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

[traveler007]

All TGE participants who have successfully passed the KYC, pay attention! We have just started with the distribution of the ALX tokens. Find out why you will get more tokens than you have purchased and HOW TO ADD a custom token to your MEW.

Your link does not working. Improve please. And how much tokens we will get instead of basic amount?

[sge99]

All TGE participants who have successfully passed the KYC, pay attention! We have just started with the distribution of the ALX tokens. Find out why you will get more tokens than you have purchased and HOW TO ADD a custom token to your MEW.

Your link does not working. Improve please. And how much tokens we will get instead of basic amount?

Someone already posted the correct link: https://medium.com/alax-io/alax-to-distribute-tokens-to-tge-participants-9fc63511f47b. And in the article you can read about the calculated stake for distribution.

[ElephantPro]

I got my A-L-A-X tokens. Thank you. Looking forward to the future with this.

[traveler007]

Alax will be on CoinBene exchange? This is a good exchange, I like it. Pundi growed well there. Have you any date of listing? 

[ALAX_io]

Alax will be on CoinBene exchange? This is a good exchange, I like it. Pundi growed well there. Have you any date of listing? 

Well the exact date of listing is still confidential but we should be listed on Coinbene in the first half of May. 

[ALAX_io]

All TGE participants who have successfully passed the KYC, pay attention! We have just started with the distribution of the ALX tokens. Find out why you will get more tokens than you have purchased and HOW TO ADD a custom token to your MEW.

Your link does not working. Improve please. And how much tokens we will get instead of basic amount?

Sorry for the link problem but Picture is also always linked to the article. I fixed it in the original post as well as here  There are some numbers in the article and we are preparing the example of calculation - we will post it a bit later here.

[ALAX_io]

There is something wrong about the numbers.

As you might remember, no tokens will be burned, which means that we will be distributing all of the 300'000'000 ALX. The tokens will be distributed to all participants on a pro-rata basis. The calculated stake is 3.7536.

ALAX TGE has successfully ended!
You booked 62 440 816 ALX tokens.
Thank you for your support.

It should be 300.000.000/62.440.816 = 4.8045


So where did the difference go?

Hello. We have a mistake on our website (thank you for pointing that out, we are going to change it to the correct number). The number on the website was the number of generated tokens right after the clocks went to zero but there have still been some unprocessed transactions and we decided to count them in too. So that will make the difference. Everything is on the blockchain so you can check it by yourself (We also had two minor participants who decided that they do not want to make their KYC and want a refund). The final coefficient has been calculated after all these unprocessed and reclamation payments had been done and people who didn't make their KYC and didn't ask for a refund have their ALX tokens frozen until they make their KYC (They cannot ask for a refund anymore so this coefficient and number of tokens you got will stay the same forever now - no more changes).

[ALAX_io]

Redistribution of unclaimed tokens can be a bit confusing for participants. Therefore, we have decided to prepare some examples for those of you who have doubts and would like to check if they got what they should have.

Here are the official exchange rates for our TGE:
1 ETH = 10,000 ALX
1 DCT = 12.287798021560783 ALX
1 SPHTX = 5.44730033424901 ALX
1 BTC = 158,217.24607057808 ALX
1 LTC = 2,566.7753973999996 ALX
1 BCH = 15,012.386500779027 ALX

Redistribution coefficient: 3.7536

A) If you participated with 2.38 ETH:
1 - you claimed 2.38*10,000=23,800 ALX
2 - you got a 10% bonus for the first round: 23800*1.1=26,180 ALX
3 - and now the redistribution: 26,180*3.7536=98,269.248 -> this is how many tokens you received from the redistribution.
4 - The total is what you've claimed + your stake in the redistribution -> 98,269.248 + 26,180 = 124,449.248

If you participated using another coin or token (except DCT), you will apply the same procedure only with a different exchange rate.

B) If you participated with 4,856.73 DCT
1 - you have to use the DCT exchange rate: 4,856.73*12.287798021560783=59,678.5172853 ALX
2.1 - you got a 10% bonus for the first round: 59,678.5172853*1.1= 65,646.3690138 ALX
2.2 - you got a 10% bonus for participating with DCT: 65,646.3690138*1.1=72,211.0059152 ALX
3 - and now the redistribution: 72,211.0059152*3.7536=271,051.231803  -> this is how many tokens you received from the redistribution.
4 - The total is what you've claimed + your stake in the redistribution -> 72,211.0059152 + 271,051.231803 = 343,262.237719 ALX

[ALAX_io]

This project is very good and cool, I will follow this project. Which exchanges are you planning? When will it be possible to trade tokens?

We should be listed already next week  . You can find the list of exchanges we will be listed on here.

[Altcoinrusher]

This project is very good and cool, I will follow this project. Which exchanges are you planning? When will it be possible to trade tokens?

