[ANN] ALAX - The Blockchain Game Platform for Emerging Markets - page 46.

Frickeladm

jr. member

Activity: 182

Merit: 1

Quote from: king_of_alts on April 16, 2018, 04:13:38 AM

Quote from: matjas on April 16, 2018, 04:11:05 AM

Quote from: batako on April 16, 2018, 02:20:41 AM

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

No softcap policy sometimes lead to the misunderstanding condition. What if they get very small investment? How the project will be developed if they had only small capital? If for example they already have the fund from their own pocket, why they make an ICO?

Whitepaper doesn't provide much details regarding this issue. It just says that the project will continue regardless the amount raised.

Maybe they have raised some seed capital from institutional investors or business angels so that the soft cap is secured already.

But shouldnt they mention something like that somewhere like in this thread or even in the whitepaper? I mean, its an important information

king_of_alts

member

Activity: 476

Merit: 10

Quote from: matjas on April 16, 2018, 04:11:05 AM

Quote from: batako on April 16, 2018, 02:20:41 AM

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

No softcap policy sometimes lead to the misunderstanding condition. What if they get very small investment? How the project will be developed if they had only small capital? If for example they already have the fund from their own pocket, why they make an ICO?

Whitepaper doesn't provide much details regarding this issue. It just says that the project will continue regardless the amount raised.

Maybe they have raised some seed capital from institutional investors or business angels so that the soft cap is secured already.

matjas

full member

Activity: 798

Merit: 115

Quote from: batako on April 16, 2018, 02:20:41 AM

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

No softcap policy sometimes lead to the misunderstanding condition. What if they get very small investment? How the project will be developed if they had only small capital? If for example they already have the fund from their own pocket, why they make an ICO?

Whitepaper doesn't provide much details regarding this issue. It just says that the project will continue regardless the amount raised.

ALAX_io

member

Activity: 583

Merit: 13

Quote from: Frank37 on April 15, 2018, 06:09:30 AM

Quote from: ALAX_io on April 15, 2018, 05:27:12 AM

Only two days left until our TGE starts! Do you have your ETH wallet ready? You will need one to receive your ALX tokens. If you need a help, you can check our guide how to create one.

Will there be a KYC procedure?

Yes, there will be a KYC. Link to the KYC form should be included in the confirmation email.

jonnytracker

sr. member

Activity: 672

Merit: 261

Quote from: cantdecide on April 16, 2018, 02:42:09 AM

Quote from: omwibya on April 16, 2018, 02:22:31 AM

Quote from: Makkara on April 16, 2018, 12:49:37 AM

Quote from: googol.star on April 15, 2018, 08:16:35 PM

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

I think they can, if the token is not a security, which is not from what i read about the project. In any case the team is often passing in and answering questions, if i'm wrong he will give you the answer

is there gonna be a KYC in the TGE? if not then anyone can participate. if yes, then you might be out of luck.

I think there will be a KYC as this is getting standard these days in ICOs. Of course not 100% sure but I don't think they will skip on this.

Which ICO does not require KYC ?

cantdecide

full member

Activity: 336

Merit: 112

Quote from: omwibya on April 16, 2018, 02:22:31 AM

Quote from: Makkara on April 16, 2018, 12:49:37 AM

Quote from: googol.star on April 15, 2018, 08:16:35 PM

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

I think they can, if the token is not a security, which is not from what i read about the project. In any case the team is often passing in and answering questions, if i'm wrong he will give you the answer

is there gonna be a KYC in the TGE? if not then anyone can participate. if yes, then you might be out of luck.

I think there will be a KYC as this is getting standard these days in ICOs. Of course not 100% sure but I don't think they will skip on this.

omwibya

member

Activity: 434

Merit: 10

Quote from: Makkara on April 16, 2018, 12:49:37 AM

Quote from: googol.star on April 15, 2018, 08:16:35 PM

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

I think they can, if the token is not a security, which is not from what i read about the project. In any case the team is often passing in and answering questions, if i'm wrong he will give you the answer

is there gonna be a KYC in the TGE? if not then anyone can participate. if yes, then you might be out of luck.

batako

sr. member

Activity: 1022

Merit: 252

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

No softcap policy sometimes lead to the misunderstanding condition. What if they get very small investment? How the project will be developed if they had only small capital? If for example they already have the fund from their own pocket, why they make an ICO?

jonnytracker

sr. member

Activity: 672

Merit: 261

Quote from: account78 on April 16, 2018, 12:32:15 AM

Hello everyone. With whom I can talk about the proposal of advertising integration? Thanks!

