Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ALAX - The Blockchain Game Platform for Emerging Markets
by
kraterion
on 27/03/2018, 11:46:54 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.

A lot of our future customers will be just ordinary people who will want to buy a game. They do not know anything about crypto and maybe they even don't want to get involved in it. We have to have this in mind. It would be very stressful for them if they would buy some tokens one day and another day it would have totally different value. This could discourage them to switch from current methods of payments and that is something we definitely don't want to do.

Good, that's the current problem for mainstream adoption, when you put a token in exchanges its value becomes volatile in no time like every other coin/token