[ANN] - OAX Foundation

[bitvoyager]

BEWARE !!!





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Thanks for the info dude, but just to make i understand it correctly.
Did that mean somebody mentioned in the conversation is doing a bad thing about this coin isn't it?

Thanks for the reply, gerbas. He's just trying to steal the money from people.
I'd say the opposite. Scammers are always spinning around popular projects.
So, this is a confirmation of the fact that the openANX is very popular.  

[Gaman]

When will the tokens be released?  Will it be instantaneous as we contribute ETH?

[ANX Marketing]

Hi guys, 5 Days to Go!

We are busy working on getting everything in order, we'd like to thank everyone for all their support and interest. Technical white paper, sale summary sheet and other details now on the website, at www.openanx.org
Things are really heating up!

Get ready, it's gonna get crazy!

As has been mentioned, Twitter campaign is full, but we still have some tokens set aside for blog posts and articles on other sites. If you write something and share it, PM me with a link!

Good luck guys and have a great weekend!

[godda04]

Hi guys, 5 Days to Go!

We are busy working on getting everything in order, we'd like to thank everyone for all their support and interest. Technical white paper, sale summary sheet and other details now on the website, at www.openanx.org
Things are really heating up!

Get ready, it's gonna get crazy!

As has been mentioned, Twitter campaign is full, but we still have some tokens set aside for blog posts and articles on other sites. If you write something and share it, PM me with a link!

Good luck guys and have a great weekend!

Sounds great, exciting times ahead!

[king of china]

When will the tokens be released?  Will it be instantaneous as we contribute ETH?

use erc20should very quick distribute coin

[bitvoyager]

Hi dev, i want to know if there is any third-pary escrow for the ICO funds since i did not find in the whitepaper. Thank you!

Thanks for the interest to the OAX platform, nonlinearboy!

4.4 Restriction on the use of the funds

To remain in line with the spirit of the project’s open and transparent philosophy, all funds
shall be tracked and reported according to the Foundation’s guidelines. A custodian will
monitor the usage of the digital tokens and share it with the community periodically.

1. Financial planning and reporting
◦ The Foundation shall develop financial planning and review financial
performance of the previous quarter.

2. Digital tokens management
◦ The digital tokens belonging to the Foundation shall be managed by authorized
personnel. The security of digital tokens is ensured by multi signature
technology.

3. Digital wallet protocol
◦ The Foundation’s digital wallet shall be protected by a multiple signature
technology mechanism.

4. Disclosure
◦ On a regular basis, the Foundation shall disclose on the topics regarding
community matters, including status of development, operations, and the usage
of tokens, as well as whether the Foundation operates in accordance with the
governance policy

White Paper, page 17:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

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[yosir]

Hi dev, i want to know if there is any third-pary escrow for the ICO funds since i did not find in the whitepaper. Thank you!

Thanks for the interest to the OAX platform, nonlinearboy!

4.4 Restriction on the use of the funds

To remain in line with the spirit of the project’s open and transparent philosophy, all funds
shall be tracked and reported according to the Foundation’s guidelines. A custodian will
monitor the usage of the digital tokens and share it with the community periodically.

1. Financial planning and reporting
◦ The Foundation shall develop financial planning and review financial
performance of the previous quarter.

2. Digital tokens management
◦ The digital tokens belonging to the Foundation shall be managed by authorized
personnel. The security of digital tokens is ensured by multi signature
technology.

3. Digital wallet protocol
◦ The Foundation’s digital wallet shall be protected by a multiple signature
technology mechanism.

4. Disclosure
◦ On a regular basis, the Foundation shall disclose on the topics regarding
community matters, including status of development, operations, and the usage
of tokens, as well as whether the Foundation operates in accordance with the
governance policy

White Paper, page 17:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

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Hi,

follow up question

Who are members of Foundation and who is custodian? (names that can be checked and verified, not generic title)

Thanks

[nonlinearboy]

Hi dev, i want to know if there is any third-pary escrow for the ICO funds since i did not find in the whitepaper. Thank you!

Thanks for the interest to the OAX platform, nonlinearboy!

4.4 Restriction on the use of the funds

To remain in line with the spirit of the project’s open and transparent philosophy, all funds
shall be tracked and reported according to the Foundation’s guidelines. A custodian will
monitor the usage of the digital tokens and share it with the community periodically.

1. Financial planning and reporting
◦ The Foundation shall develop financial planning and review financial
performance of the previous quarter.

2. Digital tokens management
◦ The digital tokens belonging to the Foundation shall be managed by authorized
personnel. The security of digital tokens is ensured by multi signature
technology.

3. Digital wallet protocol
◦ The Foundation’s digital wallet shall be protected by a multiple signature
technology mechanism.

4. Disclosure
◦ On a regular basis, the Foundation shall disclose on the topics regarding
community matters, including status of development, operations, and the usage
of tokens, as well as whether the Foundation operates in accordance with the
governance policy

White Paper, page 17:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

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Thank you very much. I am sorry I did not read the latest version of the whitepaper. The escrow is good enough.

[bitvoyager]

Hi dev, i want to know if there is any third-pary escrow for the ICO funds since i did not find in the whitepaper. Thank you!

Thanks for the interest to the OAX platform, nonlinearboy!

4.4 Restriction on the use of the funds

To remain in line with the spirit of the project’s open and transparent philosophy, all funds
shall be tracked and reported according to the Foundation’s guidelines. A custodian will
monitor the usage of the digital tokens and share it with the community periodically.

1. Financial planning and reporting
◦ The Foundation shall develop financial planning and review financial
performance of the previous quarter.

2. Digital tokens management
◦ The digital tokens belonging to the Foundation shall be managed by authorized
personnel. The security of digital tokens is ensured by multi signature
technology.

