Altbase (ALTB) aims to be an innovative platform to purchase altcoins and meme coins on Android and iOS. An altcoin is a combination of "alternative" and "coin" and refers to all cryptocurrencies other than Bitcoin. The platform aims to have a simple setup, no extra complicated purchasing processes, and no purchasing errors. However, the currency aims to ease the process for newcomers to crypto and make purchasing altcoins straightforward. Further, the complications and confusions of trading in new projects and using DApp are too common. Therefore, this network seeks to lower the barriers to entry for new traders.
Besides this, the asset aims to consist of an integrated secure wallet for users to store cryptocurrency. The existing wallets seek to seamlessly connect to the Altbase app with safe seed phrase import. Also, the network aims to allow quick sending and receiving of new altcoins at a press of a button. The currency permits easy transactions between different wallets, aiming to introduce multichain support.
Altbase token (ALTB) is a native token for its app that powers the ecosystem. The token aims to help users purchase the new cryptocurrency offerings without hassles or slippage errors. ALTB aims to be paired with other currencies on the app, directing the volume of the native tokens through transactions on the app. Also, ALTB is an auto-deflationary and auto-liquidity coin that runs on the Binance Smart Chain (BSC), developed to benefit long-term holders with transparency and sound tokenomics. BSC is a blockchain network that works on dual-chain architecture and empowers the users to set up their DApp. Besides, the token aims to act as a utility coin, built with pairing in mind, permitting the app to list several altcoins with a lower market cap.
Furthermore, the ALTB token is the coin to get utilized for anything Altbase, and the users can use ALTB to purchase products, merchandise, and services. The token aims to pay loyalty rewards to the exchange and app users. Moreover, the network seeks to provide a full-fledged NFT marketplace that has exclusive NFT art in collaboration with the projects of Altbase.
