[ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 94.

bitvoyager

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Quote from: dz4505 on June 29, 2017, 09:39:40 AM

Quote from: Sampey on June 29, 2017, 09:29:36 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This is the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

dz4505

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Quote from: Sampey on June 29, 2017, 09:29:36 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

bitvoyager

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Quote from: xx63245613 on June 29, 2017, 09:21:37 AM

I joined the signature and avatar campaign,and now promoted to SR member.Please update it,thanks.

Thank you for the participation in the Signature campaign, xx63245613!

Please make a post about these your changes in the OAX Bounty thread:
https://bitcointalksearch.org/topic/active-bountyann-oax-real-world-application-of-decentralized-exchanges-1947373

Sampey

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i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

bitvoyager

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Activity: 560

Merit: 256

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Quote from: dz4505 on June 29, 2017, 09:21:43 AM

I am so confused about KYC. As far as I can tell we already have the tokens, but its not activated.

So we will need to submit an ID to get it activated? Huh

Thank you for the questions, dz4505!

1. Let's wait for announcements about KYC

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

2. The Tokens will be "activated" and will become tradable and transferable on July 29th+- .
The Token Sale Summary Sheet: https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

dz4505

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Activity: 154

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I am so confused about KYC. As far as I can tell we already have the tokens, but its not activated.

So we will need to submit an ID to get it activated? Huh

xx63245613

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Activity: 443

Merit: 250

I joined the signature and avatar campaign,and now promoted to SR member.Please update it,thanks.

HongKong

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Quote from: bitvoyager on June 29, 2017, 06:03:00 AM

Quote from: HongKong on June 29, 2017, 04:56:25 AM

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Quote from: Sampey on June 29, 2017, 04:32:36 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Thank you for the interest to the OAX platform, HongKong!
1. I am not the representative of the OAX Foundation. I may just assume that the KYC and AML/CTF procedures are the demand of a lot of regulators in a lot of countries. And the openANX is trying to accomplish all these requirements, to be completely in the legal field. It's a very important for the openANX as for the future large global player. Ethereum address is quite anonimous as i know. Let's wait for an announcements on this theme.
2. If I understood your question correctly. After the investing you can see the Tokens in your wallet (after adding Custom Token). On July 29th+- the Tokens will be "activated" and will become tradable and transferable. You may read about all phases of distribution here in the Token Sale Summary Sheet:
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

Alright, thanks for the info. I kind of understand it now.

bitvoyager

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Quote from: HongKong on June 29, 2017, 04:56:25 AM

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Quote from: Sampey on June 29, 2017, 04:32:36 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Thank you for the interest to the OAX platform, HongKong!
1. I am not the representative of the OAX Foundation. I may just assume that the KYC and AML/CTF procedures are the demand of a lot of regulators in a lot of countries. And the openANX is trying to accomplish all these requirements, to be completely in the legal field. It's a very important for the openANX as for the future large global player. Ethereum address is quite anonimous as i know. Let's wait for an announcements on this theme.
2. If I understood your question correctly. After the investing you can see the Tokens in your wallet (after adding Custom Token). On July 29th+- the Tokens will be "activated" and will become tradable and transferable. You may read about all phases of distribution here in the Token Sale Summary Sheet:
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

HongKong

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Activity: 812

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Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Quote from: Sampey on June 29, 2017, 04:32:36 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Sampey

legendary

Activity: 2632

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Thank you so much Wink

bitvoyager

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Quote from: Sampey on June 29, 2017, 04:32:36 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

bitvoyager

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Quote from: LEEMEEGO on June 28, 2017, 09:57:37 PM

Quote from: bitvoyager on June 28, 2017, 11:57:44 AM

Quote from: ?? on ??

When can we begin to sell our OAX and on what exchanges will it be on first? Also, do you predict any price at launch?

Thanks for the interest to the platorm, CageKennylz!

