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Altura

Altura

Altura provides the tools and infrastructure for developers to create and integrate Smart NFTs in their video games and applications.

Overview

Altura is a developer of a smart contract platform and infrastructure that allows game developers to mint, distribute, and transact Smart NFTs representing in-game items. These Smart NFTs are NFTs with dynamic properties capable of being changed based on certain conditions, and are seen by Altura as the next step to making decentralized in-game items. Further, the Smart NFTs offer a range of potential opportunities that are not offered by traditional NFTs.

To help game developers, Altura offers an API, intended to offer an easy-to-use interface for creating Smart NFts; an open marketplace for transacting NFTs using the Altura token; and random smart loot boxes on the blockchain for game developers.

Platform
Smart NFTs

The Smart NFTs, offered by Altura, are intended to reside, along with their metadata, on the blockchain as BEP721 smart contracts. Further, Altura is working to provide an easy-to-use user interface to mint these Smart NFTs.

Loot boxes

As more game developers have turned to in-game loot boxes, especially as an additional source of revenue, Altura is working to provide game developers with a chance to develop NFT loot boxes. This allows the loot box to only be opened based on specific conditions, allows them to be completely random, and burns the loot box once it has been opened. Users are able to trade loot boxes in-game, if they so choose.

Marketplace

Altura is working to develop and provide a native marketplace for transacting NFTs created through Altura and allows anyone to list their NFTs for any price or sell them through as an auction. The marketplace is intended to be open for anyone to list an NFT, but users will be given the option to view only NFTs created by verified game developers. And as the marketplace is open, Altura wants to make it easy for game developers to have their items separately categorized for the masses. To do this, game developers are expected to have to be verified through a manual verification conducted by the Altura team. These verified game items are intended to be separated from the noisy open marketplace, into a noise-free marketplace for legitimate projects.

Altura token (ALU)

The Altura token (ALU) is the native currency of the Altura digital-asset marketplace and is used to buy and sell NFTs on the market. On the market, game developers are also offered item-transaction commission in ALU. The token is also the governance and determining token, giving token holders voting rights in the direction of the platform. The token has a maximum supply of 1 billion ALU, with a known 450 million ALU locked in vesting contracts dedicated to marketing, supply for potential DEX and CEX listings, operation and development, reserve and advisory, and team allocation.

Timeline

November 1, 2021
Altura NFT aims to use blockchain to improve gaming experience.
September 6, 2021
Altura announces new smart NFT platform

Patents

Further reading

Title
Author
Link
Type
Date

Altura announces new smart NFT platform | Cryptopolitan

Carisbel Guaramato

Web

September 6, 2021

Altura NFT Aims to Use Blockchain to Improve Gaming Experience

Web

November 1, 2021

Altura NFT Loot Boxes Are Drawing Nearer: What Does It Mean for the Gaming Industry? | Benzinga

Web

Altura NFT: Reinventing the Gaming Experience With Blockchain - Grit Daily News

Web

October 31, 2021

How to Buy Altura | Coinbase

Web

March 4, 2022

Documentaries, videos and podcasts

Title
Date
Link

Altura ALU | Smart NFTs | The Future of Blockchain & Crypto Gaming

November 2, 2021

altura_nft (@altura_nft) TikTok | Watch altura_nft's Newest TikTok Videos

References

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