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ALLEX logo
WebsiteLatoken Launchpad

ALLEX (ALX) STO

STO
IEO

We are working to create the world’s first security token standard. Beginning with ST issuance, management, settlement, and related operations, we work to provide solutions for KYC/AML for security token exchanges.

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Overview

Project industryBlockchain Infrastructure
Product typeCryptocurrency
FoundedPhilippines

What is ALLEX

“ALLEX” uses Stellar Blockchain's original protocol “SCP (Stellar Consensus Protocol)” and is mainly used for small remittance between individuals. In terms of scalability (processing capacity of 1,000 times/second), Stellar can be used internationally with high speed, for example, linking with IT company “IBM” and financial consulting company “Detroit Tohmatsu” because it can reduce transaction costs. In areas such as the Philippines and West Africa, Stellar is expected to cover the needs of people who could not have the bank accounts so far, such as using low-cost financial services.

The ALLEX token is being developed on the assumption that various security tokens will be issued based on the ALLEX token in the future, aiming to become an axis currency in the security token industry. In the crypto-asset market, various tokens have been issued based on Ethereum, but in the security token market, we will continue our efforts to make the alternative role of ETH.

Security token "ALLEX" was approved by ABACA, a self-regulatory organization of CEZA in the Philippines, and will be sold on October 15, 2019.

Details

Public sales: Dec 01, 2019 - Mar 31, 2020
IEO (Latoken Launchpad): Feb 17, 2020 - May 08, 2020
Token supply: 1,000,000,000 ALX
Total tokens for sale: 300,000,000 ALX
Soft cap: 10,000,000 USD
Hard cap: 30,000,000 USD

Legal

Blockchain Platform: Stellar
Office address: Cyberpark, St. Ana, Cagayan, Philippines
Third Floor, Landmark Square, 64 Earth Close PO Box 707 Camana Bay Grand Cayman Cayman Islands KY1-9006

Token info

Ticker: ALX
Type: Security
Token price in USD: 1 ALX = 0.1 USDT
Token distribution:
Locked Up - 70%
STO Public Token Sale - 30%
Funds allocation:
50% - Acquisition of ST exchange operation licenses in Malaysia, Estonia, the United States, Chile etc.
20% - Research & Development
10% - ST exchange operations with CEZA
10% - Advertisement
5% - Marketing
5% - Legal Costs & Intellectual Properties

Offices on the map

ALLEX Roadmap

1
Q1 2020
  • Launch the ALLEX security token exchange
  • Launch the ALLEX token sale on ALLEX exchange
  • Launch the ALLEX STO Innovation project
  • Release of ALLEX TOKEN wallet app
  • Build a network of Sponsors
  • Listed on the Security Token Project (first)
  • Provision of ALLEX TOKEN transaction service
  • Provision of ALLEX TOKEN smart contract service
  • 2
    Q2 2020 - Q4 2020
  • Listed on the Security Token Project (2nd to 10th)
  • Start of system introduction plan to Southeast Asian countries
  • STO educational activities in Japan
  • STO educational activities in emerging countries
  • Agreement with governments of each country on STO law development
  • Implementation of ALLEX TOKEN rights transfer and transfer functions
  • Implementation of ALLEX TOKEN chargeback function December 2020
  • Full support for ALLEX TOKEN AML and KYC on the Blockchain
  • 3
    Q1 2021 - Q4 2021
  • Listed on the Security Token Project (11th to 50th)
  • Introduction of STO system to emerging countries (5 countries)
  • Launch of international project on the usefulness of STO in capital markets
  • ALLEX Exchange: 100,000 user registrations
  • Agreement with governments of each country on STO law development
  • 4
    Q1 2022 - Q4 2022
  • Listed on the Security Token Project (51th to 100th)
  • Introduction of STO system to emerging countries (10 countries)
  • Launch of startup support services in emerging counties
  • ALLEX Exchange: 500,000 user registrations
  • Established international status as a provider of private equity to general investors
  • Project team

    Taisei Yamaguchi
    Taisei Yamaguchi
    Head of Business Development
    John Bailon
    John Bailon
    CHIEF STRATEGIST OFFICER
    Ronald M. Tucker
    Ronald M. Tucker
    CHIEF STRATEGIST OFFICER
    Brian Aldous L. Fernandez
    Brian Aldous L. Fernandez
    LEGAL MANAGER
    Loue B. Olivares
    Loue B. Olivares
    FINANCE OFFICER
    Minoru Yamazaki
    Minoru Yamazaki
    BLOCKCHAIN STRATEGIST

    Social media

    ALLEX web-siteALLEX MediumALLEX TelegramALLEX TwitterALLEX Facebook

    User rating:

    5/5 ( 1 )
    1

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