3. Digital wallet protocol
◦ The Foundation’s digital wallet shall be protected by a multiple signature
technology mechanism.

4. Disclosure
◦ On a regular basis, the Foundation shall disclose on the topics regarding
community matters, including status of development, operations, and the usage
of tokens, as well as whether the Foundation operates in accordance with the
governance policy

White Paper, page 17:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

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

Hi,

follow up question

Who are members of Foundation and who is custodian? (names that can be checked and verified, not generic title)

Thanks

Thanks for the interest to the OAX platform, yosir!
You can read about Membership here:
5.2 Membership - White Paper, page 18 and
4 The Foundation and Governance - White paper, page 16  
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

About custodian, i think this will be a well-known and respectable person(s)/organization(s)
I'll ask the team, and will come back with the answer, when there will be updates on this question.  

[bitvoyager]

1. Tell us about openANX
Hugh Madden discusses the basic concepts behind openANX, the scope of the project. Shot in Hong Kong in May 2017.

Watch the video:
https://www.youtube.com/watch?v=ykakM56xvvc&t=1s

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[Quantumplation]

NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.

[bitvoyager]

Do you know if the people that participate in the campaigns or the people that participate in the ICO will have to use the ANX exchange or will there be other Bitcoin exchanges that allow trading for the OAX coin?
People won't really want to use KYC for large transactions when they are on the go.

Thanks.

Thanks for the questions, Quantumplation  

The OAX will be traded on some exchanges after the Token Sale:

https://openanx.slack.com/archives/C4R527SJC/p1497676159189007
https://www.reddit.com/r/OpenANX/comments/6f1pb9/what_date_will_the_token_be_tradeable_on_exchanges/

"People won't really want to use KYC for large transactions when they are on the go" - i'll pass your opinion to the team

Here are some thoughts on this theme from the OAX representatives:
https://openanx.slack.com/archives/C4R527SJC/p1497573785973597
https://www.reddit.com/r/OpenANX/comments/6gwb72/why_is_tokenizing_fiat_been_such_a_challenge/

[bitvoyager]

When will the tokens be released?  Will it be instantaneous as we contribute ETH?

use erc20should very quick distribute coin

Thanks for the interest to the OAX platform, Gaman and king of china!

You can find all the answers at the Token Sale Summary Sheet:
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf


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[bitvoyager]

openANX’s Multiple Asset Gateways

... The benefits of the openANX Asset Gateway system are numerous. It provides competition in the form of multiple Asset Gateways,
giving users the option of choosing based on their needs and preferences. By providing relevant, transparent information with
multiple Asset Gateways competing against each other, openANX truly hopes to create an open and fair ecosystem for its users ...

Read the full article on Medium:
https://medium.com/@OAX_Foundation/openanxs-multiple-asset-gateways-378081fddd41


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[rz20]

Hey, what day of the week you guys check whether participants had completed required 10 post or not?

[bitvoyager]

4 days left to the Start of the OAX Token Sale

The OAX Token sale will launch on June 22nd.
To keep up-to-date on developments and announcements as they happen,
please join our mailing list on the site:

English: https://www.openanx.org/en/
Chinese: https://www.openanx.org/sc/

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[yosir]

Hi dev, i want to know if there is any third-pary escrow for the ICO funds since i did not find in the whitepaper. Thank you!

Thanks for the interest to the OAX platform, nonlinearboy!

4.4 Restriction on the use of the funds

To remain in line with the spirit of the project’s open and transparent philosophy, all funds
shall be tracked and reported according to the Foundation’s guidelines. A custodian will
monitor the usage of the digital tokens and share it with the community periodically.

1. Financial planning and reporting
◦ The Foundation shall develop financial planning and review financial
performance of the previous quarter.

2. Digital tokens management
◦ The digital tokens belonging to the Foundation shall be managed by authorized
personnel. The security of digital tokens is ensured by multi signature
technology.

3. Digital wallet protocol
◦ The Foundation’s digital wallet shall be protected by a multiple signature
technology mechanism.

4. Disclosure
◦ On a regular basis, the Foundation shall disclose on the topics regarding
community matters, including status of development, operations, and the usage
of tokens, as well as whether the Foundation operates in accordance with the
governance policy

White Paper, page 17:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

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

Hi,

follow up question

Who are members of Foundation and who is custodian? (names that can be checked and verified, not generic title)

Thanks

Thanks for the interest to the OAX platform, yosir!
You can read about Membership here:
5.2 Membership - White Paper, page 18 and
4 The Foundation and Governance - White paper, page 16  
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

About custodian, i think this will be a well-known and respectable person(s)/organization(s)
I'll ask the team, and will come back with the answer, when there will be updates on this question.  

Thank you for your answer but I afraid you "missed" the point of my question (or maybe I did not understood you correctly).
"The Foundation will establish an association consisting of members of the openANX ecosystem" (no names here neither)

Will glad to have answer to my question about foundation and also custodian in near future. I think this is a "must have" knowledge (BEFORE ICO starting) in order to make descision.

Thanks

[bitvoyager]

"The Foundation will establish an association consisting of members of the openANX ecosystem" (no names here neither)

Will glad to have answer to my question about foundation and also custodian in near future. I think this is a "must have" knowledge (BEFORE ICO starting) in order to make descision.

Thank you for the interest to the OAX platform and for the really important question, yosir!

I passed the question to the team, and you'll be the first to know the answer.  

[bitvoyager]

3.5 The openANX User Journey

White Paper, Page 14:
https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf

Check the full "Project Deck" on the site:
https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf


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[bitvoyager]

What's unique about openANX?

Hugh Madden, Project CTO discusses how openANX is unique and where he sees the project making a difference

Watch the video:
https://www.youtube.com/watch?v=DSfKuEYshTc&t=1s

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