The openANX DAO
At the core of the openANX platform is the Decentralized Autonomous Organization, which is run by smart contracts. The governance model affects the way the DAO behaves, thus always staying in the best interest of all participants.
The ability to assess risk in a quantifiable way is unique to the openANX platform. Gateway tokens can be traded, creating a new dynamic and further increasing transparency.
Aggregated Order Books
Isolated order books from each asset gateway will be aggregated using the liquidity aggregation system provided by ANX. The end user will have access to a single, seamless order book.
openANX takes the strengths of both centralized and decentralized exchanges to create a new middle ground. Addressing the evolving needs of exchanges will attract many participants.
In the future, customers will be trading their assets through decentralized trustless exchanges. They will only interact with existing centralized exchanges for onboard and offboarding real world funds; but now the consumer will be protected with blockchain locked collateral and a real-world dispute resolution process.
Disputes can be escalated beyond the asset gateway. An impartial dispute resolution mechanism exists through a third party.
Open ANX Foundation
The Foundation’s objective is to promote the real-world application of the openANX platform. It is a non-profit organization.
- Links existing exchange platforms to the network and enforcing a collateralized deposit system that will provide users with more liquidity - Provides an off-chain, legally enforceable dispute resolution system to provide much needed consumer protection - Provides credit risk trading to allow price discovery and a market “voice” of gateway creditworthiness - OAX token holders have right for participation membership in the DAO and its association, participating members will be entitled to certain privileges, including but not limited to voting privileges on major operational decisions relating to openANX platform
22 June 2017
Attention. There is a risk that unverified members are not actually members of the team
$59 229 228
$1 125 000
OpenANX is a decentralized exchange that functions as a DAO. The exchange operates in the best interests of participants and allows for secure trading of assets through trustless exchanges. It’s an ambitious project led by Hong Kong’s ANX International, best known for their ANXPRO exchange.
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