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Author Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges  (Read 57864 times)
AsiaNexgen
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June 01, 2017, 09:19:39 AM
 #1

openANX
Real World Application of Decentralized Exchanges

WEBSITE | WHITEPAPER | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
SIGN UP FOR THE NEWSLETTER
Token Sale on June 22


Announcements[/b]
--Regarding scam victims and ETH address change requests--
A number of bounty participants and token sale participants have contacted us to let us know they have been hacked, either by a Phishing Scam or some other method. They have requested us to change the ETH address that was provided for the receipt of OAX tokens. The following is the procedure for those affected:
-   Complete the registration (found on the official website)
-   Complete the verification (found on the verification tab on the registration page)

Once these tasks have been completed, you may email us at security@openanx.org to receive further instruction.

The openANX Marketing team would like to state it clearly that this potential evaluation is conducted on the sole discretion of the Open ANX Foundation and it is beyond the scope of the bounty program and the sale terms, and under no circumstances are we obligated to undertake this process whether the evaluation posses legitimate merit or not. The process must not be considered as a default for persons who do not maintain reasonable security practices. openANX reserves the right to decline the process on its sole determination and accepts no liability for any loss of ETH, compromise of security, hacking or any other event that will cause a person to lose a part or all of his/hers digital assets.


What is openANX?
The openANX platform will take advantage of technical developments on the Ethereum blockchain such as payment channels (Raiden, 0x, Swap, ERC20) and utilize them to overcome the challenges faced by the current CEM. It will co-opt the strengths of the existing model to improve the existent decentralized exchange attempts by linking existing exchange platforms (“Asset Gateways”) to the network and enforcing a collateralized deposit system that will provide users with a way to measure risk. It will also provide an off-chain, legally enforceable dispute resolution system to provide much needed consumer protection.

The key deliverables of openANX are to:
• Migrate existing exchanges to the role of collateralized Asset Gateways, bridging fiat to tokens in a collateralized, transparent manner
• Provide credit risk trading to allow price discovery and a market “voice” of gateway creditworthiness
• Provide dispute resolution to access collateral in the event of disputes
• Aggregate order books using ANX International (“ANX”)’s proprietary “aggregation liquidity IP”, and merging the liquidity of participating Asset Gateways
• Complement the wave of “token only” decentralized matching engine projects which otherwise would not have fiat support, and hence further increase liquidity, and accessibility for the general public
• Both order book and Peer-to-Peer (“P2P) Over the Counter (“OTC”) order matching
• Migrate ANX International’s existing user base to the new platform, ensuring a critical mass of initial users; and then growing a consortium of new and existing exchanges committed to migrating to the openANX platform
 

Shortcomings of the current Centralized Exchange Model (CEM)
The current paradigm of the CEM began with Mt. Gox, and has developed and matured to reach the status quo. The CEM allows companies to provide services for users to buy/sell tokens, or exchange them for other assets through a central gateway platform for a fee. These proceeds ensure the service provider in return offers customer support, security and a suite of product offerings. The strengths of the system have developed over time to coalesce around banking relationships (the ability to turn Bitcoin or ETH into cash) and providing liquidity. However, with repeated security breaches in various exchanges and poor management, public’s faith in the CEM system is increasingly waning. The fundamental question is one of trust – without an effective way to measure risk, users tend to under-price its potential.

Age of Decentralized Exchanges
The shortcomings of centralized exchanges have seen a number of decentralized exchanges emerge. These largely fit into two categories; those that handle native fiat currencies, and those that handle only pure digital tokens. A number of pure decentralized digital token exchanges and protocols are starting to emerge, notably on-blockchain markets such as cryptoderivatives.market, and offblockchain protocols such as 0x and Raiden for single blockchain token trading. For cross blockchain exchange, the emergence of the Lightning network for cross blockchain atomic swaps is promising.

The openANX model


Videos
Summary | About openANX | What's Unique? | Credit Risk | How Does Liquidity Aggregation Work?


User perspective


Who's behind openANX?


Founding Team

Ken Lo - He is a successful serial entrepreneur who co-founded ANX International, one of the world’s largest blockchain service providers and backer of openANX.  With over 5 years experience in blockchain and as CEO at ANX International, he has extensive knowledge on running a world-class crypto-assets exchange and providing innovative solutions to many blockchain exchange operators.  Ken has 20 years’ experience in the business strategy and execution, having worked at  MNC’s like BT, Accenture and Verizon.

