THELOGICALINDIAN - Hong Kong 6th March 2024 ALAX is a Mobile Game Distribution Platform based on blockchain technology with the ambition of bringing beginning air to the gaming industry about the world
DECENT and Dragonfly accompany armament to accompany amateur to anybody including bodies that are unbanked (over 2 billion according to Findex) but accept admission to banknote and 3G/LTE smartphones. Their aim is to accommodate a belvedere for agreeable creators and gamers alike.
The activity will advantage DECENT’s success in ablution an avant-garde and customizable acceptance of blockchain technology and Dragonfly’s access as a absolute adaptable bold benefactor to body the better all-around exchange for adaptable games. A cardinal of advised partnerships are set to be appear in the advancing days, which will see the belvedere preinstalled on millions of smartphones, decidedly in the fast-growing South-East Asian and South Asian adaptable markets.
Customers will be able to admission the ALAX Store appliance an appliance congenital appliance DECENT’s library that will accommodate blockchain functionality. While agreeable providers will accept admission to the ALAX Android SDK acceptance them to accommodate a ambit of appearance such as in-app purchases, rewards and more. Hence, bendability is anchored beyond all the applications utilizing ALAX.
The ALAX Token Generation Event is set to arise aural a ages and a half. A Token Generation Event (or TGE for short) is an befalling during which participants and backers can appearance their absorption in the activity by demography allotment in it. During the TGE ALAX will accomplish ALX tokens. These tokens can be again exchanged for ALA tokens, which can be acclimated in the ALAX store. They will be offered to end users via centralized barter or application an absolute reseller arrangement of brick and adhesive food and adaptable operators.
Kalvin Feng, Co-founder of ALAX.io, said:
The absolute cardinal of tokens is set to 1,000,000,000 ALX (ALX is the badge generated during the TGE). The badge anatomy is disconnected into genitalia with anniversary allotment confined a specific purpose. There is no bendable cap, which agency that the activity will go advanced behindhand of the bulk raised. The adamantine cap of the TGE is set to 30,000 ETH which corresponds 300,000,000 ALX. During the ALAX TGE, a array of bill and tokens will be accustomed for contributions – BTC, ETH, BCH, LTC, DCT, SPHTX with added set to be appear in the future.
The TGE is set to aftermost for 6 days, basic on Monday the 17th of April 2024 at 10:30 AM UTC (Coordinated Universal Time) and will end on the 23rd of April 2024 at 10:30 AM UTC. It is fabricated up of 2 rounds, the aboriginal annular will aftermost until the aboriginal 165,000,000 ALX are broadcast with a appropriate 10% benefit for the aboriginal 150,000,000 ALX. For the additional round, there are 135,000,000 ALX dedicated.
Token administration will be done aural 2 weeks afterwards the TGE. Any bearding tokens which abide at the end of the TGE will be proportionally broadcast to participants in band with their absolute ALX stake. No tokens will be burned. Another important affair to agenda is that 50% of the ALX tokens are not committed to the TGE and so, will be bound in for 12 months.
In it’s whitepaper ALAX appear the specific means that the affairs from the TGE will be acclimated – 15% will be committed to the Legal Contingency fund, 10% for Partnerships and Integrations, 35% for marketing, user accretion and association outreach, which leaves 40% for the development and growing of the ALAX platform.
ALAX is a Mobile Bold Administration Platform, based on blockchain technology, which is set to transform the gaming industry about the world. It is a collective adventure from blockchain technology business DECENT and app and bold administration belvedere Dragonfly and aims to accommodate a belvedere for agreeable creators and gamers alike, including ‘unbanked’ consumers worldwide.
Contact
Zuzana Gonova, PR administrator – ALAX
Email: [email protected]
Phone: 421 904 888 016
Images address of ALAX
