Altbase starts new build for mobile apps
Altbase, the altcoin and token exchange on Binance Wise Chain, announces the launch of its newly developed mobile app for iOS and Android. The developed app is a complete overhaul of the previous iteration, including a host of new features, an updated user interface, and more tokens to be rolled out in the near future.
The updated app is part of a list of planned updates and developments that the project has made over the past few months. The project has successfully completed a rebranding of its previous title 100xCoin, a migration of the native ALTB token to a new smart contract. Now the project is preparing for the next step in its plans to become a full-fledged exchange and a dominant force in the altcoin market.
In the past few days, the project has taken the next step in its new ALTB token redemption strategy. A move that pleased the owners as the price action resulted in a 4x increase in the project’s market capitalization shortly after the acquisition.
New brand, new contract and new mobile app
As part of an ongoing rebranding strategy, a new version of the mobile app and exchange should be available for 30,000 users in the coming days. The new app from Altbase is supposed to bring a new wave of possibilities to the project and was developed to show the planned direction. Learning from the previous version of the app, Altbase decided to build from scratch and implement new features for users to significantly improve their overall experience.
The application will have a simple, clean and easy-to-use user interface with additional tools for tracking transactions as well as significantly improved charts for the price movements of listed coins and tokens. Users can add contact lists to the dashboard and use that contact list to easily transact with their previously saved addresses and wallet details. Unusable tokens (NFTs) are another focus of the future live NFT market. The marketplace is integrated into the app and offers exclusive NFTs from partner projects and makers.
A very appreciated feature in the previous version of the app that will continue in the new version is the inclusion of a simple review process. The short and straightforward process allows users to easily set up the required accounts and wallets to trade their favorite altcoins within minutes. Another feature that is being withheld is seamless token purchases by debit or credit card through the app’s built-in payment platform.
It is currently planned to use the native ALTB token as a utility token in apps and other exchanges. This step will result in larger volumes for the token itself as it will ultimately be used as a pairing option with other altcoins, some of which are not available on any other exchange.
Token redemption starts as planned
As part of the recent migration to ALTB, the project announced that it is performing a new token buyback using the previous 100xCoin allocation. Since the first phase took place not long after the migration, the second phase was implemented earlier this week. An unannounced buyback of 25 Binance Coin (BNB) sparked a chain of events that resulted in a significant spike in trading, resulting in an increase in sales volume and a quadruple in market capitalization.
The buyback should be done without notice in order to put healthy and continuous cash flow into the contract, which is expected to happen more in the near future.
Altbase CEO Ken Llamas gives details of the direction of the project
In a recent Youtube update from Altbase CEO Ken Llamas, the project was discussed in detail and provided insights into the direction of the project, including the transition from meme status with 100xCoin to the brand new Altbase. In the film, Ken talks about the reorganization that has taken place within the development team, his recent retirement from social media, and the need to realign the overall vision of the project.
The departure from the usual social channels for llamas is due to an ongoing reorganization at the end. The project added a new member to the development team and made important changes to the internal structure to better accommodate the changes in external branding and realignment.
The video outlines future project plans and long-term visions and talks about upcoming project development plans related to NFTs. Altbase is about to complete the new NFT marketplace and Ken is also finalizing the sale of his Junkie Catz NFT project with an exclusive giveaway to be announced. As an added bonus for ALTB and Junkie Catz NFT holders, pre-sale incentives and allocations are available for future releases in the upcoming marketplace.
Altbase is taking a new direction to be the home of Altcoins
Altbase has seen some significant changes on both the front and back end, with updates and developments being made in almost every aspect of the project. The new mobile app, coming soon for iOS and Android, aims to be an enterprise-class product that includes everything a trader or investor would want when buying Altcoins and NFTs. The new development team works hard in the background, while CEO Ken Llamas is back at the center of community engagement. Looks like he has some key tricks up his sleeve to help plan the future of the project.
The team is preparing for the next phase of its journey of success, continues to use the expert support of Coinpresso for ongoing marketing, search engine marketing and crypto-copywriting and uses its worldwide development services for the new Altbase website.
The changes made by the Altbase brand are all incremental steps towards the ultimate goal of being the first stop for investors looking for new altcoins that really are at home. The goals for the project have been set and as recent price promotions have shown, the rebranding and strategy outlined by CEO Llamas is what the community needs to see to steer Altbase in a new direction.