What is Altura NFT？

Key Takeaways

Altura is the ultimate platform for building and scaling the next generation of web3 games.

Altura’s flagship tools include their white label marketplace, minting platform/developer dashboards which boasts both Smart NFT and Consumable NFT technology, and Altura Guard II their seamless social login and authentication solutions.

The project's native token is ALU, with a total supply of 990 million.

What is Altura?

Altura is the ultimate platform for building, scaling and monetizing web3 games. Its API and SDKs allow developers to create, update, and transfer NFTs in-game without technical complexity or costly investment. Furthermore the value of their SDK was further legitimized after receiving the Unity Verified Solution badge for their Unity SDK listed on the Unity Asset Store. Moreover, Altura’s built-in authentication tools simplify user enrollment and instill trust in the player base. Finally, Altura’s minting and marketplace solutions provide game developers with a well rounded tool kit regardless of their need. Their mission is to provide a powerful platform which amplifies the mass adoption of web3 technology in gaming for both gamers and developers.

Altura Products

One of Altura's core products is its unique white label NFT marketplace, a flexible and efficient tool. NFTs are minted using Altura’s market leading minting platform and managed by their developer dashboard to ensure a frictionless experience for developers of all capabilities. Additionally, Altura supports minting Smart NFTs, an evolution of the traditional non-fungible token (NFT), allowing NFTs to become dynamic, programmable, and interactive assets that can change over time. In contrast to conventional NFTs, which have static data, Smart NFTs can be modified after minting to change properties, images, and more. This allows developers to build games and other applications that can interact with NFTs in real time, opening up new possibilities for gaming experiences. Furthermore, Altura’s minting platform also allows for consumable NFT technology simplifying a games abilities to bring more aspects of their game on chain. By seamlessly burning assets on chain after they are used in game such as bullets or potions Altura allows game developers to create sustainable revenue streams increasing their growth potential. Another way Altura separates themselves from competitors is with Altura Guard II which introduces social login and wallet connection features to enhance user experience and security in Web3 gaming. By utilizing OpenLogin and Web3Auth's tech stack, Altura's non-custodial social login system allows users to derive private keys from OAuth logins, whilst ensuring their private key remains secure and safe. Altura Guard II technology simplifies connections between users and games with a simple 5-word combination, offering seamless transactions, signatures and connection across any EVM chain.

Strengths of Altura Products

Altura's solutions offer cross-chain interoperability, a key advantage in the Web3 landscape. Currently, Altura supports 13 mainnet blockchains: Ethereum, Polygon, Polygon zkEVM, Binance Smart Chain, Avalanche-C, Cronos, Fantom, Telos EVM, Arbitrum, Optimism, Base, Homeverse, Fantom, and Core. Additionally, Altura supports three testnets: Binance Smart Chain Testnet, Polygon Mumbai Testnet, and Sepolia Ethereum Testnet.

Beyond interoperability, Altura boasts several other strengths: 1) Simplify Web3 integration: Implementing Solidity, Web3.js, GraphQL, IPFS, and managing blockchain nodes can be complex and time-consuming. With Altura's developer-friendly tools and easy-to-read documentation, developers can deploy their Web3 stack in a fraction of the time it would take manually. 2) Save time and resources: Game development teams often spend significant time managing their Web3 stack, which can add to their burn rate and increase development costs. Altura's solutions can help them cut these costs. 3) Connect with a community of gamers and Web3 enthusiasts: Altrua's marketplace and community tools can help developers promote their games to a large audience of gamers and Web3 enthusiasts. They can also list and sell their NFTs on the Altura marketplace. 4) Build with confidence: Altura's built-in authentication tools and support for multiple blockchains and NFT standards can help developers build a secure and trustworthy NFT economy for their games.

Closing Thought

The project's native token is ALU, a utility token with a total supply of 990 million. Altura offers a marketplace transaction fee discount - 2.5% marketplace fee for purchases made in ALU vs. 4% fee for purchases made in all other currencies. Moreover, Altura recently launched a 1 Million Dollar Gaming Grant Fund with community voting functionality, where 1 ALU = 1 Vote putting the power into the hands of the community to shape the future of Web3 Gaming.

Overall, Altura sets itself apart by providing unique solutions including the Smart NFT minting system. These solutions help game developers simplify Web3 integration, save development time and resources, connect with communities, and enhance the security and trustworthiness of the in-game NFT economy. This makes it simple to build, scale and monetize Web3 games.