- What is AltLayer?
- Why ALT token?
- How much is ALT worth?
- Buying ALT?
- Staking ALT?
Continuing the section: what to spend USDT from the sold MANTA on and what to stack if you want some cool drops.
AltLayer is RaaS that allows your grandmother to launch her RollUP. Once, creating ERC20 tokens was for the chosen few. Now, anyone can create a “dog in a hat” in a minute and earn millions. AltLayer wants to do the same with rollups. It offers a ready-made interface for creating a rollup, where you can choose VM (EVM/WASM), settlement and execution layer, DA, etc. All this happens in a convenient dashboard.
You can even create a temporary rollup for a specific event in your project. For example, you want to launch an NFT collection on Ethereum but love your minters and don’t want to deal with gas fees. AltLayer allows you to create a one-time rollup for a specific mint. Raise funds in L2/L3 and distribute NFTs in L1.
ALT Used for restaking to secure rollups. To create a rollup through AltLayer, you need to pay in the native token.
ALT Tokenomics Circulating supply at the start is 11%, 1.1B ALT. $0.27 is the current pre-launch price, giving a $300M market cap. I don’t understand why the market cap shouldn’t reach $1B. The pressure on the order book is still approaching zero due to stakermania.
Plan: Listing and drop on January 25. Stack everything they drop. For now, I would like to buy at $0.2 and below. But there’s no point in guessing; I’ll see the order book. Maybe I’ll buy even at $0.3.