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ALTO – ICO Detailed Information


ICO ALTO
ALTO Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start December 1, 2019
End January 31, 2020
Rating 3.1
Status
KYC Yes
Founded
Categories Gaming
Discussion

ALTO Overview

ICO description, Technical Details and Documents

The business model where users and game players are allowed to play free of charge is a very challenging one. Players and participants will consume content at no cost, but the organizer usually bears the cost of keeping that model functioning. This is the problem that most game developers face. With a meager percentage of the users adding to the revenue, it becomes difficult for game developers to breakeven.

Most times, smaller developers find it difficult to sustain their business momentum because of these operational costs. On the other hand, free players are restricted from paywalls and other restrictions to help the developers generate some revenue. This somehow reduces the gaming experience of the users.

These are all challenges for both players and developers face in the gaming community. But ALTO wants to change all that. The main objective of ALTO is to ensure a mutually beneficial business model for both players and developers for a self-sustaining ecosystem. It is developing a sustainable business model that will provide benefits to all participants in the industry –content creators, players, and developers.

About ALTO


The ALTO coin is an Ethereum wallet that links users to a large cryptocurrency gaming network. The wallet allows users to use their ERC721 and ERC20 tokens to discover interesting games on the portal and trade games with other participants. Players are given a small portion of the token as in-game rewards.

ALTO is using blockchain technology to make these benefits very possible. The company believes that it can leverage the technology to create stand-alone assets by converting game items. It wants to link content creators, players, and developers in a way that was not possible in the past.

The token will use Ethereum technology to solve problems in the gaming industry. With the development of the ALTO platform, businesses, individuals, gamers, and all stakeholders can participate effectively. It makes participation more effective for players in the industry. It intends to use a decentralized platform to help content creators, users, and game developers to participate in the ecosystem effectively. With the help of the platform, these groups of people can mint, use, and sell cryptocurrency items through the blockchain technology.

Also, content creators and streamers can take advantage of their fanbase with customized items and collaborate with game developers. Players in the industry can take part in the secondary market. Game developers are not left out in terms of benefits. By pre-selling items, they can benefit via crowdfunding game development.

ALTO ICO Details


ALTO launched its ICO offerings of $40 million in May 2018 and ended it in August 2018. It accepts the Ethereum coin as its currency. The token distribution is as follows: 10% for advisors, 10% for reserve, 10% for the team and token founders, 10% for altitude games, 17% for public sale, and 33% for private sale.

The funds will be utilized in the following order: 5% of funds will go to legal and contingency, 10% for game development, 15% for development grants, 20% for marketing and community, and 50% for product development.

Author: Ali Raza for Crypto-Rating.com

ALTO Milestones

* Crypto Rating accepts no liability for any errors in the ALTO ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 86.4% 21 $20 386.05 1.27% 4.08% $390 814 027 565 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 63.2% 78 $1 376.31 1.87% 2.52% $168 834 824 310 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000149 -0.01% 0.01% $68 222 741 977 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.2% 21 $296.13 0.56% 3.97% $47 777 251 664 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000099 0.02% 0% $46 439 045 522 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 60.4% 85 $0.503965 5.75% 13.60% $25 126 984 915 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 90.8% 1 $1.000404 0.05% 0.02% $21 050 734 011 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 76.8% 42 $0.435186 0.75% -0.57% $14 909 258 504 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 83.2% 21 $34.39 1.15% 1.69% $12 216 494 203 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 83.2% 21 $0.065906 1.48% 8.37% $8 743 789 050 DOGE 7 days price change
12 Polygon (MATIC) MATIC Polygon predictions 70.8% 56 $0.850028 1.60% 13.44% $7 424 411 111 MATIC 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 70.4% 59 $6.50 1.24% 0.60% $7 298 763 043 DOT 7 days price change
14 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999841 0.04% 0% $6 788 281 179 DAI 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.8% 5 $0.062712 0.65% 4.25% $6 376 303 888 WTRX 7 days price change

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