Q: What is the ALAX project all about?
A: ALAX is a blockchain powered mobile games distribution platform with the focus on emerging markets. The main goal is to ensure everybody has access to mobile games, including people who are unbanked (without access to bank services) but have access to cash and smartphones. On top of that, this platform intends to improve content distribution, speed up payment processing, tackle piracy issues and integrate user rewards by utilizing the latest blockchain technology provided by DECENT’s DCore platform.
Q: Is there a prototype for ALAX?
A: The prototype for ALAX is still in development. The current version is used for promotion purposes only – to show the features of the product to the potential partners.
Q: When will ALAX Store be available?
A: The public beta version of ALAX Store will be available in September, 2018 (you can get a sneak peek of the new app in this blog). The full version of the store is planned for Q1 2019 and will support the following languages: English, Indonesian/Malaysian, Chinese, Korean, Japanese, and Vietnamese.
Q: Is ALAX Store for games only or will there also be non-gaming content?
A: ALAX Store is a mobile games distribution platform, it will consist solely of gaming content.
Q: How does ALAX relate to DECENT?
A: ALAX is a joint venture between DECENT and Dragonfly. DECENT is a blockchain technology company with its own proprietary blockchain, while Dragonfly is a well-established game distribution platform. This collaboration will combine the strengths of both companies to deliver the best possible experience to gamers with great market penetration from the very beginning.
Q: Why did we choose DECENT’s blockchain?
A: The DCore blockchain has been chosen because of its transaction speed (2000+ TPS), low transaction fees and blockchain capacity. It ensures better distribution, easier payments and is fast, efficient, green and secure.
Q: Does ALAX use a public or private blockchain?
A: Public – one of the main goals is to bring transparency and trust into the buyer/seller relationship. When you want to establish a lasting P2P (peer-to-peer) relationship, using a public blockchain is the only way to go.
Q: Why is ALX an ERC-20 token?
A: We know that it is important for TGE participants to have access to their tokens immediately, but to take advantage of timing in the market, the TGE needed to take place prior to the release of DECENT’s new wallet which allows for the creation and distribution of custom tokens (coming soon). The obvious solution was to offer the TGE on ERC20, and then as soon as the new DECENT wallet is released, ALX will be migrated to the DCore blockchain platform and ERC20 will be swapped for a DCore UIA (User Issuable Assets).
Q: Why are there two tokens and what will the utility token be used for?
A: ALAX is going to issue two tokens – ALX and ALA. While the ALA token will be used directly in the platform (app store) to pay for content (games and in-app purchases), ALX will be used to acquire ALA tokens on the ALAX exchange. ALA’s value will be pegged to FIAT and therefore only ALX can be accessible on public exchanges. ALA/ALX value will be set according to ALX/FIAT value on major public exchanges. To ensure market demand for ALX, there will be an attractive discount on ALA purchases using ALX tokens.
Q: What are the exchanges where I can buy and trade ALX tokens?
A: ALX is listed on Qryptos, Crex24 and Coinbene. Also, we have a few more exchanges to be announced soon.
Q: I have a question about current ALX value on exchanges…
A: We do not have any power over the exchange rates at which the ALX token is traded. The value of the ALX token depends solely on the market (supply and demand). We are doing our best to deliver everything we have committed ourselves to our roadmap and to continuously improve our platform.
Q: I am a game developer – how can I get my games published on the ALAX Store?
A: To become our partner, all you have to do is to register on our website. Go to the “Collaborate” section and submit your e-mail address. Our team will contact you to discuss the details of our future collaboration.