WHAT IS ALC?
ALC refers to the Aladdincoin which is a utility token based on Ethereum blockchain technology. Such Ethereum-based tokens can be used as a unit of account between merchants, affiliates, and networks in a blockchain-based network. ALC is neither a security nor a commodity.
WHAT IS THE TOTAL AMOUNT OF ALC ISSUED?
The total tokens issued is 31,000,000. Total tokens allocated for the Airdrop and ICO are only at 21,000,000. No new tokens will ever be issued after the ICO is concluded. The supply of our tokens is kept small to prevent devaluation.
WHICH PAYMENT METHODS WILL BE ACCEPTED IN THE ICO?
You can purchase ALC with Fiat. To participate in the ICO, you will need to be whitelisted and follow the instructions thereafter at https://cryptobarterhub.com/
WHAT ARE THE MINIMUM AND MAXIMUM BUYING TRANSACTIONS?
The ICO will accept minimum contributions of USD 100 and maximum contributions of USD 50,000. For institutional/larger orders than USD 50,000, please email us at email@example.com
ARE ALC SECURITIES?
Based on the steps we have taken and the nature of our token which was built in accordance with our compliance advisers, ALC will not be considered securities. They do not give dividends, representing a share of the issuer company, nor give any voting rights. We are continuously monitoring the evolving regulations in Singapore in the event of any changes.
WHEN WOULD YOUR TOKENS BE LISTED ON EXCHANGES?
Aladdincoin will be listed on exchanges from 1 August 2018.
WHAT IS CRYPTOPAY AND CRYPTOINSTAPAY?
Cryptopay is a 3rd generation payments system built for the mobile platform. It aims to combine blockchain technology, a plethora of service providers and next-generation e-payment systems ñ all in a single platform. Cryptoinstapay turns Instagram accounts into social storefronts and accepts ERC20 Token payments.
Please download our Whitepaper here