Hugh Madden - Hugh is responsible for much of the vision behind the openANX project. He has a strong commitment to the future of digital assets and a belief that access should be free and open to all. Hugh started his first business when he was 16, providing security services for companies in Australia. He has worked for various financial service firms (HSBC and AXA) building and designing their systems and security. In 2012, Hugh founded ANX International, one of the world’s largest blockchain developers and a backer of the openANX project.

Dave Chapman - Dave is an invaluable leader who co-founded ANX International, one of the world’s largest blockchain service providers 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.

David Tee - David brings significant professional experience to the team, with over 25 years of corporate finance experience in equity and debt public financings, private placements, mergers & acquisitions and restructurings throughout Asia, Europe and the U.S.

Jehan Chu - Jehan Chu is a partner at Jen Advisors, a Hong Kong based early-stage Blockchain VC firm. He has been a Blockchain evangelist since 2013, is the founder of the Ethereum HK meetup, Hyperledger HK meetup, and a founding member of the Bitcoin Association of Hong Kong. Jehan is a Advisor to Melonport, a Google EYE Program Mentor, Vice Chairman of Para Site, Board Member of Design Trust, and Technology Committee of the Asia Art Archive.

Chandler Guo - Chandler Guo is an angel investor and adviser in Bitcoin and blockchain startups. BitAngel has investments in over 20 companies.

Zane Tackett - Zane is a Colorado native who moved to China at the age of 18 to study Chinese. After spending a few years learning the language he joined China’s largest bitcoin exchange, OKCoin, as the Manager of International Operations and founded the international team in April 2014. In March 2015 he joined the largest BTCUSD exchange, Bitfinex, as the Director of Community & Product Development. After two and a half years on the exchange side, Zane decided to give the trading side a try and joined B2C2 as the Head of OTC Sales.

Bok Khoo - Ethereum Dev BEc, AIAA, Director and Consultant is an Actuary and quantitative software developer with over 28 years of industry experience. Bok has been working with clients from bank and corporate treasuries, investment managers, government entities, exchanges and financial soft vendors in Australia, New Zealand, Asia, the UK and Europe. Bok, also known as the BokkyPooBah on Ethereum.StackExchange.com, github.com and reddit.com/r/ethereum, is now working to bring decentralised trustless exchanges (https://cryptoderivatives.market/) and traditional fiat financial instruments to the Ethereum trusted and decentralised blockchain platform.


Token Sale Details
Token Sale on June 22


Utility of OAX tokens
OAX is a token that can be exchanged for participation membership in the DAO and its association, participating members will be entitled to certain privileges, including but not limited to voting privileges on major operational decisions relating to openANX platform. Note that members are not be entitled to any economic rights of the Foundation at any time. While it is a core belief that the platform be open to all, users will only be able to influence policy through voting privileges, which will be conveyed through membership in the association and tokens will form the method whereby users gain access to memberships. If users wish to gain access to voting privileges, or become a third-party service provider including but not limited to the following areas; KYC, Asset Gateway, or other service, some form of participation membership will be required.

