[ANN] - OAX Foundation

[AsiaNexgen]

What an interesting first month of 2024 it's been! 🚀 So much has already happened in the space, with different developments and industry headlines.

One of the biggest highlights of 2024 has definitely been the approval of the Spot Bitcoin ETFs, which we'll be covering in a 3-part series. 📈 #HongKong regulators continue to show support for the space, unveiling a three-year plan that focuses on expansion of the SFC into the virtual assets ecosystem. 🌍

Read our first Community Update of the year here: https://bit.ly/OAXJan24CommunityUpdate

Join us and stay subscribed to us across all channels for all our latest insights - stay tuned for more! 🙂

[AsiaNexgen]

Hi community members 👋

As promised, we've released part 2 of our 3-part series on Bitcoin ETFs. 🌐

In the first writeup, we dived into the positive aspects of the Bitcoin ETF and its beneficial implications on the ecosystem at large, but in our second piece we look into the other side of the coin. 📊
There are certain different viewpoints and concerns on Bitcoin ETFs - such as considering the benefits of owning your own Bitcoin instead - and it's crucial for us to explore all narratives so the community will be presented a more wholesome picture. ✅

Link to our latest writeup: https://bit.ly/OAXPart2BitcoinETF

Stay tuned for Part 3! 🙂🚀

[AsiaNexgen]

With only 57 days to go 'til the much-anticipated #BitcoinHalving, we dive into the excitement surrounding the event in our latest writeup. 🚀

Read now ➡️ https://bit.ly/OAXBtcHalving

It's definitely important for anyone interested in this space to understand what is the Bitcoin Halving, its potential implications and impact to the ecosystem. 🌐

Are you looking foward to the Bitcoin Halving? Discuss below! 🙂

[AsiaNexgen]

With lots of positive developments and growth in the blockchain ecosystem, we're excited to dive deeper into a new sector: the DePIN space. 🌐

DePIN, which stands for Decentralized Physical Infrastructure Networks has been showcasing impressive momentum in 2024, with its market cap surging from $10billion to $25billion. 📈

But what exactly is DePIN and what makes this sector compelling? We've put together an useful 101 along with examples on DePIN in our latest writeup: https://bit.ly/OAXDePIN 😉

What do you think is in store for the DePIN space in the coming year and beyond? Let's discuss! 🚀

[AsiaNexgen]

So much hype surrounding meme coins with the recent bullish market outlook, especially meme tokens within the Solana ecosystem! 🌐

In our latest writeup, we dive into factors that may have caused the recent resurgence of the #memecoin wave, different chains and a few considerations for the trend. 📈

Link to read ➡️ https://bit.ly/OAXMemeCoinMania

It's important to also note that meme tokens are speculative in nature; while it's definitely an exciting opportunity for the community at large, best to always DYOR and and approach this trend with a rational lens. 🙂

[AsiaNexgen]

What an amazing month it's been for the crypto space! 🔥

While we've seen some corrections in the market, it's still a great sign to end the month close to the previous ATH. 🥳 With less than a month to go for the Bitcoin halving event, there's certainly a lot of eyes and excitement on the ecosystem. 🌐

Memecoins has also been on the rise - a phenomenon we've covered earlier in the month. 📈 

Are you excited about April '24? 😉 We certainly are! In the meantime, read our March community updates ⬇️

https://bit.ly/OAXMarch24Community

[AsiaNexgen]

Hi community members,

As promised, Part 3 of our 3-part series on Spot Bitcoin #ETFs in the ecosystem is live ➡️ https://www.oax.org/2024/04/10/Part-Three-of-Spot-Bitcoin-ETFs-Highlights.html

The latest in the series highlights recent Spot #Bitcoin ETF updates, Grayscale's significant contribution to net outflows and future additional approvals and adoption from other big players in the industry. 🌐

And that concludes our 3-part series on Spot Bitcoin ETFs - did you enjoy part one and two as well? 🙂 But that's not all - Stay tuned for future highlights on the space on our social media channels, we'll continue to drop insights on developments in the space! 😉

[AsiaNexgen]

The Base ecosystem is certainly growing, but will the infrastructure sustain its momentum? 🚀

We've previously highlighted Base before, but today we'll be going into more detail and depth. Recently, Base has underwent a remarkable growth marking over 4.75 million transactions and 400k signups in just a month alone. 📈

The growth is partially attributed to the hype of memecoins - with some focus of traders shifting from #Solana to Base. In this latest writeup, we dive deeper into the rise of Base, its potential, concerns and upcoming growth trajectory.

