Jul 14, 2021

Altura & Wizard AMA — Highlights

What Exactly is an NFT in Simple Terms?

On July 13th, 2021 Wizard joined the Altura Telegram to have a dual AMA. This article highlights the conversations had within the AMA.

ALTURA AMA

*As Wizard was the guest to the Altura community, our team allowed Wizard to learn about us first*

"The Great Baba" - Wizard Finacial:Tell us a bit about you. What did you do before crypto and have you had any previous ventures in crypto?

Maxim Sindall - Altura NFT:Hey everyone my name is Maxim! I am and was involved with cryptocurrency mining, managing private investment, and educating people in the blockchain space. I initially got into cryptocurrency in 2016, when I started my first bitcoin mining rig.

"The Great Baba" - Wizard Finacial:Awesome, I hope you made some small fortunes mining before a huge bull run.

Maxim Sindall - Altura NFT:Small fortunes adding daily is what made mining great.

"The Great Baba" - Wizard Finacial:For the second question, what does Altura do differently compared to other NFT projects?

Maxim Sindall - Altura NFT:Altura is a platform for minting, trading, and integrating NFTs. Its primary focus is on in-game items and ensuring that gamers have the opportunity to actually own their items in a decentralized manner. We also want to be the first to introduce Smart NFTs and loot boxes to the NFT world.

"The Great Baba" - Wizard Finacial:That sounds very promising these days. I'm excited to hear more about it!

"The Great Baba" - Wizard Finacial:A question that came up for us waswhat Smart NFTs actually are and what makes them special?

Maxim Sindall - Altura NFT:Smart NFTs are simply NFTs that have properties in their metadata that can be changed. These are called dynamic properties. Smart NFTs allow for a lot of creative functionality and use cases for NFTs such as having a trading card NFT adapt to the player that the trading card is based on. They are special because, for the first time ever, the NFT can actually change, and is not the same all the time. This is unlike most other NFT platforms.

"The Great Baba" - Wizard Finacial:That sounds huge, and I've honestly been toying around with the idea of doing card games in the future if our community would vote in that direction. Definitely looking forward to that!

Maxim Sindall - Altura NFT:That sounds amazing! I believe that we have many synergies that could better grow our projects.

"The Great Baba" - Wizard Finacial:

Here is a draft I made just doodling around when I had the thought of it. I'll proceed with the questions though, haha.

"The Great Baba" - Wizard Finacial:How do your NFT LootBoxes compare to the traditional gaming LootBoxes?

Maxim Sindall - Altura NFT:Altura is literally changing the game in terms of lootboxes. This is because the Altura lootboxes are fully transparent to users in how they work and the probabilities of receiving a certain item. This is much better than the unclear lootbox system created by traditional game creators; where these variables are unknown to the user.

"The Great Baba" - Wizard Finacial:I bet there's a lot of people that would love to nerd-out with the math and probability if they'd be armed with the information behind it.

"The Great Baba" - Wizard Finacial:Are Altura NFTs exclusively marketed within your marketplace? Or can they also be traded on large NFTs marketplaces like OpenSea?

Maxim Sindall - Altura NFT:Our NFTs can be traded on other BSC markets. Opensea does not support Binance smart chain and thus items built on Altura cannot be traded there, BUT we are planning to become cross-chain compatible where any market can have access to the Altura NFT Marketplace for buying and selling.

"The Great Baba" - Wizard Finacial:Uh oh, being able to trade NFTs to other marketplaces was one of WIZARD's more ambitious ideas! I guess we'll have to let you guys consume us if the costs for such technology are too high!

Maxim Sindall - Altura NFT:Dont Worry! We are all in this together.

"The Great Baba" - Wizard Finacial:With Altura being potentially a place for the gaming industry and developers to meet, how do you plan to facilitate such interactions?

Maxim Sindall - Altura NFT:Yes we do want to definitely work on getting developers to start accepting the idea of decentralized in-game items! We would look to educate game devs on the pros of using NFTs as in-game items.

"The Great Baba" - Wizard Finacial:Sounds like we're the ones that'll be lucky to have you on our side! Looking forward to all the possibilities since we plan on developing multiple different genres.

"The Great Baba" - Wizard Finacial:What stage is the project at? And what should we look forward to in the coming months?

Maxim Sindall - Altura NFT:We successfully launched the Mainnet NFT Marketplace on July 8th, 2021, We are currently working on LP staking that will be coming out relatively soon, and we are in what I would call an adoption phase of getting people used to our idea and getting ourselves out there.

"The Great Baba" - Wizard Finacial:Nice, we also had ideas for staking with NFTs. And your marketplace is fresh just like us, so hopefully, we'll be able to slingshot each other to succeed.

Wizard AMA

Expo - Altura NFT:Amazing questions "The Great Baba," we are going to flip the tables now! Time for us to get to know you and your project.

Expo - Altura NFT:Can you start by telling us a bit about yourself and your background both before and after getting into crypto?

"The Great Baba" - Wizard Finacial:Certainly! I am baba, or more recently "The Great Baba" as my reputation has been molded a bit by my newfound community, lol.

