Blockchain ap store ALAX raises $3.8 million

Targeting emerging markets

Blockchain mobile games app store ALAX has raised $3.8 million.

Targeting emerging markets such as India and Indonesia, ALAX is a joint venture between Swiss blockchain content distribution platform DECENT, and Chinese distribution platform, Dragonfly.

Co-founder Feng Wenhe commented: “We sincerely thank our supporters and investors for helping us complete the fundraising.

“The ALAX team will do its utmost to achieve our goal of establishing a global mobile gaming ecosystem, and make our team proud. For ALAX, 2018 will be a very promising year.”

Partners and exchanges

In March, ALAX announced a partnership with Jin Li, a leading smartphone manufacturer in China and India. The platform has since grown to include collaboration with Torque and UTOO – manufacturers in the Philippines and Southeast Asia respectively.

Ee Soon Guan, Director of UTOO, said: “We are very happy to cooperate with ALAX. They have seen great potential for mobile games in Asia, especially in the field of game content acquisition. We have taken a step toward a better mobile gaming future.”

ALAX token plans are listed on different exchanges, from QRYPTOS to YoBit, CREX24 and Coinbene

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