Ico: OpenAnx (OAX). Decentralized Exchange

Worldwide users of crypto-currencies have seen not a few problems with exchanges - unpleasant functionality, irregularities in work, unjustified change of rules not in favor of customers, unresponsive support, delays in payments, and the most unpleasant scam. Accordingly, the trust of users to such exchanges is weakening, every trader, investor is increasingly thinking about the risks of working with the stock exchange and prefer not to use his full potential.

The way out of this situation is the decentralized stock exchanges. The advantages that stock exchanges of this kind have:

Quick access - no need to register or confirm an account.
Peer-to-peer - trading can not be stopped or censored.
Security - the exchange does not hold your funds. privacy - no one except trading partners exchanges personal data that is stored locally.
Security - end-to-end encryption, Exchange is available through the Tor proxy.

OpenAnx joins a few other existing exchanges with a decentralized hybrid platform for exchanging tokens.

What is OpenAnx?
OpenAnx is a platform that combines such qualities as:

Liquidity, which is inherent in centralized platforms.
Transparency, which is inherent in crypto-exchange services.
The main task of the company is to create a multifunctional trading platform that will function successfully not only with tokens, but also with the currency of the currency. In this case, holders of OAX coins receive voting rights and the reverse claim. Also, these tokens will be required to register on the platform and open access to its tools. There are four types of membership in the system:

A participant who has the right to vote.
Co-founder
Payment Gateway
Third-Party Service Provider

The OpenAnx Foundation, a Hong Kong company, worked well on the OAX exchange, the concept of which is to create a decentralized platform that operates on the basis of the Ethereum blockbuster. The key aspects of the company can be found in the official White Paper
[ https://www.openanx.org/en/assets/whitepaper/openANX_White_Paper_ENU.pdf ]. A key feature of the OAX exchange is the high liquidity, openness and reliability of financial transactions.

Due to the mechanism of the deposit deposit, the participants of the platform can determine their own risks, as well as through connecting to the network of asset gateways. Thanks to such a combination of customer funds will be under reliable protection, which is the main task set by the OpenAnx Foundation

The currency created by OpenAnx enables centralized trading platforms to become part of this structure. This fact indicates that they can take any user assets, store and release the equivalent of tokens, which can be used for bidding on decentralized services.

To avoid disputes and disagreements between the parties, asset gateways will receive requests for translation of Ether into smart contracts. It is assumed in internal tokens to be used to trade with other coins. This is done to reduce risks in an inactive market.

Road map of the project OpenAnx
The project has a clear development plan, which the team tries to follow:

-Q2 2016: Concept development

-Q1 2017: Concept check

- April 2017: Opening of the OpenANX project

-May 2017: White Paper Edition

-22 June 2017: Launch of OAX Token Sale

-Q4 2017: Registration of the working group

-Q2 2018: release openANX Prototype

The founders of the site had a simple task, and at the same time all we needed was to simplify the use of virtual money. The task of coordinating the development of the site falls on a special fund, which will be created and included in the OpenANX. In addition, the developers plan to significantly simplify the process of converting phi-to-money into crypto-currency assets through the use of Asset Gateways. It also provides for the introduction of mechanisms with the involvement of external forces to resolve disputed situations (if any arise).

Goals of OpenAnx

Offer an alternative to operations with the classic order log, thanks to the P2P OTC mechanism. At the same time, trade should be convenient and fast.
Involvement of members of the crypto community to use the resource and further increase their number by introducing technology into existing sites, as well as creating new exchanges based on the OpenAnx platform.
Complete synchronization of P2P peer-to-peer network and peer-to-peer register registries.
Significant increase in the audience of users and liquidity of existing decentralized projects that do not have access to fiat funds.
To merge the order log, use its own technologies to connect the liquidity of the participating gateways and other platforms.
Provide access to collateral in case of controversial situations.
To assess the creditworthiness of locks to manage financial risks.
Implement Asset Gateways in the architecture of existing trading platforms.
It is worth paying attention! All OpenAnx users will be transferred to use its service. Other exchanges interested in the transition will also be given this opportunity.

ICO OpenAnx
The pre- deposit period began on June 22, 2017. Over an hour, more than 13 million coins were sold, which exceeded the goals of krausejla. This again indicates the success of the project.

On July 4, 2017, the project team announced the early termination of the implementation of digital coins OAX. Over 11 days of the organizers managed to sell more than 25 million tokens worth more than $ 20 million. More than four thousand investors took part in the auction. Ken Lo thanked each participant who contributed to the development of the site.

Bounty OpenANX (OAX)