Use the contact us form in their official website ?

Makkara

full member

Activity: 1064

Merit: 166

Quote from: googol.star on April 15, 2018, 08:16:35 PM

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

I think they can, if the token is not a security, which is not from what i read about the project. In any case the team is often passing in and answering questions, if i'm wrong he will give you the answer

account78

jr. member

Activity: 159

Merit: 1

Hello everyone. With whom I can talk about the proposal of advertising integration? Thanks!

Frickeladm

jr. member

Activity: 182

Merit: 1

Quote from: googol.star on April 15, 2018, 08:16:35 PM

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

Yes you can, its also stated in the Whitepaper. This is more or less something like a disclosure

googol.star

newbie

Activity: 71

Merit: 0

Hi, in the website it says

"If the participant is not a citizen or resident of a country, whose legislation conflicts with obtaining or distributing cryptographic tokens, then they can participate in our TGE."

Can people from the United States participate in this?

jvper

hero member

Activity: 966

Merit: 507

Quote from: hazenyc on April 15, 2018, 06:32:16 PM

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

A soft cap does make sense, but maybe they are confident enough to know that they raise sufficient money to make the project happen.

They are big enough to do it without an ICO actually, but they need to distribute tokens. That's why they are conducting an ICO. They could even only do an airdrop instead but of course they wanna raise money.

hazenyc

sr. member

Activity: 668

Merit: 257

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan differ from getting hardcap worth of eth?

A soft cap does make sense, but maybe they are confident enough to know that they raise sufficient money to make the project happen.

globus_mipa

newbie

Activity: 154

Merit: 0

I like this beautiful project. Great team members

Trrrt

full member

Activity: 448

Merit: 107

The TGE start soon, two days to wait more. Let’s see if with the little restart of the market it will profit to ico and go alax. The visibility of the project seems nice, so I think there will be some investors. At least I think they can raise enough fund to develop the project.

neolinkhati

legendary

Activity: 980

Merit: 1000

Premium

Quote from: EggieR on April 15, 2018, 12:35:52 PM

Game developers can add alax currency in their games ?

ALX and ALA tokens !

See here:

https://medium.com/alax-io/advantages-for-developers-what-alax-brings-to-the-table-c4dcbd178c4a?source=---------11----------------

https://medium.com/alax-io/our-tokens-your-virtual-companions-in-the-alax-app-store-e00583a10535?source=---------19----------------

https://medium.com/alax-io/we-do-give-a-f-a-q-3578017b465f?source=---------18----------------

greatteager

sr. member

Activity: 420

Merit: 250

Quote from: cevap on April 15, 2018, 02:39:18 PM

Quote from: rjp55 on April 15, 2018, 01:01:40 PM

Quote from: o48o on April 15, 2018, 12:58:26 PM

As an investor, no softcap policy is a good in a short term investing, but as i want to see you thrive, how does this actually work if you'll get less then 100 eth? I am not saying you do but how would your future plan would differ from getting hardcap worth of eth?

I think they have a plan for this of course but this project has enough ability to reach expected investments, now the market is on the rise again also advantage for them.

They seem to be really ambitious, since the token sale will last just for a week. I hope they know what they are doing. Markets, however positive our expectations are, still haven't completely recovered.

This is good for investors, there will be a possibility of growth on exchanges, as many will not have time to participate in ICO.

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: rjp55 on April 15, 2018, 01:48:31 PM

Quote from: turkandjaydee on April 15, 2018, 09:00:03 AM

Quote from: traveler007 on April 15, 2018, 06:58:52 AM

Quote from: ALAX_io on April 13, 2018, 03:56:45 AM

Quote from: Frickeladm on April 13, 2018, 03:26:55 AM

Quote from: ALAX_io on April 13, 2018, 02:34:23 AM

Quote from: traveler007 on April 13, 2018, 12:02:22 AM

Quote from: matjas on April 12, 2018, 04:42:46 PM

Quote from: Trrrt on April 12, 2018, 03:56:56 PM

I think it’s important to aim both android and iOS, there is user and market on both. Emerging markets has more users with android I think. It will b intéressant to see how the alax store will work and how it will connect devs and customers.

