmv0ZxHPaeEUInxw

As well as getting the word out, we've kicked off a bug bounty to check our code, check it out on Medium

https://medium.com/@OAX_Foundation

It's all systems go over here making sure everything is ready for the 22 June!

HI RZ20, THANKS for the answer! That's correct, the sale will last until all 30,000,000 tokens are sold.

I might be wrong but i think the token sale will last until all 30,000,000 tokens are sold to backers.

the ico starts on june 22, right. now i wonder if when it will end? is this time cap? or closure will be based on the certain number of tokens must be sold no matter how ealy or how long it will?

im so glad seeing so many videos that allows member to watch that is so relevant to the project ans explains well the project, it is not all ico can dare to do this particularly in letting the members see their faces, hear there voice, etc.

What's unique about openANX?

Hugh Madden, Project CTO discusses how openANX is unique and where he sees the project making a difference

Watch the video:
https://www.youtube.com/watch?v=DSfKuEYshTc&t=1s

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3.5 The openANX User Journey

White Paper, Page 14:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

Check the full "Project Deck" on the site:
https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf


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Thank you for the interest to the OAX platform and for the really important question, yosir!

I passed the question to the team, and you'll be the first to know the answer.