The Year of Milestones and Partnerships

We began 2019 with one of the most exciting milestones yet for the OAX project. After much anticipation, last month our technology team deployed the layer 2 solution they have been working on over the past year onto the Rinkeby testnet.

This is a significant development as the solution is now available for the rest of the industry to test! It addresses one of the biggest challenges facing the development of digital asset trading — performance. The demo we released earlier shows it is able to handle over 1,000 transactions per second on a single node. For more details, click here.

As mentioned when we announced the testnet deployment, we’re now working to find potential industry partners to operate the finished platform. At the same time, we’re still very much committed to our end-goal, which is to bring digital asset trading to the mainstream!

Another important development for OAX Foundation over the past few months is that as our project progresses and reaches new milestones, we have gradually received more media attention. Our management team — from General Manager, Amanda Liu, to General Counsel, Paul Li, to Technology Director, Wayland Chan — have spent time doing press interviews that have resulted in coverage from a variety of publications. These range from mainstream newspapers such as Hong Kong’s Ming Pao, to industry specialist Crypto Briefing and DigFin, which focuses on news about fintech in Asia.

February also sees us wrapping up the OAX airdrop. At the time of publication, our team has successfully finished the distribution of the airdrop tokens to all eligible participants. Once again, we would like to thank all our loyal supporters for taking part in the campaign!

And last but not least, next week we’ll be hosting the third OAX Ask-Me-Anything (AMA) on Reddit. For more details and how you can submit questions, read our announcement here.

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More about OAX Foundation
Website: www.oax.org
Medium: medium.com/@OAX_Foundation

Reach out to OAX Foundation via
e-mail:
Collaboration Proposals: ProjectStallman@oax.org
Other Inquiries: Info@oax.org
Social Media:
Discord: discord.gg/ZH5YHkb
Youtube: bit.ly/2Bvsk73
Twitter: twitter.com/OAX_Foundation
LinkedIn: www.linkedin.com/company/oax-foundation/
BitcoinTalk: bitcointalk.org/index.php?topic=1943946
Reddit: www.reddit.com/r/OpenANX/
Telegram English: t.me/openanxteam
Telegram Chinese: t.me/oax_cn

OAX is a new, decentralized, digital asset ecosystem initiative run by the “The OAX Foundation Limited”. Go to http://www.oax.org to learn more.

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