Alax is concentrating on unbanked countries and iOS users probably do have credit/debit cards. So I'd say it's better to make Android their priority, especially in the beginning, when financial resources are limited.

How you going to adversite your store? The important part in succes - marketing. And there are will be very hard compete with such store like Googleplay.

Google play does not have very strong position on China's market and as we are going to focus on unbanked people - Google play is not much of a competition for us since you need a credit/debit card if you want to buy app/game there. There is a lot of other competitors but none of them is using the blockchain - they are using mobile network operators to process the payments and they have really high fees (30 - 70% from the price of the app). Therefore we think we have a really good chance to succeed since we will have better price and we are focusing on the unbanked segment of customers.

So you are saying that your store will advertise itself? Is this correct? Cause you didnt cleary answer the question about your marketing strategy

We are preparing several marketing activities which should help to get our Store even to the phones where it is not pre-installed. It should be in a form of a contest but I cannot say any more at the moment. We are now focusing on TGE and contracts with mobile phone manufacturers. Then there will be a development and only then will come marketing activities towards customers.

With which phone manufacturers you have partnership already? And why they agree for your platform if this still not ready? Roll Eyes

Its gionee, one of China's and India's largest smartphone manufacturers who shipped nearly 33 million smartphones worldwide in 2016.
This is the full article https://www.inc.com/darren-heitner/how-a-mobile-gaming-marketplace-plans-to-take-over-asia.html

I missed that article, thanks for sharing. I heard Gionee but its not popular on my country, but 33 million phones is quite a good number i think.

Quote from: rjp55 on April 15, 2018, 01:48:31 PM

Quote from: turkandjaydee on April 15, 2018, 09:00:03 AM

Quote from: traveler007 on April 15, 2018, 06:58:52 AM

Quote from: ALAX_io on April 13, 2018, 03:56:45 AM

Quote from: Frickeladm on April 13, 2018, 03:26:55 AM

Quote from: ALAX_io on April 13, 2018, 02:34:23 AM

Quote from: traveler007 on April 13, 2018, 12:02:22 AM

Quote from: matjas on April 12, 2018, 04:42:46 PM

Quote from: Trrrt on April 12, 2018, 03:56:56 PM

I think it’s important to aim both android and iOS, there is user and market on both. Emerging markets has more users with android I think. It will b intéressant to see how the alax store will work and how it will connect devs and customers.

Alax is concentrating on unbanked countries and iOS users probably do have credit/debit cards. So I'd say it's better to make Android their priority, especially in the beginning, when financial resources are limited.

How you going to adversite your store? The important part in succes - marketing. And there are will be very hard compete with such store like Googleplay.

Google play does not have very strong position on China's market and as we are going to focus on unbanked people - Google play is not much of a competition for us since you need a credit/debit card if you want to buy app/game there. There is a lot of other competitors but none of them is using the blockchain - they are using mobile network operators to process the payments and they have really high fees (30 - 70% from the price of the app). Therefore we think we have a really good chance to succeed since we will have better price and we are focusing on the unbanked segment of customers.

So you are saying that your store will advertise itself? Is this correct? Cause you didnt cleary answer the question about your marketing strategy

We are preparing several marketing activities which should help to get our Store even to the phones where it is not pre-installed. It should be in a form of a contest but I cannot say any more at the moment. We are now focusing on TGE and contracts with mobile phone manufacturers. Then there will be a development and only then will come marketing activities towards customers.

With which phone manufacturers you have partnership already? And why they agree for your platform if this still not ready? Roll Eyes

Its gionee, one of China's and India's largest smartphone manufacturers who shipped nearly 33 million smartphones worldwide in 2016.
This is the full article https://www.inc.com/darren-heitner/how-a-mobile-gaming-marketplace-plans-to-take-over-asia.html

I missed that article, thanks for sharing. I heard Gionee but its not popular on my country, but 33 million phones is quite a good number i think.

i also missed this article i only read it now, i had not felt about this gionee is not present in my country but if it has 33 million possible users in china/asia is a good partnership...

Topic: [ANN] ALAX - The Blockchain Game Platform for Emerging Markets - page 46. (Read 75388 times)