Altair VR Next-gen Blockchain VR Wikipedia - PART II

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Altair VR ICO - new virtual platform for science experience


The Altair VR platform is the first virtual encyclopedia implemented using blockchain technology. The Altair VR supplementary education project has existed for more than 7 years in this market and currently has one of the largest networks of mobile planetariums in the country. The achievement of this company is 500 thousand children who have visited mobile planetariums.
http://altairvr.io/
But even with such successes, Altair VR does not stop there and launches a new platform with the same name - Altair VR - to open access to the planetarium to every person on the Earth. In early 2017, the mobile application "Amazing Cinema" was launched, it was downloaded more than 300 thousand times. The franchise of the virtual planetarium was launched in April 2017 and, at the moment, successfully operates in 15 cities in Russia.
The main goal of the company's long-term work is to launch a site for learning the world through the Internet in various forms - from gaming (for the youngest users) to training (for older children and adults). Particular attention in the Virtual Encyclopedia Altair VR is devoted to natural sciences, such as geography, biology, chemistry, physics. Any user in the virtual encyclopedia is able to create own content with own option concerning certain questions. But not all opinions can be published on the platform - only the best materials will remain in Altair VR virtual encyclopedia according to the voting results of users.

http://altairvr.io/
Thus, based on the implemented placement of content, Altair VR assumes there is an unlimited number of micro transactions within the platform. The transactions can be between users of the applications, between content creators, between writers and moderators, etc. To execute settlements on the platform, an ALT token was created. The advantage of using this token on the platform is determined not only by a low commission fee, but also by the fact that:
  • only token owners will be granted access to the Altair VR platform;
  • only token owners will be able to purchase a franchise for the organization of training of children through the platform;
  • only token owners will be able to get access to voting for worthy contents;
  • only token owners will be provided the opportunity to earn on the placement of the content.
A total of 100 million tokens are to be released, of which only 50% are planned for sale, and the remaining 50% will be distributed in the following way: 3% will be invested into the company bounty, 15% will be used for payments to investors and the team, 32% will be invested into platform development. An interesting point is that tokens intended for the team will not immediately go to them for personal use, but will be frozen for 1 year.
It should be noted that all unsold tokens will be destroyed. The developers of the platform do not plan to make additional emission.
            
One more unique fact is that the creators of the platform plan to reduce the number of tokens in circulation to 10 million, which is 10% of the initial release. The reduction procedure will occur on a daily basis with a smart contract of 1% of the turnover of ALT tokens per day after the launch of the Altair VR platform.
The sale of Altair VR ALT tokens is planned in three stages - closed sale, preliminary sale and main crowdsale.
Closed sale and the pre-ICO have already been completed. The main crowdsale starts on January 29, 2018, with a duration of 45 days. In the main sale, a bonus system is implemented, which assumes the size of the discount depending on the day of purchase of the tokens. Thus, if a user buys ALT tokens on the first day of the ICO for 1 ETH, he/she is able to get 460 tokens; when buying ALT tokens within the first week - 440 tokens; within the second week - 428 tokens; within the third week - 420 tokens. Then, starting from the fourth week and further, it will be possible to acquire 400 tokens for 1 ETH. The last price, in turn, will be final.
Thus, the Altair VR platform is an interesting, new and innovative project where the domestic economy has an external foundation: the growth of the platform's economy is constantly supported by the fact that only the owner of the project's tokens has the access to the platform.


Authored by: duyhenry
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