What Is Altura?

1. What Is Altura?

Altura is a Web3 gaming infrastructure platform offering tools, SDKs, APIs, and smart contracts that allow game developers to create, mint, integrate, update, and trade in-game assets as Smart NFTs. These are not static NFTs—they can change properties post-minting (for example metadata or attributes) based on gameplay or external conditions. Altura supports multiple blockchains and provides a marketplace for games and creators. :contentReference[oaicite:0]{index=0}

2. Why Altura Was Created

Altura was developed to address several limitations in gaming and NFT ecosystems:

• Inefficient NFT asset ownership: Many in-game items are locked into specific games or platforms, limiting true ownership or utility. Altura gives players ownership via NFTs and enables dynamic updates. :contentReference[oaicite:1]{index=1}
• High gas fees and upfront costs: On many blockchains, minting NFTs or making changes can be expensive; Altura introduces features like lazy minting to reduce upfront cost for creators. :contentReference[oaicite:2]{index=2}
• Complex Web3 integration for developers: Many game developers avoid integrating Web3 because of high technical barriers; Altura provides SDKs, APIs, developer tools, and documentation to simplify the process. :contentReference[oaicite:3]{index=3}
• Limited asset flexibility: Standard NFTs are static; Altura enables “smart” or dynamic NFTs whose attributes can change over time or with gameplay events. :contentReference[oaicite:4]{index=4}

3. How Altura Works

1. Developer Onboarding: Game studios or creators get access to Altura’s SDKs / APIs (e.g. JS SDK, Unity SDK) to integrate NFT assets, user authentication, and item metadata. :contentReference[oaicite:5]{index=5}
2. Smart NFTs Creation & Minting: Developers can mint new NFTs (individual, collections, loot boxes) on supported blockchains. Features include dynamic attributes and lazy minting to reduce upfront gas cost. :contentReference[oaicite:6]{index=6}
3. Marketplace & Trading: Once minted or updated, NFTs can be listed, traded, sold or transferred in Altura’s marketplace. Users (players, collectors) browse and transact; royalties & developer earnings apply. :contentReference[oaicite:7]{index=7}
4. Dynamic Updates & On-chain Behavior: Smart NFTs allow metadata or properties to evolve—attributes might change after minting based on game events or developer actions. :contentReference[oaicite:8]{index=8}
5. Multi-chain Support: Altura operates on many blockchains (Ethereum, BSC, Polygon, Fantom, Avalanche, Arbitrum, Optimism, etc.), letting developers pick appropriate chains for cost, performance, user base. :contentReference[oaicite:9]{index=9}
6. Token Utility & Governance: The native token ALU is used for marketplace transactions, fees, staking (in some models), governance or voting, and reducing transaction fees. Holders may gain other perks in the ecosystem. :contentReference[oaicite:10]{index=10}

4. Key Features of Altura

• Smart NFTs that support dynamic attributes and post-mint updates. :contentReference[oaicite:11]{index=11}
• Lazy minting: creators can list NFTs without paying gas upfront until purchase. :contentReference[oaicite:12]{index=12}
• Multi-chain support: many blockchains supported to reduce friction, cost, and expand reach. :contentReference[oaicite:13]{index=13}
• Developer-friendly tools: SDKs (JS, Unity), APIs, docs to integrate blockchain features easily. :contentReference[oaicite:14]{index=14}
• White-label marketplaces and customizable marketplace experience. :contentReference[oaicite:15]{index=15}
• Marketplace engine using Seaport contract (gas efficient, secure) and efficient order-books for ERC-1155 NFTs. :contentReference[oaicite:16]{index=16}
• Ecosystem of games already using Altura; growing community and developer adoption. :contentReference[oaicite:17]{index=17}
• Tools for sustainability: minimizing unnecessary on-chain transactions, metadata off-chain when possible, optimizing gas, and offsetting carbon footprint. :contentReference[oaicite:18]{index=18}

5. Who Can Use Altura?

• Game developers (indie to mid-sized) who want to integrate NFTs and Web3 items without building everything from scratch. :contentReference[oaicite:19]{index=19}
• Players and gamers who want true ownership over in-game assets, and for those assets to evolve or change. :contentReference[oaicite:20]{index=20}
• NFT creators who want more flexibility (lazy minting, dynamic metadata) and reduced upfront costs. :contentReference[oaicite:21]{index=21}
• Collectors and traders interested in gaming assets, loot boxes, evolving digital goods. :contentReference[oaicite:22]{index=22}
• Studios wanting white-label marketplace or customizing the marketplace experience for their game community. :contentReference[oaicite:23]{index=23}
• People interested in staking, governance, and participating in the ALU token economy. :contentReference[oaicite:24]{index=24}

6. What Is the $ALU Token?

$ALU is Altura’s native token which powers many utilities within its ecosystem. It is used for fees, staking, governance, and as the base currency for many marketplace transactions. :contentReference[oaicite:25]{index=25}

The total supply is approximately 990,000,000 ALU, with a large portion distributed or vested across team, ecosystem, liquidity, etc., while a subset (~ 70-80%) is in circulation (note: circulation numbers may vary by source). :contentReference[oaicite:26]{index=26}

Additional utilities include:

• Fee Reduction: Transactions made with ALU on Altura’s marketplace often attract lower fees vs other payment methods. :contentReference[oaicite:27]{index=27}
• Staking: ALU holders can stake tokens to earn rewards. Some staking mechanisms (or APYs) are offered to encourage holding and network participation. :contentReference[oaicite:28]{index=28}
• Governance & Voting: Holders may vote on upgrades, features, and decisions in the Altura ecosystem. :contentReference[oaicite:29]{index=29}
• Marketplace Currency & Royalty Payments: ALU is used to buy/sell NFTs on Altura’s marketplace; royalties and developer earnings may also be denominated in ALU. :contentReference[oaicite:30]{index=30}