# Executive Summary

For executives or Investors

<figure><img src="/files/DMfUa6trKFy6ALocitO1" alt="" width="375"><figcaption></figcaption></figure>

Altswitch is a blockchain-based company that develops products with a decentralized ecosystem of services and apps, including a crypto payment infrastructure and a wallet ecosystem designed for businesses and regular people, fully peer-to-peer.\
\
The global cryptocurrency market is expected to reach $1.9 billion by 2028 ([Fortune Business Insights](https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149)), with increasing demand for decentralized payment solutions and borderless transactions. A wallet infrastructure, tailored for enterprise solutions while staying decentralized with better security and maintaining self-custody of assets. We enable businesses to accept all on-chain cryptocurrencies and leverage the benefits of blockchain technology for real-time cross-border payment settlements while addressing the concerns of volatility for enterprises with an auto-conversion mechanism. **Transforming the meeting point of consumers and businesses from a tedious multistep process into a single-step**, user-friendly integration. The market size for cross-border payments is projected to reach $2.3 trillion by 2023.\
\
Altswitch's native token ALTX is designed with a decentralized hard-coded cashback system, providing an exclusive benefit to enterprises and holders of our ecosystem.\
\
A bootstrap Startup funded by community investors who have invested in token, $ALTX, and angel investors on the equity side. With strong community support and early adoption of our platform as evidence of its potential revenue-generating capabilities.\
\
It plans to expand its reach by partnering with leading merchants such as those generating revenue from E-commerce, Freelancing and more. Expanding into emerging markets with high demand for cross-border payment solutions.

<figure><img src="/files/wBnMguuJBo3dDmWg6tR8" alt=""><figcaption></figcaption></figure>


# ALTX Ecosystem

Overview of the underlying magic ✨

<figure><img src="/files/W37OqIWksP5xj2uojDSX" alt=""><figcaption><p>Simplified Flow</p></figcaption></figure>

Altswitch's Ecosystem Flow is a comprehensive, circular economic model designed to benefit all stakeholders within the ecosystem. When an investor buys the ALTX token, they can use it to consume services provided by businesses within the ecosystem. These businesses, in turn, receive the tokens as payments, and the revenue generated from these transactions contributes to the rewards distributed among all token holders. Additionally, when a business owner sells the token, a portion of the fees also go toward rewards for the token holders.

{% content-ref url="/pages/vD8GJNQYifPtoSQsK1x5" %}
[Target Market](/introduction/altx-ecosystem/target-market)
{% endcontent-ref %}

<figure><img src="/files/f7bQZZcGWhSQcY9XXECv" alt=""><figcaption><p>Comprehensive Flow</p></figcaption></figure>

#### There are three main players in the ecosystem:

* the Investor, who buys the token;
* the Consumer, who uses the token within the ecosystem for various services; and
* the Enterprise, who accepts the token as payment and may sell it later to convert it back into traditional finance.

#### The rewards given to token holders in the ecosystem are influenced by three factors:

* Buying ALTX
* Selling ALTX; and
* Revenue generated from the decentralized apps and services.

#### The ALTX token can be utilized in various ways within the decentralized apps and services offered by Altswitch.

* Token holders can participate in the ecosystem's governance through the DAO infrastructure,
* Use the token as a form of payment for enterprises with the wallet infrastructure, and benefit from the decentralized cashback system.
* Store of value by holding it while it passively accumulates rewards.

The rewards token enables holders to receive passive income in the form of their chosen on-chain tokens through Altswitch's circular economic model.

Other apps and services in the ecosystem include an AI-integrated dashboard, multi-yield deposit, and the wallet infrastructure featuring the self-custody soft wallet, Dekaha, and AltHardwallet. This infrastructure is complemented by APIs that enable fiat and crypto conversions, and the Dekaha DeFi Business a wallet infrastructure designed for enterprises.

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[Industry Competition](/introduction/altx-ecosystem/industry-competition)
{% endcontent-ref %}


# The Problem

The CEO's firsthand experience.

People have started discovering all the great benefits of blockchain, specially for its capability to do cheaper, secured, real-time cross border transactions, hence the use of cryptocurrency. However, right now, cryptocurrency is mostly used as a form of investment and doesn't live up to its original design, where you can do Peer-to-peer payments in purchase your needs or wants. While it stores a value, at the end of the day, the owner would have to spend such asset.

