What is Altura? What Does ALU Do? - Coinleaks
Current Date:September 21, 2024

What is Altura? What Does ALU Do?

What is Altura? Altura (ALU) is a smart contracts platform that allows game developers to create and deploy next-generation NFTs that represent in-game items. ALU Coin is Altura’s native cryptocurrency.

What is Altura?

The purpose of the project; decentralized NFTs from game developers enable it to pass the next stage in the gaming platform. Majd Halat is the founder and also the lead developer, while the other co-founders are Andrew Evanyshyn and Maxim Sindal. Majd Hallat is a well-known investor in the cryptocurrency industry. Hallat is the developer of Portfolio Wiev. He is also the owner of the channel Eager Money, which has more than 15,000. Another co-founder, Maxim Sindal, developed the ‘Understanding Computing’ training program that helps students develop their knowledge of blockchain and cryptocurrencies.

Altura aims to create an NFT market. Users can purchase, ship and distribute NFT with Altura. For developers, it creates a user interface for developing smart NFTs. The price of 1 ALU Coin is 0.88 TL as of the date of writing, 3 March. It has lost 4% in value in the last 24 hours. With its current technology, ALU Coin seems to have a high chance of being preferred in video games in the future. The maximum supply of ALU Coin is 1 billion. However, only 220 million of this supply is currently in circulation.

Advantages and Disadvantages

Some advantages of ALU Coin include:

  • to develop and use smart NFTs. ensures that the developed NFT is decentralized.
  • In case of stake, investors can vote on the decisions to be taken on the platform.

Some disadvantages of ALU Coin are as follows:

  • It is considered a risky cryptocurrency due to its unstable price.
  • Binance is not listed on popular and high-volume exchanges such as Huobi Global and OKEx.

What is Altura? How to Get ALU Coin?

ALU Coin is listed on Pancakeswap.com, Gate.io, Latoken, Babyswap and BisWap exchanges. First, enter any exchange platform where the ALU Coin mentioned above is listed. Then enter the free account creation page. After entering the requested information, create your account. Complete the authentication process steps.

After completing the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you. Finally, enter the exchange tab where ALU Coin is listed. You can have ALU Coin at the current price or by entering the amount you want.