The OAX Foundation representatives don't want to speculate on this question.
openANX will reveal this information once all the agreements with the exchanges will be signed and sealed.
Can say nothing about predictictions. How much, do you think, the Ethereum will cost in a week for example?

the price of the token will solely depend on the price of the ETH.. so you can calculate it base on the price of eth.. just keep in mind that 1 ETH = 478.68 OAX..

Agree with you, LEEMEEGO, 1 ETH = 478.68 OAX and 1 OAX = 0.75 USD. 1 ETH = 478.68*0.75 = x USD

For the avoidance of doubt, the price of 1 OAX was approximately the equivalence of USD5 0.75 in ETH
based on ETH/USD daily closing exchange rate of 20 June 2017
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

Sampey

legendary

Activity: 2632

Merit: 1040

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

CORNEL

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Quote from: bitvoyager on June 28, 2017, 06:07:23 PM

Quote from: dz4505 on June 28, 2017, 12:58:40 PM

The activity on the buy is down to like nothing at the moment. Is there any plans to close early? Huh

Nobody knows, dz4505

It will continue till the countdown if all token sold out early than it has chance to get closed early. This is great project soon it will attract new investors towards this.

LEEMEEGO

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Activity: 448

Merit: 250

Quote from: bitvoyager on June 28, 2017, 11:57:44 AM

Quote from: ?? on ??

When can we begin to sell our OAX and on what exchanges will it be on first? Also, do you predict any price at launch?

Thanks for the interest to the platorm, CageKennylz!

The OAX Foundation representatives don't want to speculate on this question.
openANX will reveal this information once all the agreements with the exchanges will be signed and sealed.
Can say nothing about predictictions. How much, do you think, the Ethereum will cost in a week for example?

the price of the token will solely depend on the price of the ETH.. so you can calculate it base on the price of eth.. just keep in mind that 1 ETH = 478.68 OAX..

bitvoyager

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Quote from: dz4505 on June 28, 2017, 12:58:40 PM

The activity on the buy is down to like nothing at the moment. Is there any plans to close early? Huh

Nobody knows, dz4505

dz4505

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Quote

Thirty million (30,000,000) (30%) (the “OAX for Additional Token Sales”, or “OAX for ATS”) - Reserved for one or more subsequent offerings to the public on later
dates as Additional Token Sales (“ATS”), the proceeds of which will be
deployed on system scale up and production developments.
These are subject to a lock-up for 1 year from Token Launch.

Lock-up for a year is huge in cryptocurrency land...might want to rethink this.

bitvoyager

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openANX Community Pride by Byungwoo Sohn & Kuma Chow

We’d like to once again thank those of you who contributed, and remind everyone that our Token Sale is still kicking.
We really appreciate you guys! To show our appreciation, we’d like to tell everyone that communicating and engaging
with the community is one of our top priorities. We try to answer questions from the community as quickly and
as accurately as possible. We apologize in advance if we can’t answer something quickly. Please understand that our
responses often have to be checked by multiple people within the team.

To continue and improve our community engagement, we’d like to ask for your help. As the project develops,
we will be creating more formalized chat groups. At this moment though, we’d really appreciate it if you could
just share your experiences with us. We want to hear about:

1. How/Why you got involved in the project.

2. Previous experiences, good or bad, with centralized or decentralized exchanges.

3. Why you’re excited about openANX

4. How we can best communicate with the community; which methods are the best? i.e.
Twitter, Reddit, bitcointalk thread, project website, Slack, Medium blogs such as this one, etc.

5. Any concerns? Which things the team can improve upon?

Besides these topics, we’re open to hear anything you have to say. Please email us at [email protected].
If we get a good number of responses, we will do a follow-up blog covering some of your responses.

The full article:
https://medium.com/@OAX_Foundation/openanx-community-pride-2d9037daa981

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

dz4505

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The activity on the buy is down to like nothing at the moment. Is there any plans to close early? Huh

Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 94. (Read 135283 times)