Translated Whitepapers
LanguageTranslatorWhitepaperLocal ANN
RussianPolypantohttps://drive.google.com/file/d/0B8UTnYxPB3ancklWRXRWM2liVG8/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1949131
Koreanwisongbbarehttps://drive.google.com/file/d/0B8UTnYxPB3anakR4aDdfd1ZLeWs/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1963002.0
SpanishBartolohttps://drive.google.com/file/d/0B8UTnYxPB3anTTJBTW5TNjZKajA/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1958568.0
Frenchokinawahttps://drive.google.com/file/d/0B8UTnYxPB3anenRHdzZheXQwUjQ/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1969597
HindiErikalui---https://bitcointalk.org/index.php?topic=1959335
GreekKillerjoegreecehttps://drive.google.com/file/d/0B8UTnYxPB3anMVJYS3FoMFZGYms/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1954983
Indonesianlucky80https://drive.google.com/file/d/0B8UTnYxPB3andmE3Si1WSmtDaEU/view?usp=sharing---
Filipinotheunbeatable_23https://drive.google.com/file/d/0B8UTnYxPB3anTzNxOHB6WHhaNVk/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1964812.0
TurkishKubradamhttps://drive.google.com/file/d/0B8UTnYxPB3anTnQ0NGNxM0RYQ1E/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1962382.0
PortugueseShooterXDhttps://drive.google.com/file/d/0B8UTnYxPB3anNU1QbWpYbWd4ZGs/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1958570.0
VietnameseWatanabe1505https://drive.google.com/file/d/0B8UTnYxPB3anT1k5a19QOEE0NVU/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15575
Italianabicidieffehttps://drive.google.com/file/d/0B8UTnYxPB3anZU9xSS1HdmNBSXc/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1955356
SlovenianIwannacryhttps://drive.google.com/file/d/0B8UTnYxPB3anWURGQUZQSGVaZmc/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15706
ArabicKhufukinghttps://drive.google.com/file/d/0B8UTnYxPB3anaHY5emM1ZGpvR0U/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15381
Bulgeriann00b3rthttps://drive.google.com/file/d/0B8UTnYxPB3andjluZThWd0o2U0E/view?usp=sharinghttps://bitcoinbg.eu/forum/viewtopic.php?f=20&t=4415
Hebrewprivate arrangementhttps://drive.google.com/file/d/0B8UTnYxPB3anWktmdGZLRXk5enM/view?usp=sharing---


WEBSITE | WHITEPAPER | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
General Inquiries: projectstallman@openanx.org

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June 01, 2017, 09:20:06 AM
 #2

openANX Bounty Program
Welcome to the openANX bounty program! A total of 5 campaigns will be run for a duration of 1 – 2 months.

WEBSITE | WHITEPAPER | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT
Visit our ANN Thread

*****New! Check out our bug bounty program here!*****

The total bounty pool available is 200,000 OAX Tokens.

Each OAX is being sold to the public at the equivalence of US$0.75 in ETH based on the ETH/USD exchange rate as of 21st June 2017.

*All campaigns are subject to the Bounty program terms and conditions (located below)*


The Bounty Pool of 200,000 OAX will be allocated into campaigns like so

Bitcointalk Signature and Avatar - 40% - 80,000 OAX - spreadsheet completed!
Translation and Management - 25% - 50,000 OAX - completed
Blog and Media - 7.5% - 15,000 OAX completed
Twitter - 10% - 20,000 OAX completed
Community Management - 5% 10,000 OAX completed
Future bounty - 12.5% - 25,000 OAX announcement soon!


UPDATES
Regarding scam victims and ETH address change requests

A number of bounty participants and token sale participants have contacted us to let us know they have been hacked, either by a Phishing Scam or some other method. They have requested us to change the ETH address that was provided for the receipt of OAX tokens. The following is the procedure for those affected:
-   Complete the registration (found on the official website)
-   Complete the verification (found on the verification tab on the registration page)

Once these tasks have been completed, you may email us at security@openanx.org to receive further instruction.

The openANX Marketing team would like to state it clearly that this potential evaluation is conducted on the sole discretion of the Open ANX Foundation and it is beyond the scope of the bounty program and the sale terms, and under no circumstances are we obligated to undertake this process whether the evaluation posses legitimate merit or not. The process must not be considered as a default for persons who do not maintain reasonable security practices. openANX reserves the right to decline the process on its sole determination and accepts no liability for any loss of ETH, compromise of security, hacking or any other event that will cause a person to lose a part or all of his/hers digital assets.

BCT Signature and Avatar Campaign - 80000 OAX - COMPLETED

Campaign completed, and spreadsheet frozen! Thanks for participating!
Payouts will occur on or about July 29th!

https://docs.google.com/spreadsheets/d/1gjOzsKO1TudeUx-cr9bNiCj0MSf2SwAVAEm50era6Y0/edit?usp=sharing

Refer below for stakes earned per week

-   Member and Jr. Member – 1.25 stakes/ week
-   Full Member – 2.5 stakes/week
-   Senior – 5 stakes/week
-   Hero/Legendary – 7.5 stakes/week

-   A bonus of 0.25 stakes/week for those who wear our Avatar below



Twitter Campaign - 20000 OAX - FINAL CHANGES!

