Altura
Crypto Overview
Overview
Altura is a blockchain gaming infrastructure project that enables game developers to mint, distribute and transact with Smart NFTs. These are NFTs with dynamic properties that can change based on in-game events and achievements. The platform aims to bridge the gap between traditional gaming and blockchain technology by providing tools for creating and managing dynamic NFTs.
Intended Utility
The ALU token serves as the native currency of the Altura ecosystem, used for:
- Payment for Smart NFT creation and minting
- Platform governance participation
- Access to premium features
- Rewards distribution
Actual Utility Assessment
The platform has demonstrated real-world adoption through partnerships with various gaming projects and NFT creators. The development team maintains active GitHub repositories and regularly updates the platform's features. The Smart NFT technology is being utilized by multiple gaming projects, showing alignment between intended and actual utility.
Token Distribution and Founder Analysis
The token distribution includes vesting periods for team allocations, with transparent schedules published on their documentation. The founding team has maintained consistent development efforts since launch, focusing on building infrastructure rather than mere token promotion. The project demonstrates genuine technological innovation in the dynamic NFT space rather than showing signs of being a scheme to enrich founders.
Technology and Revenue Model
The platform's revenue model is based on fees from NFT creation and transactions, avoiding interest-based mechanisms. The technology focuses on facilitating legitimate trade of digital assets through Smart NFTs, which represent actual ownership of gaming assets.
Crypto Impact
To assign a comfort level investing in Altura from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Altura.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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