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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 120. (Read 135479 times)

sr. member
Activity: 840
Merit: 266
openANX marketing team is too busy on event in Shenzhen.)
New partners on board as result! https://www.openanx.org/en/



really great progress . projects with less talk more actions is most likely end in success . well done Smiley
full member
Activity: 179
Merit: 100
Play2Live presale starts on 25th January
I'm still trying to fully understand the openANX model.  

As I understand it, you are improving on the Decentralized Exchange model by adding features to enhance liquidity as well as adding a DAO Governance model. To enhance liquidity, you are proposing to bridge the Centralized Exchanges and their liquidity to the openANX exchange. Why would the centralized exchanges want to bridge their liquidity to a DEX and essentially erode their own userbase & business model?  What incentive do they have to send liquidity to your DEX?

It looks like you really want to target credit markets (ie:/ Credit Default Swaps; Collateralized Debt Obligations), as well as OTC markets. You plan on bridging the fiat & crypto markets with a focus on serving the credit/debt markets on a large scale. Is this correct? What do you see as the potential $$$ market (trade volumes) for these types of asset classes?

So your governance model and smart contracts will assess the credit worthiness of companies and institutions that want to trade assets through openANX (like Credit Default Swaps; CDO's; Bonds). So you'll also be acting like an S&P or Moody's Rating agency on these collateralized companies/mkt participants at the same time. Correct?

So openANX is proposing to mitigate counterparty risks with their collateralized smart contracts. If so, how much collateral are mkt participants required to allocate to the smart contracts?

Regarding the tokens. Their functionality provides membership & voting privileges (Access & Voting rights). In other words, all openANX market participants are required to obtain ANX tokens to transact on the exchange. Correct? The more tokens purchased the more rights and privileges a participant has on the openANX system. Correct?  

Do the tokens have any other functionality (ie. Fees; profit share)?

Any clarification on these topics would be greatly appreciated. Thanks!


+1 good questions, looking forward to answers.
hero member
Activity: 1022
Merit: 725
reserved french translation
Learn French before, we are tired with your bad google translation.
sr. member
Activity: 826
Merit: 303
openANX marketing team is too busy on event in Shenzhen.)
New partners on board as result! https://www.openanx.org/en/



it's good for progress openANX with marketing team and new partner
good luck  Wink
sr. member
Activity: 560
Merit: 256
Market Integration Platform
openANX marketing team is too busy on event in Shenzhen.)
New partners on board as result! https://www.openanx.org/en/


sr. member
Activity: 686
Merit: 250
this project have a good plan
if i can join bounty i will join
sr. member
Activity: 560
Merit: 256
Market Integration Platform
where i can see statistic openAx in ico selling
and how i can join in ico selling

The OAX Token sale will launch on June 22nd.
To keep up-to-date on developments and announcements as they happen, please join mailing list here:
https://www.openanx.org/en/

For any queries please email:
[email protected]
hero member
Activity: 703
Merit: 500
I wait bounty of the Twitter company.

The Twitter Campaign has been effective and it seems that you didn't see it:
soruce: https://bitcointalksearch.org/topic/active-bountyann-oax-real-world-application-of-decentralized-exchanges-1947373
Twitter Campaign - 20000 OAX

Follow us on twitter @OAX_Foundation and receive stakes based on how many weeks you participate.

200-1000 Followers – 2.5 stakes/week
1000- 10,000 Followers – 7.5 stakes/week
10,000+ Followers – 25 stakes/week

*Caps at 700 participants!*
We will only accept applicants with 10,000+ followers after this cap, which will end at 750 total applicants.
Please email [email protected] if you fall in this category and would like to participate.

Rules:
-   The twitter account must have a minimum of 200 followers
-   You must retweet no less that 70% of openANX’s official tweets (starting from the time you join)
-   If any fake, dead or bot accounts are found, we will remove you from the program
-   Bounty general terms and conditions apply

How to join:
-   Follow us here: twitter @OAX_Foundation
-   Fill out this form: Cap reached! Thanks guys!
-   Spreadsheet available here: https://docs.google.com/spreadsheets/d/13EcSM8qKVpiUxneoe-jAPw-HSB0WOzliPcPR4PPZTAU/edit
sr. member
Activity: 476
Merit: 250
I wait bounty of the Twitter company.
sr. member
Activity: 504
Merit: 260
where i can see statistic openAx in ico selling
and how i can join in ico selling
member
Activity: 118
Merit: 100
nice project, i was join twiiter campaign and i am still waiting update for it  Smiley
member
Activity: 103
Merit: 10
I'm still trying to fully understand the openANX model.  

As I understand it, you are improving on the Decentralized Exchange model by adding features to enhance liquidity as well as adding a DAO Governance model. To enhance liquidity, you are proposing to bridge the Centralized Exchanges and their liquidity to the openANX exchange. Why would the centralized exchanges want to bridge their liquidity to a DEX and essentially erode their own userbase & business model?  What incentive do they have to send liquidity to your DEX?