The twitter campaign spreadsheet is ready to be final! Please double check that the payout amount is correct, if there are any last minute changes, please use the request to review form available here -> https://goo.gl/forms/y3tmYwcQbN2rA7Ws2
Last minute disputes submissions will be allowed until July 16 15:00 HKT ! After this point, I will consider changes and freeze the document!


Follow us on twitter @OAX_Foundation and receive stakes based on how many weeks you participate.

200-1000 Followers – 2.5 stakes/week
1000- 10,000 Followers – 7.5 stakes/week
10,000+ Followers – 25 stakes/week

*Caps at 700 participants!*
We will only accept applicants with 10,000+ followers after this cap, which will end at 750 total applicants.
Please email marketing@openanx.org if you fall in this category and would like to participate.

Rules:
-   The twitter account must have a minimum of 200 followers
-   You must retweet no less that 70% of openANX’s official tweets (starting from the time you join)
-   If any fake, dead or bot accounts are found, we will remove you from the program
-   Bounty general terms and conditions apply

How to join:
-   Follow us here: twitter @OAX_Foundation
-   Fill out this form: Cap reached! Thanks guys!
-   Spreadsheet available here: https://docs.google.com/spreadsheets/d/13EcSM8qKVpiUxneoe-jAPw-HSB0WOzliPcPR4PPZTAU/edit


Translation and local community management - 50000 OAX - Completed

We will offer stakes for translations. Those who participate in the ANN translation also have the option to manage the local ANN by replying to questions, as part of the campaign.

Whitepaper – 500 stakes
Bitcointalk ANN – 100 stakes
Local ANN management (per post) – 3 stakes

Rules:
-   Translations must be authentic, If we catch anyone using low quality/online translators you will be disqualified
-   Reservations considerations are made by first come first serve basis (includes PM, thread comments, etc), however we do look for quality. We pick the best fit.
-   Do not start translations until you have received approved status.
-   Translators with approved status will be reserved to translate the task. The reservations are available below:

Reservation list:
LanguageTranslatorWhitepaperLocal ANN
RussianPolypantohttps://drive.google.com/file/d/0B8UTnYxPB3ancklWRXRWM2liVG8/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1949131
Koreanwisongbbarehttps://drive.google.com/file/d/0B8UTnYxPB3anakR4aDdfd1ZLeWs/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1963002.0
SpanishBartolohttps://drive.google.com/file/d/0B8UTnYxPB3anTTJBTW5TNjZKajA/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1958568.0
Frenchokinawahttps://drive.google.com/file/d/0B8UTnYxPB3anenRHdzZheXQwUjQ/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1969597
HindiErikalui---https://bitcointalk.org/index.php?topic=1959335
GreekKillerjoegreecehttps://drive.google.com/file/d/0B8UTnYxPB3anMVJYS3FoMFZGYms/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1954983
Indonesianlucky80https://drive.google.com/file/d/0B8UTnYxPB3andmE3Si1WSmtDaEU/view?usp=sharing---
Filipinotheunbeatable_23https://drive.google.com/file/d/0B8UTnYxPB3anTzNxOHB6WHhaNVk/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1964812.0
TurkishKubradamhttps://drive.google.com/file/d/0B8UTnYxPB3anTnQ0NGNxM0RYQ1E/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1962382.0
PortugueseShooterXDhttps://drive.google.com/file/d/0B8UTnYxPB3anNU1QbWpYbWd4ZGs/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1958570.0
VietnameseWatanabe1505https://drive.google.com/file/d/0B8UTnYxPB3anT1k5a19QOEE0NVU/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15575
Italianabicidieffehttps://drive.google.com/file/d/0B8UTnYxPB3anZU9xSS1HdmNBSXc/view?usp=sharinghttps://bitcointalk.org/index.php?topic=1955356
SlovenianIwannacryhttps://drive.google.com/file/d/0B8UTnYxPB3anWURGQUZQSGVaZmc/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15706
ArabicKhufukinghttps://drive.google.com/file/d/0B8UTnYxPB3anaHY5emM1ZGpvR0U/view?usp=sharinghttps://bitcoingarden.org/forum/index.php?topic=15381
Bulgeriann00b3rthttps://drive.google.com/file/d/0B8UTnYxPB3andjluZThWd0o2U0E/view?usp=sharinghttps://bitcoinbg.eu/forum/viewtopic.php?f=20&t=4415
Hebrewprivate arrangementhttps://drive.google.com/file/d/0B8UTnYxPB3anWktmdGZLRXk5enM/view?usp=sharing---


