Altair VR (ALT) Review – ICO Token News
Dissimilar to other ICOs, such as CryptF, Lendoit, Fintrux, and Quasar Altair has developed a virtual reality (VR) platform that offers amazing virtual experience to the world. The platform is managed by its community members via blockchain technology and also allows them to create and distribute VR experiences.
All about Altair VR
For more than seven years, Altair VR has been engaged in operating educational virtual reality experiences. In Russia, they have created the largest network of a mobile planetarium and have introduced half a million of children to astronomy.
In addition, they have launched two products that include an amazing cinema and a Virtual planetarium. With amazing cinema, any user can enjoy the outstanding experience of watching a planetarium while sitting at their home. The Virtual Planetarium Franchise opens the doors of visual education for children across the world.
The company has developed a multidimensional VR platform. Altair VR is the first virtual reality platform which has been designed on the blockchain technology and is successfully running in the market. Now, they are planning to create a platform that will help in discovering the world virtually through teaching and interactive games. They will create a VR encyclopedia where anyone can develop their own content and share with others. It will include thousands of virtual experiences on different educational topics like the solar system, humans, black holes, the Milky Way, the stratosphere, birds, molecules, etc.
Like other icos such as Fintab, SuperPay, Confi, ALT token is the main currency of the platform. Users require ALT token to enter the platform. The company is planning to invite professionals as well as other users who are willing to a create content for the Altair VR platform.
What can you experience with virtual reality?
● You can experience live microbes and know what they do.
● You will be able to see the body’s organs from the inside.
● You will enjoy walking on the red surface of Mars.
● You can check molecules structure and assemble the new one by using them.
These are a few basic experiences that can be built with virtual reality technology. But, to bring them into real life, it important to create a community that contains brilliant minded people. This is the reason why Altair has decided to launch the ITO.
Advantages of the Altair VR platform
● It is an open education platform that allows users to create and monetize their own VR content.
● When compared with its competitors, this platform offers the application at a cost-effective price.
● With the VR Time Machine, you can see different historical events from different points of view.
● The personal virtual assistant of the neural network will store your preference and offer new experience for you.
● The Altair VR will help in your personal development and growth.
Benefits of using the blockchain in Altair VR platform
● Storing data on the decentralized platform maintains the independence and stability of the system.
● A transparent voting system to manage content creation of the community.
● All platform payments are done through a transparent and secure way with low commissions.
● Helps in maintaining full control of copyrights and content royalties.
Different uses of the ALT token
The ALT Token is used for performing various transactions within the Altair platform, including transactions between moderators and franchise holders, app users and content writers and developers. The token is beneficial for avoiding unreliable fees charged by the traditional platform and save users money.
Other benefits and uses of ALT tokens include:
● Work as an access key to app: The ALT token holder can easily access the Altair VR platform. The users can purchase tokens during the ITO or through digital currency exchange. It is mandatory that users should have ALT token to use the platform.
● Internal means of payment: The platform will provide the benefits of paid and free apps. To enjoy the benefits of paid apps, the user needs to pay a certain number of tokens. They can buy tokens from digital currency exchanges which will raise the token demands and price in the market.
● Token and franchises: The tokens can be used to pay the Altair franchise that offers services for kids. The franchisees have to make below-listed payments to the franchiser:
1. Initial Franchise fee: Payment for accessing the business, to train employees, and exclusive rights to run the business in a certain area.
2. Royalty payments: This fee will be calculated on the basis of franchise revenue and other payment services.
3. Payments for use of content: All transactions will be done via the ALT token within the platform. Franchisees will charge in their own currency for the services and use of tokens for paying due fees for using the platform
Token as access to the voting system
The platform content will be developed according to the preferences of platform users. If anyone wants to create new content then he/she can upload the ideas and projects onto the community and other users will be able to vote on them. However, to participate in the voting process users need to have ALT tokens.
Tokens as an earning tool
Active users and moderators will play their own specific roles on the platform. The moderators can earn rewards in the form of tokens for assessing new content, whereas active participants will attract new members and play a vital role in the community development.
Token sale details
● Total tokens to be issued : 1,000,000,000 ALT
● Minimum purchase amount : 0.05ETH. 1ETH = 10000 ALT Tokens
● Tokens for the team will be frozen for 1 year
● Start Date of Pre-ITO : February 26, 2018
● Soft-cap : 500 ETH
● Bonus for participation : 25%
● Duration of last stage is 15 days or until the hard cap is reached
Main round of ITO
● Start date : April 16, 2018
● End date : May 31, 2018
● Hard cap : sale of all tokens
Bonus for Early Participants
● First day : 15%
● First week : 10%
● Second week : 7%
● Third week : 5 %
● There will be no bonus allocated after the third week
● ITO : 50%
● Platform fund : 32%
● Team, Investors : 15%
● Bounty : 3%
● Advisory pool : 2%
The team behind Altair VR
● Konstantin Urvantsev, СEO, Founder.
● Irkov Alexey, СТO, Founder.
● Karelin Aleksander, CMO.
If you are seeking a promising ICO for investment purpose then you can participate in the Altair ICO. Altair VR is the first virtual reality platform which has been designed on the blockchain technology and is successfully running in the market. Now, they are planning to create a platform that will help in discovering the world virtually through teaching and interactive games. They will create a VR encyclopedia where anyone can develop their own content and share it with others.