What Is ALTER(ALTER)? Complete Guide & Review About ALTER

What Is ALTER(ALTER)?

ALTER is a transferable representation of attributed governance functions specified in the protocol/code of the ALTER project communications product and is designed to be used solely as an interoperable Product and Governance token with voting rights for token holders. Token itself is non-inflationary but offers staking options for their holders. The pool of rewards are maintained from the ALTER’s platform revenue of subscriptions.

Flexible Price

The live ALTER price today is $0.586765 USD with a 24-hour trading volume of not available. They update ALTER to USD price in real-time. ALTER is up 0.00% in the last 24 hours. The current CoinMarketCap ranking is #9984, with a live market cap of not available. The circulating supply is not available and a max. supply of 40,000,000 ALTER coins.

Technology

Built using a secure data integrity sharing model that provides privacy by design. ALTER Coin is a decentralized messaging service providing a secure data integrity sharing model, with the use of a digital signature, a proxy encryption scheme, and Secret Network’s encrypted smart contracts. $ALTER is native utility and governance token.

Goal

Creating an alternative to email communication standards. Delivering it for

Individuals & Communities

Secure your private messaging, files and data while chatting with your closest ones.

Governments/ Municipalities

Private sector has now the ability to protect themselves from cyberattacks such as phishing, spams and much more.

Businesess/ Corporates

No more encryption for files or on-sight conversations, the only person who will be seeing the message will be the receiver.

The $ALTER token is used to

Payment method for the subscription to access the ALTER platform To access premium features on the ALTER platform and increase of storage Used for governance votes to determine priorities of new utilities for the product and token Provide liquidity for various token pairs on Cosmos Ecosystem To receive rewards connected from the revenue stream of the project.

Token is an integral part of ALTER product that is a decentralized communications application that enables users to: Send and receive peer-to-peer encrypted messages Send and share files Create private chats Create chatting groups used for DAOs, Validators, DEXs, NFTs, Community growth and support Voice and video calls using Huddle01 Dapp integrated into ALTER Coin Decentralized file storage and management Access application on mobile Internal crypto payments between the users Decentralized Newsletters system with rewarding system Address book.

ALTER: Privacy-Centric Web 3.0 Communications Platform

ALTER is a decentralized communications application that enables users to share encrypted messages and files across the decentralized web. Built on the Secret Network blockchain, ALTER leveraging Secret Network’s smart contract technology to encrypt message data. Users have full access to their own private “viewing keys” that allow them to view their own messages and determine who has access to view their messages.

ALTER is using Storj.io as a file storage partner that runs close to 12,000 active nodes across 87 countries holding encrypted information of each ALTER user’s files. User messages and files are viewed on the ALTER communications platform, but the platform simply acts as user-friendly interface to interact with the smart contracts that send the information in a peer-to-peer manner. Therefore, ALTER does not have the ability to view or share these messages or files with any other third party or user, guaranteeing that the user’s data is protected, even from the ALTER company itself.

ALTER Today

World’s first blockchain-based communication platform offering messaging, file sharing, and calendar in total privacy.
• One of the fastest-growing comms dApps on the Secret Network, and in the web3.0 environment.
• Alter received the validation of the market with the speed of light – after having launched in October 2021, Alter finalized its seed funding round of USD 1 million in November 2021 and is about to have its native utility and governance token – $ALTER – Public sale on January 20, 2022.

ALTER Future

A platform of choice for data privacy enthusiasts from crypto, blockchain, and web3.0 environments across the world.
• The dApp provides an ever-expanding scope of services, continuously improving its product.
• ALTER connects other Secret Network based, unique service providers to its platform and integrates them with its product to provide an exceptional user experience.
• They has a highly engaged community, largely thanks to $ALTER which provides the possibility for its users to impact the development of the product.
• ALTER is known outside the crypto/blockchain communities thanks to the viability of its product and the credibility of its brand.

Token Use Cases

Product payment method

The $ALTER Token is used to access additional features, increase of storage and pay for
the subscription.

Governance

The ALTER Coin token will act as the governance token for the ALTER community. The token will provide the Alter community with choices on improving the privacy of the ALTER application. This will also give them options on the partnerships and add-ons that the application will take. In addition, the user would be able to hold the token in the application’s wallet and would be able to submit it to a voting committee.

Revenue Sharing

$ALTER will offer token holders with unique financial incentives based on the collective success of the product. Token holders will earn a portion of subscription earned revenue and will take part in financial incentives for providing liquidity for liquidity pools and community initiatives.

Community Rewards

The $ALTER token aims to provide ALTER supporters with a means to benefit mutually from the growth and success of ALTER. As they grow, the engaged supporters and participants will equally be rewarded for their continued community support through rewards distributed for referrals, engaged participation in ALTER community initiatives, and marketing campaigns.