[ANN] - OAX Foundation

[automaticmoney]

hopefully, with  this clarity about rumor partnership, we can expect the price gets stability and expect a pump

[1715652898]

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[1715652898]

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[Svitan]

OAX is a pump and dump shit coin, lagging behind other crypto in both bull and bear market.

Only stupid guy will buy the coin and hold it for long term.


Nearly 2 years have passed. Apart from the 70% loss from the ICO price, what else did OAX give the token holders?

Don't tell us that you have been working hard and had achieved so many things.  The token price shows that you are just blowing horn and what you have done is of no value and totally not accepted by the market.

You should know that the token holder is not Amanda Liu, or other OAX staff , who can get a high salary or even bonus from the ICO funding even if failed in the project.  Token holder can only benefit from the rise in token price.  Understand?
,

[bakasabo]

Nearly 2 years have passed. Apart from the 70% loss from the ICO price, what else did OAX give the token holders?

Free token airdrop in January/February Isnt that enough?
Also, you could easily double or triple you amount of tokens during falling market, get a huge free airdrop and sell it with profit on the pumd during previous 1-2 weeks.

[AsiaNexgen]

         
         (Photo credit: Shutterstock)


         Hi everyone,

         Please Like, Comment, Share!



         OAX Foundation's Layer2 solution could help further Hong Kong’s goal of becoming a FinTech hub with
         HKMA's recent licensing of virtual banks.

         

More here:
         http://bit.ly/2K6I3jI


         

#Open

         #Transparent
         
#Decentralized
         
#HoldYourOwnKeys


         twitter:
         https://twitter.com/OAX_Foundation/status/1113818681983639552

         Reddit:
         https://www.reddit.com/r/OpenANX/comments/b9dsws/oax_foundations_layer_2_solution_could_help/

         LinkedIn:
         https://www.linkedin.com/feed/update/urn:li:activity:6519584407039381504

         Join Our Discord!
         discord.gg/ZH5YHkb








         

         Hi everyone,

         Please Like, Comment, Share:

         2019 is dubbed the year of STOs with mainstream recognition from both the US SEC and HK’s SFC
         issuing relevant statements providing token classification and investor guidance.

         Read more here:
         http://bit.ly/2uWFK8q

         Twitter:

         https://twitter.com/OAX_Foundation/status/1115615485859467264

         Reddit:
         https://www.reddit.com/r/OpenANX/comments/bb8a4n/2019_is_dubbed_the_year_of_stos_with_mainstream/

         LinkedIn:
         https://www.linkedin.com/feed/update/urn:li:activity:6521381492420120576

         #Open
         #Transparent
         #Decentralized
         #HoldYourOwnKeys

[Daltonik]

Binance wall for the purchase of almost 2,850,000 OAX   

[BtcMan2009]

I think this is just a correction. First it was pumped to +130%, but now it is only dropped by 33% as you say.
Lets wait for few more days and see if it goes back to Mondays price.

I think we should just follow the waves. One wave moves to another during the rise or fall. And in many coins it is very well seen. 

[bakasabo]

Binance wall for the purchase of almost 2,850,000 OAX   

I wonder if this order was fully filled? Cant see it now. Did someone traced this order?

[AsiaNexgen]

         

         OAX Foundation believes that our operating principles of being open, transparent, and decentralized
         will herald the golden age of digital asset trading!

         More here on our Medium blog:
         http://bit.ly/2IrkSyI

[Sy]

I think this is just a correction. First it was pumped to +130%, but now it is only dropped by 33% as you say.
Lets wait for few more days and see if it goes back to Mondays price.

I think we should just follow the waves. One wave moves to another during the rise or fall. And in many coins it is very well seen. 

IMO
With BTC going up I think we might see the price going a bit lower against BTC  because most people will like to have as many BTC as possible before the mega pump.

[|Admiral|]

I think this is just a correction. First it was pumped to +130%, but now it is only dropped by 33% as you say.
Lets wait for few more days and see if it goes back to Mondays price.

I think we should just follow the waves. One wave moves to another during the rise or fall. And in many coins it is very well seen. 

IMO
With BTC going up I think we might see the price going a bit lower against BTC  because most people will like to have as many BTC as possible before the mega pump.

Exactly, it is and that's why almost all altcoin will drop their price for a while but not need to be worried about. Soon it will recover their price.

[soixantedix]

Cheers guys, OAX published an article about their view on the current digital asset ecosystem and to help bring it to the mainstream. What do you think about it. I like the "need organizations like ours more than ever before."
https://medium.com/@OAX_Foundation/moving-digital-asset-trading-to-the-mainstream-8b5e9986fa0e

[AsiaNexgen]

         

         OAX Foundation General Counsel Paul Li quoted in the latest South China Morning Post article:
         
         “You only own digital assets if you own your private keys.”
         
         reflecting our firm belief in the benefits of a trustless platform for digital assets.

         http://bit.ly/2PqLalk

         #Open
         #Transparent

         #Decentralized

         #HoldYourOwnKeys
         #Trustless

[Svitan]

According to coinmarketcap.com, the circulating supply of OAX has increased sharply to 69,359,674, which is more than 100% increase from about 30,000,000 right after the recent airdrop.

