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OAX Review

13

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Average

Revainrating 4 out of 5  
Rating 
3.9
Crypto Projects, ERC20

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Description of OAX

OAX (OAX) is a cryptocurrency and operates on the Ethereum platform. OAX has a current supply of 100,000,000 with 77,045,250.57684319 in circulation. The last known price of OAX is 0.31101264 USD and is down -1.68 over the last 24 hours. It is currently trading on 14 active market(s) with $14,248,511.64 traded over the last 24 hours. More information can be found at https://oax.org/.

Reviews

Global ratings 13
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Type of review

Revainrating 4 out of 5

About OAX Coin (OAX)

OAX Coin (OAX) is a project that set out with the idea that the decentralized financial sector and digital assets will become the foundations of mainstream finance and commerce in the future. Founded in 2017, the OAX Foundation believes that the decentralized finance sector can replace even traditional finance in the following years and has taken on the task of supporting important actors and projects in this sector. As the cryptocurrency and decentralized finance industry develops and changes,

Pros
  • Since it is the token of a platform that has been serving since 2017, it is seen that the comments made about the OAX coin are generally based on trust. On the other hand, with the Binance listing, it is seen that both the price and the popularity of the OAX coin have increased.
  • Although decentralization is the heart of the concept of “cryptocurrency” in particular, OAX recognizes that not every function of commodity exchanges can be decentralized. Instead, OAX tries to integrate the best features of the centralized exchange model, while security, credit risk assessment, structured dispute resolution, etc. It tries to make some important improvements to achieve the benefits of decentralization such as.
  • future is bright and roadmap is perfect
Cons
  • none

Revainrating 4 out of 5

The future to be created is already being built

OAX aims to achieve high efficiency, speed and transparency by harmonizing the positive aspects of the central financial system with the decentralized finance system. It is open source and can be developed. It is a governance project of networks. In OAX project, transactions are carried out through smart contracts. In fact, this project is a crypto money project that provides a gateway between systems. Some of the features of OAX are; 1) OAX DeFi Parachain: An improved network was…

Pros
  • It is aimed to expand the Polkadot network with the L2X algorithm
  • The focus is on the prevalence and diversity of DeFi projects
  • By addressing key industry challenges, future issues are identified now
Cons
  • The transaction volume of the local token is low. For this reason, sufficient funds are not provided for the development of the project

Revainrating 4 out of 5

A potentially decentralized project.

OAX is a cryptocurrency project that seeks to develop a sustainable digital asset space for future developments and encourage people to do so. When you look at the vision of this company, they have a perspective that really thinks about future events and needs to be shaped accordingly from now on. I really like the point of view of this company. It is a project that aims to be very open and transparent to its users and everyone, to work in an environment of trust and to have a strong…

Pros
  • It's easy to get in touch with the support team.
  • The transactions you have made are very efficient and of high quality
Cons
  • There is nothing negative.

Revainrating 4 out of 5

OAX: I can say that it is a great problem with changing jobs.

At the heart of the OpenANX series is a decentralized autonomous organization governed by experience contracts. The governance model influences the functioning of the DAO, thus remaining in the greatest advantage of all participants. OAX recognizes that not a single decentralized enterprise is unacceptable, so it confuses concentrated and specific work. Another advantage of OAX is its open source, which is an open source that allows architects and environments to use encoding for new designs…

Pros
  • It is not difficult to contact a support team. The exchanges you make are very effective and high quality
Cons
  • No problems

Revainrating 3 out of 5

OAX: Ensuring the decentralization of trades

When utilizing trade stages we search for choices that permit us quick, straightforward and dependable exchanges. Consequently, choosing a trade house is a choice to be made in an insightful and faithful manner. OAX is the cryptographic money of the OpenANX trade chain. The mission of this stage is to add to the exchange of advanced resources without the control or intermediation of outsiders; to empower quick and straightforward exchanges under a safe blockchain. Token: OAX is a…

Pros
  • Ensures trade of digital forms of money without go-betweens
  • It has a token worked by the strong Ethereum stage
Cons
  • Coin can't be mined

Revainrating 5 out of 5

OAX

OAX is a futuristic idea of openness trustlessness and strong governance of digital assets in the highly regulated financial world and in the light of this is OAX became a decentralized exchange which combines the best features of traditional centralized exchange with the good aspects of decentralization in the likes of transparency to function. OAX is a distinct project believing that a project being decentralized doesn't mean it's all good so it is blending the centralized and the…

Pros
  • It is open source, trust less and secure
  • It is centralized and decentralized
  • Its token is ERC20 based
Cons
  • The price of its token is low.

Revainrating 4 out of 5

OAX: is a project with a variable commercial ideal.

OAX (OAX): is a project with a variable commercial ideal, allowing a constant use of the blockchain network through its operations a stable record is established, its open code allows security nodes to be executed that make its operation ecosystem has high levels of security, it is a decentralized project with a commercial objective of improving the current market exchange models its ideal is very successful by the general community, establishing important advances disagreement with its own…

Pros
  • It is a project committed to users and their market operations, with high standards in transactions.
  • Its currency allows a means of payment frequented by various payment gateways.
  • High performance in its operations, a complete registry, with the possibility of being compatible with various wallets in the market.
Cons
  • It is a project that has not demonstrated all it can do, it has to improve some technical details and nourish itself of our strategies and improve.

