Octanox was founded in April 2017 and aims to carve its niche in the crypotocurrency markets as a hybrid PoS/PoW system. They have plans to release 5 products this year; MidfdleX, OctaGUI, OTXPay, Smart Web Wallet, OctaneX. MiddleX is an escrow service that would be based off of Octanox. Which aims to reduce the ability for scamming due to the anonymity that crypto provides. OctaGUI is a smart application that can be used to create multiple features for Octanox for example their web wallets. Octanex will be the decentralised exchange for cryptocurrency assets. Octalk is their final planned product that aims to be a decentralised social media platform that will style itself in a similar fashion to BTCtalk.
The ICO was launched on Livecoin exchange and had a maximum of 100,000,000 coins available. 7,905,634 coins were sold over the ICO period for $0.085/OTX.
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