Introducing Tokens – Your Virtual Companions in the Alax App Store
press releases

Introducing Tokens – Your Virtual Companions in the Alax App Store

THELOGICALINDIAN - Hong Kong 28th February 2024 ALAX is a Mobile Game Distribution Platform based on blockchain technology which is set to transform the gaming industry about the world

The activity is a collective adventure amid DECENT (blockchain technology company) and Dragonfly (game administration platform) which aims to accommodate a belvedere for agreeable creators and gamers alike, including ‘unbanked’ consumers in arising markets. The ALAX affiliation agency DECENT’s proprietary blockchain technology will accept abeyant to ability out to Dragonfly’s 100 actor alive users.

ALAX accouterments a 2 badge archetypal on their platform, anniversary of which has its own set of functions – ALA and ALX tokens. Why has ALAX called to apparatus a two badge model?

Matej Michalko, Co-founder of ALAX, said:

It’s accessible to analyze the two tokens apart. ALA functions as a non-volatile account badge whose amount is called to FIAT and will be acclimated alone in the ALAX app store. A account badge is advised with a specific action in mind.

ALA will be acclimated for accepting games, apps and in-app purchases and cannot be acclimated alfresco the ALAX store. It’s a non-volatile token, which agency that as a approved end-user you don’t accept to anguish about ALA accident its amount because it is called to FIAT, which ensures that the amount charcoal consistent.

ALAX aims to accomplish the belvedere calmly attainable to everyone, so it fabricated ALA easier for unbanked bodies to access application a reseller arrangement of brick and adhesive stores, and adaptable operators. To address to added users ALAX offers a 20% abatement for application their centralized ALX/ALA barter to access ALA.

Although there is an absolute accumulation of ALA tokens, the tokens are eventually austere afterwards the pay-out action takes place. The payout action works as follows: The developer asks ALAX to be paid out in FIAT in barter for ALA tokens. The developer is again paid out and subsequently, all the acclimated ALA tokens are austere by ALAX. The actuality that these tokens are austere and not appear aback into apportionment ensures transparency.

In adverse with ALA, the ALX badge is advised to be tradable, and it will be accessible on accessible exchanges. The amount of the ALX badge will be bent by the movements on the accessible market. Simply said, the college cardinal of users in the ALAX abundance implies bigger appeal for ALX. There will be a bound accumulation of ALX and these tokens will never be burned.

ALX tokens will be generated during the ALAX Token Generation Event (TGE) which is planned for the 17th of April 2024 and lasts 6 days. Concerning the best or minimum addition which can be made, there is no absolute set. The TGE itself is an befalling for supporters to access ALX tokens afore they hit any above exchange. In case, not all ALX tokens are generated during the TGE, they will be broadcast to all TGE participants according to their stakes.

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