[ANN] - OAX Foundation

[|Admiral|]

My best investment after BTC.

[1714032411]

1714032411

[1714032411]

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[shenjing85]

I am so upset that did not buy this token when the price was 0.4$. It seems to me that we will not see cheap OAX never more.

the best time to buy OAX is when the price was 0.4$.
and the second best time is now.

Agreed. $5+ incoming when people realize who's backing the project.

Who is backing the project? DO you know? Do you mean some big whales or some famous advisors? Why not tell us and maybe I will buy some OAX immediately.

[bitvoyager]

I am so upset that did not buy this token when the price was 0.4$. It seems to me that we will not see cheap OAX never more.

the best time to buy OAX is when the price was 0.4$.
and the second best time is now.

Agreed. $5+ incoming when people realize who's backing the project.

Who is backing the project? DO you know? Do you mean some big whales or some famous advisors? Why not tell us and maybe I will buy some OAX immediately.

Hello, shenjing85! You may check advisors at https://www.openanx.org/en/ - TEAM

Some most well-known:

Peter Smith - CEO & Co-Founder of Blockchain (https://blockchain.info/), a financial technology and data company that has empowered millions of users across the globe to store and transact digital value quickly and without costly intermediaries. Under his leadership, Blockchain has become the market leader in digital currency and distributed ledger technology. By 2016, Blockchain’s software has powered over 100M transactions around the world.

Chandler Guo - Angel investor and adviser in Bitcoin and blockchain startups. His BitAngel (http://www.bitangel.com/) have invested in over 30 companies.

Bok Khoo - Ethereum Dev BEc, AIAA, Director and Consultant is an Actuary and quantitative software developer with over 28 years of industry experience. 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.

[Sara85]

So, the only  use of the token is that it can ba exchanged for membership in some organisation? Is that it? Doesn't sound too attractive.

[olcaytu2005]

Well if we look at the $ cost we can say this was one of the more profitable ICO's... But I think it has to catch its Ethereum price.

When are the due dates of alpha release? Is there any place we can screen the code action?

[AltcoinScamfinder]

This one is headed to the moon over the weekend. Wouldn't be surprised if we go 150-200% from here.

[AltcoinScamfinder]

By the way, how can I send the tokens out of my ICO Ethereum address. I want to move it but mew is giving me excecution problems?

[|Admiral|]

Selling 4381 OAX for eth...Contact me.
Not trading of liqui because I think they are not instant like polo and bittrex and takes days for them to respond to requests.

[bcsuisse]

great 60% today. token is now 2x of Ico price. great for everybody who didn't sell too early and held their tokens

[bitvoyager]

So, the only  use of the token is that it can ba exchanged for membership in some organisation? Is that it? Doesn't sound too attractive.

Hello, Sara85. Thank you for the question. I answered some time ago.)

Thanks for the question, adu1t!

Just go to the White Paper and CTRL+F - search "token".    

Page 18 - 5.1 Uses of OAX Tokens

"OAX is a token that can be exchanged for memberships in the DAO and/or its association.
Members will be entitled to certain privileges, including but not limited to voting privileges
on major operational decisions relating to the openANX platform."

Most valuable information that I found there is:
Members  are  not entitled  to  any  economic  rights  of  the  Foundation  at  any  time and  Memberships  do not entitle the holder to any distribution of profits nor any claim on any assets.

Everything else is just a bla-bla-bla, voting  privileges, bla-bla-bla, voting  privileges.
Who need these voting privileges on YOUR platform for such of money? People need profit, but you sell them pure air

Agreed, what a joke. I almost invested until I realized these tokens have next to no value.

Thanks for your opinion, guys!

1. "Members  are  not entitled  to  any  economic  rights" - Yes, you are right.  OAX token holders only get privileges of the memberships they own. It is not limited to only voting, ie: third party service provider membership grants ability to be service provider. Possibly something will be changed during the development, there are a lot of forces and deep minds are involved in the process and the platform just gets its final shape.

2. "People need profit", "no value" If you want to know if you'll make money if you'll invest, it's not something that the openANX team can talk about as staff. Ultimately, if people like the project idea, and can understand it now, they could get involved. Later, when a prototype will be able obviously there'll be more interest as people will be able to see what they're getting.

