TGE is Finished, ALAX is Firing Up The Engines!

ALAX, a global mobile game distribution platform which enables game developers to access over a hundred million users finished its Token Generation Event. From Tuesday, April 17 until Monday, April 23, the project was aiming to stir up the world of blockchain and the mobile gaming industry. The participation, during those 6 days, was adequate and it kept a stable pace.

There were 300’000’000 ALX tokens dedicated to two rounds of the ALAX TGE. As the whitepaper stipulates, there won’t be any burning and all those tokens are going to be distributed to the TGE participants on a pro-rata principle. Based on the results, every participant is eligible for a 10% bonus and those who contributed with DCT coins will receive an extra 10% bonus.

In total, ALAX raised $3’832’493.8 (according to coinmarketcap rates on Monday, April 23, 2018). With no soft cap set, the project would have continued no matter what amount was collected.

The ALX token is going to hit various exchanges, starting with QRYPTOS, followed by YoBit, CREX24 and Coinbene. The team is completing the TGE data in order to generate and distribute the tokens by that time. Once the tokens are listed on the exchanges they will be tradable and later on they can be used to obtain the ALA tokens in the ALAX app store with a 20% bonus! The ALA/ALX token interchange as well as the mission of the project are described in ALAX’s explainer video.

“We are grateful for each and every one of our supporters, that cheered us on and helped us to complete our TGE. The ALAX team will be working hard to achieve everything we set out to do, ensuring that the funds raised will be used in the best possible manner to deliver a store all of us can be proud of.” says Kalvin Feng, Co-founder of ALAX.

ALAX has also released the MVP for its app store showing its basic functionalities. The final version promises many other features which are now in the development phase.

“The year 2018 holds a lot of promise for us, and we will have our hands full. During the summer we will be launching the ALAX Testnet which will be followed by the launch of the Mainnet and the Store Beta. We hope to conclude the testing of everything by the end of the year and we estimate that the final product, the ALAX store itself, will be fully operational and launched by the end of Q1 of 2019.” explains Feng.

About ALAX

ALAX is a Mobile Game Distribution Platform, based on blockchain technology, which is set to transform the gaming industry around the world. It is a joint venture from blockchain technology business DECENT and app and game distribution platform Dragonfly, and aims to provide a platform for content creators and gamers alike, including ‘unbanked’ consumers worldwide. The ALAX partnerships means DECENT’s proprietary blockchain technology will be immediately rolled out to Dragonfly’s over 100 million active users.

The post TGE is Finished, ALAX is Firing Up The Engines! appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I...
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker ...
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less ...
Baca selengkapnya