Let's get social!

Want some free ANX security tokens? To celebrate our new listing on the Steem Engine dex and the release of the ANX Whitepaper in multiple languages, we're offering a range of bounties for joining our social channels and helping spread the word about ANX!

Details of the social drop with 50% referral bonus can be found here: https://steemit.com/steemengine/@anoxfund/anx-is-live-on-steem-engine-and-we-re-launching-a-social-bounty-to-celebrate

Note: Please do not reply here with joined type posts etc, use the provided form to claim.

大家好，ANX白皮书中文版现已面世！https://anox.io/ANX_Whitepaper_CN.pdf

Hello world! The ANX Whitepaper is now available in Chinese!

Hey TimeTeller, thanks for checking out the whitepaper!

We wanted to keep it in roughly the same league as the Bitcoin WP - 3000 words, though we've gone a little over.

Regarding voluntary licensing, it is an option we'll seriously consider once the fund is live. The requirements are largely just annual audits and 3rd party administration which we've already committed too, though there are added financial and administrative burdens too. As we're not 100% certain we'll follow that path due to said burdens, we don't want to make any definitive public commitments prior to making a decision.

Hope that answers your question!

Warm Regards,
Oscar.

Hey dzkrb, I've been really enjoying Black Sails too, though the Bahamas aren't the safehaven for piracy and crime they were in the 18th century. These days, the islands are largely known as a top holiday destination for people from the US and a desirable domicile for fund structures due to the favourable tax treatment. I've struggled to find any funds in EU, Aus, US that are outperforming our partner fund.

Also note that ANX may voluntarily apply to be licensed and regulated by the SCB following fund launch.

Singapore and the Caymans both have similar exemptions for closed-end's, but Bahamas was marginally more cost effective and our legal consultants and partner fund are based there so it made the most sense. We'll be able to access reliable banking services there through introductions from legal, which is something nearly every crypto start up has struggled with in the rest of the world.

Cheers,
Oscar.

Hey Traveller, as per my previous post, I encourage you to read the Fund Structure chapter of the whitepaper which covers the regulatory exempt status of Bahamian closed-end funds in detail, as well as our commitment to third party administration and auditing. I have included the relevant sections of the chapter below for your reference:

Want some free ANX? Send us a private message then pop into our Discord or Telegram servers and introduce yourself with your Bitcointalk username for 10 free ANX

Discord: https://discord.gg/gGzaFn2
Telegram: https://t.me/anoxio

(Bitcointalk accounts created prior to this post only

Hi Filipe, we'd say that's a pretty fair assessment of offerings that have come before us. Most "funds" on the blockchain have been bedroom jobs with some guy trading your BTC in his underwear, or just downright scams.

This is not ANX.

We are not trading investor capital directly, we are making investments in established funds with proven track records and we'll be administered and audited.

Our first partner fund has returned 39% annually since 2015 for a total net return in excess of 300%.

The great thing about ANX though, is it's freely traded like any other crypto. This means the gain potential is not limited to underlying fund performance. Imagine if Bitcoin could never fall by more than 30% because there was a fundamental floor supporting it to the downside...

Thanks for the heads up re the url error! Will pass on to K who is handling this thread for us.

Hey thanks for your question about US security token regulations.

Security token issuers who deal from or to the United States are required to file with the SEC for licensing or exemption. ANX is not a US company and we do not issue tokens to US residents and hence do not require licensing or exemption.

Even if we had licensing from the SEC, hedge fund products can not be offered to retail in the US. Our designated exempt Bahamas Closed-end fund structure gives us a lot more freedom there. Take a look at the Fund Structure chapter of the whitepaper if you'd like to know more, or feel free to PM me on here or Telegram @ogoullet.

Thanks,
Oscar.

Hey guys thanks for your questions re: the roadmap which is due to be updated this week. Our seed round is still on going and all other items are contingent on us securing seed funding - running a successful public offering in 2019 is a substantially more difficult and costly affair than 2017, especially as a security token.

Even so, we have had some great achievements in 2019: 2 exchange listings, airdrop to NDX holders - > 1000 people holding ANX, a full fledged whitepaper in 3 different languages (and more coming) vs road mapped English Litepaper, 10xd our social numbers (though they're still small!) and onboarded some great talent incl. announced Chief of Operations, Chief Communications Officer and a not yet announced Chief Financial Officer.

And that's all without a single dollar from VC! Now the whitepaper is done, we can begin making those approaches.

Watch this space.

Sincerely,
Oscar Goullet
Founder and CEO
anox.io

안녕하세요! ANOX 한글 백서가 출시 되었습니다!

https://anox.io/ANX_Whitepaper_Kor.pdf

¡Hola Mundo! ¡El Whitepaper del proyecto #ANX ya está disponible en español!

https://anox.io/Libro_Blanco_de_ANX_-_Acceso_Para_Todos.pdf

Hello world! The ANX #whitepaper is now available in Spanish and Korean!

The ANX Whitepaper is out!

Excerpt:

1.1 - Barriers to Access

 Access to high-yielding alternative investments, such as hedge funds, has traditionally been reserved for high net worth individuals and institutions. The standard one million USD minimum investment excludes 99.8% of the world’s population. As a result, those who are most in need of market-beating returns have limited or no access to such investments.

 From Venezuela to Nigeria, Turkey to the Ukraine, approximately one billion people worldwide are struggling with inflation rates exceeding 10% per annum. Local investment options are generally denominated in volatile local currencies and/or co-integrated with struggling local economies. When facing excessive inflation, there is little incentive for you to save, as your money will buy you substantially more today than it would in one year’s time.