Blog and media - 15000 OAX - completed

Due to the overwhelming amount of low effort posts, I had to restructure the bounty. The staking system is modified, and the stake pool is reduced. I considered many solutions to this problem, and this system is the most fair for those who produced quality work. You may also be wondering why the pool has been reduced. Originally, I intended to keep this bounty open for submissions for a very long time, however, I decided to conclude it soon. So, below are the updated bounty conditions:

Do you own a blog or media page? We are looking for quality posts to spread the word about openANX!

Rules
-   Post must be in English, Chinese, Russian, Spanish, French languages
-   or any language for blogs with 500+ followers
-   Contents must be unique
-   Must be publicly accessible
-   Post must contain 800 characters or more
-   It must contain 2 or more links to https://www.openanx.org/ or any openANX related link
-   Any low effort posts will result in disqualification (this includes direct copy/paste of the whitepaper, or whitepaper, +1 original sentence, etc)

Quality is determined by 2 factors:
Effort levelScore
Low1
Average2
Good3
High4
EngagementScore
Low1
Average2
Good3
High4

Adding the Effort level and Engagement gives a score, which equals a stake level
ScoreStake earned
00
21
35
415
525
635
750
8100

-   Spreadsheet available here: https://docs.google.com/spreadsheets/d/1YaQielZH8oQVzbUA1FzfbnaOpMfmHVNf2cKYflQ8PWc/edit?usp=sharing(updated spreadsheet)



Community Management Campaign - 10000 OAX

We’d like to get the word out as far as possible, and we’d like to find a few active bitcointalkers who can help us answer questions in other timezones, spread the word on other channels (while complying with forum rules) and dropping over to the subreddit, or directing people to the slack or other channels. We’d rather have 4-5 people maximum, rather than 20, so experience and speed count!

Rules
-   We aren’t looking for spammers
-   Refer to the openANX team to answer questions you are unsure about
-   Only pass on factual information (please read our whitepaper and get an understanding)
-   Do not solicit people or make proposals to forum users, just answer questions and help with information
-   At our request, do spot checks on bounty participants to ensure compliance across platforms and Campaigns
-   “If you see something, say something” – The internet is big, and we can miss something! If you see a question or discussion that we’ve missed, message us!
-   Must comply with all forum rules

How to Join
-   Email marketing@openanx.org and explain a little about yourself and your experience (links to posts and your ID)
-   Wait for us to confirm that you have been Enrolled
-   Read the whitepaper and the FAQ and confirm your understanding!



Bounty Program Terms and Conditions

The decisions made by Open ANX Foundation Limited (the “Foundation”) are final and binding. The Foundation reserves the right to accept or reject any new participants during or after token launch. Be sure to read all terms and conditions before sending us any submission. If you send us a submission for this bounty program, you are agreeing to these terms. If you do not want to agree with these terms, do not send us any submissions or otherwise participate in this bounty program.

Terms and Conditions of the Bounty Program

•   You are confirming that you are at least 18 years of age and have full capacity to accept these terms
•   You are confirming the details you submitted are true and accurate
•   You acknowledge that if you accept your bounty, you are solely responsible for all applicable taxes related to accepting the bounty and any required reporting obligations
•   You agree the Foundation will be required to perform know-your-customer (KYC) and anti-money laundering (AML) on any amounts above a threshold of 6,666 tokens before they are awarded.
•   You acknowledge that you may not designate someone else as the bounty recipient unless you notify the Foundation in writing
•   You acknowledge that you must use proper language in all publicity materials
•   You acknowledge and agree to take all commercially reasonable measures to ensure that the goodwill and reputation of the Foundation is preserved and protected
•   You acknowledge and agree that you shall, on demand, indemnify, defend and hold the Foundation and their respective directors, officers, employees and agents, harmless against all claims, demands, actions or proceedings which may be made against any of such persons, and all damages, liabilities, losses and costs (including, without limitation, legal fees), which any of such persons may suffer or incur, directly or indirectly, in whole or in part in relation to this bounty program resulting from your misrepresentations (wherever fraudulent, reckless or negligent), negligence, fraud, misconduct or bad faith wherever it was wanton, intentional, reckless or negligent.

The Foundation has the absolution discretion to determine whether the bounty conditions have been met. Any disputes or claim arising out or in connection with the bounty program shall be be governed by and construed in accordance with the laws of Hong Kong Special Administrative Region.

Note: Any reward exceeding value of USD$5,000 (6666 OAX) must perform KYC to receive reward. We will contact you if such a situation arises



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June 01, 2017, 09:24:19 AM
 #3

Vietnamese translation reserved

bitJob                       ▄▄▄██████▄▄▄
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IIII
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Campaign manager and English to French translator


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June 01, 2017, 09:26:07 AM
 #4

Good project, good luck.
I reserve French translation.
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★Nitrogensports.eu★


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June 01, 2017, 09:26:26 AM
 #5

Reserving Hindi translation if needed


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June 01, 2017, 09:27:00 AM
 #6

Reserved for indonesian translation if needed sir


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June 01, 2017, 09:27:47 AM
 #7

Hey guys, I saw that they will be posting bounties later tonight or tomorrow.

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June 01, 2017, 09:28:12 AM
 #8

Hi, in case  there will be bounty for Russian translation and management, I would like to reserve it. Thank you

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June 01, 2017, 09:28:30 AM
 #9

20% for foundation and 20% for early backers is "little" too high for me (even with the lockouts).
The team looks impressive though - good luck with the project.
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June 01, 2017, 09:28:41 AM
 #10

Decentralized exchange has really big scope these days this topic going very hot. This project is looking very attractive so I will follow this thread for further updates and I hope you will offer some bounties to support this ICO.

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June 01, 2017, 09:28:50 AM
 #11

waiting bounty campaign sir

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June 01, 2017, 09:30:57 AM
 #12

Reserve indonesia translate
Great teammmm

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June 01, 2017, 09:31:28 AM
 #13

waiting bounty campaign sir

I saw on Twitter bounties is coming by the 2nd June
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June 01, 2017, 09:33:34 AM
 #14

This looks like a really interesting project. Any information on how much of the available tokens will be sold for?

20% for foundation and 20% for early backers is "little" too high for me (even with the lockouts).
The team looks impressive though - good luck with the project.

I agree, i like this project otherwise too, but those reserved amounts seem really high.

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June 01, 2017, 09:42:15 AM
 #15

They have tweeted out some videos today....

About the Project
https://www.youtube.com/watch?v=0sg7DsC6Ps4

What's unique about it?
https://www.youtube.com/watch?v=7OIOVlZv3ng
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June 01, 2017, 09:42:45 AM
 #16

This looks like a really interesting project. Any information on how much of the available tokens will be sold for?

20% for foundation and 20% for early backers is "little" too high for me (even with the lockouts).
The team looks impressive though - good luck with the project.

I agree, i like this project otherwise too, but those reserved amounts seem really high.

The breakdown is only 12% for founders, and 8% from early backers. The treasury 20% is locked for two years, and ear marked to reach the community; community outreach, relevant projects, and also token swap other other projects with synergy.

We dedicated some time to talking to other successful projects and getting their advise on the right mix. We were told several times keep a treasury section that you can use for "blood brother" coin swaps with synergistic projects to motivate the success of both.

Thanks for the question!

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June 01, 2017, 09:46:17 AM
 #17

Will this be chain agnostic? Or will we only be able to connect with ETH dex-es?

Is it able to communicate with other DEXes built on different chains and infrastructure such as Waves or Lisk, etc?
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June 01, 2017, 09:46:54 AM
 #18

very interesting project.. how much do you plan to raise for the ico? hope it's not just another money grab -_-

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June 01, 2017, 09:49:00 AM
 #19

Let me guess, you have no product right now?

So, throw a team together, put up some unicorn idea, raise funds with 0 product right now, seems like the in thing to do now huh
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June 01, 2017, 09:49:14 AM
 #20

interesting this project..
waiting bounty information

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