[ANN] ALAX - The Blockchain Game Platform for Emerging Markets - page 78.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: zgrdyg on April 04, 2018, 01:50:07 PM

Quote from: Amelie Poulain on April 04, 2018, 01:32:32 PM

Quote from: tudor_simion on April 04, 2018, 01:18:29 PM

Quote from: rjp55 on April 04, 2018, 12:45:40 PM

Quote from: belechau on April 04, 2018, 11:38:13 AM

Quote from: levyashin on April 04, 2018, 08:51:53 AM

Quote from: ALAX_io on April 04, 2018, 04:40:42 AM

Quote from: httthuy1989 on April 03, 2018, 11:31:09 AM

is there any bounty campaign?

No, there is only an airdrop on our telegram channel that you can join by filling up this form and joining our telegram group. You have to also confirm your registration with the bot - you will find the instruction once you will fill up the form or you can ask our telegram admins Wink

Why did you make an airdrop instead of bounty. The budget you are spending for airdrop is not that small and could easily become a bounty budget.

Why did you choose this?

It would indeed be more feasible to make a reward, in future a vote in return with reward, often depending on the investment made in the airdrop, can become a waste and source of future eviction, many hunters may not possess the same resistance of investors

I agree with levyashin, bounties are more efficient than some random airdrops. Bounty hunters can promote your project everywhere. I think you should consider bounty option too.

It would be better if they allocated the budget to a bounty campaign. I've seen they have signatures. I'm curious if someone has used them to promote their project. Better redeploy the airdrop budget to a signature campaign and I think they will be more successful.

At the moment there are already 58 thousand people in ALAX telegram group. This is good start, as far as I know - this is can be important criterion when the issue of listing is being decided!

I didn't know that the telegram group membership are a criteria in exchange listings, if so they are right starting with telegram. But they should also allocate some to bounty hunters i think.

Telegram user amounts are overrated.

Everyone knows that even if you make a 1$ worth of telegram airdrop you will get 40k people at least.

It doesn't mean anything for the project.

aveon

member

Activity: 434

Merit: 10

Quote from: bitcoin-shark on April 04, 2018, 03:24:37 PM

Quote from: king_of_alts on April 04, 2018, 11:45:41 AM

Quote from: cevap on April 04, 2018, 10:01:44 AM

Quote from: cantdecide on April 04, 2018, 07:47:52 AM

Quote from: ALAX_io on April 04, 2018, 07:42:01 AM

Quote from: Makkara on April 04, 2018, 07:14:41 AM

And there is no soft cap so in the end there is no clue what will be the minimum amount of tokens either?

There is no token burning so the number of tokens will be always the same. Participants get all the unclaimed tokens based on their TGE stake. So eg. if there will be just two participants and one buys one token and second three tokens, all remaining tokens will be divided among them in 1:3 ratio. -> This means that participants WON'T LOSE but WIN. Since the TGE is only 30 % of all tokens and if the 10 % would be burned - it would mean that ALAX team would have a stronger position and bigger share - 70:20 instead of 70:30. So thanks to not burning - participants will get more tokens but with the same value so it does not have any negative effect on their investment since their TGE share will be the same but they will have a bigger share of the whole cake. We decided to take this path because we think it is fairer to the investors and the circulation supply will be bigger.

Never saw it from this side but that is of course true. If you would burn tokens developer share would be much higher then without burning. Thank you for clarifying this. I will keep this in mind also for other projects.

Investors' shares stay the same, but tokens lose in value. It's like you paid for 10 euros for 10 tokens, but suddenly got 100. Not sure, however, if it really makes difference.

There is still a third way to do it. The sold tokens will always represent 30% of the total supply. You have to reduce the remeinaing 70% as well so either burn these as well or don't mint them in the first place.

in my opinion is good news, even if the unsold tokens will not be burned but will be distributed in proportion to the investors, i think is the best choice...

I can see like only moral feature in burning extra tokens - the cheaper they are, the less confidence in them do people possess. The smaller total of token almost always implies their higher exchange rate.

ImTotya

jr. member

Activity: 168

Merit: 4

Quote from: bitcoin-shark on April 03, 2018, 03:51:51 PM

Quote from: omwibya on April 03, 2018, 09:49:13 AM

Quote from: ALAX_io on April 03, 2018, 08:22:30 AM

Quote from: iad_xo on April 02, 2018, 10:05:59 AM

is ALAX doing ICO with fix ETH cost to save all investors from volatile price currently?

