[ANN] ALAX - The Blockchain Game Platform for Emerging Markets

[levyashin]

We have two tokens - you can find detailed info about them in this blog. Here is the comparison:


The ALA will be simply pegged to FIAT so there won't be fixed exchange rate to ALX. ALX is the token which will participants of our TGE get.

I cant understand, why you want to create 2 types of tokens? Only ALX will be selling on TGE?

It was explained on this page...

A lot of our future customers will be just ordinary people who will want to buy a game. They do not know anything about crypto and maybe they even don't want to get involved in it. We have to have this in mind. It would be very stressful for them if they would buy some tokens one day and another day it would have totally different value. This could discourage them to switch from current methods of payments and that is something we definitely don't want to do.

This is to make prices look stable.

A very interesting system you got there going with two tokens, I haven't seen anything like that yet. It should work for both people who have cryptocurrency and for those who don't. Looks really promising, I wonder how it will function in reality.

That is, theoretically, ALA will have a fixed rate. Which will not depend on anything, if I understand correctly. I don't see the point in creating a second coin if you can sell games directly for dollars or euros.

I also think that two tokens are misleading and pointless and I hope that they will change their mind

I don't agree at all.

As i said earlier it can bring new people to crypto. Think about it you are buying some ingame thing and you see that you can get %20 more with same money.

[o48o]

I hope the idea of blockchain-based MMO games will develop over the next couple of years.

In my honest opinion this could be very hard to do because storing assets on blockchain is expensive and not very convenient

That depends on how is it done. On what key information is stored and how. I am assuming that people have been struggling this problem for ages now, it' s not like developers haven't thought of the execution of the plan...

[Sozialtourist]

ALAX have just reached 50k members the TelegramGroup! Congratulations!

It's just a huge indicator! This project makes me stir up my mind. I was seriously thinking about investing.

50 k is pretty huge. With this number in such short time the ICO looks promising.

Let's hope most of these people are interested in the project itself and didn't only join the group because of the Airdrop.

[Token Williams]

ALAX have just reached 50k members the TelegramGroup! Congratulations!

https://pbs.twimg.com/media/DZUaC0oXkAAln5M.jpg

Pretty good results for such short timeframe.

How did you get such high amount of users,  congratulations

Wow, that's a lot, congratz

[PS92]

I hope the idea of blockchain-based MMO games will develop over the next couple of years.

In my honest opinion this could be very hard to do because storing assets on blockchain is expensive and not very convenient

That depends on how is it done. On what key information is stored and how. I am assuming that people have been struggling this problem for ages now, it' s not like developers haven't thought of the execution of the plan...

Could IPFS be of help here?

[belechau]

ALAX have just reached 50k members the TelegramGroup! Congratulations!

It's just a huge indicator! This project makes me stir up my mind. I was seriously thinking about investing.

I hope to see considerable numbers coming up and compatible with the number of Telegran users. We will have a large number of investors and whales among them. Can anyone tell the bounty thread please? Will there be an official signature rewarded at Alax?

[Trrrt]

I think the fact that Alax has 2 tokens could be interesting. I want to see how it will work, one for the TGE and one for the internal use, maybe it could be a good choice for the stability of the project, curious to see.

[traveler007]

I think the fact that Alax has 2 tokens could be interesting. I want to see how it will work, one for the TGE and one for the internal use, maybe it could be a good choice for the stability of the project, curious to see.

The question not in interes. The question in liquitity. What ICO investors will have from this tokens, if they will not be used than? I think they must have 1 type of tokens.

[Frickeladm]

I think the fact that Alax has 2 tokens could be interesting. I want to see how it will work, one for the TGE and one for the internal use, maybe it could be a good choice for the stability of the project, curious to see.

The question not in interes. The question in liquitity. What ICO investors will have from this tokens, if they will not be used than? I think they must have 1 type of tokens.

An Investor has nothing from it, right. But you have to see it as it is: Youre an INVESTOR not a CUSTOMER at this point. Customers pay with ALA and investors ALX which you can trade in for ALA i would presume

[pynetx]

ALA is pegged to FIAT. Is it the same way as Tether is or there's any difference.

[omwibya]

ALA is pegged to FIAT. Is it the same way as Tether is or there's any difference.

I think it must be pretty much the same. the question is, is it backed up by real money?

[Makkara]

Can we have a better infographic video explainer video how it is better than existing platforms.

We are preparing another video explaining the functionality of the whole platform. It should be out before the TGE.

good to hear that, this is going to clarify how the platform will function, from the prospective of the users and better understanding how project will operate

[ALAX_io]

I think the fact that Alax has 2 tokens could be interesting. I want to see how it will work, one for the TGE and one for the internal use, maybe it could be a good choice for the stability of the project, curious to see.

The question not in interes. The question in liquitity. What ICO investors will have from this tokens, if they will not be used than? I think they must have 1 type of tokens.

There will be two kinds of people with ALX tokens - one kind will have them so they can exchange them later for ALA with 20% bonus and sell them to consumers of apps (or they are consumer themselves). The second kind are the people who will hodl ALX as an investment so they can later exchange it for another cryptocurrency (e.g. for BTC and later for money so they can buy lambo). Since there is 20% bonus in exchange for ALA tokens it should drive the demand for the ALX tokens in the long run.

[ALAX_io]

More and more projects are going for two different tokens for various reasons, for example Spectre has one utility token and one dividends token

I have to say, I am not a fan of a two token system. And it makes it more complicated which prevents non crypto user from joining in my eyes.

Why? precisely that's why they have two token system, to make non crypto people more comfortable to use the platform.

A lot of our future customers will be just ordinary people who will want to buy a game. They do not know anything about crypto and maybe they even don't want to get involved in it. We have to have this in mind. It would be very stressful for them if they would buy some tokens one day and another day it would have totally different value. This could discourage them to switch from current methods of payments and that is something we definitely don't want to do.

