Live Altura (ALU) Price and Market Data
The current Altura price is $0.0110**, with a 24-hour trading volume of **$590,897. Over the past day, the ALU price has increased by 22.77%. However, it has decreased by 21.97% over the last week.
Altura's market capitalization stands at $10,906,510, with a circulating supply of 990,000,000 ALU coins. Currently, Altura holds the #602 rank in the overall cryptocurrency market.
Compared to its all-time high, the current Altura price is 97.62% lower. Conversely, it remains 855.59% above its all-time low price.
All price data and market statistics are updated in real-time to provide accurate information.
Understanding Altura: The Platform and Its Vision
Altura is a smart contract platform designed specifically for game developers. It enables the seamless integration of Web3 infrastructure into games through free, robust, and well-documented APIs and SDKs. This allows developers to create, update, and transfer blockchain-backed assets without prior Web3 experience.
A key innovation from Altura is the concept of Smart NFTs. These dynamic non-fungible tokens can be linked directly with gaming applications, enabling interactive and evolving in-game assets.
The platform also features a dedicated marketplace where users can buy and sell NFTs. What sets this marketplace apart is its focus on verified developers. Altura employs a manual verification process to ensure that quality projects gain visibility, providing a curated experience for users and investors alike.
Beyond its technical offerings, Altura supports game developers by providing funding and exposure opportunities essential for launching successful Web3 games.
The Team Behind Altura
Altura was co-founded in 2021 by Majd Hailat and Maxim Sindall.
Majd Hailat serves as the lead developer and has been an active investor in the cryptocurrency and blockchain space since 2019. He also runs a YouTube channel called Eager Money, where he shares insights on crypto investing.
Maxim Sindall heads the finance division and manages an educational program called Understanding Computing, which focuses on blockchain and cryptocurrency education. Additionally, she oversees private investments for her clients.
ALU Token Utility and Functionality
The ALU token is built on the BEP-20 token standard and serves multiple functions within the Altura ecosystem:
- Covering transaction and service fees on the Altura platform
- Creating and updating Smart NFTs
- Facilitating NFT trades on the Altura marketplace
These utilities ensure that ALU tokens are integral to the platform's operations, driving both developer and user engagement.
Frequently Asked Questions
What is Altura's 24-hour trading volume?
Altura has recorded a trading volume of $590,897 over the past 24 hours, reflecting active market participation.
What was the highest price ever reached by ALU?
ALU reached its all-time high of $0.4624 on November 3, 2021, approximately three years and seven months ago.
What was the lowest price ever recorded for ALU?
The lowest price for ALU was $0.0012, reached on December 11, 2022, about two years and six months ago.
Where can I securely store my ALU tokens?
For optimal security, consider using reputable hardware wallets that support BEP-20 tokens. These provide offline storage and enhanced protection against digital threats. 👉 Explore secure storage solutions
How does Altura benefit game developers?
Altura provides tools, APIs, and funding opportunities that allow developers to integrate blockchain technology into their games without requiring extensive Web3 experience, lowering the barrier to entry.
What makes Altura's NFT marketplace unique?
The marketplace emphasizes verified developers through a manual verification process, ensuring quality and reliability for buyers while giving legitimate projects greater visibility.
Final Thoughts on Altura
Altura represents an innovative approach to bridging traditional gaming with blockchain technology. Its focus on developer-friendly tools, verified NFT markets, and Smart NFT functionality positions it as a notable player in the GameFi sector.
While market performance shows volatility, the project's underlying technology and ecosystem utilities provide foundational value. As with any cryptocurrency investment, thorough research and risk assessment are recommended before engaging with ALU tokens. 👉 Learn more about market analysis techniques