Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 39. (Read 135389 times)

That makes sense. It is time to buy it back.

Thanks for the support Jf!

Merry Christmas too!

Now with the etherdelta hack it's OAX turn and gain Huge support not only with development but with trading price.  

Regarding price, Now is the Buy zone; people forget what happened weeks ago, what I mean by this is OAX was 65k satoshis at one point.  The current price is 3,700Satoshis-btc; thats 15x off the highest price reached back in Aug.

You would have to be insane to sell any OAX as sellers are just taking loss and opportunity loss.  In the short term this can easily go 2-3x and 5-10x in the not so long term.

Hugh Madden, OAX Director on Bloomberg, 20.12.2017

About Bitcoin, Ethereum perspectives in 2018, about socials and the valuation model.

Check the full video (1 min 55 sec) >
https://www.bloomberg.com/news/videos/2017-12-20/anx-cto-says-bitcoin-feels-a-bit-like-tech-bubble-video


OAX ON EXCHANGES - NEW BOUNTY PROGRAM - WEBSITE - PROJECT DECK - WHITE PAPER - TECH WHITE PAPER - TEAM  
SLACK - TELEGRAM - FACEBOOK - TWITTER - REDDIT - LINKEDIN - GOOGLE+ - MEDIUM - YOUTUBE - STEEMIT - GOLOS

Almost all tokens are up like crazy. When will be OAX's turn?

Thank you . It's helpful.

Hi IHO (IhateICO's) thanks for coming back. First, you mentioned the "Binance dump" but when I asked for any proof, you had none. Also, if that's the case, why am I holding every token I've ever got? If you have proof, produce it.

On the exchange listing, we have reached out to a number of exchanges, the key feedback we have heard is volume. That's been up recently so hopefully more people will start to pay attention.

do not think so OAX it is very nice coin. maybe you are too quick to sell it. try to keep it in a few months surely you will get big profits from this token.  

I was wondering why OAX isn't more popular.
It had a successful ICO. It has a strong team. bitvoyager is active here all the time.

Here is the reply from Hugh Madden:



ANX bought the domain and had opt in for customers to create an account with anx
No crypto assets or balances were part of the sale
Justcoin the entity shut down
I'm not sure if it was bankruptcy or something else but there was a legal process
I believe part of the justcoin liquidation involved selling or their crypto assets to dollars, like mtgox. This was nothing to do with anx.
There was a formal EDM with contact details for the old justcoin team somewhere, if they email [email protected] cs team has it

Hello demoncity, passed your question to the team.

I left my justcoin wallet since 2013 . Now i see that it was changed to ANX . Was my bitcoin lost ? any help ?

Hello, Well-wisher! It's nice to see your FUD here again.

"if you see OAX and are thinking of buying it because its green DO NOT BUY IT!"
- Everyone decides for him/herself when and what to buy.
  The OAX Foundation doesn't comment on the secondary markets and doesn't force anyone to buy its tokens.

"The devs are only here to scam you, they took the 25 million and ran and then went to another project with Hugh"
- False. Nothing to comment. Anyway you may check conversation with Hugh on the Slack couple days ago.
  Just for you to better understand the project:
  https://bitcointalksearch.org/topic/m.26265876

"There has been no progress on this project and it has been on a disgusting downward spiral since the ICO (still below ICO price)."
- There is a progress. Just check Medium with last announcements, gitlab, devs journal etc. Yes, below. "disgusting downward spiral" - sounds poetic, but doesn't corresponds the reality. Anyway nobody from the Foundation promised the "moon in the nearest days". It was said many times all over all channels that this is a long-term project, the first prototype will be released in Q2 2018 etc. In fact anyone could/can read this in the WP and check in the project road map.  

"Why don't you care about the price of your token?"
- The market determines the price. Demand and proposition. The Foundation can't influence on the token price directly. Only by ideas, plans and actions. The OAX team is growing, learning and working hard on the project. As soon as the OAX perspectives and activity results will impress the market participants, investors and traders the demand will change and the OAX price will change.

"Why don't you care about getting this token on a real exchange?"
OAX is already trading on 6 Exchanges (Binance, Liqui, AnxPRO, Etherdelta, HitBTC, Qryptos)
Bitrex - "Launching is free and at our discretion"
https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex
Poloniex - "We do not accept payment for listing. We don't have a definitive set of criteria as each project is unique."
https://poloniex.freshdesk.com/support/solutions/articles/1000229325-how-can-i-get-a-coin-listed-on-poloniex-
Both exchanges decide themselves which token and when to add. You can't influence this.
Quite possibly OAX will be listed there and on many other exchanges someday. But let's don't speculate on this now.
OAX Foundation was possibly one from only some token sales organizers in the summer which didn't speculate on the question of exchanges and will never do this.  

