Topic: [ANN][PRE-STO]ANOX(ANX): A revolutionary, multi-manager investment fund. (Read 454 times)

This kind of project needs more than a 17-page whitepaper.
Maybe further explanation of your investment fund.
But anyway, this is already a good start rather than no wp at all.

Also, since you mentioned that you are a closed-end fund type platform, getting a license from SCB is voluntary.
But are you planning to acquire your license in the near future?
This will add credibility on your project being an investment fund company.

Closed fund in the Bahamas. This is certainly cool, but how can you be controlled? Where are the guarantees for investors? You can't get it there on these islands.

Well. but you must have license from another regulators if you said that you are a security token. If you dont have license your words does not means nothing.

2 - Fund Structure


2.1 - Closed-end Fund

 ANX tokens will be issued by ANOX GROUP LTD. ( Anox , herein the Company ), a Bahamas
International Business Company (IBC) and will represent investor shares in ANOX CAPITAL
LTD. ( Anox Capital , herein the Fund) , a Bahamas closed-end fund structure, pending
incorporation.

 Closed-end funds issue a fixed amount of shares in a public offering and then become closed to
new investment. Fund shares then trade freely on exchanges, with price determined by market
forces. Unlike the standard open-end structure, closed-end shares are not redeemed directly with
the fund, but are instead divested on the open market. Likewise, after the initial issuance, new
investors cannot purchase shares directly from the fund, but instead purchase shares from other
participants in the secondary market.

 Closed-end funds allow managers to focus on investing a fixed amount of capital for the best
possible return, without worrying about capital outflows and scaling issues which may arise from
new investment.


2.1.1 - Voluntary Licensing

 Bahamas closed-end funds and their managers are not regulated by the Securities Commission
of the Bahamas under the The Investment Funds Act (2003) and do not require licensing.
Closed-end funds can apply for regulation and licensing on a voluntary basis if they so wish and
Anox may opt to do so at its discretion following fund launch.

 Despite closed-end fund structures being unregulated entities, Bahamian companies are still
subject to strict laws and regulations protecting both them and their customers. Investors in ANX
will be protected by the Bahamas Consumer Protection Act (2006) and Anox will be subject to
the rulings and regulations of the Consumer Protection Commission of the Bahamas.

 The unregulated status of Bahamas closed-end funds gives Anox the freedom to innovate in the
rapidly developing STO space, delivering a best-in-class product, free from excessive regulatory
burdens, whilst still providing investors with the extensive protections available to them under
Bahamian common law.



2.1.2 - Administered and Audited

 As Anox Capital is an unregulated Bahamian closed-end fund, third-party administrators or
auditors are not legally required. Despite this, Anox is committed to industry best practices and
shall appoint licensed third-parties to administer and audit the Fund.

 Anox has a range of options available when it comes to Bahamian licensed administrators and
auditing partners and these appointments will be made and announced prior to fund launch. Full
audits of fund holdings and performance data will be conducted on an annual basis, commencing
one year following fund launch.

Our commitment to third-party administration and auditing, provides investors with
transparency, whilst reducing administrative overheads, meeting industry standards and
exceeding our obligations under Bahamian law. Additionally, administration and auditing paves
the way for meeting key requirements of voluntary licensing procedures.

Hey thanks for your question about US security token regulations.

Security token issuers who deal from or to the United States are required to file with the SEC for licensing or exemption. ANX is not a US company and we do not issue tokens to US residents and hence do not require licensing or exemption.

Even if we had licensing from the SEC, hedge fund products can not be offered to retail in the US. Our designated exempt Bahamas Closed-end fund structure gives us a lot more freedom there. Take a look at the Fund Structure chapter of the whitepaper if you'd like to know more, or feel free to PM me on here or Telegram @ogoullet.

Thanks,
Oscar.

Investment funds on the blockchain have not shown themselves well enough in the past.

I did not see a fund which got of large enough earnings for its investors,

May be everything is probably wrong and I just did not notice this organization, but I don’t really like this kind of investment.

There is bug on Telegram url, please fix that. Remove "http://"

There is bug on Telegram url, please fix that. Remove "http://"

If you are a security okens, than you must have license from SEC. Do you have this license? Or why you dont sell tokens to USA investors if you declare himself lufe security token? 

You have shown growth dynamics in 2018. And what about 2019? Already ends the second quarter. Bitcoin also began to show some signs of growth.

pre sale, public sales Anox and listings on the market will occur this June, but I do not see these signs, for sales, how much funds have been reached?

You have shown growth dynamics in 2018. And what about 2019? Already ends the second quarter. Bitcoin also began to show some signs of growth.