[ANN] - OAX Foundation

[rz20]

Been holding my tokens since the very first ICO and will continue holding until my target price is reached. I have faith in them.

What is your target price?

I have decided that once the price reaches $20 i will sell 1/3rd of my stash. After that, it will all depend on market condition.

Great progress on the exchange. I love seeing the development team working on this amazing project.

I have great hopes for openANX. the team behind the project is really good and know what they are doing.

[hardalisas]

Been holding my tokens since the very first ICO and will continue holding until my target price is reached. I have faith in them.

What is your target price?

I have decided that once the price reaches $20 i will sell 1/3rd of my stash. After that, it will all depend on market condition.

Great progress on the exchange. I love seeing the development team working on this amazing project.

I have great hopes for openANX. the team behind the project is really good and know what they are doing.

Me too. But it seems not so many people are interested in it, at least in bitcointalk.

[easyrimka]

I will follow now this project ( OAX )  , i follow all asian projects, it seems they are the more profesionnal and best at there jobs

[JohnDoe3490]

Yup this project is quiet. Hopefully, it will stay quiet until I accumulate enough coins LOL!

[rz20]

Been holding my tokens since the very first ICO and will continue holding until my target price is reached. I have faith in them.

What is your target price?

I have decided that once the price reaches $20 i will sell 1/3rd of my stash. After that, it will all depend on market condition.

Great progress on the exchange. I love seeing the development team working on this amazing project.

I have great hopes for openANX. the team behind the project is really good and know what they are doing.

Me too. But it seems not so many people are interested in it, at least in bitcointalk.

True that right now the community is not that big for openANX but once people start noticing the project it will turn huge.

[princehandsome]

Been holding my tokens since the very first ICO and will continue holding until my target price is reached. I have faith in them.

What is your target price?

I have decided that once the price reaches $20 i will sell 1/3rd of my stash. After that, it will all depend on market condition.

Great progress on the exchange. I love seeing the development team working on this amazing project.

I have great hopes for openANX. the team behind the project is really good and know what they are doing.

Me too. But it seems not so many people are interested in it, at least in bitcointalk.

True that right now the community is not that big for openANX but once people start noticing the project it will turn huge.

the progress of this project is getting better, the team that has managed this project does have a high skill. this coin is already widely listed on the market and the price for now just 1.10 USD. I think it's better to keep this coin until the middle of the year to get a satisfactory profit.

[semsyor]

Our second Working Group: development plans and regulatory policies

Last week we held our second Working Group meeting. For an overview of who’s in the Group and how they’re helping guide the success of the OAX project, take a look at our post about it last week Here.
Today, as promised, we want to give you a summary of the main areas discussed last week.

To start with, the Group heard a description of the project’s development progress over the last quarter. We’ve updated the community on much of this already (see our Development Update from a couple of weeks ago here), but we also discussed medium and longer term plans. This was a great chance to get feedback from industry leaders on how the technical aspects of the Project are evolving and confirm that we are focusing our time and resource in the best places. We will be continuing to make regular Development Updates to the community, so keep a look out here for the next one.

https://medium.com/@OAX_Foundation/our-second-working-group-development-plans-and-regulatory-policies-e01561de2e36

[bitvoyager]

Our second Working Group: development plans and regulatory policies

Last week we held our second Working Group meeting. For an overview of who’s in the Group and how they’re helping guide the success of the OAX project, take a look at our post about it last week here. Today, as promised, we want to give you a summary of the main areas discussed last week.

To start with, the Group heard a description of the project’s development progress over the last quarter. We’ve updated the community on much of this already (see our Development Update from a couple of weeks ago here), but we also discussed medium and longer term plans. This was a great chance to get feedback from industry leaders on how the technical aspects of the Project are evolving and confirm that we are focusing our time and resource in the best places. We will be continuing to make regular Development Updates to the community, so keep a look out here for the next one.

As you know, getting the development side of things right is crucial to the success of the project. But so too is ensuring our regulatory standards are world class. That’s why we chose to focus the second part of the session on looking at anti-money laundering (AML), know your customer (KYC) and
counter-terrorist financing (CTF) policies.

From the outset we’ve built the OAX project on principles of transparency and strong governance. AML, KYC and CTF are a core part of that — as they should be throughout the crypto industry. Having robust policies and standards in place will ensure the long term success of the project and the industry as a whole.

Read the full article on Medium:
https://medium.com/@OAX_Foundation/our-second-working-group-development-plans-and-regulatory-policies-e01561de2e36


WEBSITE - OAX ON EXCHANGES - NEW BOUNTY PROGRAM - PROJECT DECK - WHITE PAPER - TECH WHITE PAPER - TEAM  
SLACK - TELEGRAM - FACEBOOK - TWITTER - REDDIT - LINKEDIN - GOOGLE+ - MEDIUM - YOUTUBE - STEEMIT - GOLOS

[bitvoyager]

Meanwhile 

The attempt to build a Meritokratie on Bitcointalk
https://de.wikipedia.org/wiki/Meritokratie

Original post by theymos
https://bitcointalk.org/index.php?topic=2818350.0

Russian-language thread:
https://bitcointalk.org/index.php?topic=2818398.0

[hardalisas]

It is weird that it is so quiet here.
Shouldn't this project have a huge community?

