Digital and blockchain technology is growing every day, and many people are indulging in investing money on this crypto world these days from the entire globe. A lot of currencies have been created so far, every currency have its own advantages. People can buy or sell currencies on exchanges or websites. This trend cannot be neglected in financial industry people tend to invest more in cryptocurrency. What if the similar service is provided on the user’s cell phone? There is a digital application for this purpose. ALTTeX is a decentralized application which works as messenger, crypto exchange & crypto depository on the end user’s mobile phone devices (available on iOS, Windows & Andriod). The ALTTeX consortium is based on these three above mentioned pillars, the messenger, smart safe (smart contract) and DEX (decentralized exchange).
This fusion of mobile phone technology, blockchain innovation and social networking allows user to make more useful and user friendly. On this application, the user are able to purchase these crypto currencies from all over the world with their local bank cards (fiat money) or exchanges (crypto currency exchange). Then the user can also exchange or trade these tokens using a single platform. However, the decentralized messenger feature of ALTTeX also allows the user also to share their valuable data, conversation for the deals, voice messages availability, calling & chat rooms. ALTTeX’s messenger is also non-centralized. Call charges are also paid via crypto tokens, but they are much cheaper as compared to others. The calls are made on the phone number of the other user just like any other calling application. The data shared can also be used for earning or for the communication between any two users to make a deal. In short, it satisfies the needs of every cryptocurrency token holder in a single platform which is very easy to use.
One can also buy and sell goods via cryptocurrencies as well. The goods in can be both the real and the virtual one. Notification such as changing in rates and availability of tokens also sent to the user’s devices on daily basis so that the user can see the update on real time. Users are also provided with the entertainment on this application. The entertainment Facilities includes the crypto games where the user can play game and earn crypto currencies. This application is best of users can get.
This innovative system is based on security, user friendliness, understandable interface, advanced technology and powerful team working for them. ALTTeX wants to provide the best to the users with most reliability and satisfaction. The payment for various cryptocurrencies cost the least commission because there are no intermediaries. Users can also add multiple crypto cards to their wallets, and using these cards one can also withdraw money for the ATM as well. Wallets are of two types either hot (online wallet) or cold wallet (offline). But ALTTeX provides the wallet “WARM WALLET” which have the features of both online and offline wallets and will show the exact amount every time via push notifications. People can decide that how much money should be stored in cold wallet and how much in hot wallet. The ratio of BTC to USD is changing every minute and the changed ratio will be seen every time on the wallet’s dash borad. One can create new wallet any time anywhere and can transfer tokens of any type to them. There is no restriction of doing this. User not only save money there but also grow it as crypto worth increase the value of your wallet will also increase. You can decide a date & until then you are not able to use those tokens. By that time you will see a significant increase in token’s value. So you can earn just by saving money.
The features of ALTTeX includes, Face & touch id, multi-functional, multi-wallet, crypto games, time lock, news channel of crypto world, push notifications and much more. The application is compatible with almost every mobile devices. It provides the fastest transaction mode, high level protection, easy to use & convenient, and service support of the professionals. The speed of transactions is 100 000 transactions/ second. Transaction speed for BTC is 3-4 operations/second, for ETH speed is 30-40 operations/second, and for Waves speed is 1000 operations/second.
The wallet can store more than one type of crypto tokens at a time. ALTTeX has not just one exchange, it has integrated a number of popular exchanges, and user can choose the exchange on the basis of best pairs of tokens, deals, rates and convenience. The exchanges on ALTTeX are only decentralized, centralized exchanges are not integrated on ALTTeX platform due to security purpose. For decentralization purpose, ALTTeX uses Ox protocol where the data, tokens and information are not recorded in one place making it more hack proof. This blockchain technology based platform uses the software DApps, which is an open source code, proof of work, proof of stake, & validators all paid in the form of cryptocurrencies. The reason of using cloud data is that the cloud data allows maximum protection distribute data properly, enhance security, and reduce obstacles and delays in transmission of data.
This retention of data using cloud model make it more reliable and reduce the risk of losing data and promise high level of protection. Plus the cloud model make free use of many functions. Cloud model along with decentralization make it more possible for more enhanced developments. Moreover, there is no participation of service provider in the communication and exchange between any two users. Because when there are intermediaries there will be high commission charges on orders, complicated and delayed verification procedure, which the ALTTeX reduces in its software. Moreover, the decentralization provides peer to peer trade. The Altmessenger have the characteristics of providing communication, multicurrency wallet, chat rooms, trading and entertainment. And the reason to use decentralization is to make sure that every user has complete responsibility to verify a particular transaction. The voice to become a miner is flexible. It uses DPoS consensus algorithm to make faster speed on every transaction.
Apart from providing exchange for other cryptocurrencies, ALTTeX also have its own digital asset. This is AltX token. First the users have to buy these AltX tokens in order to provide funds for development but once the platform is launched one can also circulate these tokens on exchanges. AltX is an internal mode of calculation of other token’s transactions via ALTTeX. One can also buy virtual goods for ALTTeX application. Total number of AltX token created will be 50,000,000. The hard cap threshold of ALTTeX project is worthy of 20,000 ETH.
However they plan to make at least 200 ETH till pre sale duration. The ALTTeX platform requires minimum amount of $500,000 in order to release its 3 versions of their provided products. These products will be released within fourth months after funds collection. The ICO sale will also be there along with development process to make a more enhanced completely operational platform with better services. 40% of the funds generated during pre ICO are going to be utilized for IT development of Exchange, 20% for IT development of messenger, 15% for ALTTeX safe, however the remaining 20% are allocated for referral program, support, team & marketing with the proportion of 5% for each of them. However, the ICO funds are distributed differently, including 30% for IT development of Exchange, 15% for IT development of messenger, 10% for ALTTeX safe, 20% for reserve, 15% for marketing and 10% for referral program and advisor (5% each).
Pre-sale is going to held in two stages, during first stage the price of token is 1500 AltX for 1ETH with 50% bonus, however in second stage price was the same but with 40% bonus.
ICO will start in the month of March 2018 with the bonus of 20% in first stage with the price ratio is 1ETH = 1200 AltX, token, however the price in USD will be 0.7 $ (starting date 3rd March 2018) with the token number of 6999999 allocated for this satge. Second stage of ICO is with the bonus of 10% and price1ETH = 900 AltX and price in USD will be 1$ with 17600000 total AltX tokens (starting date 19th march 2018).
You can also earn by using their referral program which ensures 5% bonus at its initial level. The fully functional ALTTeX program is plan to be launched in January 2019. The tokens are available during ICO and on popular exchanges. The soft cap of 1M AltX has been met already. However, the hard cap of AltX token is 25M AltX token for sale. The token sale of tokens of worth 33.57 BTC & 191.84 ETH have been achieved so far. In the year 2018, they planned to initiate ICO, issue initial version of AlTX exchange in May, beta version of ALTX safe in June, beta version of ALTX exchange in September, and finally full-fledged platform in 2019. For further insight about the project please visit whitepaper.