Still these customers have to buy first the one token (A) with fiat to buy another token (B). And then on one point they will realize maybe the same situation, that they could have got more token (B) a week later for their (A) tokens or more (A) tokens for their fiat or whatever. I don't see where the situation is changing, just that they have to trade much more.

But if I understand correctly, you can buy products and services with either of these two tokens, just choose the way it's more convenient to you personally. For cryptousers, we'll be able to buy it on exchanges, others can buy it in brick & mortar shops for fiat. It's not really necessary to buy it for fiat and then exchange to the second token or the other way round. By having two tokens, they aim for much wider customer segment and that's imo a good idea.

Actually, you can buy products only with ALA tokens. And you can use FIAT to buy only ALA directly. If you want to buy ALX, you will have to probably buy the BTC or ETH first (depends on the exchanges). ALX can be used only for buying for ALA or as an investment.

Customers that want to buy games and apps can either buy ALA for FIAT of for ALX with 20% bonus. They do not need to buy ALX. But there is this 20% bonus motivation - but even this doesn't make you use the ALX if you do not want to have anything with crypto.

[ALAX_io]

Is http://www.dragonflygame.com/ the correct website for Dragonfly? If yes, I see that they have also a VR game, you're going enter that market too?

No, this is not that dragonfly it is another one.

[ALAX_io]

We have two tokens - you can find detailed info about them in this blog. Here is the comparison:


The ALA will be simply pegged to FIAT so there won't be fixed exchange rate to ALX. ALX is the token which will participants of our TGE get.

I cant understand, why you want to create 2 types of tokens? Only ALX will be selling on TGE?

It was explained on this page...

A lot of our future customers will be just ordinary people who will want to buy a game. They do not know anything about crypto and maybe they even don't want to get involved in it. We have to have this in mind. It would be very stressful for them if they would buy some tokens one day and another day it would have totally different value. This could discourage them to switch from current methods of payments and that is something we definitely don't want to do.

This is to make prices look stable.

A very interesting system you got there going with two tokens, I haven't seen anything like that yet. It should work for both people who have cryptocurrency and for those who don't. Looks really promising, I wonder how it will function in reality.

That is, theoretically, ALA will have a fixed rate. Which will not depend on anything, if I understand correctly. I don't see the point in creating a second coin if you can sell games directly for dollars or euros.

To sell games for dollars and euros or whatever FIAT currency, you need transactions. And transaction costs are a big driver why this project exist. Up to 70% of game price can by just fee for transactions. Because if you buy pre-paid card from your mobile operator it is one transaction and when you buy a game it is another one both made to/by a mobile operator. If you buy ALA from a brick store you have one transaction without greedy operator you can make as many transactions on blockchain as you want with minimum fees and there are no extra time or fees for a developer if they want the money on their account.  

The whole point of ALAX is not to pay for games in FIAT since it is connected to high fees if you do not have a credit or debit card.

[ALAX_io]

ALAX have just reached 50k members the TelegramGroup! Congratulations!

It's just a huge indicator! This project makes me stir up my mind. I was seriously thinking about investing.

I hope to see considerable numbers coming up and compatible with the number of Telegran users. We will have a large number of investors and whales among them. Can anyone tell the bounty thread please? Will there be an official signature rewarded at Alax?

We have only an airdrop on our telegram. You can use our signatures to support us here on bitcointalk but there is no bounty for that.  

[ALAX_io]

We have two tokens - you can find detailed info about them in this blog. Here is the comparison:


The ALA will be simply pegged to FIAT so there won't be fixed exchange rate to ALX. ALX is the token which will participants of our TGE get.

I cant understand, why you want to create 2 types of tokens? Only ALX will be selling on TGE?

It was explained on this page...

A lot of our future customers will be just ordinary people who will want to buy a game. They do not know anything about crypto and maybe they even don't want to get involved in it. We have to have this in mind. It would be very stressful for them if they would buy some tokens one day and another day it would have totally different value. This could discourage them to switch from current methods of payments and that is something we definitely don't want to do.

This is to make prices look stable.

So what sence in investors tokens? What liquidity and perspectives will have investors?

I think its in interesting approach and the sense is very clear: you can trade ALX on the exchanges while ALA's price is stable and bound to FIAT. So ALA is just used to buy something from their site and ALX is to invest into the project

But what sence in this ALX tokens, if people would not be use them? For game, people will be using only ALA tokens 

ALX tokes important part of the project which helps to connect crypto community with a mobile gaming community. Crypto people can buy ALX as an investment or exchange it for ALA to buy games or apps or sell it to customers who do. And customers not familiar with crypto don't have to get involved in it if they don't want. They will just use these tokens pegged to FIAT.

[Makkara]

ALX tokes important part of the project which helps to connect crypto community with a mobile gaming community. Crypto people can buy ALX as an investment or exchange it for ALA to buy games or apps or sell it to customers who do. And customers not familiar with crypto don't have to get involved in it if they don't want. They will just use these tokens pegged to FIAT.

i think in the end it make sense, so you can get in everybody is interested in actually using the platform to make purchases and well speculators or crypto enthusiast as well

[Bolovich]

ALX tokes important part of the project which helps to connect crypto community with a mobile gaming community. Crypto people can buy ALX as an investment or exchange it for ALA to buy games or apps or sell it to customers who do. And customers not familiar with crypto don't have to get involved in it if they don't want. They will just use these tokens pegged to FIAT.

i think in the end it make sense, so you can get in everybody is interested in actually using the platform to make purchases and well speculators or crypto enthusiast as well

Then, what is the utility of ALX? It only serves to buy ALA tokens or it has some other utilities?