OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.
HappyCoin is a digital currency designed for use of peer-to-peer technology to operate with no central authority; managing transactions and issuing money is carried out collectively by the network.