Established in 2017, the OAX Foundation embarked on its journey with a strong belief in the future integration of decentralized finance and digital assets into mainstream finance and commerce. This conviction laid the foundation for the Foundation's collaborative approach towards decentralized finance, engaging with key stakeholders in the field to explore and advance the potential of technology. As the industry evolves and matures, offering alternatives to traditional financial ecosystems, addressing the technological limitations becomes paramount for its success. Recognizing this, the Foundation identified four main shortcomings: speed, scalability, interoperability, and trust. Whether it's decentralized or centralized exchanges, the era of ICOs and STOs, or the burgeoning landscape of DeFi, tackling these challenges requires collaborative efforts from pioneers in the field. The OAX Foundation is committed to providing support in this space, offering tools, technology, applications, and community support to drive progress and innovation.