Link: https://www.oax.org/2024/04/22/Key-Highlights-of-the-Base-Ecosystem.html

Where do you see Base heading post Bitcoin Halving throughout the rest of the year? 🙂 Feel free to discuss below! ⬇️

[Mate2237]

Op please can you tell me more in this gemnastic (big) project because when I checked the website https://www.oax.org/ of the project, I couldn't understand the particular area it is focusing. It is talking about different things for me. It talks about decentralized exchanges and also it token has been listed in Binance and I like the if it is a decentralized exchange then it should do well to list it own token on it exchange why in another Centralized Exchanges? Well probably it is for market strategy.

But really what is the project for because the website doesn't look like a DEX. Let me know and if something I can use.

[AsiaNexgen]

Op please can you tell me more in this gemnastic (big) project because when I checked the website https://www.oax.org/ of the project, I couldn't understand the particular area it is focusing. It is talking about different things for me. It talks about decentralized exchanges and also it token has been listed in Binance and I like the if it is a decentralized exchange then it should do well to list it own token on it exchange why in another Centralized Exchanges? Well probably it is for market strategy.

But really what is the project for because the website doesn't look like a DEX. Let me know and if something I can use.

Hello!
We are a Foundation focused on nurturing the Digital Assets ecosystem via various initiatives, such as our Grant program, industry writeups and insights, previous research papers and more. We are currently also supporting Notifs App - an intuitive AI-driven digital assets token tracker mobile app. More plans are in the pipeline, please stay tuned for official updates.

You are welcome to join us on Telegram or our other channels to discuss our project and ecosystem further.

[AsiaNexgen]

What a truly exciting month for the digital assets space! 🤩

There was the milestone of the Bitcoin Halving earlier in the month and just today - Hong Kong has officially debuts Spot Crypto ETF trading! 🇭🇰🎉  Six spot Bitcoin and Ethereum exchange traded funds (ETFs) have just launched today, offering Asian investors more exposure to digital assets. 🌐

Read our recap of the month in our April community updates here ➡️ https://www.oax.org/2024/04/30/April-2024-Community-Updates.html

In our own updates, we've also newly launched our Instagram page 😉 we hope to bring you more fun & informational snippets of the ecosystem, remember to follow us ➡️ http://www.instagram.com/oax_foundation

Here's to hopefully another great month ahead! 🥳

[Mate2237]

Hello!
We are a Foundation focused on nurturing the Digital Assets ecosystem via various initiatives, such as our Grant program, industry writeups and insights, previous research papers and more. We are currently also supporting Notifs App - an intuitive AI-driven digital assets token tracker mobile app. More plans are in the pipeline, please stay tuned for official updates.

You are welcome to join us on Telegram or our other channels to discuss our project and ecosystem further.

Okay that is nice. There is another foundation company which is meant to produce hardware wallet to store Bitcoin. So at first I thought it is from that company or community and that was I was somehow confused of the name OAX because the one I am referring is mainly for passport wallet and it is self custodial wallet which the owner control the coins in the wallet. It is pure a decentralized system to protect Bitcoin and your features are like that one too.

Well I will visit your telegram to know more. Thank.

[AsiaNexgen]

Hey community members 👋

With the recent completion of the much-anticipated Bitcoin halving event, we're diving into the world of Bitcoin Layer 2 Solutions. ✅ We'll take a look at implications from the recent #halving, how these Layer 2 solutions can contribute to the industry's growth and even the challenges that potentially lie ahead for the space.

Read now ➡️ https://www.oax.org/2024/05/10/Exploring-Bitcoin-Layer-2-Solutions.html

Some recent Bitcoin #Layer2 protocols that have been on the rise include BoB (Build on Bitcoin) and Mezo. 🌐 Are you following the development progress of any of these protocols, and is is this a space you're keen to learn more about? Let us know! 😉

[AsiaNexgen]

Today, we're taking a look at the SocialFi space. 👥

SocialFi is indeed an innovative concept, merging both the social media and finance space and has recently been taking the Web3 ecosystem by storm. In a nutshell, SocialFi enables various content creators to monetize their content and influence via smart contracts. With how social media has captured the masses' attention span, this definitely signifies amazing growth potential for this space. 🙂

Read part one of our two-part series: https://www.oax.org/2024/05/21/Part-One-of-Shining-the-Spotlight-on-SocialFi.html

Recently, projects like FriendTech v2 and FantasyTop have been gaining a lot of attention and traction, and OAX Foundation will continue to closely monitor this growing sector within the digital assets ecosystem. 🌏 Visit the link above for an in-depth overview.

Watch this space for more. 🌐

[AsiaNexgen]

We're now at the end of May - another month with lots of developments in the crypto space! 🔥 Time sure does fly.

May has been a month of recover for the #digitalassets market, with Bitcoin and Ethereum breaking key resistance levels. 📈

An exciting update for the ecosystem is definitely the approval of spot Ethereum exchange traded funds (ETFs) in the US. 🎉 We're keeping a close eye on developments in this space - and for those of you interested in following  performances of Spot Crypto ETFs, check out @Notifs_app Gazer feature. 👀

Things were also exciting in Hong Kong as we attended the 2024 AWS Summit Hong Kong - the conference focused on discussions around AI and Web3 with quite a few interesting sessions. 🇭🇰 It was great to hear from other projects and tune in to various developments in the space. 🌐

Read our May '24 Community Update ➡️ https://www.oax.org/2024/05/31/May-2024-Community-Updates.html

[AsiaNexgen]

We’re continuing the conversion on SocialFi with the second part of our two-part series on the growing space... ✨🌐

In Part One, we deep dived into an introduction of sorts to SocialFi, introducing the concept as a whole and exploring the rapid rise of this interest merge of SocialMedia and decentralized finance. ☑️

Now in Part Two of our series, we’re taking a look at opportunities, challenges and growth potential in the SocialFi space, including a quick look at some SocialFi projects making moves in the ecosystem. 😉

Link to our latest piece ➡️ https://www.oax.org/2024/06/12/Part-Two-of-Shining-the-Spotlight-on-SocialFi.html

Are there any interesting sectors in the #blockchain space that you’d like us to cover next? Leave us a comment! ⬇️

[AsiaNexgen]

✨ Highlighting the growth of the RWA (Real World Assets) space ✨

We've certainly noticed the resurgence of interest and growth in the Real World Assets space within the #DeFi and #blockchain sector. Backed by growth from 2 billion to 6  billion over the past few years, the RWA sector has displayed massive potential for disruption in the ecosystem. 🌏

What are Real World Assets? 🏦
RWAs typically mean assets that also exist and function outside of the digital realm - such as real estate, gold, commodities and government bonds. In the blockchain context, RWAs are digital tokens that are a representation of these assets. 💰

In Part One of our Two Part series on RWAs, we take a look at the industry as a whole - its concept, opportunities and challenges that potentially lie ahead for the space. 📈

Link to writeup ➡️ https://www.oax.org/2024/06/21/Part-One-of-A-Look-at-Real-World-Assets.html

What Real World Asset projects would you like to see us cover in Part 2? Let us know below! 😉⬇️

[AsiaNexgen]

We've recently released Part One of our two-part series on Real World Assets and today we're diving right into Part Two. ✅ In our second piece on the #RWA space, we'll be doing a deep dive on the mechanics of RWAs, different key players in the growing ecosystem and analysing the impact of this trend on the blockchain space. 🌏

We also see growing interest from institutions - for example, Blackrock has collaborated with Securitize to create the BlackRock USD Institutional Digital Liquidity Fund. 🪙 In Hong Kong, banking institutions like #HSBC has showcased a positive move on embracing RWA tech by introducing tokenization of #gold for its customers via their digital asset platform, Orion.

Link to full article ➡️ https://www.oax.org/2024/07/10/Part-Two-of-A-Look-at-Real-World-Assets.html

What are your thoughts on the future of Real World Assets? Share with us below! ⬇️

[AsiaNexgen]

It's been awhile since we took a deep dive into the DeFi space, so we're shining the spotlight on DeFi's latest highlights and updates in our latest writeup. ✅

DeFi in itself has definitely evolved from its early days - starting from a niche landscape in the digital assets ecosystem, growing into the powerhouse that it is today.

We're seeing innovative trends rise up to massively boost adoption of the technology - such as liquid staking protocols, native yield generation, restaking and tokenization of real-world assets (which we've recently covered too!). 📈

Read our full writeup here: https://oax.org/2024/07/21/Analysing-the-DeFi-Ecosystem-in-2024.html

Are you excited about the future of DeFi? 🌐

[AsiaNexgen]

Hey community members,

Wow, what a month it's been! There's been the exciting start of the Olympics with enthusiastic supporters watching across the globe, while we're also seeing great progress in the crypto space. Finally, there's the launch of Spot Ethereum ETFs across 6 major funds, including Invesco and VanEck, with the total market trade volume already hitting a staggering $1 billion. 🥳📈

It's also been a busy month for us at OAX, having attended the Business Go-Virtual event in Hong Kong, diving in on the RWA and DeFi space as a part of our monthly writeups for the community. 🙂

For the full rundown, check out our July community updates: https://www.oax.org/2024/07/31/July-2024-Community-Updates.html

Watch this space for some potentially exciting stuff coming your way! 😉