[yvesmarquez11]

very interesting project.. how much do you plan to raise for the ico?

[Xandan]

The understandable reason for this silence here is team is currently on various aspects of project which can be imagined from summary released few posts above. This project needs lot of time to make sure of everything which they have expressed to make thing transparent and clear like day. We still have to wait few months.

[bitvoyager]

very interesting project.. how much do you plan to raise for the ico?

Hello yvesmarquez11,
Thanks for the interest to the project!
The 1st Token sale have been succesfully finished in July. $18 have been raised.
The 2nd Token sale will be possibly held somewhere in the future.
You can learn more about OAX platform here: http://bit.ly/OAX_Project_Deck

[bitvoyager]

Appointment of General Counsel

Today we’re pleased to announce the appointment of Paul Li as General Counsel to the OAX Foundation, marking an important stage
in the development of our legal and regulatory function.

Paul was previously in the Financial Regulation Group at Linklaters in Hong Kong. Here, he advised his clients on a wide variety of matters
concerning compliance with local and international regulatory requirements, corporate transactions and the licensing of financial services businesses.
He also brings with him experience of working with international regulators on investigations at both retail and institutional firms.

Transparency and governance are core parts of the OAX project. As we updated the community last week, at our recent Working Group session here,
the members spent much of their time discussing approaches to anti-money laundering, know your customer and counter-terrorist financing policies.
Getting the governance right in these, and all other regulatory, areas is crucial to ensuring the acceptance and successful adoption of our platform.
Paul’s experience working across international regulatory environments will help us achieve this goal.

Read the full article on Medium:
https://medium.com/@OAX_Foundation/appointment-of-general-counsel-c2d25e9aeb8e


WEBSITE - OAX ON EXCHANGES - NEW BOUNTY PROGRAM - PROJECT DECK - WHITE PAPER - TECH WHITE PAPER - TEAM  
SLACK - TELEGRAM - FACEBOOK - TWITTER - REDDIT - LINKEDIN - GOOGLE+ - MEDIUM - YOUTUBE - STEEMIT - GOLOS

[necromastery]

very interesting project.. how much do you plan to raise for the ico?

Hello yvesmarquez11,
Thanks for the interest to the project!
The 1st Token sale have been succesfully finished in July. $18 have been raised.
The 2nd Token sale will be possibly held somewhere in the future.
You can learn more about OAX platform here: http://bit.ly/OAX_Project_Deck

Umm, so there is 2nd round of token sale. Do you have a plan to convert the old OAX to the new OAX token during 2nd sale? I wanted to see something new with the new price.

[standards]

OAX is now under 1 USD, which is really cheap in my perspective.
When will be the next major announcement?

[ImGenius]

OAX is now under 1 USD, which is really cheap in my perspective.
When will be the next major announcement?

cheap means its a good buy,

honestly, OAX is oen of the projects that i really admire most. they are very active and take note, they never missed to update us on whats going on.

thats why i belived that OAX might even go beyond 5$.

[Svitan]

I still do not know the relationship between the OAX price and the decentralized project being developed, except that there is an ICO last year to sell OAX at US$0.75 to raise funding for the project.

Even if the project will succeed,  it seems that users do not need to buy OAX as a criteria to enter the platform, nor the company will pay us dividend for the profit, if any, they got from the operation of the platform.

Can anyone enlighten me the relationship between beteeen yhe OAX price and the project?

[bitvoyager]

I still do not know the relationship between the OAX price and the decentralized project being developed, except that there is an ICO last year to sell OAX at US$0.75 to raise funding for the project.

Even if the project will succeed,  it seems that users do not need to buy OAX as a criteria to enter the platform, nor the company will pay us dividend for the profit, if any, they got from the operation of the platform.

Can anyone enlighten me the relationship between beteeen yhe OAX price and the project?

Hi Svitan,

You can find more information about the use of the OAX Token in WP, pages 18-19 > http://bit.ly/OAX_WP_En

About price and project, the OAX Token model is deflational, more detailed info in the Project Deck, pages 22-23 > http://bit.ly/OAX_Project_Deck

[Dvd1989]

OAX is now under 1 USD, which is really cheap in my perspective.
When will be the next major announcement?

Well in OAX's defense: everything is cheap at the moment. This is no OAX' fault in my opinion. I've seen rock solid projects falling to the price of the ICO, while being at x12 at some point. This crazy crash just destroys profits.

OAX has always been a long term hold. I've been in OAX since the ICO and did not expect anything real before Q1. Therefore, I'm giving them my time until the end of Q1. No change by then? I'll probably sell

Just don't blame projects for low prices during a bear market.