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Hi,
First of all the project seems to be really interesting and ambitious even for me who is completely new for cryptocurrencies and blockchains. I am going to buy OAX with a goal to get some more return in future, but before doing that I have to understand is there any prospect that OAX will rise in price in future. I would be grateful if you could answer those.
1. What do I get except voting privileges as an owner of OAX tokens?
2. I have read the whitepaper, as far as I understood I cannot sell OAX tokens and it can only be exchanged? What does it mean?
3. Maybe that question to the community, do you think that the price of OAX tokens may rise in price in future if the project is successful?
I am sorry if my questions seems to be dumb or newbie
I got to know about openanx just yesterday
First of all the project seems to be really interesting and ambitious even for me who is completely new for cryptocurrencies and blockchains. I am going to buy OAX with a goal to get some more return in future, but before doing that I have to understand is there any prospect that OAX will rise in price in future. I would be grateful if you could answer those.
1. What do I get except voting privileges as an owner of OAX tokens?
2. I have read the whitepaper, as far as I understood I cannot sell OAX tokens and it can only be exchanged? What does it mean?
3. Maybe that question to the community, do you think that the price of OAX tokens may rise in price in future if the project is successful?
I am sorry if my questions seems to be dumb or newbie
I got to know about openanx just yesterdayHey mattz098, no your questions aren't dumb at all.
Let me try to answer... OAX tokens gain access to voting privileges, as discussed. This allows you to have a say in the future direction of the platform. In the future, this may provide other benefits, but this is still in concept phase.
Memberships can be swapped, certainly. Whether or not tokens can be traded is really out of our hands.
Last, I can't predict the future, nor do I want to be seen building hype. If you like the project, concept stage is a good time to get involved. A lot of people understand what we are trying to do with the platform and want to get involved now. Likely when the prototype is deployed and woking, people who find the whole thing theoretical now will likely feel more confident with something concrete. It depends on if you are excited by the idea.
I see the Twitter posts from openANX and I can somewhat tell that the ANX company likes a few tweets from the project. The name seems like they are related somehow as well.
Hey Hong Kong! Thanks for the question. The Open ANX Foundation is leading the team running openANX (the project) ANX International is a founding backer of the project, along with Chandler Guo (China) Jehan Chu (Hong Kong) Bok Khoo (Australia) and others. ANX International is providing much of the initial IP of the project (order matching engine etc) and will plug into the project as an Asset Gateway when the prototype is live. Hugh Madden, project Technical Director, conceived much of the idea and technical thinking behind openANX, and he is the CTO of ANX International, so that's where the overlap comes from.
ANX International will continue to run its business, and the openANX project will be overseen by the Foundation (a non-profit making entity)
thanks for the reply.
That's good to see, I was hoping that this project was not going to be a program that pretends that it's involved with something when it really is not.
It looks like you guys aren't new to the whole Crypto Currency thing so I think that this will be a good project. The ICO might get sold out within 24 hours.
