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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 73. (Read 135283 times)

sr. member
Activity: 340
Merit: 250
A bit off, but...Does anyone know how much does bittrex charge to add some coin?

Bittrex is one of the biggest exhanges for alts, I think it's a must for "every" coin.
Which points me to the question: if bittrex charge some for adding a coin, why the devs/team just don't pay this fee from all the money they collected during ICO? It must be tiny drop in the ocean.

Openanx the perfect coin to hit chinees exchanges  Grin
I cant wait for the show, Good project and whitepaper.

OAX coins are only on liqui exchange and the volume of trade is extremely low there.

Please give it Some time project like this will hit the big Exchanges soon 😀
full member
Activity: 125
Merit: 100
A bit off, but...Does anyone know how much does bittrex charge to add some coin?

Bittrex is one of the biggest exhanges for alts, I think it's a must for "every" coin.
Which points me to the question: if bittrex charge some for adding a coin, why the devs/team just don't pay this fee from all the money they collected during ICO? It must be tiny drop in the ocean.

Openanx the perfect coin to hit chinees exchanges  Grin
I cant wait for the show, Good project and whitepaper.

OAX coins are only on liqui exchange and the volume of trade is extremely low there. When you want to sell some oax, there is no market depth and the price goes down very fast. As ico contributors, we want more exchange for openanx.
sr. member
Activity: 340
Merit: 250
A bit off, but...Does anyone know how much does bittrex charge to add some coin?

Bittrex is one of the biggest exhanges for alts, I think it's a must for "every" coin.
Which points me to the question: if bittrex charge some for adding a coin, why the devs/team just don't pay this fee from all the money they collected during ICO? It must be tiny drop in the ocean.

Openanx the perfect coin to hit chinees exchanges  Grin
I cant wait for the show, Good project and whitepaper.
legendary
Activity: 1274
Merit: 1006
A bit off, but...Does anyone know how much does bittrex charge to add some coin?

Bittrex is one of the biggest exhanges for alts, I think it's a must for "every" coin.
Which points me to the question: if bittrex charge some for adding a coin, why the devs/team just don't pay this fee from all the money they collected during ICO? It must be tiny drop in the ocean.
hero member
Activity: 644
Merit: 500
when the project will be functional ?
If Team development openOAX working on schedule, they will release openANX Prototype in Q2 2018, between April and June.

You can see their roadmap at here: https://www.openanx.org/en/
sr. member
Activity: 588
Merit: 253
when the project will be functional ?
sr. member
Activity: 313
Merit: 250
If we can realize that big volume is key to success and for that listing at big exchange is inevitable now. People behind this project also aware of this very well and I am sure though we don't access to every single update at some level negotiations with other exchanges are going on. Bittrex is surely one of them because it has become top exchange once again.
i think it is a nice program and i will keep the tokens .all of us want the price up.it is potential in the future. now we only keep it. now i have a question when it will be add on bittrex.who knows?
hero member
Activity: 980
Merit: 500
If we can realize that big volume is key to success and for that listing at big exchange is inevitable now. People behind this project also aware of this very well and I am sure though we don't access to every single update at some level negotiations with other exchanges are going on. Bittrex is surely one of them because it has become top exchange once again.
hero member
Activity: 1638
Merit: 518
This is just beginning for good things to come out yet in future. I bought little more few days ago as the concept has really big project behind this token. A decentralized exchange just need to get more volume and it will be on successful track which will make this token valuable as well. OAX will see value with the growth of exchange and trading activities on this.

so , we need big market To realize that
u know , volume is a big important to make some coin life for  long time .
whatever concept about coin , if just stand on standar or little market , hard to make price raise up.
NrX
sr. member
Activity: 770
Merit: 254
This is just beginning for good things to come out yet in future. I bought little more few days ago as the concept has really big project behind this token. A decentralized exchange just need to get more volume and it will be on successful track which will make this token valuable as well. OAX will see value with the growth of exchange and trading activities on this.
hero member
Activity: 1638
Merit: 518


nice to see that , dev work for real .
now , price higher than ICO price , but just a little ,
btw , if u hold it price will going up again.
sr. member
Activity: 560
Merit: 256
Market Integration Platform



Initial coin offering: A mix of crowdfunding and share sale. Interview with OAX's Dave Chapman

There are indeed speculators who do not know in intimate detail what [the ICO project] is, and they likely fall into the FOMO (fear of missing out) category. However, there are professional investors who do perform due diligence and furthermore fully appreciate the inherent risks of participating in such

From more than 4,400 contributors participating in that token sale, Mainland China (376), the US (114) and Russia (90) are among the top three geographic regions of the contributors. “The majority of openANX contributors actually want to see the end, the finished product, and not speculating on secondary markets,”

Companies hoping to raise funding via an ICO need “an idea or a product”, and present it in a public “white paper”, a document explaining in detail the pitch of the future company and platform. The white paper would also contain operational details of the fundraising such as investment goal and cap, accepted currency, number of token to be distributed, duration of ICO campaign and any legal concerns.


Dave Chapman is an invaluable leader who co-founded ANX International, and backer of openANX. As the COO at ANX International, Dave is a thought leader in operating a global crypto-assets exchange, with leadership domain knowledge in the blockchain industry.  His professional experience involves working with some of the world’s biggest financial brands on Project Management and Delivery. He has worked at HSBC, ABN AMRO and Barclays. Dave is the managing director of Octagon Strategy, a Hong Kong-based digital asset OTC trading desk.

Read the full article:
http://www.ejinsight.com/20170811-initial-coin-offering-a-mix-of-crowdfunding-and-share-sale/


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
sr. member
Activity: 560
Merit: 256
Market Integration Platform
great that it has been listed on openanx. I sold a little bit of my investment but will hold on to most of my tokens.
Of course we should hold. this is only the beginning. Grin


yeah ! holding 99% of my oax. lets see where they go Wink

Thanks guys! Good coins usually go to the moon. Smiley
full member
Activity: 191
Merit: 100
great that it has been listed on openanx. I sold a little bit of my investment but will hold on to most of my tokens.
Of course we should hold. this is only the beginning. Grin


yeah ! holding 99% of my oax. lets see where they go Wink
hero member
Activity: 966
Merit: 501
great that it has been listed on openanx. I sold a little bit of my investment but will hold on to most of my tokens.
Of course we should hold. this is only the beginning. Grin
full member
Activity: 191
Merit: 100
great that it has been listed on openanx. I sold a little bit of my investment but will hold on to most of my tokens.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
sr. member
Activity: 616
Merit: 252
So many ICOs promising decentralized exchanges, non have delivered in a clinical form with any meaningful trade volume. Why is it that the case?

The main reasons is that big volume traders, who do trading professionally, cannot reach the levels high levels of BUY/SELL orders on existing decentralized exchanges. Essentially the low level volume is self defeating when it comes to mass adoption. In OAX's case, its different. Our backer, ANX International, will integrate Order books from day 1, as will some of the other Asset Gateways. This will essentially super charge trade volume. In addition, we have a wide network of traders and players who will come onboard, also from Day 1.

It helps that many of our Founders/Backers have a LOT of experience running centralized exchanges

Decentralized exchange are the future. I see no real future for HVE's such a Poloniex. Fear of an exit-scam or seizure of btc-e frightens people.

Go openANX!
member
Activity: 115
Merit: 10
So many ICOs promising decentralized exchanges, non have delivered in a clinical form with any meaningful trade volume. Why is it that the case?

The main reasons is that big volume traders, who do trading professionally, cannot reach the levels high levels of BUY/SELL orders on existing decentralized exchanges. Essentially the low level volume is self defeating when it comes to mass adoption. In OAX's case, its different. Our backer, ANX International, will integrate Order books from day 1, as will some of the other Asset Gateways. This will essentially super charge trade volume. In addition, we have a wide network of traders and players who will come onboard, also from Day 1.

It helps that many of our Founders/Backers have a LOT of experience running centralized exchanges
sr. member
Activity: 280
Merit: 250



Why the OAX Platform Has the Potential to Shake up Centralized Exchanges by Byungwoo Sohn

The main problem, I believe, is that there really are no viable alternatives to centralized exchanges at the moment. If I hear Bithumb got hacked and want to move my funds away, where would I go? I’d probably go to another centralized exchange in Korea, like Coinone. The same problem still exists however. No one really knows how or why Bithumb got hacked, as the system is centralized, opaque, and closed. If I moved my funds to another centralized exchange, does any of that change? How do I know that the new exchange I sent funds to has better security protocols?

God forbid the OAX platform ever have a security breach, but if one were to occur, there are clear protocols in place. First of all, unlike centralized exchanges which hold both crypto and fiat private keys, Asset Gateways in the OAX platform will only have custody of a single set of keys. For example, with a fiat gateway, the gateway will only hold onto the fiat currency in a transaction, and the user will retain crypto custody. The vice versa applies for crypto gateways.
Asset Gateways will also have transparent collateral levels, so that users can determine the amount of risk that they want to take on in a trade. The whole system will be open-sourced and transparent, so that everyone can check if there are potential loopholes.


Read the full article on OAX Medium:
https://medium.com/@OAX_Foundation/why-the-oax-platform-has-the-potential-to-shake-up-centralized-exchanges-baa8ab5da01


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM


Any one platform hasn't 100%  protection always we've got risk be hacked...
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