Review on OAX by Fabrizio Zampieri
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 certain types of memberships based on their goals or how they can contribute (users can can acquire different membership levels submitting with a predetermined number of tokens).
Project is characterized by a professional and well skilled team.
OAX token sale started on June 22nd 2017 and has been completed on July 4th 2017; 18.76 million USD were collected during ICO period.
OAX (OAX) is an ERC20 token based on the Ethereum blockchain. OAX has a current supply of 100 million OAX with 25 009 250 OAX in circulation.
OAX is tradable on Binance, LATOKEN, HitBTC and Gate io.
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.
