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-BittrexPoloniex - "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:
Hey IhateICO's welcome back. A class action lawsuit? Can I ask what proof you have? I may work on the project but I'm also a token holder and I have no evidence of that whatsoever. I have not sold a single token. The teams tokens are all locked, second sale tokens are locked, you can inspect the smart contract. You can also check etherscan for token holders and many of our larger token holders have yet to move their tokens. The price is down, totally agree and empathize, but there's no reason to be spreading FUD please.
"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
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