It is no longer news that we are now in the era of block-chain technologies with quick development of cryptocurrency and daily introduction of quite a number of new projects. These have made it to become very hard to determine a better than an average ICO-project for investment.
That is the reason why before contributing into a project, one must first of all investigate its whitepaper, road map, quintessence of company’s product, its reliability, quality, and the underlying amount of issued tokens (coins), alongside their price.
After making such a thorough check on the official website of Alttex @ https://alttex.io/, i immediately decided to participate in the campaign because of its potential prospect.
At this juncture, i will like to use the remaining aspect of this article to present a well-balanced and brilliant whitepaper review of ALTTEX as i strongly believe that this will give you great insight into the project.
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INTRODUCTION
Alttex is an innovative/creative system which comprises of a decentralized crypto exchange, crypto messenger, and crypto safe, it brings a decentralized exchange, a personalized crypto-messenger, and a universal wallet together into a singular mobile platform, compatible with IOS, Android, and Windows.
The system allows individuals to purchase cryptocurrencies from any part of the world using any bank card. ALTTEX enable each user to trade comfortably and securely, make purchases, as well as exchange different coins.
Besides, the crypto messenger function of ALTTEX enable individual to transfer various data for personal and business purposes, exchange voice messages, create secure chat rooms, make use of customizable store where users can buy and sell goods using Cryptocurrencies, and make outgoing low-cost international calls to any telephone number around the globe.
smart safe stores each user's Cryptocurrencies securely, sends push notifications updating account balances, updates market rate changes, and gives pertinent every day news.
The three basic principles that run the platform are
-Security
-Convenience
-and user experience
As we all know that there are a lot of problem in cryptographic exchanges as it is today, such problems as high fees for deposits and withdrawals, high commissions for filling or creating orders, lengthy and cumbersome verification processes, and unintuitive UXs. The good news is that ALTTEX is set out to solve these problems through its digital platform with a decentralized exchange, personalized crypto-messenger and a Smart Safe.
Lets take a look at some of the advantages of ALTTEX which i believe are good enough to give it a strong place on the market after its ICO and launch of the crypto exchange.
ADVANTAGES
(a) Decentralized: For any blockchain technology to be considered reliable, it must be based on a decentralized system, so also is Alttex exchange, it is based on a decentralized blockchain platform. The implication of this is that customer’s crypto assets and exchanges are safeguarded from hackers and DDoS-attacks.
(b) Reliable security system: In contrast to the previous level of security such as private keys, complex passwords, two-factor authentication (2-FA) etc. usually used in protecting crypto account, Alttex will be the first exchange ever to allow its users to use their mobile phone’s protection tools to access their accounts by enabling all data to be secured with Touch ID, Face ID, and Pin-code system. Users receive e-mail alerts, the system verifies IP addresses, and users are given various authentication methods;.This is awesome.
Convenience: conveniently trade at your fingertips using your
own mobile devices.
(d) High transaction speed: Buying and exchanging cryptocurrency on Alttex exchange are done with a very high speed of more than 100,000 transactions per second, in comparison, Bitcoin accomplishes up to3-4 operations per second, while Ethereum = up to 30-40. ALTTEX is undoubtedly a potential competitor for other exchange platforms.
(e) Mobile Platform Compatibility: the platform is compatible with mobile Devices based on iOS, Android and Windows Mobile. This implies that you can conveniently trade at your fingertips using your own cell phone.
(f) Seamless verification and funding: Connect your crypto-credit or debit card to your account quickly. It's as simple as taking a selfie with your card using our AltScanner technology, also fund your account balances using a crypto-credit or debit card.
(g) Latest technology with no hidden cost: It uses the technology known as 0x protocol, which was developed specifically for decentralized exchanges with no hidden cost as the commissions for the issuance of a deferred or completed order is less than 1%. The fee to refund an account balance is lower than the cost of a one-minute telephone discussion abroad.
let’s now take a look at the investment return
INVESTMENT RETURN
Alttex completed its initial development of exchange, messenger and Smart Safe in the year 2017, right about now, it second round of Presale is pending which actually makes it the best time to join the project thereby contributing to its development.
below is a chart showing alttex investment offer
currently, at the point of writing this review, if you invest in Alttex today, you will receive corresponding amount of AltX (coins) at the price of 0.5$/AltX plus 40% of extra AltX from the amount of investment.
Take for instance, if a prospective investor invest equivalent of 2000$ in this project, he receives 4000 AltX plus additional 40% (1600 AltX) free, aggregating 5600 AltX.
In 6 month, the investor is expected to receive 5600 AltX * 1$ = 5600 $ and additional 3% of the profit from the exchange earning. this is awesome
LOOKING AT THE STRUCTURE OF THE PLATFORM
Crypto messenger AltMessenger: These platforms allows people to chat, create groups, and join channels. Messaging platforms are used for both personal and promotional purposes. People who are huge number of kilometers separated can communicate with each other, express their feelings with emojis or stickers, give each other virtual gifts, or share photos and videos.
AltMessenger is a decentralized messenger, created using blockchain technology. It does not have central servers, and thus, is totally protected from dangers associated with centralized system. Not only can AltMessenger be used for communication purposes, it also allows users to purchase goods, sell items, and receive cryptocurrencies. The application interface is intuitive, simple, and user-friendly.
Smart Safe AltSafe:
it is a safe and interactive multi wallet for popular cryptocurrencies, which shows real-time account balances and sends push notifications to users with their account balance details. ALTSAFE is a "warm" wallet, which combines the advantages of both hot and cold wallets. Altsafe allows users to choose how much of their funds to allocate to each wallet. ALTSAFE stores various digital currencies including, bitcoin, ethereum, dash, altx.
ALTTEX CORE CONCEPT
''ALTTEX CORE CONCEPT IS TO DISTRIBUTE DATA AND INFORMATION, FOCUS ON SECURITY, AND ELIMINATE OBSTACLES OR DELAYS REGARDING DATA TRANSMISSION. DATA RETENTION AND SECURITY WILL ALLOW FOR SEAMLESS
COMMUNICATION. THE CLOUD MODEL ALLOWS USERS TO COMMUNICATE WITHOUT EXPERIENCING DATA LOSS, WHILE SAFEGUARDING THEIR PERSONAL INFORMATION''
source
YOU CAN CONNECT WITH THE COMPANY BELOW
WEBSITE| WHITEPAPER | FACEBOOK | TELEGRAM | ANN Alttex thread on Bitcointalk | TWITTER |
A REVIEW DONE BY
hobish
Disclaimer: all images used in this article were sourced from the project whitepaper