It looks like you really want to target credit markets (ie:/ Credit Default Swaps; Collateralized Debt Obligations), as well as OTC markets. You plan on bridging the fiat & crypto markets with a focus on serving the credit/debt markets on a large scale. Is this correct? What do you see as the potential $$$ market (trade volumes) for these types of asset classes?

So your governance model and smart contracts will assess the credit worthiness of companies and institutions that want to trade assets through openANX (like Credit Default Swaps; CDO's; Bonds). So you'll also be acting like an S&P or Moody's Rating agency on these collateralized companies/mkt participants at the same time. Correct?

So openANX is proposing to mitigate counterparty risks with their collateralized smart contracts. If so, how much collateral are mkt participants required to allocate to the smart contracts?

Regarding the tokens. Their functionality provides membership & voting privileges (Access & Voting rights). In other words, all openANX market participants are required to obtain ANX tokens to transact on the exchange. Correct? The more tokens purchased the more rights and privileges a participant has on the openANX system. Correct?  

Do the tokens have any other functionality (ie. Fees; profit share)?

Any clarification on these topics would be greatly appreciated. Thanks!
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet

It seems to be a promising project with a powerful team. I think it will be successful in East Asia.
hero member
Activity: 770
Merit: 500
I still haven't recieved confirmation as to whether ive been accepted into the sig campaign, Is this done every few days?

Hi Godda04, this is Liam, I'm the Head of Marketing, amongst other hats. You are in, I can confirm.




An interesting program! Two question for the crowdsale:
1) Is there any early-bird bonus?
2) When the OAX coins can be traded and if there is any exchange platform for this coin?

Hey gomei, there is no early bird, at this stage it is just bird.....Tokens may be hard to get

The coins will list 1 week after the token sale closes, if it runs the full month, that would be 21st July. They will therefore list around 29 of July on the first exchanges.

Hope this helps.

Thanks a lot! I will buy some tokens if I can though there is no early-bird bonous.
hero member
Activity: 700
Merit: 500
very good project. I would love to participate in the signature. I was able to join the campaign on Twitter. Gain a good 700 exhibitors.  Grin
sr. member
Activity: 546
Merit: 258
I could either watch it happen or be a part of it
Already reserved the Filipino translation, whitepaper and local an management position. Thank you so much Dev.
sr. member
Activity: 938
Merit: 251
I still haven't recieved confirmation as to whether ive been accepted into the sig campaign, Is this done every few days?

Hi Godda04, this is Liam, I'm the Head of Marketing, amongst other hats. You are in, I can confirm.

To add to this point:

All bounty participants, you can view your acceptance by viewing the spreadsheet of each campaign.
Signature campaign is being updated regularly
Twitter has reached the cap and all participants are accepted.
Blog and media is still under review
Most translation positions have been filled
Community management is still open for applications.
Hello, can I change my Info for Signature Campaign
I didn't put my myetherwallet address on it

sr. member
Activity: 518
Merit: 250
LIVECASINO
I still haven't recieved confirmation as to whether ive been accepted into the sig campaign, Is this done every few days?

Hi Godda04, this is Liam, I'm the Head of Marketing, amongst other hats. You are in, I can confirm.

To add to this point:

All bounty participants, you can view your acceptance by viewing the spreadsheet of each campaign.
Signature campaign is being updated regularly
Twitter has reached the cap and all participants are accepted.
Blog and media is still under review
Most translation positions have been filled
Community management is still open for applications.

Your team member 'Jehan Chu' looks like 'Jihan Wu'.
Are they brothers ? Or something like that.


Hi DaMut, thanks for the note. No, Jihan Wu (Bitmain) and Jehan Pei-Chung Chu are not brothers. You can check out Jehan here

https://www.linkedin.com/in/jehan-chu-637101/?ppe=1
i like u style when answers all question ,,,, keep work and goodluck Grin Grin Grin Grin
member
Activity: 115
Merit: 10
I still haven't recieved confirmation as to whether ive been accepted into the sig campaign, Is this done every few days?

Hi Godda04, this is Liam, I'm the Head of Marketing, amongst other hats. You are in, I can confirm.

To add to this point:

All bounty participants, you can view your acceptance by viewing the spreadsheet of each campaign.
Signature campaign is being updated regularly
Twitter has reached the cap and all participants are accepted.
Blog and media is still under review
Most translation positions have been filled
Community management is still open for applications.

Your team member 'Jehan Chu' looks like 'Jihan Wu'.
Are they brothers ? Or something like that.


Hi DaMut, thanks for the note. No, Jihan Wu (Bitmain) and Jehan Pei-Chung Chu are not brothers. You can check out Jehan here

https://www.linkedin.com/in/jehan-chu-637101/?ppe=1
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