Altr Marketplace
Last updated
Last updated
Altr aims to be the premier marketplace for luxury collectibles, leveraging blockchain technology to create a seamless and secure platform for buying, selling, and trading high-value items. The platform's goal is to provide a world-class marketplace for luxury goods, making it easy for users to access and trade rare and unique items.
Altr allows cryptocurrency holders to buy, sell, borrow and trade tangible collectible assets and make them liquid.
The platform has four primary functionalities:
Buy and trade
Fractionalise
Digitise
Lend
Below are descriptions of the four functionalities offered by Altr:
Buy and trade: With Altr, cryptocurrency holders can purchase and trade tangible collectible assets such as artwork, luxury cars, and rare coins. Users can browse a range of unique assets listed on the marketplace, and buy or sell them using cryptocurrency.
Fractionalise: Altr allows users to invest in fractions of tangible assets, making it possible to own a portion of high-value items that may be otherwise unaffordable. This process is called fractionalisation, and it allows individuals to invest in a diverse range of tangible assets with small amounts of cryptocurrency.
Digitise: Altr allows tangible collectibles to be digitised by creating a digital representation of the physical asset in the form of a non-fungible token (NFT). Before an asset can be digitised, it needs to be audited by one of Altr's approved vendors to determine its value. The digitisation process also helps to increase the liquidity of the asset, making it easier to sell and trade in the future. Altr's digitisation service provides a simple and efficient way to access tangible collectibles using cryptocurrency but also unlocks the potential of collateralising these physical goods.
Lending: Altr also offers a lending service, which allows users to borrow cryptocurrency by using their tangible collectible as collateral. This service is beneficial for individuals who wish to access liquidity without selling their collectible assets. Users can lock up their assets as collateral and receive a loan in USDt, which they can use to cover expenses or invest in other areas. Visit .
Not only is Altr a world-class marketplace but it provides an alternative method to store wealth in rare collectibles. Altr can be used as a way to store your wealth and diversify your portfolio during uncertain market conditions or to hedge against inflation. Secondly, Altr provides a simple approach to accessing physical collectibles using cryptocurrency, which is often a challenge.