## **If an individual wants to spend his cryptocurrency**,

The reality now being experienced by 300m+ cryptocurrency wallet users across the world, they will have to go through several tedious steps of transfer.

* **Firsthand experience of pain,** after becoming a profitable investor or grew your capital in cryptocurrency, finally you will have a money that you can spend on. But you will be facing a huge of barrier of several steps before actually making it a fiat that you can utilize for purchasing. Doing this may mean a loss of time between few minutes up to almost an hour that may cause anxiety in-between and incredible inconvenience. This is the reality of regular experience. Would this be attractive for the next users?
* **The summary of the problem** here is that, at the end of the day, cryptocurrency holds a purchasing value for real world acquisition but for an individual to do that, he has no choice but to go through the inconvenience.

## If businesses wanted to capitalize on cryptocurrency,

they would need to create a blockchain address. Not a bank account, not an email, not a mobile number, but a blockchain address.

#### For them to achieve this, they are left with two options with different pros and cons:

* Centralized accounts through centralized exchanges

| Pros                               | Cons                               |
| ---------------------------------- | ---------------------------------- |
| Easy to use and onboard, Web2 Auth | Does not own the custody of assets |
| Cheaper Fees                       | Limited supported coins listed     |
| Can Forgot Password                | Numerous bankrupt exchange cases   |

* Decentralized wallet through Softwallet

| Pros                        | Cons                                                                 |
| --------------------------- | -------------------------------------------------------------------- |
| Owns the custody of assets  | Cannot change and forget keys                                        |
| Access to DeFi              | Lack of business usecase tailor fit. Limited to send, receive, store |
| Open to all on-chain assets | Will be exposed to volatile assets such as meme coins                |

#### Let's say we have 2 scenarios using both options.

### Scenario 1:

* When **a business owner utilizes a centralized wallet**, he can benefit from easy self-onboarding because he can log in through Web 2 authentications such as Google Sign In. However, the cons can be the risk of not owning the custody of your assets, specially when an unfortunate event happens to the exchange, which has happened multiple times already. Also the restraint of having few options of coins supported by the exchange and the underlying gas fees underneath it, specially when it's a transaction made on Ethereum Chain that costs 10$+, an amount that won't make sense for the majority of businesses. And it defeats the purpose of blockchain technology since it won't be able to connect to DApps.
* **Firsthand experience of pain,** when somebody had only a few options to pay a business accepting crypto, and happened to be USDC is his choice of payment form, however because of the limitation, both the customer and business would need an ETH amounting to 10$+ to be sent by the customer, and to be moved out by the business. Having a total loss of 20$+ on that transaction alone. Is it good?
* **The summary of the problem** here is that, account convenience compromises the whole purpose of Blockchain. Assets stored or owned by you in centralized exchanges are just transfers of data.

### Scenario 2:

* When **a business owner creates a wallet address with the use of a softwallet**, he will be given a wallet address, private key, and seed phrases of his account, which means he will benefit from full custody of his assets while also carrying full responsibility for its security. Plus, this kind of wallet infrastructure does not offer change or forgotten keys in case of loss or compromise. Compromise is the worst part, because the only cue for this is when your funds are already gone, nothing else before. While being on the blockchain allows you to be exposed to all on-chain tokens, it becomes a disadvantage when customers are paying using a recently created token that is prone to volatility. Those 3 are among the top concerns for businesses that would take this path.
* **Firsthand experience of pain,** when you, as a business owner, that has different set of employees that would require specific access to your account, such as account management or sales payment issuance, you will need to share your private keys which is something that you can never change anymore unless you ditch your account and just create a new one, which will also mean a waste of immutable transaction records. And with more people having access to your keys, you will have no idea who is causing unauthorized transactions. The worst part is when somebody pays a business owner $100 worth of new token that turn into $1 by the next morning. This is the reality. Would you still opt for this path?
* **The summary of the problem** here is that, self-custody and access to full on-chain capabilities are also double-edge sword that may risk your business.