You can exchange OAX once it's tradable on exchanges ( July 29, or possibly earlier if the Token Sale will end sooner)

When the OAX platform will start to work there should be the increasing demand on Token and supply will be dwindling.
"The initial number of issued OAX Tokens is 100,000,000; as there is no planned
inflation, the number of outstanding tokens would be reduced over time as activity
on the openANX platform increases"
Project Deck, Page 23: https://www.openanx.org/en/assets/documents/openANX_Project%20Deck_ENU.pdf

The team is expecting that in the case of success the user base will grow exponentially. Nobody can predict the future though.
You can read more about the Metcalfe's law: https://en.wikipedia.org/wiki/Metcalfe%27s_law

The main aim of the openANX team once the Token Sale will be finished is to concentrate on building a consortium of companies and platforms to integrate,
and the team will do this with the huge passion.

Only you to decide to be involved on the early stage, or later when the working prototype will be released, or just stay an observer.  

[bitvoyager]

By the way, how can I send the tokens out of my ICO Ethereum address. I want to move it but mew is giving me excecution problems?

Hello, AltcoinScamfinder, have you registered on the site?
https://registration.openanx.org/

[bitvoyager]

Well if we look at the $ cost we can say this was one of the more profitable ICO's... But I think it has to catch its Ethereum price.

When are the due dates of alpha release? Is there any place we can screen the code action?

Hello, olcaytu2005, thank you for kind words!

Q2 2018 - openANX Prototype Release - https://www.openanx.org/en/#milestone

Here is the Token Smart Contract - https://github.com/openanx/OpenANXToken
I'll pass your question about code action to the techies and will return with the answer.

[AltcoinScamfinder]

By the way, how can I send the tokens out of my ICO Ethereum address. I want to move it but mew is giving me excecution problems?

Hello, AltcoinScamfinder, have you registered on the site?
https://registration.openanx.org/

Yep, registered, 2-factor and added crowdsale address.

[bitvoyager]

Selling 4381 OAX for eth...Contact me.
Not trading of liqui because I think they are not instant like polo and bittrex and takes days for them to respond to requests.

Hello, |Admiral|, you could check other options.
The OAX is trading on 4 exchanges now: AnxPRO, Liqui, EtherDelta and HitBTC
https://anxpro.com/    https://coinmarketcap.com/assets/openanx/#markets

[bitvoyager]

By the way, how can I send the tokens out of my ICO Ethereum address. I want to move it but mew is giving me excecution problems?

Hello, AltcoinScamfinder, have you registered on the site?
https://registration.openanx.org/

Yep, registered, 2-factor and added crowdsale address.

When have you registered, AltcoinScamfinder?
Have you got an email from OAX about "activation" of your tokens?
You have to wait until the verification process will go through all stages.
You may write to projectstallman@openanx.org. Possibly this will speed up the process.

[thenextstep]

awesome work devs!

[AltcoinScamfinder]

By the way, how can I send the tokens out of my ICO Ethereum address. I want to move it but mew is giving me excecution problems?

Hello, AltcoinScamfinder, have you registered on the site?
https://registration.openanx.org/

Yep, registered, 2-factor and added crowdsale address.

When have you registered, AltcoinScamfinder?
Have you got an email from OAX about "activation" of your tokens?
You have to wait until the verification process will go through all stages.
You may write to projectstallman@openanx.org. Possibly this will speed up the process.

Cool.  No stress though, I'm holding anyway. You just don't simply sell a company with that dev team and advisory board under $200 million market cap

[bitvoyager]

Cool.  No stress though, I'm holding anyway. You just don't simply sell a company with that dev team and advisory board under $200 million market cap

Hope everything will be alright to your "activation".
Nobody is going to sell the company in the coming months.) Take higher. It's a long term project.

[bitvoyager]

Binance will add OAX/ETH trading pair next week

https://www.binance.com/
https://binance.zendesk.com/hc/en-us/articles/115001175111
https://twitter.com/binance_2017/status/898471523492569088

Welcome to our #trader channel on Slack:
https://join.slack.com/t/openanx/shared_invite/MjI2NTU1MjE0MDAzLTE1MDI3NjgyNzEtN2JmZDFiMjAxMQ


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[bitvoyager]

OAX in Top 90 on CMC! Change leader on Liqui!

https://liqui.io/#/exchange/OAX_ETH
https://coinmarketcap.com/assets/openanx/

Welcome to our #trader channel on Slack:
https://join.slack.com/t/openanx/shared_invite/MjI2NTU1MjE0MDAzLTE1MDI3NjgyNzEtN2JmZDFiMjAxMQ


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