Altura Price Stats
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Market Cap: $12,094,217
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Circulated Supply: 632,757,188 ALU
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Supply Cap: 1,000,000,000 ALU
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All-Time High: $0.462652 (Nov 3, 2021 -95.8%)
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All-Time Low: $0.00255407 (July 19, 2021, +656.0)
Brief History of Altura
Altura is a platform for developers interested in creating web3 and integrating games into web3 to do so without any web3 knowledge. The project’s goal is to develop an open and accessible user interface for the development of smart NFTs. Furthermore, the project, according to the whitepaper, aims to create an open marketplace for transacting NFTs on the blockchain network. One of the current issues that users face is a lack of ownership. Gamers do not truly own their virtual possessions. They also lack the ability and freedom to send, receive, and trade such items. The reason for this is the game developers’ centralized control over in-game items. Such developers’ actions of closing, manipulating, and even deleting items do not give gamers a true sense of ownership. The token Altura was released in May 2021. Altura can be traded on gate.io, LATOKEN, and baby swap. It is currently ranked 716th on coinmarketcap and 822nd on coingecko. So far, they’ve completed the majority of their roadmap, including the launch of a landing page, marketplace, and staking platform, as well as the creation of their first smart NFTs, Altura penguins, and the launch of a developer portal.
Altura Team
Majid Hailat, a former University of Toronto student and talented full-stack web developer with over 5 years of programming experience founded the company.
Maxim Sindall, who previously developed ‘Understanding Computing,’ an education program in which he assisted students in expanding their knowledge of cryptocurrency and blockchain, co-founded the company.
Deor, Long Hong Wang, Daniel Zhou, and James Gao are all full-stack engineers, as is Alex Kosloff, who is in charge of sales and partnerships, Raven, who is a graphic designer and social media manager, and Bashar Mograbi, who is in charge of finance.
Features of Altura
- Integration of blockchain-backed assets into an application is simple.
- The ability to use any blockchain of your choice.
- Altura enables developers to use blockchain-backed assets from other projects to enable cross-game items and multi-game economics on their own.
- Provides a platform, exposure, and a vibrant community for the promotion of new web3 games.
Advantages of Altura
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Simple creation of Web3 games.
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Support for multiple chains.
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Startup funds for developers.
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A deployment launchpad.
Disadvantages of Altura
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The price of $ALU is falling.
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The road map has not been fully realized.
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Other blockchains must still be integrated.
Use Cases of Altura
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Web3 game creation.
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Launchpad for games.
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Game promotion to attract new players.
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Startup for developers.
Summary
Altura is a web3 game development platform that enables game developers to use blockchain-backed assets without prior knowledge of web3 by providing developers with the tools, support, and infrastructure needed to easily integrate web3 technology into their games and applications. Altura also allows web3 games to be funded, launched, and promoted.