Despite all the benefits we all know about blockchain and its capability to do cheaper, secured, real-time cross border payments, we can all agree that both of these scenarios mentioned above, either way, become a huge barrier for businesses to fully embrace and put their presence on the blockchain so they can start capitalizing on this blue ocean market and grow their customer base cross-borders.

### Should we keep it this way? Inaction would threaten the original usecase of cryptocurrency, which is "currency" as a form of payment or transfer of value and not just an investment.

It happens to be **the solution of Altswitch**, which can solve both the experience of a customer by reducing several tedious steps to 1 step and less than a minute experience and for a business owner to have the wallet infrastructure that would tailor fit his business operations so he can be exposed and capitalize on blockchain market without worries into

## **one single step**.

{% content-ref url="/pages/em9bzaBtHt8GehXv13l1" %}
[The Solution](/introduction/altx-ecosystem/the-solution)
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# The Solution

The catalyst for next mass adoption

## Revolutionizing Cross-Border Payments:

In today's globalized world, cross-border payments play a vital role in facilitating international trade and enabling seamless transactions between individuals and businesses.

However, traditional methods of cross-border payments often come with numerous challenges, such as high fees, long processing times, and security concerns.

Altswitch, a pioneering blockchain-based company, has emerged as a game-changer in this space, offering a transformative solution that empowers individuals and businesses with efficient and secure cross-border payment capabilities.

#### Streamlined Wallet Infrastructure:

> At the heart of Altswitch's solution lies its advanced wallet infrastructure, specifically tailored for enterprise experiences while maintaining decentralization and enhanced security.
>
> This user-friendly wallet enables businesses to integrate Altswitch's infrastructure seamlessly into their existing systems, unlocking the ability to accept various cryptocurrencies as payments. By doing so, businesses can capitalize on the rapidly expanding market of cryptocurrencies and tap into the global reach of real-time payments, thereby expanding their customer base and enhancing revenue streams.

#### Empowering Enterprises with the ALTX Token:

> Altswitch's native token, ALTX, complements its wallet infrastructure and provides exclusive benefits to enterprises and holders within the ecosystem. The token is equipped with a decentralized hard-coded rebates or cashback system, a unique feature in the market.
>
> Through this innovative mechanism, businesses and token holders are incentivized for their participation and contribution to the Altswitch ecosystem. This creates a self-sustaining cycle of value creation, where enterprises are motivated to promote the ecosystem, and token holders reap the rewards through continuous rebates and incentives.

#### Addressing the Cross-Border Payments Market:

> Altswitch's solution directly addresses the challenges faced by businesses engaged in cross-border payments. With the traditional methods plagued by high costs, lengthy settlement periods, and complex procedures, Altswitch's streamlined approach offers a faster, more cost-effective, and secure alternative.
>
> By leveraging the power of blockchain technology, Altswitch ensures transparent transactions, reducing intermediaries and minimizing the risk of fraud or errors. This enables businesses, particularly those in e-commerce, freelancing, and other cross-border industries, to operate more efficiently, expand their global reach, and unlock new growth opportunities.

#### Legal and Regulatory Compliance:

> Altswitch recognizes the importance of adhering to legal and regulatory frameworks in the cryptocurrency industry. It remains committed to maintaining compliance with local regulations and ensuring a secure and trustworthy ecosystem for its users. By complying with evolving legal standards, Altswitch enhances user confidence, strengthens partnerships, and paves the way for widespread adoption of its solution. By creating a beneficial decentralized wallet infrastructure for enterprises, the vision of Altswitch is also to assist the Government to audit businesses through their immutable transaction records made in the Blockchain.

Altswitch protocol cares for a win-win situation between Businesses, their Customers, and the Government.

## Conclusion:

Altswitch is at the forefront of revolutionizing cross-border payments through its innovative solution. By combining a user-friendly wallet infrastructure, a native token with decentralized rebates, and a commitment to legal and regulatory compliance, Altswitch empowers individuals and businesses to transcend the limitations of traditional payment methods through its [ALTX Ecosystem](/introduction/altx-ecosystem).

> With Altswitch, the world becomes a borderless marketplace, enabling seamless and secure transactions that propel global economic growth and foster financial inclusivity. As Altswitch continues to pave the way for a new era of cross-border payments, it opens doors to endless possibilities, transforming the way we transact and connect in the digital age.


