Re: [ANN] ALAX - The Blockchain Game Platform for Emerging Markets
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?
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?
We have two tokens - you can find detailed info about them in this blog. Here is the comparison:
The ALA will be simply pegged to FIAT so there won't be fixed exchange rate to ALX. ALX is the token which will participants of our TGE get.