What is the reason for such a big increase?  In what way was the 40 million token distributed?  Why no announcement from OAX ?

WITH A SUDDEN LARGE INCREASE IN THE SUPPLY OF OAX,  THE PRICE WILL DROP SHARPLY VERY SOON !!!!!

[AsiaNexgen]

According to coinmarketcap.com, the circulating supply of OAX has increased sharply to 69,359,674, which is more than 100% increase from about 30,000,000 right after the recent airdrop.

What is the reason for such a big increase?  In what way was the 40 million token distributed?  Why no announcement from OAX ?

WITH A SUDDEN LARGE INCREASE IN THE SUPPLY OF OAX,  THE PRICE WILL DROP SHARPLY VERY SOON !!!!!

         Hi Svitan,

         Please accept out apologies for the delay in replying.

         This is an update that we've been requesting be made on the CoinMarketCap website for some time now (note that CMC can take upwards of 6 months to update such data,
         and has its own specific methods of token supply calculation).

         The increase in the market cap is NOT the result of an additional sale.

         If you refer to the white paper, you'll see that we have tranches of coins which are locked for different periods (1 year and 2 years).
         The updated figures reflect the airdrop and the fact that various portions of coins have now been unlocked as per the white paper and CMC's own approach to token supply calculation.

         Here's an overview of how the number of tokens is made up of:

         25M (first sale)
         +
         5M (airdrop)
         +
         14M (advisor coins unlocked after 1st yr, June 2018)
         +
         30M (additional token sale which never happened but are unlocked and in the Foundation Treasury)
         
         gives us 74M total but CMC has their own way of calculating and came up with the 69M you see now.

         The outstanding 26M (according to our calculations, not CMC's) will be unlocked this coming June 22, 2019.


         Thank you for supporting OAX!

[Scambusterz]

OAX deserves a way better price than this. It will moon for sure. Buy while you can get it at low price.it only worth 26 cents...😊

I remember when this coin was worth almost 2 dollars. and I have not sold it. now it costs almost 10 times cheaper, but I believe that the price will return to maximum values.

[bakasabo]

OAX deserves a way better price than this. It will moon for sure. Buy while you can get it at low price.it only worth 26 cents...😊

I remember when this coin was worth almost 2 dollars. and I have not sold it. now it costs almost 10 times cheaper, but I believe that the price will return to maximum values.

It sure will, but I doubt that the price will be 2 dollars. I think that even dex exchange release wont pump price to 2$. Only a high BTC price can pull OAX price over 1$.

[Svitan]

For those who have bought OAX, what is your target price?

I'm not selling anything under $50!

Curious to know whether you still hold OAX?

What is your feeling now? Feel being cheated by OAX ?

According to coinmarketcap.com, the circulating supply of OAX has increased sharply to 69,359,674, which is more than 100% increase from about 30,000,000 right after the recent airdrop.

What is the reason for such a big increase?  In what way was the 40 million token distributed?  Why no announcement from OAX ?

WITH A SUDDEN LARGE INCREASE IN THE SUPPLY OF OAX,  THE PRICE WILL DROP SHARPLY VERY SOON !!!!!

         Hi Svitan,

         Please accept out apologies for the delay in replying.

         This is an update that we've been requesting be made on the CoinMarketCap website for some time now (note that CMC can take upwards of 6 months to update such data,
         and has its own specific methods of token supply calculation).

         The increase in the market cap is NOT the result of an additional sale.

         If you refer to the white paper, you'll see that we have tranches of coins which are locked for different periods (1 year and 2 years).
         The updated figures reflect the airdrop and the fact that various portions of coins have now been unlocked as per the white paper and CMC's own approach to token supply calculation.

         Here's an overview of how the number of tokens is made up of:

         25M (first sale)
         +
         5M (airdrop)
         +
         14M (advisor coins unlocked after 1st yr, June 2018)
         +
         30M (additional token sale which never happened but are unlocked and in the Foundation Treasury)
         
         gives us 74M total but CMC has their own way of calculating and came up with the 69M you see now.

         The outstanding 26M (according to our calculations, not CMC's) will be unlocked this coming June 22, 2019.


         Thank you for supporting OAX!

Your answer is not clear enough to clarify our doubt
For the 14M advisor coin and the 26M outstanding coin, did they go.into the market? If yes, when, ; f no, what is the schedule.

[Scambusterz]

For those who have bought OAX, what is your target price?

I'm not selling anything under $50!

Curious to know whether you still hold OAX?

What is your feeling now? Feel being cheated by OAX ?

I personally hold this asset because I believe in its prospects. the price of this coin has fallen, not because this token is bad, but because the entire market is in decline.

[AsiaNexgen]

         


         OAX Foundation is delighted to announce the partnership with Blockpass IDN
         and move forward towards a healthy regulated environment for mainstream digital asset adoption!

         Read our partnership announcement here:

         http://bit.ly/2W7UDkk

         #Open
         
#Transparent

         #Decentralized

         #HoldYourOwnKeys

         #Trustless

[Scambusterz]

Partnership with Blockpass Today
https://coindar.org/en/event/oax-oax-partnership-with-blockpass-20232

This is great news! I congratulate the project team and community on new partnerships! The only pity is that the price did not respond to the news.