Revainrating 3 out of 5

OAX: Ensuring the decentralization of exchanges

When using exchange platforms we look for options that allow us fast, transparent and reliable transactions. For this reason, selecting an exchange house is a decision to be made in an analytical and conscientious way. OAX is the cryptocurrency of the OpenANX exchange chain. The mission of this platform is to contribute to the transfer of digital assets without the control or intermediation of third parties; to enable fast and transparent transactions under a secure blockchain. Token:

Pros
  • Guarantees exchange of cryptocurrencies without intermediaries
  • It has a token operated by the robust Ethereum platform
  • Ensures efficiency in transactions
Cons
  • Coin cannot be mined

Revainrating 4 out of 5

Interesting long-term project.

Its purpose is to improve the digital resource ecosystem through increased efficiency, increased transparency and the promotion of high quality governance. It is a decentralized digital asset exchange platform that combines all the advantages of a trusted, decentralized system with the benefits of the current centralized exchange model.

Pros
  • Business transactions can be executed through smart contracts.
  • Platform market shareholders include exchange users, asset gateways, order book sponsors, dispute referees and voting members.
  • This enables users to trade "credit risk" or support credit risk order books, where two tokens issued by the exchange are created for the business, thereby creating a market for credit risk trading.
Cons
  • It could benefit from the psychological impact of low prices leading to higher buy-ins from the masses.

Revainrating 4 out of 5

The digital asset ecosystem.

In addition to its centralization, implementing a real conceptualization of a platform that combines models of a decentralized exchange promises a bright future for cryptocurrency. The team looks promising, everyone is experienced in their own field and extremely passionate about developing the platform. Being an open source community has made the development of the platform an active process.

Pros
  • It combines the benefits of a centralized exchange model with all the benefits of decentralization, making it unique among cryptocurrencies.
  • Another factor that makes it strange is its open source nature and management system. Anyone can contribute to the network's code, and tiered membership on the platform serves a different economic purpose than the political economy.
Cons
  • The relatively low market cap ranking can be a bit discouraging, but not the great potential that the platform implies.

Revainrating 3 out of 5

Would be an interesting project?

The OAX has a great team. Besides, since it’s open-source, the community also pitches in, making the development of the platform an active process. OAX has at the moment a low price. However, OAX is a promising and potential project that cannot be ignored.

Pros
  • Trading transaction are executed through smart contracts.
  • OAX enables simple access, voting privileges or commercial solicitation of services on the OAX platform for their members, with the number of tokens required varying with the level of benefits.
  • OAX can be storaged in the numerous wallets compatible with Ethereum.
  • It combines the benefits of the centralized exchange model with all the advantages of decentralization.
  • Anyone can contribute to the code of the network
Cons
  • A project that needs to prove its value on the market. OAX needs to get more projection on the crypto market. Consequently it can attract attention from the media and large corporations.

Revainrating 2 out of 5

OAX is the token linked to Open ANX, a decentralized exchange project. With…

OAX is the token linked to Open ANX, a decentralized exchange project. With Open ANX, customers will be able to use their fiat money to buy cryptocurrencies. OAX will work with Ethereum smart contracts. It will also be integrated with exchange channels. High Liquidity makes OpenANX more efficient than competitors. One of the most interesting features of Open ANX platform is the governance structure. The users who would like to have more power and rights in the ecosystem will have to apply for…

Pros
  • Open ANX platform (linked to OAX token) strenghts: - Decentralized. - DAO governance. - KYC/AML service. - High liquidity. - Collateralized asset gateways. - Order book registration. - Non-profit foundation. - Counterparty risk transparency.
Cons
  • - Currently there are some other competitors exchanges, but, their daily volume is very low in comparison to OAX platform. - Project needs more efficient marketing and communication campaign.

Revainrating 3 out of 5

Good news, great to see some positive development about this project, though…

Good news, great to see some positive development about this project, though the market performance is still in a bad situation. I will choose to hold these OAX coins. Yes, that is convinced, most bounty hunters may keep their tokens since they know its value and will choose to support it in my opinion.

Pros
  • This is just beginning for good things to come out yet in future. I bought little more few days ago as the concept has really big project behind this token. A decentralized exchange just need to get more volume and it will be on successful track which will make this token valuable as well. OAX will see value with the growth of exchange and trading activities on this.
Cons
  • i think youll wait until the ico is finish before removing the signature campaign or wait for the update of the manager. Very surprised and also disappointing to learn that there will be an airdrop which increases the supply of OAX by 5,000,000 or 20% of the current circulation. This will definitely hurt the OAX price, in particular in such a bear market. Thr OAX has dropped 70% against ETH since the token sale. Please stop doing anything further hurting the already fragile price!