ALTER is a transferable representation of attributed governance functions specified in the protocol/code of the ALTER project communications product and is designed to be used solely as an interoperable Governance token with Governance rights for token holders.
The $ALTER token is used to access additional features, increase of storage and pay for the subscription.
$ALTER will offer token holders with unique financial incentives based on the collective success of the ALTER product. Token holders will earn a portion of subscription earned revenue and will take part in financial incentives for providing liquidity for $ALTER liquidity pools and community initiatives.
Token is an integral part of ALTER that is a decentralized communications application that enables users to share encrypted messages and files across the decentralized web. Built on the Secret Network blockchain, ALTER leveraging Secret Network’s smart contract technology to encrypt message data.
Users have full access to their own private “viewing keys” that allow them to view their own messages and determine who has access to view their messages. User messages and files are viewed on the ALTER communications platform, but the platform simply acts as user-friendly interface to interact with the smart contracts that send the information in a peer-to-peer manner.