 Cross over to the developed world and people face a different set of economic barriers, but the same lack of access to market-beating alternatives. In the years following the global financial crisis of 2008, central banks cut interest rates to record lows and expanded the money supply in an effort to stave off the worst of the crisis and spur recovery.

 These attempts to stimulate the global economy appeared successful, leading to positive headline numbers, the longest bull market of all time and substantial gains for equity and property investors. However, not everyone benefited; people attempting to save for their first home faced pitiful rates of return at their local banks, while house prices in New York, Vancouver, Sydney and Tokyo posted double-digit returns. More than 10 years on, savers are still struggling, with very few options available to the average person seeking market-beating yield.

1.2 - Access for All

 ANX tokens will serve as a gateway between everyday people and exclusive hedge funds, delivering professional fund management to the masses. The infinitely divisible and borderless nature of cryptographic tokens facilitates access for all, lowering minimum investment thresholds to fractions of a cent.

 The ANX closed-end/fund-of-funds hybrid is a novel fusion of traditional fund structures: readily accessible, yet fully compliant. ANX tokens will represent investor shares in this fund structure and will be backed by the fund’s net asset value (NAV) via token buybacks. At the same time, ANX tokens will be freely traded on the open market, giving access to people unable to participate directly in the security token offering (STO) and providing an avenue for speculative investment.

 ANX is the first security token leveraging the power of the cutting edge EOS Delegated Proof-of-Stake (DPoS) blockchain. The EOS blockchain allows for instantaneous transfer of wealth without the burden of transaction fees and currently processes more than 16 million transactions per day at just 15% capacity. The technological advantages of the eos.io blockchain have given rise to a new breed of decentralised exchange (dex), featuring instant-order matching and a frictionless user experience. This advanced dex ecosystem provides the perfect home for a freely traded security token such as ANX ...

---

Read the full paper @ https://anox.io/ANX_Whitepaper_-_Access_for_All.pdf
Join us on telegram @ t.me/anoxio
Trade ANX on Newdex @ https://newdex.io/trade/anoxanoxanox-anx-eos

Hey dzkrb1966, apologies for the delayed response. As we're aiming to deliver annual NAV growth >= 25%, We'll be looking to invest in funds that have consistently delivered net returns >= 30% with positive Return/Drawdown ratios. Hop on over to our telegram channel t.me/anoxio if you have any more questions

Hey Buzz - great questions!

Regarding more stable returns, that's exactly what ANX is designed to provide. When it comes down to it, the overwhelming majority of coins and tokens are essentially backed by nothing but sentiment. This works great in a bull market, but not so great in a bear market ... 2017's meteoric price rise -> 85%+ crash is a perfect illustration of this.

ANX tokens float freely on exchange, but are backed by net asset value (NAV) to the downside. This means they can trend hard when bullish mania takes hold, yet have something backing them when the bears come home to roost.

Let's flip your question on it's head ... why wouldn't you want a token like that in your portfolio for the next cycle?


Like any coin or token offering, there is a risk ANOX never gets off the ground and the value of ANX tokens falls to zero. On the other hand, as we are simply plugging into existing systems (rather than promising to develop some amazing new protocol that doesn't actually have a use case), we deem the risk of ANX total failure substantially smaller than your average ICO. As long as our STO raises at least 1 million USD, we will deliver a working product.

From a technical perspective, as our first partner fund has never had a down year, computing downside risk is troublesome. If we be overly pessimistic and assume downside risk is symmetrical, then NAV could fall by as much as 50% in our first year. On the flip side, NAV could just as easily grow by that much and the tokens are free to float above and beyond there, yielding a positive reward ratio.


Simple. If we'd wanted to do a scam coin, we would of just crapped out some utility token where "contributors" have literally 0 legal recourse. Regarding guarantees of the project making it to the next phase, we make no such guarantees, but addressed the reduced risk of total failure in your last question.


We've always planned to launch our token on EOS, in fact we were one of the earliest tokens issued on the platform. We believe instant, fee-free transactions are the clear path forward for the industry. Having said that, assuming the custodians of the Binance Dex allow security tokens to be listed, we'd be silly not to also list there via some form of gateway.

We're also really looking forward to EOSfinex, which is apparently going to be hooked into Bitfinex's liquidity pool!


To be frank, our small team is our greatest weakness right now. I've personally been in financial markets since 2012 and our web and UX guys are amazing. We invite you to connect with any of us on LinkedIn.

We are actively seeking exceptional people who share our vision of a tokenized future, if you know any one that fits the bill, be sure to let us know.


Our first partner fund is a 95% automated forex fund. We're keeping a keen eye out for other potential partners that can match their risk-adjusted performance. Our fund will also hold a small allocation of its own tokens, this will give us a little crypto exposure and ensures a degree of feedback between token price and NAV, encouraging each to reflect the other.


Thank you!

I hope that answers your questions, feel free to reach out to me on Discord if there's anything else you'd like to know.

Cheers,
Oscar.

Thanks guys, how do we get verified to edit the listing? Have logged in with LinkedIn profile, but our team section is empty.

Cheers,
Oscar.

Thanks for the question!

We'll be investing in hedge funds that meet our strict performance criteria (see First Partner Fund performance table above).

The minimum investment for hedge funds is generally 1 million USD, which firmly rules out most people on the planet. ANX tokens will disrupt that paradigm, making this exclusive asset class accessible to all.

Hope that answers your question.

Cheers,
Oscar.

Today only: A further 10% off the seed price when you mention Bitcointalk. That's a 40% discount on the final public sale price!