Review on OAX by Syed Adnan
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.
ο»Ώ
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.