# Target Market

### Primarily, small and medium-sized enterprises (SMEs):

SMEs can benefit from the convenience and security of blockchain technology in managing their transactions and financial records. They may be interested in Altswitch’s wallet infrastructure or other blockchain-based solutions that can help them streamline their operations, improve security, save costs, and increase revenue by opening cross-border payments through cryptocurrency.

#### Enterprises in the field of:

* E-commerce
* Subscription-based businesses
* Freelance Services
* Online marketplaces
* Unbanked Enterprises
* Tourist Businesses
* Any businesses with cross-border clients<br>

### As a secondary market, younger, tech-savvy demographics:

Younger generations, such as millennials and Gen Z, are often early adopters of new technologies and may be more interested in blockchain-based products and services that offer unique features and benefits.<br>

### Global travelers and remittance users:

Customers who travel frequently or send money internationally may benefit from blockchain-based solutions that offer fast, secure, and low-cost cross-border transactions. They may also be interested in cryptocurrency-based solutions that can help them avoid currency conversion fees and other costs associated with traditional financial systems.<br>

### Crypto enthusiasts and early adopters:

This group of customers is already familiar with blockchain technology and cryptocurrency and is likely to be interested in new blockchain-based products and services that offer unique features and benefits. They may also be interested in investing in cryptocurrency and are more likely to hold cryptocurrency


# Market Size

Altswitch's Cross-border Payments Opportunity with DeKaha

> *The payments market has been shaken recently, from frictionless national payments in the retail segment to smooth cross-border payments for companies. The B2B segment currently covers 96% of all global cross-border payments volumes. Even though some new unicorn players have gained serious market shares with their offerings*

## TAM SAM SOM

<table><thead><tr><th>Markets</th><th width="147.66666666666666" align="right">Percentage</th><th width="172" align="right">Volume/y in USD</th><th>Scope</th></tr></thead><tbody><tr><td><strong>TAM</strong><br>Total Available Market</td><td align="right">100%</td><td align="right">150 Trillion</td><td>Global Cross Border Payments</td></tr><tr><td><strong>SAM</strong><br>Serviceable Available Market</td><td align="right">2.6%</td><td align="right">4 Trillion</td><td>Global Cross Border Payments using cryptocurrency</td></tr><tr><td><p><strong>SOM</strong></p><p>Serviceable Obtainable Market</p></td><td align="right">0.6%</td><td align="right">932 Billion</td><td>Global Cross Border Payments on APAC</td></tr><tr><td>Conservative Serviceable Obtainable Market</td><td align="right">0.001%</td><td align="right">1.5 Billion</td><td>Global Cross Border Payments in Philippines</td></tr></tbody></table>

*It is measured in Volume of transactions because DeKaha's primary business model is **"Transactional".***

> According to EY – a global accountant and consultancy firm – the total global cross-border payment flows will reach USD 156 trillion this year, of which they estimate USD 150 trillion to come from B2B transactions.

**The market for AltSwitch presents a substantial revenue opportunity** due to several key factors. Firstly, AltSwitch targets the global market for cross-border payments, which is already valued at trillions of dollars. With the increasing globalization of businesses and individuals seeking efficient and cost-effective ways to transact internationally, the demand for innovative solutions like AltSwitch is on the rise.

**Geographically**, AltSwitch has the potential to cater to a broad market, as cross-border payments are a universal requirement for businesses and individuals worldwide. While the initial focus may be on specific regions, the scalable nature of AltSwitch's product allows for expansion into new geographies as the business grows.

**The market for cross-border payments is growing rapidly**, driven by the increasing adoption of e-commerce, globalization of businesses, and the rise of digital currencies. According to industry reports, the global cross-border payments market is projected to reach trillions of dollars in value in the coming years, indicating the immense revenue potential for AltSwitch.

Furthermore, recent developments in the financial industry, such as the rise of decentralized finance (DeFi) and the **increasing acceptance of blockchain technology, create favorable conditions for AltSwitch's solution**. The growing acceptance of cryptocurrencies and the need for secure, efficient, and borderless payment solutions position AltSwitch at the forefront of this transformative market trend.