Yes. ETH price is fixed - 1 ETH = 10 000 ALX. Price of other tokens and coins will be fixed based on the 24 hr average of exchange rates with ETH before the start of the TGE.

cool, that's not a bad price guys. hopefully it will go up immediately after the sale.

i think this is an excellent decision that will gives confidence to investors, the fixed price seen the instability of the market is the best move...

It will be very interesting when the market is restored, and the price of coins fly up) It will be one of the most profitable investments!

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: king_of_alts on April 04, 2018, 11:45:41 AM

Quote from: cevap on April 04, 2018, 10:01:44 AM

Quote from: cantdecide on April 04, 2018, 07:47:52 AM

Quote from: ALAX_io on April 04, 2018, 07:42:01 AM

Quote from: Makkara on April 04, 2018, 07:14:41 AM

And there is no soft cap so in the end there is no clue what will be the minimum amount of tokens either?

There is no token burning so the number of tokens will be always the same. Participants get all the unclaimed tokens based on their TGE stake. So eg. if there will be just two participants and one buys one token and second three tokens, all remaining tokens will be divided among them in 1:3 ratio. -> This means that participants WON'T LOSE but WIN. Since the TGE is only 30 % of all tokens and if the 10 % would be burned - it would mean that ALAX team would have a stronger position and bigger share - 70:20 instead of 70:30. So thanks to not burning - participants will get more tokens but with the same value so it does not have any negative effect on their investment since their TGE share will be the same but they will have a bigger share of the whole cake. We decided to take this path because we think it is fairer to the investors and the circulation supply will be bigger.

Never saw it from this side but that is of course true. If you would burn tokens developer share would be much higher then without burning. Thank you for clarifying this. I will keep this in mind also for other projects.

Investors' shares stay the same, but tokens lose in value. It's like you paid for 10 euros for 10 tokens, but suddenly got 100. Not sure, however, if it really makes difference.

There is still a third way to do it. The sold tokens will always represent 30% of the total supply. You have to reduce the remeinaing 70% as well so either burn these as well or don't mint them in the first place.

in my opinion is good news, even if the unsold tokens will not be burned but will be distributed in proportion to the investors, i think is the best choice...

CryptoCutie

full member

Activity: 238

Merit: 131

The connection between the world of crypto and the world of non-banks has indeed a problem.
I hope ALAX can contribute something in the long run.

Frickeladm

jr. member

Activity: 182

Merit: 1

Quote from: Amelie Poulain on April 04, 2018, 02:08:16 PM

Quote from: zgrdyg on April 04, 2018, 01:50:07 PM

Quote from: Amelie Poulain on April 04, 2018, 01:32:32 PM

Quote from: tudor_simion on April 04, 2018, 01:18:29 PM

Quote from: rjp55 on April 04, 2018, 12:45:40 PM

Quote from: belechau on April 04, 2018, 11:38:13 AM

Quote from: levyashin on April 04, 2018, 08:51:53 AM

Quote from: ALAX_io on April 04, 2018, 04:40:42 AM

Quote from: httthuy1989 on April 03, 2018, 11:31:09 AM

is there any bounty campaign?

No, there is only an airdrop on our telegram channel that you can join by filling up this form and joining our telegram group. You have to also confirm your registration with the bot - you will find the instruction once you will fill up the form or you can ask our telegram admins Wink

Why did you make an airdrop instead of bounty. The budget you are spending for airdrop is not that small and could easily become a bounty budget.

Why did you choose this?

It would indeed be more feasible to make a reward, in future a vote in return with reward, often depending on the investment made in the airdrop, can become a waste and source of future eviction, many hunters may not possess the same resistance of investors

I agree with levyashin, bounties are more efficient than some random airdrops. Bounty hunters can promote your project everywhere. I think you should consider bounty option too.

It would be better if they allocated the budget to a bounty campaign. I've seen they have signatures. I'm curious if someone has used them to promote their project. Better redeploy the airdrop budget to a signature campaign and I think they will be more successful.

At the moment there are already 58 thousand people in ALAX telegram group. This is good start, as far as I know - this is can be important criterion when the issue of listing is being decided!

I didn't know that the telegram group membership are a criteria in exchange listings, if so they are right starting with telegram. But they should also allocate some to bounty hunters i think.

Of course this is not the main criterion, however, when the project does not have large community, good exchanges may refuse to be listed.

ehm....where did you get that information? As far as i know, the only thing that counts for an exchange is money. You pay them, they list you.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Really? I was under the impression that if you pay and your token isn't a security you're good to go on almost every exchange. Didn't know this community thing, are you sure?

Amelie Poulain

full member

Activity: 518

Merit: 101