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Welcome to our Crypto Crash Video!
Altura NFTs
Overview
Items, NFTs, and in-game items are synonymous in the context of this documentation. All Altura-minted NFTs follow the ERC1155 standard.
A collection is a smart contract on the blockchain that follows the ERC1155 standard and has a unique contract address (0x…). Every NFT has a tokenId which identifies that NFT within its collection. tokenIds start at one and iterate by one for each subsequent NFT; this means that the first NFT in a collection has a tokenId of 1, and the second NFT has a tokenId of 2.
Any NFT can be uniquely identified given its collection address and tokenId.
Smart NFTs
Altura allows you to update an item’s non-static properties and update an item’s image instantaneously for zero gas.
Properties allow you to store and update any information you want to retain about an item. This could include health, wear, evolution, etc. You may also provide several images when minting an item that represents the item’s varying states (for example, different wear states of a sword); you can then change the primary image to any of the pre-loaded images.
This feature allows an item’s state to be independent of the user. This means if a user owns a sword and levels it up in-game, it may become more valuable on the open market as a new owner of the sword will also get its upgrades.
Terra is an open-source, community-owned blockchain which hosts a vibrant ecosystem of applications. On Terra, you can build applications and organizations using the available suite of cutting-edge developer tools, or simply try out existing ones by connecting a wallet.
The Terra ecosystem runs on its native cryptocurrency, LUNA. You can use LUNA to pay for transaction fees on the Terra blockchain as you interact with various applications. Additionally, you can also use LUNA to earn staking rewards, purchase your favorite digital art, have a say on community-led governance proposals, and much more.
Terra is permissionless and borderless, which means that its next-generation financial products are accessible to anyone in the world with an Internet connection.
Ethereum :
Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority.
Benefits of building on Ethereum
Ethereum offers an extremely flexible platform on which to build decentralized applications using the native Solidity scripting language and Ethereum Virtual Machine. Decentralized application developers who deploy smart contracts on Ethereum benefit from the rich ecosystem of developer tooling and established best practices that have come with the maturity of the protocol.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
I hope you found value in our Crypto Crash video. Make sure to leave a like on the video if you gained value from it!
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⏰Timestamps⏰
00:00 – 100x crypto Introduction.
00:15- 100x crypto summary.
10:17- 100x crypto projects outro.