**In summary, AltSwitch operates in a large and rapidly expanding market for cross-border payments,** offering a solution that addresses the pain points of businesses and individuals seeking seamless, secure, and cost-effective international transactions. With its global reach, scalable product, and alignment with market trends, AltSwitch is poised to capture a significant share of the growing revenue opportunity in this space.

### Sources:

{% embed url="<https://treasurup.com/banks-undervaluing-cross-border-payments/>" %}

{% embed url="<https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2021/new-data-25-percent-united-states-cross-border-remittance-senders-use-cryptocurrency/>" %}

{% embed url="<https://crypto.com/company-news/both-merchants-consumers-are-eager-to-mainstream-crypto-payments>" %}

{% embed url="<https://go.chainalysis.com/geography-of-crypto-2022-report.html>" %}

{% embed url="<https://www.makeuseof.com/reasons-use-crypto-for-cross-border-payments/>" %}
Cryptocurrency has emerged as an efficient and cost-effective option for businesses regarding cross-border payments. With advantages like direct peer-to-peer transfers, minimal transaction fees, improved transparency, instant transfers, and flexibility, more and more companies are integrating blockchain technology and cryptocurrencies for international payments and settlements.
{% endembed %}

{% embed url="<https://bitpinas.com/fintech/ofw-remittances-june-2023/>" %}

{% embed url="<https://fintechnews.ph/54791/fintechphilippines/fintech-philippines-report-2022-highlights-the-rise-of-crypto-and-advent-of-digibanks/>" %}

{% embed url="<https://www.juniperresearch.com/press/blockchain-based-cross-border-b2b-transactions>" %}


# Industry Competition

Altswitch operates in the rapidly growing and dynamic market of cryptocurrency and decentralized finance (DeFi).

The global cryptocurrency [market size](https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149) is valued at around 800 million and is projected to grow to 1.9 billion by 2028, driven by increased adoption and integration of digital assets into traditional financial systems. The market for [crypto cross-border payments](https://www.fintechfutures.com/techwire/global-cryptocurrency-payment-apps-market-report-2022-to-2030-increasing-number-of-cryptocurrency-holders-drives-growth/#:~:text=The%20global%20cryptocurrency%20payment%20apps,according%20to%20this%20study%20conducted.\&text=SecuX%20Technology%20Inc.) is also projected to reach $2.15 billion by 2030, highlighting the significant opportunity for Altswitch's cross-border payment solutions.

The key trend in the cryptocurrency market is the shift towards decentralized finance, where individuals and businesses can access financial services without relying on centralized intermediaries. This presents a significant opportunity for Altswitch to build a decentralized ecosystem of apps and services, including a wallet infrastructure tailored for enterprise solutions while remaining decentralized with better security and maintaining self-custody of their assets.

Altswitch's main competitors are other blockchain-based payment solutions and DeFi platforms such as Ripple, Stellar, and Ethereum. **However, Altswitch differentiates itself from its competitors through** its focus on enterprise-grade solutions, its decentralized rebate system that benefits its enterprises and holders on the ecosystem, and its affiliate program, which incentivizes community-driven promotion of the ecosystem.

<br>


# Abstract

Altswitch is a blockchain-based company that aims to empower individuals and businesses with the power of ownership through decentralized technology. Our vision is to create a more secure, transparent, and accessible cross-border world. We have developed a decentralized ecosystem of services and apps, including a wallet infrastructure tailored for enterprise experiences, while staying decentralized with better security and taking self-custody of their assets. Our native token, ALTX, is designed with a hard-coded decentralized rebate system, offering an exclusive benefit to holders and enterprises within our ecosystem.

We are addressing the growing market for cross-border payments via cryptocurrency, which amount to roughly $700 billion according to the latest available [data](https://techcrunch.com/2021/12/28/is-cryptocurrency-an-alternative-to-remittances-or-an-additive-factor/). This is only a tiny fraction of the $156t in cross-border payments made globally through traditional financial vehicles with B2B transactions contributing $150t [to date](https://www.ey.com/en_gl/banking-capital-markets/how-new-entrants-are-redefining-cross-border-payments). Additionally, the global cryptocurrency [market size](https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149) is projected to grow from USD 910.3 million in 2021 to USD 1,902.5 million in 2028, exhibiting a CAGR of 11.1% during the 2021-2028 period. We are focused on helping businesses such as e-commerce, freelancers, and other entities that wish to enable cross-border transactions.

