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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 60. (Read 135283 times)

full member
Activity: 183
Merit: 111
Why is there such a big difference in the price between Binance and Lique? Does anybody know? Also which exchange do you guys trust more if you want to buy some oax tokens?

Both exchanges have very little liquidity/market depth, so a tiny order can create a big price difference but it's usually fleeting.

Liqui is an Eastern European exchange with no verification requirement. Binance is a Hong Kong exchange which does require verification but they were, until recently, marketing themselves as China-based token ICO specialists. They have backtracked from this but may still face some kind of sanctions (noone really knows).

Basically, pick your poison. Just don't leave your funds on these exchanges for any length of time.
sr. member
Activity: 392
Merit: 250
Looking for shmexy coins!
Why is there such a big difference in the price between Binance and Lique? Does anybody know? Also which exchange do you guys trust more if you want to buy some oax tokens?
sr. member
Activity: 560
Merit: 256
Market Integration Platform
Bitvoyager, when will the Governance portal or something similar that enables token holders to have some say be launched?

This should surely be part of your "community engagement" plan. It allows us to get involved. For example, recently I was able vote using my (Mothership) MSP tokens on what to do with the left over tokens (burn or bounties). It wasn't much but it was at least something and it got people taking. Otherwise what are we supposed to do with these OAX tokens for 9 or so months besides gamble them on Liquidity or Binance?

I understand vaguely that the token system may be targeted at bigger players like market makers (who may hold many thousands/even millions of tokens which rewards them with a higher tier of membership). But what about the rest of us peons? When will you guys clarify how many tokens are needed for each tier?

daburone, you are thinking in the absolutely right direction.
Thanks for your comments, you emphasize the most important things and ask burning questions.
"When will you guys clarify how many tokens are needed for each tier?" - will be clarified closer to the prototype release.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
Sure this project has potential but news should be released a bit more often to keep investors at ease ....

Hello GiorgosK,
Some new engineers and developers joined the OAX just some days ago.
The Intro Videos with the Dev team should appear in the nearest days.
sr. member
Activity: 478
Merit: 253
Sure this project has potential but news should be released a bit more often to keep investors at ease ....
full member
Activity: 183
Merit: 111
Bitvoyager, when will the Governance portal or something similar that enables token holders to have some say be launched?

This should surely be part of your "community engagement" plan. It allows us to get involved. For example, recently I was able vote using my (Mothership) MSP tokens on what to do with the left over tokens (burn or bounties). It wasn't much but it was at least something and it got people taking. Otherwise what are we supposed to do with these OAX tokens for 9 or so months besides gamble them on Liquidity or Binance?

I understand vaguely that the token system may be targeted at bigger players like market makers (who may hold many thousands/even millions of tokens which rewards them with a higher tier of membership). But what about the rest of us peons? When will you guys clarify how many tokens are needed for each tier?

Please don't give me another canned response referring me to the WP.
hero member
Activity: 742
Merit: 500
Anyone lead me to active exchange where openANX traded . can't find this information anywhere on OP .

Hello BTCdoaA,
https://coinmarketcap.com/assets/openanx/#markets
+ https://anxpro.com/
+ https://hitbtc.com/exchange/OAX-to-ETH


I always use this website to check the market information about OAX, but the price is still below the ICO price for a long time, I plan to see it a half year later.
sr. member
Activity: 560
Merit: 256
Market Integration Platform

Yes, this is the most important question.  What does the OAX Token do?  What does an OAX Token holder own?  If the exchange succeeds, how does an OAX token holder benefit more than someone who simply is a customer of the OAX exchange?


Hello Archru,

What does the OAX Token do? - WP, page 18, The OAX Token:  
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

What does an OAX Token holder own? - own OAX.)

If the exchange succeeds - the price of the token will grow and the OAX holder will become richer.)
You may check the OAX Token Model, Project Deck, pages 22-23:
https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf
newbie
Activity: 19
Merit: 0
Can you guys from OpenANX please explain to me what I can do with my tokens. I have a few thousand of these things. What can I actually do with them now (besides gamble them on probably illegal exchanges like Liqui and Binance)?

It says that I can use them to vote on stuff but I don't know where the Governance portal is or how to do it.

"OAX is a token that can be exchanged for memberships in the DAO and/or its association. Members will be entitled to certain privileges, including but not limited to voting privileges on major operational decisions relating to the openANX platform."

Surely there are a ton of "operational decisions" that need to be made between now and June 2018 that the token holders could have some influence on.

Yes, this is the most important question.  What does the OAX Token do?  What does an OAX Token holder own?  If the exchange succeeds, how does an OAX token holder benefit more than someone who simply is a customer of the OAX exchange?
sr. member
Activity: 300
Merit: 250
Dev of Openanx any new exchanges coming up? I think there are more good exchanges in china who loves openanx project!

Hello mickp! Thank you for the interest to the OAX Project!
The Foundation can't speculate on question of the exchanges, but definitely the work is beeing made in all directions.
There were a lot of good in China during its great and very long history. Is and will be.

