Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 18. (Read 135622 times)

Sell immediately.  You will find the current level of 0.15 USD a very good selling price when you look back after 3 months.

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If you buy OAX , you money is really decentralized from you

I agree with you that consumers will be the last to find out the news, but it’s about waiting for the launch of a full-fledged exchange and the news doesn’t have such an effect on the price of the token. And I hope that with the launch of the exchange, the token will find its price.

Sell immediately before it drops to zero.

OAX sees heavy selling pressure and falls 40% in a few days after the release of the above article.

Interesting.

What an exact match of the timing.

Don't you think that it is a trap?

Could HOT, XLM And OAX Ever Outperform Bitcoin?
The digital currencies, HOT, XLM, and OAX are three coins which are worth looking into if you’re looking for the coins with the best chance to outperform Bitcoin in this fourth quarter of the year.

https://cryptodaily.co.uk/2018/11/Could-HOT-XLM-and-OAX-Ever-Outperform-Bitcoin

bullish? falls 40% in just a couple of days.  

Don't be fooled. I notice that there is always a drop in price when the company released the so-called good news.

Last month the company is relatively silent, and the price surge.

Strange?

As I told all of you, don't be fooled !

Every good news released has its intention.

Development Update — Nov 2018

We’ve been talking a lot recently about the promotion work we’ve been doing to get the OAX project better known and to drive the debate about the future of the industry. Behind the scenes we’ve been just as busy, working hard to complete the next phase of the project. As we’re fast approaching the end of the year, it’s about time we gave you all an update on this activity.

Since launching an 0x-based prototype in June, our developers over at Enuma have been extremely busy working on a layer two solution that uses off-chain state channels to address the performance issues of the Ethereum blockchain. As you’ll know from previous posts, this is one of the main things that’s been holding back widespread adoption of decentralized exchanges (DEX) for cryptocurrency trading and is something that many people have tried to address. We’ve made huge strides in that area recently and hope to be able to announce some big news very soon.

This will continue to be our major focus over the next few months or so, part of our plan to deliver a working, standalone DEX platform in 2019. We’ll then be able to move onto the beta testing phase, well on track to go live in the latter part of 2019.

Coming up with a scalable DEX isn’t easy. The blockchain community have been working on the scaling issue for years, several projects have made progress but it’s too early to say whether those developments will work or not. At OAX Foundation, we’ve been working on something that we believe will push the bar.

As Amanda, our General Manager, pointed out recently, the current economic environment is tough for many projects and this situation looks set to continue into 2019. OAX Foundation, however, is in a healthy state thanks to careful management of the funds raised from our token sale. In summary, we are in a strong position to deliver a DEX that has an off-chain order book, off-chain order execution and no custody of user assets, meeting the needs of the crypto community.

The full article on Medium: https://medium.com/@OAX_Foundation/development-update-nov-2018-b5d5eb7d2980

The official site: https://www.oax.org/en/

The rebound is over. Will see new low soon.

Don't forget that there will be 5,000,000 additionl tokens poured into the market in January 2019 due to air drop.

OAX is on bullish trend soon or later it will explode , better to buy cheap right now and make nice profit later! project is very interesting.OAX is the lower cap project on binance

mate. it doesn't mean if a token has low supply it's price will be guaranteed high.. this is all depend on marketcap and demand. it's price is low because there is not a lot of people trading it and buying it. means the demand is low. when the demand increase the price will increase as well. it's simple.

2019 will be critically important for us with the go-live of the full platform, so we’re fully focused on keeping up the momentum both on the project and our promotional activities.
https://medium.com/@OAX_Foundation/demonstrating-our-commitment-to-debate-5c7d06b7786a

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Well I want to believe that the price of the token is returned to its exchange rate at 7-8 k. sat or it is temporary but not exactly and only the game, then we will wait for the release of the exchange..

This is not a pump and dump project you should follow the activity of the team than you will discover how big this could be in coming days. Low supply is plus point for this project and in future it will get more high value.

This year, the entire crypto market is still in stagnation. OAX is also not an exception to calculate interest. Airdrop has not yet been justified, but there is still time for developers to determine the exact date for launching a full-fledged stock exchange, then I think it’s interesting. But today there is a slight revival of binance for example.

OAX's transaction volume is very low, why ?
The supply is low (25,009,250 ), price is low ($0.256072), why can't it pump up ? so confused...!

Focusing on real challenges of present to make the technology adoptable is real deal. I have read this article and do agree with OAX team that priority for blockchain based projects should be to open doors for widely adoption to have basic structure to work on future challenges. This is realistic approach taking all the ground realities in consideration. Unseen challenges is a thing of future but first to make it usable.

Building for the future.
.....The project itself needs to address a real market need and should make a noticeable, positive impact to the industry. Many technology projects seem to be trying to solve a problem that doesn’t yet exist, and which perhaps never will. At OAX Foundation, we’re focused on solving the speed and liquidity challenges that are holding back widespread adoption of decentralized exchanges.....
https://medium.com/@OAX_Foundation/building-for-the-future-c7c8835c040a

An Evening Lecture on Blockchain and Decentralized Exchanges

This evening, Kelvin Wong — our head of branding and communications — went to City University of Hong Kong to help teach a blockchain course hosted by the ANX Academy. Regular readers will know this is not the first time we’ve done something like this — in fact, our team members regularly present on topics related to digital asset trading. It’s all a part of our mission to help bring transparency and greater understanding to the industry.

At today’s course, Kelvin introduced the decentralized exchange concept to about 150 students, describing the benefits it brings to the crypto market as well as the challenges facing its mass adoption. As you’ll be aware by now, decentralization means users have greater control over their own assets and the risk of hacking is greatly reduced compared to a centralized environment. But speed and volume remain issues that make performance levels a concern (and which aren’t problems faced by centralized exchanges).

That’s where the OAX platform comes in, of course — and the second half of Kelvin’s presentation gave an overview of the project, its aims and objectives. Through the use of innovative technologies we aim to combine the best features of centralized and decentralized exchanges, solving the challenges of both and bringing decentralization into the mainstream.

As the project progresses we feel it’s more important than ever to get our message out there — educating the public about how decentralization will shape the future of the financial services industry, and the important role we believe the OAX project will play in doing that. The interest and enthusiasm shown by Kelvin’s audience tonight makes us feel very confident about both!

The full article on Medium: https://medium.com/@OAX_Foundation/an-evening-lecture-on-blockchain-and-decentralized-exchanges-a0f44107ef19
The official site: https://www.oax.org/en/

OAX Foundation Takes Centre Stage

Professor Syren Johnstone, from the Department of Law at the University of Hong Kong and the Asian Institute of International Financial Law, is one of the leading experts in the legal and regulatory field in Hong Kong. He’s published a detailed paper on cryptocurrency regulations supported by OAX Foundation.

You can find a copy of Professor Johnstone’s paper (Regulating Cryptographic Consensus Technology: Oxymoron Or Necessity?) here - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3264556

More -  https://medium.com/@OAX_Foundation/oax-foundation-takes-centre-stage-7e47487493b5

The New York Attorney General’s report on crypto trading: a decentralized response

By Wayland Chan, Director, Technology, OAX Foundation

https://medium.com/@OAX_Foundation/the-new-york-attorney-generals-report-on-crypto-trading-a-decentralized-response-9f12c1c418fa?fbclid=IwAR0s00zP1oXurdsbLXbvJJ3ucCQV6jLjqe1DHYQXLyaknOddkZUzY0O3pgo

It is too early to say that this is a poor token after the launch of the exchange will be clear on the token and will be the real price.