Our revenue model is generated from our token's transaction fees on our platform, which will be distributed to token holders as rewards for their participation in the ecosystem. We have also established an affiliate program to incentivize community to promote our token and ecosystem, allowing them to earn a portion of the trade fee for each referred person who buys ALTX.

Altswitch is currently funded by a community invested in our token and angel investors on the equity side. Our team consists of experienced blockchain developers and business professionals, dedicated to creating a financially borderless world that is more accessible to all.

<br>


# Vision & Mission

## **Vision**

> To empower individuals and businesses with the full power of ownership on decentralized technology, creating a secured, transparent, and accessible cross-border world.

## Mission

> Everyone deserves to have control over their own data and assets on the internet. That's why we are building a platform that leverages the power of decentralized technology to enable individuals and businesses to own, manage, and exchange their digital resources securely, transparently, and efficiently without the need of middlemen. Our mission is to create a more open and inclusive cross-border world where anyone can access the opportunities and benefits of the new digital economy.


# Core Values

What embodies the Altswitch's character

<details>

<summary><strong>A</strong>uthenticity</summary>

Our team believes in authenticity, in our goals, the way we operate, and the way we interact with the community. You can trust that our intentions will always be to better the community and to innovate in the spirit of convenience and sustainability.

</details>

<details>

<summary><strong>L</strong>ongevity</summary>

AltSwitch as a project and as a cryptocurrency is a thesis on community empowerment through a circular economic model that rewards its investors not only for holding the token but also for incorporating and adopting it in peer-to-peer, consumer-to-business, and business-to-business  transactions. We aim to be a foundational pioneer in proving not only the token’s use case but also its potential to establish an alternate universe in the Metaverse.

</details>

<details>

<summary><strong>T</strong>ransparency</summary>

Transparency is integral and should be at the core of any cryptocurrency. We will strive to provide the most access to the community about our milestones, progress, and achievements as we innovate and improve for its benefit.

</details>

<details>

<summary><strong>S</strong>ecurity</summary>

We value security as one of, if not the top concern for any individual or party that participates in crypto. Our Anti Whale Dump technology protects investors from malicious market manipulation practices that may trigger erratic volatility in the market. We are also set to be audited by reputable auditing entities in the space such as Certik for our smart contract.

</details>

<details>

<summary><strong>W</strong>ide-Ranging</summary>

Constant expansion as an indicator of growth is a guiding principle of the project. The team aims to be a key platform for solution providers and eventually a key figure in the establishment of Web 3.0 and the Metaverse.

</details>

<details>

<summary><strong>I</strong>ntegrity</summary>

The team makes and will continue to make its innovative and integral decisions with its guiding principles and values at the center. The community and its investors can rest assured that we will continue to operate in this manner as the project continues to grow and reach its goals.

</details>

<details>

<summary><strong>T</strong>echnology</summary>

Technology is the central mechanism that drives AltSwitch as a cryptocurrency, and as such, we will constantly be on the lookout to adopt any beneficial improvements in the space to provide the most ease of access and use.

</details>

<details>

<summary><strong>C</strong>ustomer-centered</summary>

The long-term direction of the project is to be a platform for solution-based providers on the blockchain, with AltSwitch as the governing token that drives its digital economy. In line with this are our customer-centric values, according to which we aim to provide a world-class user experience with the most security and ease of accessibility for its users.

</details>

<details>

<summary><strong>H</strong>umanity</summary>

With all the technology that surrounds the project and its day-to-day operations, our team constantly keeps in mind that we do it for the advancement and empowerment of humanity; transcending past borders, race, or nationality. We would like to dedicate our work to improving the overall human experience. We care for our kind; after all, we are, at our root, one race; the human race.

