Pages:
Author

Topic: [ANN][PRE-STO]ANOX(ANX): A revolutionary, multi-manager investment fund. (Read 415 times)

copper member
Activity: 19
Merit: 0
Let's get social!

Want some free ANX security tokens? To celebrate our new listing on the Steem Engine dex and the release of the ANX Whitepaper in multiple languages, we're offering a range of bounties for joining our social channels and helping spread the word about ANX!

Details of the social drop with 50% referral bonus can be found here: https://steemit.com/steemengine/@anoxfund/anx-is-live-on-steem-engine-and-we-re-launching-a-social-bounty-to-celebrate

Note: Please do not reply here with joined type posts etc, use the provided form to claim.
full member
Activity: 294
Merit: 112
Hello, everyone! Korean translation for our whitepaper is already available, have a look here! https://anox.io/ANX_Whitepaper_Kor.pdf
copper member
Activity: 19
Merit: 0
大家好,ANX白皮书中文版现已面世!https://anox.io/ANX_Whitepaper_CN.pdf

Hello world! The ANX Whitepaper is now available in Chinese!
copper member
Activity: 19
Merit: 0
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.


Hey TimeTeller, thanks for checking out the whitepaper!

We wanted to keep it in roughly the same league as the Bitcoin WP - 3000 words, though we've gone a little over.

Regarding voluntary licensing, it is an option we'll seriously consider once the fund is live. The requirements are largely just annual audits and 3rd party administration which we've already committed too, though there are added financial and administrative burdens too. As we're not 100% certain we'll follow that path due to said burdens, we don't want to make any definitive public commitments prior to making a decision.

Hope that answers your question!

Warm Regards,
Oscar.
copper member
Activity: 19
Merit: 0
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.

Hey dzkrb, I've been really enjoying Black Sails too, though the Bahamas aren't the safehaven for piracy and crime they were in the 18th century. These days, the islands are largely known as a top holiday destination for people from the US and a desirable domicile for fund structures due to the favourable tax treatment. I've struggled to find any funds in EU, Aus, US that are outperforming our partner fund.

Also note that ANX may voluntarily apply to be licensed and regulated by the SCB following fund launch.

Singapore and the Caymans both have similar exemptions for closed-end's, but Bahamas was marginally more cost effective and our legal consultants and partner fund are based there so it made the most sense. We'll be able to access reliable banking services there through introductions from legal, which is something nearly every crypto start up has struggled with in the rest of the world.

Cheers,
Oscar.
hero member
Activity: 2716
Merit: 588
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.
sr. member
Activity: 672
Merit: 250
🔰FERRUM NETWORK🔰
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.
copper member
Activity: 19
Merit: 0
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?  Huh

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.

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.

Hey Traveller, as per my previous post, I encourage you to read the Fund Structure chapter of the whitepaper which covers the regulatory exempt status of Bahamian closed-end funds in detail, as well as our commitment to third party administration and auditing. I have included the relevant sections of the chapter below for your reference:

Quote from: anoxio

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.


member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
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?  Huh

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.

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.
copper member
Activity: 19
Merit: 0
Want some free ANX? Send us a private message then pop into our Discord or Telegram servers and introduce yourself with your Bitcointalk username for 10 free ANX Grin

Discord: https://discord.gg/gGzaFn2
Telegram: https://t.me/anoxio

(Bitcointalk accounts created prior to this post only

copper member
Activity: 19
Merit: 0
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.

Hi Filipe, we'd say that's a pretty fair assessment of offerings that have come before us. Most "funds" on the blockchain have been bedroom jobs with some guy trading your BTC in his underwear, or just downright scams.

This is not ANX.

We are not trading investor capital directly, we are making investments in established funds with proven track records and we'll be administered and audited.

Our first partner fund has returned 39% annually since 2015 for a total net return in excess of 300%.

The great thing about ANX though, is it's freely traded like any other crypto. This means the gain potential is not limited to underlying fund performance. Imagine if Bitcoin could never fall by more than 30% because there was a fundamental floor supporting it to the downside...

full member
Activity: 294
Merit: 112
There is bug on Telegram url, please fix that. Remove "http://"
Link fixed, all good. Thank you!
hero member
Activity: 1008
Merit: 500
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.
copper member
Activity: 19
Merit: 0
There is bug on Telegram url, please fix that. Remove "http://"

Thanks for the heads up re the url error! Will pass on to K who is handling this thread for us.
copper member
Activity: 19
Merit: 0
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?  Huh

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.
copper member
Activity: 19
Merit: 0

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?

Hey guys thanks for your questions re: the roadmap which is due to be updated this week. Our seed round is still on going and all other items are contingent on us securing seed funding - running a successful public offering in 2019 is a substantially more difficult and costly affair than 2017, especially as a security token.

Even so, we have had some great achievements in 2019: 2 exchange listings, airdrop to NDX holders - > 1000 people holding ANX, a full fledged whitepaper in 3 different languages (and more coming) vs road mapped English Litepaper, 10xd our social numbers (though they're still small!) and onboarded some great talent incl. announced Chief of Operations, Chief Communications Officer and a not yet announced Chief Financial Officer.

And that's all without a single dollar from VC! Now the whitepaper is done, we can begin making those approaches.

Watch this space.

Sincerely,
Oscar Goullet
Founder and CEO
anox.io
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
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?  Huh
full member
Activity: 1330
Merit: 100
C O M B O
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?
sr. member
Activity: 728
Merit: 263
There is bug on Telegram url, please fix that. Remove "http://"
sr. member
Activity: 672
Merit: 250
🔰FERRUM NETWORK🔰
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.
Pages:
Jump to: