The ANX Whitepaper is out!

Excerpt:

1.1 - Barriers to Access

 Access to high-yielding alternative investments, such as hedge funds, has traditionally been reserved for high net worth individuals and institutions. The standard one million USD minimum investment excludes 99.8% of the world’s population. As a result, those who are most in need of market-beating returns have limited or no access to such investments.

 From Venezuela to Nigeria, Turkey to the Ukraine, approximately one billion people worldwide are struggling with inflation rates exceeding 10% per annum. Local investment options are generally denominated in volatile local currencies and/or co-integrated with struggling local economies. When facing excessive inflation, there is little incentive for you to save, as your money will buy you substantially more today than it would in one year’s time.

 Cross over to the developed world and people face a different set of economic barriers, but the same lack of access to market-beating alternatives. In the years following the global financial crisis of 2008, central banks cut interest rates to record lows and expanded the money supply in an effort to stave off the worst of the crisis and spur recovery.

 These attempts to stimulate the global economy appeared successful, leading to positive headline numbers, the longest bull market of all time and substantial gains for equity and property investors. However, not everyone benefited; people attempting to save for their first home faced pitiful rates of return at their local banks, while house prices in New York, Vancouver, Sydney and Tokyo posted double-digit returns. More than 10 years on, savers are still struggling, with very few options available to the average person seeking market-beating yield.

1.2 - Access for All

 ANX tokens will serve as a gateway between everyday people and exclusive hedge funds, delivering professional fund management to the masses. The infinitely divisible and borderless nature of cryptographic tokens facilitates access for all, lowering minimum investment thresholds to fractions of a cent.

 The ANX closed-end/fund-of-funds hybrid is a novel fusion of traditional fund structures: readily accessible, yet fully compliant. ANX tokens will represent investor shares in this fund structure and will be backed by the fund’s net asset value (NAV) via token buybacks. At the same time, ANX tokens will be freely traded on the open market, giving access to people unable to participate directly in the security token offering (STO) and providing an avenue for speculative investment.

 ANX is the first security token leveraging the power of the cutting edge EOS Delegated Proof-of-Stake (DPoS) blockchain. The EOS blockchain allows for instantaneous transfer of wealth without the burden of transaction fees and currently processes more than 16 million transactions per day at just 15% capacity. The technological advantages of the eos.io blockchain have given rise to a new breed of decentralised exchange (dex), featuring instant-order matching and a frictionless user experience. This advanced dex ecosystem provides the perfect home for a freely traded security token such as ANX ...


Read the full paper @ https://anox.io/ANX_Whitepaper_-_Access_for_All.pdf
Join us on telegram @ t.me/anoxio
Trade ANX on Newdex @ https://newdex.io/trade/anoxanoxanox-anx-eos

You have shown growth dynamics in 2018. And what about 2019? Already ends the second quarter. Bitcoin also began to show some signs of growth.

pre sale, public sales Anox and listings on the market will occur this June, but I do not see these signs, for sales, how much funds have been reached?

Hey guys thanks for your questions re: the roadmap which is due to be updated this week. Our seed round is still on going and all other items are contingent on us securing seed funding - running a successful public offering in 2019 is a substantially more difficult and costly affair than 2017, especially as a security token.

Even so, we have had some great achievements in 2019: 2 exchange listings, airdrop to NDX holders - > 1000 people holding ANX, a full fledged whitepaper in 3 different languages (and more coming) vs road mapped English Litepaper, 10xd our social numbers (though they're still small!) and onboarded some great talent incl. announced Chief of Operations, Chief Communications Officer and a not yet announced Chief Financial Officer.

And that's all without a single dollar from VC! Now the whitepaper is done, we can begin making those approaches.

Watch this space.

Sincerely,
Oscar Goullet
Founder and CEO
anox.io

Thanks for the heads up re the url error! Will pass on to K who is handling this thread for us.

Link fixed, all good. Thank you!

Want some free ANX? Send us a private message then pop into our Discord or Telegram servers and introduce yourself with your Bitcointalk username for 10 free ANX

Discord: https://discord.gg/gGzaFn2
Telegram: https://t.me/anoxio

(Bitcointalk accounts created prior to this post only

Hey Traveller, as per my previous post, I encourage you to read the Fund Structure chapter of the whitepaper which covers the regulatory exempt status of Bahamian closed-end funds in detail, as well as our commitment to third party administration and auditing. I have included the relevant sections of the chapter below for your reference:

This kind of project needs more than a 17-page whitepaper.
Maybe further explanation of your investment fund.
But anyway, this is already a good start rather than no wp at all.

Also, since you mentioned that you are a closed-end fund type platform, getting a license from SCB is voluntary.
But are you planning to acquire your license in the near future?
This will add credibility on your project being an investment fund company.

Hey TimeTeller, thanks for checking out the whitepaper!

We wanted to keep it in roughly the same league as the Bitcoin WP - 3000 words, though we've gone a little over.

Regarding voluntary licensing, it is an option we'll seriously consider once the fund is live. The requirements are largely just annual audits and 3rd party administration which we've already committed too, though there are added financial and administrative burdens too. As we're not 100% certain we'll follow that path due to said burdens, we don't want to make any definitive public commitments prior to making a decision.

Hope that answers your question!

Warm Regards,
Oscar.