"Why are you still trying to have another ICO when the first one was a failure?"
Absolutely false. Just read my post above:
https://bitcointalksearch.org/topic/m.26486025

"Where are the updates or code? It has been 6 months since ico and and all you've done is update the site!"
You can monitor the progress here:
1. Gitlab - https://gitlab.com/oax
2. Mockups - https://modao.cc/flows/InUGhKMaeHp7XgJDYv1yweIAKLJ8u0N
3. Developers journal - https://www.notion.so/Journals-a1c1a14d8aa84fceb648a33ad8211791

"Additionally, the devs were colluding to pump the price up before the Binance listing (as you can see in the comments earlier in this thread) and they coordinated a dump right before it hit the exchange (they sold millions of dollars of their own tokens). This is illegal but what can you expect from greedy ex-bankers."
Liam Bussell, Head of Marketing, answered you already a couple days ago:

"OAX Team, if you want people to get faith in your token start pumping up the price and get it on a real exchange like Bittrex or Poloniex."
- Do you propose to manipulate the price? Read the answers above one more time and try to understand the position of the OAX Foundation regarding this matter.

"Otherwise people will still distrust you and not buy your tokens or use them"
- Let's people decide for themselves what to buy and how and when to use it.

"(even if the exchange turns out to be a good working product)"
- AGREE. It should be a good huge platform for integration of the whole cryptomarket with a real world.
You can find more information about the future "working product" here:
https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf


OAX ON EXCHANGES - NEW BOUNTY PROGRAM - WEBSITE - PROJECT DECK - WHITE PAPER - TECH WHITE PAPER - TEAM  
SLACK - TELEGRAM - FACEBOOK - TWITTER - REDDIT - LINKEDIN - GOOGLE+ - MEDIUM - YOUTUBE - STEEMIT - GOLOS

Hello, if you see OAX and are thinking of buying it because its green DO NOT BUY IT! The devs are only here to scam you, they took the 25 million and ran and then went to another project with Hugh. There has been no progress on this project and it has been on a disgusting downward spiral since the ICO (still below ICO price). The team refuses to answer tough questions like

"Why don't you care about the price of your token?"
"Why don't you care about getting this token on a real exchange?"
"Why are you still trying to have another ICO when the first one was a failure?"
"Where are the updates or code? It has been 6 months since ico and and all you've done is update the site!"

Additionally, the devs were colluding to pump the price up before the Binance listing (as you can see in the comments earlier in this thread) and they coordinated a dump right before it hit the exchange (they sold millions of dollars of their own tokens). This is illegal but what can you expect from greedy ex-bankers.

OAX Team, if you want people to get faith in your token start pumping up the price and get it on a real exchange like Bittrex or Poloniex. Otherwise people will still distrust you and not buy your tokens or use them (even if the exchange turns out to be a good working product).

that is bad.i also think oax is disappointing.but the token up 30% today.

November was the most painful time for me because only one third of my OAX / btc had fallen, and then I took a timely stop-loss to buy the ether, so far, I only got 1 times the profit

I agree with you here.
Just leave these tokens locked until 2019 or possibly even longer.

Hello CageKennylz and standards. I answered almost the same questions on Telegram. Here is it.

The second ICO was initially planned on Q2 2018
WP, page 17 - https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

But there was an update in August regarding this matter:
"Due to this likely underspend; it is not clear that a second token sale will be required in 2018."
https://medium.com/@OAX_Foundation/oax-q4-roadmap-update-community-and-engagement-stream-9b699f668322

These tokens locked in the Contract untill the Q2 2018 and nothing can be implemented to them until then.
So there is some time ahead for taking decisions.  

Here is the answer from Liam Bussell, Head of marketing to this question:
"Honestly, nothing has been confirmed yet.
The reason for this is that the tokens are locked in the smart contract until the time period of the second sale anyway (Q2 2018)
We won’t be keeping them. There’s 3 options basically:
burn, airdrop or push second sale until 2019 when the platform is live"
https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b

My personal opinion is that burn and airdrop are not the best options, I'd leave these tokens locked until 2019 or possibly even longer.
And then act according to the situation. A lot of things can change, a lot depends on the memberships prices and other prices on future platform.
There is a deflational system should be itself - pages 22-23 in Project Deck:
https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf

Possibly these tokens will be needed for something else in the future. So, my opinion is that there is no need in hurry. Let's wait and see.
The team is adequate and I think nobody will do something for the deterioration of the situation and unregulated emissions and inflation.

I also wonder how the second round sale will proceed.
Will it sell above or under market price?