ICO Reviews

Alttex (AltX) ICO Review

At a glance

Name: Alttex
Token Symbol: ALTX
Website: alttex.io
White Paper: alttex.io/WhitePaper_En.pdf
Telegram: https://t.me/AlttexEn
OnePager
: https://goo.gl/NHMYSV
Token Supply: 50,000,000 ALTX
Hard cap: 20000 ETH
Soft cap: 500 ETH
Token Type: ERC20
Sale start date: March 3, 2018
Sale end date: June 1, 2018

About the product

Alttex is an innovative system that offers three cryptocurrency services that facilitates its users to use their tokens easily and efficiently – it consists of a decentralized crypto exchange, crypto messenger, and crypto safe. Their system allows people to buy cryptocurrencies from any place in the world with any bank card. Alttex is an exclusive platform for mobile devices. Here, each user can trade comfortably and safely, make purchases and make transfers of various coins.The crypto messenger has the possibility of transferring various data for personal and commercial purposes, exchange voice messages, create secure chat rooms, use a customizable store, in which everyone can sell and buy goods with cryptocurrencies, make outgoing calls to any phone numbers around the world at a minimal cost. Smart safe gives each user an opportunity to store their cryptocurrencies safely, to receive push notifications to update the current balance and get notified on changes in the rate and news every day.
The app is mobile exclusive, unavailable on desktop. You can use your credit card to pay for tokens and the design of the platform is specially made for mobile phones, which includes features like Face ID and Touch ID technology.  These technologies use the camera of your phone or the touch screen to recognize you by analyzing your face or your prints. This adds an extra layer of security to your account. You will be also able to see a timeline of all your activities on the platform like the cryptocurrencies that you have just bought or sold.

 

Watch an introduction to Alttex here – youtube.com/watch?v=qGjMoYBcmaE

 

Type of ICO

Decentralized exchange, crypto-messenger and Smart safe technology

 

WhitePaper

The whitepaper comes along with a one pager and a tech paper. Whitepaper explains the fundamental idea and and the working of the project, their mission and goals and lays down the roadmap for the project. It is a well written whitepaper and contains all the essential components that are expected from it. It also gives a detailed explanation of how each cryptocurrency service will be beneficial and convenient to users. The one pager explains the project in a jist and the tech paper explains the various technical aspects and terms that define the underlying working.
Pre-Sale will take place in two stages, where the contributor will receive many advantages. The links to these are listed above.

Rating : 9/10

 

Team

Alttex team has united the best professionals who have a lot of experience in developing and managing Internet applications. From development to art, they have it all covered. The project is headed by Yevhenii Meita and Oleh Shpach. They have a core team of 8 members.

Rating : 8/10

 

Advisors

Alttex is backed by a huge band of advisers who offer their expertise in various domains ranging from legal to tech. Some of the well known names include:

Michiel Triebert : Ambassador Advisor Europe

Scott Douglas :   Founder – Сif.global

Thierry De Gorter : P.M Core.Tech.Chain

Vladimir Nikitin : Director Law Department

Boris Otonicar : Specialist BVS / ICO Advisor

Rating : 8/10

 

Tokenomics

Total Token Supply: 50,000,000 ALTX

Initial Offering Price: 1 ETH = 900 ALTX (various bonuses excluded)

Soft Cap: 500ETH

Hard Cap: 20000 ETH

Currencies Accepted: ETH, BTC

Crowdsale Minimum Contribution: 0.05 ETH

Protocol: ERC-20

Rating : 8/10

 

Timeline

Activity

Social media activity has been driving quite some traffic lately for Alttex. Most of the posts that can be found are from the official account of Alttex. In all, we found 40 posts with 350+ views. Bitcointalk forum has been on a lower end compared to other platforms. The facebook page has 900 followers at the time of writing with 87 posts and 44 reviews. Twitter has 2836 followers and 83 tweets. The telegram group has 4770 members.

Rating : 8/10

 

Features

Сrypto-exchange in Mobile App : Purchase Cryptocurrency at the click of a button, using only your bank card details. The exchange platform is designed especially for mobile devices and features Face ID and Touch ID technology for added security.

The AltMessenger: Lets users keep in touch with other traders from around the world via private message and public chats.

The AltSafe: Keeps all the money safe and secure, displays the account balance, and regularly updates users with information regarding current prices of digital coins and market trends.

Blockchain technology : The platform is created on blockchain technology that allows a safe and secured transaction process.

Decentralization : Alttex is based on a decentralized network where every user is part of its blockchain.

High-speed transaction : The speed of the transactions is very high and equals to a number of 100,000 transactions per second. For comparison purposes, it should be mentioned that Bitcoin accomplishes up to 4 operations per second, Ethereum — up to 40, and Visa — 60,000. It seems like Alttex is going to make quite a competitor for other exchange platforms.

Multifunctional and multitasking : Crypto messenger allows users to share their personal data, exchange voice messages, create a customized store, and make outgoing calls around the world. Alttex is the first platform that charges you with cryptocurrency.
On the other hand, the smart safe is beneficial for storing digital currencies in a safe and secure manner.

Minimize digital currency usage costs : Currently, cryptographic exchanges have multitude of problems high fees for deposits and withdrawals, high commissions for filling or creating orders. Buying and exchanging cryptocurrency on Alttex exchange is safe, without any intermediaries and additional commissions.

Compatibility with modern mobile devices : The platform is compatible with mobile devices based on iOS, Android and Windows Mobile. It is also easy to use, convenient, and has an intuitive interface.

The leading-edge protection : Connect your crypto-credit or debit card to your account instantaneously.It’s as simple as taking a selfie with your card using our Alt Scanner technology. Also carry out and verify transactions anonymously.

 

Conclusion

Alttex is a unique platform with a disruptive idea. It will definitely be an ICO to watch out for mobile devices, which utilizes the advanced technologies of blockchain where each user can trade comfortably and safely, have purchases, make transfers of various coins. Developers of Alttex technologies really believe in the success of their product and that the price of their coin is going to be much higher than it is now. It is a good sign for potential investors.

 

 

*This is only a review and not financial gospel. Please invest at your own discretion.*

 

2 Comments

    1. Thank you for sharing this. We will look into it for further clarification. Most ICOs when do not succeed in reaching their soft cap try to increase their funding period, but we can’t be sure. We shall ask the CEO about their decisions and you can contact us at contact@coinfrenzy.io for information.

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