Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ALAX - The Blockchain Game Platform for Emerging Markets
by
aveon
on 19/04/2018, 21:35:40 UTC
Hello!
I'd be grateful if you can answer me these two questions:
1) ICO is performing quite bad so far. If unsuccessful, would you return invested funds to investors?
2) On your alax.io page, FAQ says:
"Is there a mandatory KYC form?
KYC might be required in some cases - we will contact participants right after their contribution in case it's needed."
So, it doesnt say its mandatory for everyone. Otherwise its very misleading.
If someone is not comfortable with KYC would you issue a refund or those funds are lost in that case?
Thank you

Hello.

1) We didn't have a soft cap, so we cannot speak about unsuccessful TGE. I am not sure if there are already all private investors since not all deals have been made yet. Even if there won't be much more participants and claimed tokens in the TGE, all tokens will be redistributed among the participants based on their stake (so no refund in this case).
2) In the time we have prepared the FAQ, we weren't completely sure if there will be a mandatory KYC procedure but later our legal advisors advised us to have it mandatory. If someone did not pass the KYC or he/she will reject to do it, we will, of course, make a refund.

Having no soft cap doesn't make an ico success. I was also thinking it was unsuccessful but it seems investors jumped in after my last check.

21 531 109 ALX already booked!  -- It was around 5 million last time i checked. So it means around 2 million euros. It is successful in my opinion now.

Investment numbers are raising everyday, now the altparty has started, i think good and boom times are ahead. Alax will gain more momentum with this market.
it's incredible how fast the market is changing. Just a week ago the future didn't look good and now all the alts are raising like in the past year.

It's changing fast, but not fast enough. But on the other side, steady growth is healthier than unexpected ups and downs.
Alax has a really short TGE, I hope they will be able to reach their goal.
I think the same. However, working here within the cryptomarket, we have to be ready for.everything, for any drastic or exciting changes. The only question is are you ready for that?