Hi bitvoyager, if you are a member of a team, can you clarify, if the work is beein made in all directions, when approximately can we see some result of that work? App Demo, video, something to have proof that the project worth money invested into it. Situation in Chinese for now is unacceptable, i hope government will change their decision regarding cryptocurrencies.

agree, there is no news since a moment, we are waiting some show to invest more in OAX
This is a long term project. Do not expect that there will always good news in 2 or 3 days-period. read their road map and their team. If you think that the project is good, invest your money in. Right now, I am still holding more than 2000 OAX. I will wait for the next press.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
hero member
Activity: 910
Merit: 500
Anyone lead me to active exchange where openANX traded . can't find this information anywhere on OP .
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
Is there aproximate ETA when could project be launched?

Hi z0n0, Q2 2018 - prototype release. Closer to June.
https://www.openanx.org/en/#milestone

A really long time to see the great milestone, but I think it is worth to wait since I can see some good signals including close contact with the investors, also I think make frequent updates about the development is a good habit.
full member
Activity: 183
Merit: 111
Can you guys from OpenANX please explain to me what I can do with my tokens. I have a few thousand of these things. What can I actually do with them now (besides gamble them on probably illegal exchanges like Liqui and Binance)?

It says that I can use them to vote on stuff but I don't know where the Governance portal is or how to do it.

"OAX is a token that can be exchanged for memberships in the DAO and/or its association. Members will be entitled to certain privileges, including but not limited to voting privileges on major operational decisions relating to the openANX platform."

Surely there are a ton of "operational decisions" that need to be made between now and June 2018 that the token holders could have some influence on.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
Is there aproximate ETA when could project be launched?

Hi z0n0, Q2 2018 - prototype release. Closer to June.
https://www.openanx.org/en/#milestone
legendary
Activity: 1274
Merit: 1006
Is there aproximate ETA when could project be launched?
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet

Hello ivanpoldark easyrimka,

Here are the fresh updates on 3 main directions:
An initial engineering delivery team has been engaged and further announcements will be made in the next two weeks regarding the specifics of this

https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-technology-stream-120a8ef3046b
https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-legal-and-regulatory-stream-8d9a3d4671a2
https://medium.com/@OAX_Foundation/oax-q4-roadmap-update-community-and-engagement-stream-9b699f668322

App Demo, video, some show - definitely will be done as soon as there will be a possibility, at the right places and at the rigth time.  
The marketing team is working on different short-term and long-term promo strategies, on the wide presentation of the platform and its benefits all over the world, online and offline, on concept of building a strong international community. I am pretty sure that involvement of people into our project, interest to the solutions it brings to the crypto market will outrun the development of the prototype and we'll see a big demand on its services at the moment of the OAX platform release.

Good news, great to see some positive development about this project, though the market performance is still in a bad situation.  I will choose to hold these OAX coins.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
Dev of Openanx any new exchanges coming up? I think there are more good exchanges in china who loves openanx project!

Hello mickp! Thank you for the interest to the OAX Project!
The Foundation can't speculate on question of the exchanges, but definitely the work is beeing made in all directions.
There were a lot of good in China during its great and very long history. Is and will be.

Hi bitvoyager, if you are a member of a team, can you clarify, if the work is beein made in all directions, when approximately can we see some result of that work? App Demo, video, something to have proof that the project worth money invested into it. Situation in Chinese for now is unacceptable, i hope government will change their decision regarding cryptocurrencies.

agree, there is no news since a moment, we are waiting some show to invest more in OAX

Hello ivanpoldark easyrimka,

Here are the fresh updates on 3 main directions:
An initial engineering delivery team has been engaged and further announcements will be made in the next two weeks regarding the specifics of this

https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-technology-stream-120a8ef3046b
https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-legal-and-regulatory-stream-8d9a3d4671a2
https://medium.com/@OAX_Foundation/oax-q4-roadmap-update-community-and-engagement-stream-9b699f668322

App Demo, video, some show - definitely will be done as soon as there will be a possibility, at the right places and at the rigth time.  
The marketing team is working on different short-term and long-term promo strategies, on the wide presentation of the platform and its benefits all over the world, online and offline, on concept of building a strong international community. I am pretty sure that involvement of people into our project, interest to the solutions it brings to the crypto market will outrun the development of the prototype and we'll see a big demand on its services at the moment of the OAX platform release.
sr. member
Activity: 518
Merit: 261
Dev of Openanx any new exchanges coming up? I think there are more good exchanges in china who loves openanx project!

Hello mickp! Thank you for the interest to the OAX Project!
The Foundation can't speculate on question of the exchanges, but definitely the work is beeing made in all directions.
There were a lot of good in China during its great and very long history. Is and will be.

Hi bitvoyager, if you are a member of a team, can you clarify, if the work is beein made in all directions, when approximately can we see some result of that work? App Demo, video, something to have proof that the project worth money invested into it. Situation in Chinese for now is unacceptable, i hope government will change their decision regarding cryptocurrencies.

agree, there is no news since a moment, we are waiting some show to invest more in OAX
sr. member
Activity: 700
Merit: 250
Dev of Openanx any new exchanges coming up? I think there are more good exchanges in china who loves openanx project!

Hello mickp! Thank you for the interest to the OAX Project!
The Foundation can't speculate on question of the exchanges, but definitely the work is beeing made in all directions.
There were a lot of good in China during its great and very long history. Is and will be.

Hi bitvoyager, if you are a member of a team, can you clarify, if the work is beein made in all directions, when approximately can we see some result of that work? App Demo, video, something to have proof that the project worth money invested into it. Situation in Chinese for now is unacceptable, i hope government will change their decision regarding cryptocurrencies.
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