Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ALAX - The Blockchain Game Platform for Emerging Markets
by
areschen
on 26/03/2018, 15:18:08 UTC
Hey, got interested into your project and read the one pager.

Can you explain me why you need two types of tokens and not just stick with one?

The need for two tokens is mainly based on the need to have a fixed price for apps, which is important for consumers as well as for developers. You can find the reasoning and all important info about ALA and ALX tokens in one of our blogs.

I still don't see the point for two tokens then?
You could make the fixed price in a $ value, while the main token will be of course will be have an value given by the market price. It is in fact the same for when you first trade your token one to token two to pay. Instead you just pay the $ price in token one with the current market price value/volume ratio.

So we have a token that is anchored with USD ?   How does the team guarantee the value of this token?