"The Great Baba" - Wizard Finacial:Before crypto, I wrote a few books, and ended up getting into pixel art and developing my own game with 0 experience in either category beforehand. Writing stories helped with creating a top-down action-adventure RPG for sure, and now the pixel art and programming have helped me to create this new crypto project.

"The Great Baba" - Wizard Finacial:I got into crypto around 2018, bought up a bunch of dips on the way down, and was very fortunate to take some profits from BTC and start investing into projects on the BSC. Then I talked with a good friend of mine about making our own project, and here I am.

Expo - Altura NFT:The Great Baba is a good fit for you and developing a game with 0 experience must have been quite the bumpy road!

"The Great Baba" - Wizard Finacial:Don't even get me started, hahaha. So stressful, especially in the beginning.

Expo - Altura NFT:I can imagine! Moving onto some questions.In its most simple form, what is WIZARD mainly setting out to achieve?

"The Great Baba" - Wizard Finacial:Simply? Without branching off into many details, WIZARD is about creating high-quality NFTs that have a bit more effort put into the artwork than most of the ones I've seen in the ecosystem, and giving them objective value as well by giving them utility with staking and in-game capabilities.

"The Great Baba" - Wizard Finacial:So a part of that obviously ties together in developing our own video games, and hopefully developing a wonderful NFT marketplace of our own as well.

Expo - Altura NFT:I think NFTs with staking and in-game capabilities are going to be game-changing for the industry.

"The Great Baba" - Wizard Finacial:Me too. And it should bring in a huge amount of new investors that are currently playing games with no knowledge of crypto. Looking forward to the future of gaming and crypto.

Expo - Altura NFT:Would you be willing to show us some samples of these higher-quality NFTs?

"The Great Baba" - Wizard Finacial:

Animated GIF NFT

So, ones that unlock a lightning spell for example can be a gif like this instead of just a still picture.

And I also want to do full-scale 1920x1080 backgrounds.

I also think instead of doing still pictures like cryptopunk kind of things, it'd be nice to release new wizard characters as an entire batch, where each one of their animations in-game will be a one-of-a-kind NFT that would unlock that respective character in a game or level. So like running animation, idle, casting, attacking, crawling etc. could all be their own NFT instead of a still picture.

Animated BackgroundsUpgraded Animated Special NFTs

Expo - Altura NFT:Amazing artwork, with an amazing concept, I love it. There are many NFT projects sprouting up at the moment. Do you have any tricks up your sleeve to stay ahead of the competition?

"The Great Baba" - Wizard Finacial:The more the merrier for a project like yours who benefits from there being more of them!

But for us, yeah, it's definitely competition, lol. My plan is to adjust with the times and the markets. And also to branch out into different game genres and take insight from the desires of our community. That's how you keep swimming, I think. It's a sink or swim environment in bearish markets and especially in the long run. So I'll just constantly develop new games according to the wants and needs of my investors and gaming communities.

Also, giving them objective value with staking NFTs and in-game perks also helps, haha.

Expo - Altura NFT:Indeed offering great incentives will keep people interested always! As of late the general markets have been bearish, but we all know that's just how it is in crypto and we are in it for the long run.

Expo - Altura NFT:Your whitepaper mentions a Charity Wallet. Is that a generic kind of charity wallet to accrue more funds for marketing, or is it meant for an actual charity?

"The Great Baba" - Wizard Finacial:Funny story, it's actually meant for real charities.

When my developer first offered all of the different kinds of slippage options like burning, auto yield, AMM, and charity, I thought that he meant for an ACTUAL charity, and I absolutely loved the idea.

Down the road, it was later explained to me that a "charity wallet" means that you take charity FROM transactions and use them for your marketing budget.

We've been paying for marketing out of our own pockets so far, and although as our supply cap dwindles over time from burning we will turn down the slippage percentages, I will still continue to have charity events after we have turned off the charity function in our smart contract.

My charity of choice is going to be ones that help orphans.

Expo - Altura NFT:Excellent choice, its always great to see projects really wanting to make a difference and helping people out.

Your tokenomics mention that not only are you capable of altering the slippage percentages with your smart contract but that you also will be lowering the slippage for $WIZARD as your total supply cap lowers over time from burning. Can you share with us your thoughts on this decision?

"The Great Baba" - Wizard Finacial:Yep! I think that having the option to change those values down the road is going to be very powerful. For example, in bear markets, high slippage coins don't tend to perform as well. So being able to turn down those values will be a game-changer.

I also think it'd be cool to let the community vote and decide which values they'd like to turn down as the max supply of our token shrinks from burning.

Expo - Altura NFT:Moving on to our last question for the AMA. If you had all the funding you ever needed to create the most ambitious dreams for WIZARD, what kind of things would you create?

"The Great Baba" - Wizard Finacial:Funding an NFT marketplace for all fantasy-lovers that could transfer their NFTs from one marketplace to another would definitely be huge. I'd like to see that very much.

I'd also like to hire more game developers on salary so that I can focus much more of my time on creating art assets!

Also, I'd be able to pump those NFTs up with even more utility for everyone to enjoy. I'd go completely nuts with that if we had limitless funding, lol.

Thank you very much for having us over for this AMA, by the way. I'm looking forward to creating in-game assets that are linked to NFTs with you guys =D.

Expo - Altura NFT:The pleasure is ours, we are excited that you are making some NFTs with us!