To be honest, I don't really understand how this ALA token will work. Will it be the same as USDT? So for every ALA Alax is creating they need to have a certain amount of fiat on their bank account?
I think its already explained on here
https://medium.com/alax-io/our-tokens-your-virtual-companions-in-the-alax-app-store-e00583a10535 (already posted above)
There is an unlimited supply of ALA tokens, which are only burned when the developer requests a pay-out. The pay-out process works like this: The developer asks ALAX to be paid out in FIAT in exchange for ALA tokens. The developer is paid out and subsequently, all the used ALA tokens are burned by ALAX which ensures transparency.