We should be listed already next week  . You can find the list of exchanges we will be listed on here.

This is a great progress to the ALAX community! I'm sure there will be more good news in the coming weeks ahead. Good job!

[premium_domainer]

Alax will be listed on Coinbene, Yobit, Qryptos, Crex24.

How did you make this happen?

I mean i saw tokens reach the hard cap and get listed on only idex or etherdelta. You must have amazing connections.

[rjp55]

Redistribution of unclaimed tokens can be a bit confusing for participants. Therefore, we have decided to prepare some examples for those of you who have doubts and would like to check if they got what they should have.

Here are the official exchange rates for our TGE:
1 ETH = 10,000 ALX
1 DCT = 12.287798021560783 ALX
1 SPHTX = 5.44730033424901 ALX
1 BTC = 158,217.24607057808 ALX
1 LTC = 2,566.7753973999996 ALX
1 BCH = 15,012.386500779027 ALX

Redistribution coefficient: 3.7536

A) If you participated with 2.38 ETH:
1 - you claimed 2.38*10,000=23,800 ALX
2 - you got a 10% bonus for the first round: 23800*1.1=26,180 ALX
3 - and now the redistribution: 26,180*3.7536=98,269.248 -> this is how many tokens you received from the redistribution.
4 - The total is what you've claimed + your stake in the redistribution -> 98,269.248 + 26,180 = 124,449.248

If you participated using another coin or token (except DCT), you will apply the same procedure only with a different exchange rate.

B) If you participated with 4,856.73 DCT
1 - you have to use the DCT exchange rate: 4,856.73*12.287798021560783=59,678.5172853 ALX
2.1 - you got a 10% bonus for the first round: 59,678.5172853*1.1= 65,646.3690138 ALX
2.2 - you got a 10% bonus for participating with DCT: 65,646.3690138*1.1=72,211.0059152 ALX
3 - and now the redistribution: 72,211.0059152*3.7536=271,051.231803  -> this is how many tokens you received from the redistribution.
4 - The total is what you've claimed + your stake in the redistribution -> 72,211.0059152 + 271,051.231803 = 343,262.237719 ALX

thanks for the clarification on the distribution side, easy example.
Btw. i might add starting with coinbene and other exchanges is marvelous. Good job team.

[zgrdyg]

Alax will be listed on Coinbene, Yobit, Qryptos, Crex24.

How did you make this happen?

I mean i saw tokens reach the hard cap and get listed on only idex or etherdelta. You must have amazing connections.

Listing those exchanges before going public is a huge success. i know projects still in forkdelta idex etc. like you mentioned, they dont care about their investors.

[jtalk]

It will not take much to get listed on exchanges to let other people join the project those will pick up from those trading platforms which will facilitate trades. I hope the distribution to all the investors will be completed sooner to let everyone have equal chance. Hopefully being launched in positive market trend it will perform as many are expecting.

[zgrdyg]

It will not take much to get listed on exchanges to let other people join the project those will pick up from those trading platforms which will facilitate trades. I hope the distribution to all the investors will be completed sooner to let everyone have equal chance. Hopefully being launched in positive market trend it will perform as many are expecting.

Token distribution timing is important as you said, early investors which has huge bonuses can dump and cash out easily when others even didn't get their tokens.

[traveler007]

This project is very good and cool, I will follow this project. Which exchanges are you planning? When will it be possible to trade tokens?

We should be listed already next week  . You can find the list of exchanges we will be listed on here.

CoinBene is a very good and perspective exchange. Cryptos exchange  - have difficult with KYC. And other (Youbit - not good exchange). But this is a good start 

[ALAX_io]

We are going to be listed on the first exchange - QRYPTOS - Tomorrow, May 6th, at 10 AM UTC!

[ALAX_io]

Alax will be listed on Coinbene, Yobit, Qryptos, Crex24.

How did you make this happen?

I mean i saw tokens reach the hard cap and get listed on only idex or etherdelta. You must have amazing connections.

We are using contacts that have DECENT and SophiaTX built 

[SeaSoul]

It seems this project has a serious development under the hood and I admire their continuous interaction in this thread even after the TGE.

Yes indeed, I like it too that they are still posting news and informing the community in BTCT. This isn't natural nowadays, some projects unfortunately abandon their thread even before the start of their ICO.

It should be natural nowadays. The investors are to blame as they fist throw their money. The projects where the teams don't answer should be punished by not receiving any funding.

Especially with the fact that community managers are just paid for that. In some projects they stop answering questions and post updates right after ICO and I'm fine as long as they post updates on medium, facebook, telegram and twitter but I agree with you if they stop their activities during the token sale

I am also fine if an update takes time as you often don't really have to report a lot every single week.I do like it though if they have someone to engage with the community via Telegram.

[BronxCats]

I did receive my coins. Thank you to the team.