</details>


# Roadmap

Updates on the Roadmap

<figure><img src="/files/yTMMqtvGOeYdFC0z94pb" alt=""><figcaption></figcaption></figure>

<details>

<summary>MAJOR ACCOMPLISHMENTS &#x26; TRACTION</summary>

#### Previous Year

* [x] 3x International Conference Presence\
  (TechKogo Forum, Future Innovation Summit, AIBC Dubai)&#x20;
* [x] Became Top Trending on CGK, CMC,[ Crypto.com](https://crypto.com), DexTools, and Pinksale
* [x] Featured on[ Yahoo Finance](https://finance.yahoo.com/news/blockchain-based-startup-altswitch-awarded-195900473.html),[ Yahoo PH](https://ph.news.yahoo.com/blockchain-based-startup-altswitch-awarded-195900473.html),[ Bloomberg](https://www.bloomberg.com/press-releases/2022-02-02/altswitch-introduces-its-token-for-web-3-0-brings-revolutionary-features),[ Nasdaq](https://www.nasdaq.com/press-release/altswitch-introduces-its-token-for-web-3.0-brings-revolutionary-features-2022-02-02),[ BitPinas](https://bitpinas.com/business/altswitch-dubai/),[ Benzinga](https://www.benzinga.com/pressreleases/22/07/g28040700/blockchain-based-startup-altswitch-awarded-gold-place-by-industry-experts-at-future-innovation-sum),[ Coinmarketcap](https://coinmarketcap.com/community/articles/32317),[ Investing.com](https://www.investing.com/news/cryptocurrency-news/altswitchs-core-team-takes-on-cryptos-grand-stage-at-aibc-summit-dubai-2797975),[ StreetInsider](https://www.streetinsider.com/Press+Releases/AltSwitch%E2%80%99s+Core+Team+Headed+For+AIBC+Summit+In+Dubai/19732969.html), and more
* [x] Won [Future Innovation Summit's 2022 Startup Olympics](https://www.linkedin.com/posts/futuer-innovation-summit_dfisx-startups-winners-activity-6944919550027001856-ZG7s?utm_source=share\&utm_medium=member_desktop) in Dubai, UAE
* [x] Selected to take part in the [Brankas Hackcelerator](https://mb.com.ph/2022/08/31/philippines-first-open-finance-accelerator-programme-for-startups-launched/) 2022, PH
* [x] Featured twice on TechKogo 2022 as Top Startup in Dubai, UAE
* [x] Traction of access to 7,000+ Enterprise consumers and growing

#### 2023

* [x] Featured on Podcasts and Mainstream Publishers
* [x] $ALTX Token Upgrade release
* [x] Dekaha Softwallet release
* [x] Dekaha 12,000+ waitlist signups, 95% conversion rate.
* [x] Dekaha featured on [Bitpinas](https://bitpinas.com/business/pinoy-led-firm-business-defi-crypto-wallet/)
* [x] Dekaha partners with [Cosplay Event](https://prtimes.jp/main/html/rd/p/000000134.000024718.html)

### Rewards Generated

Around 350,000+ USD in rewards were given back to its community.

</details>

## Phase 1

* [x] Idea Genesis
* [x] Team Formation
* [x] Whitepaper v1
* [x] Smart Contract Development - BSC
* [x] Development Audit
* [x] Double KYC Passed
* [x] Community Building
* [x] ALTS Launch
* [x] Major Listings (Coinmarketcap, Coingecko, Crypto.com)
* [x] Onboarding of multiple communities and nations
* [x] Rewards Calculator Development
* [x] Dashboard v1-2 Development
* [x] Influencers Onboarding

## Phase 2

* [x] Multiple International Conference Attendance & Sponsorships
* [x] Featured on Yahoo Finance, Yahoo PH, Bloomberg, Nasdaq, BitPinas, Benzinga, Coinmarketcap, Investing.com, StreetInsider, and more.
* [x] Won Future Innovation Summit's 2022 Startup Olympics in Dubai, UAE
* [x] Selected to take part in the Brankas Hackcelerator 2022, PH
* [x] Onboarding of Batch 1 Test Pilot Businesses AltPioneers
* [x] Held several crypto education CSR
* [x] Featured at an International Conference - [TechKogo](https://techkogo.com/)

## Phase 3

* [x] ALTX Token Upgrade Development

* [x] Whitepaper v2

* [x] Partnerships

* [x] Continuous Dekaha Wallet Development

* [ ] A/B Testing of new Marketing Campaign

* [ ] Community Building

* [x] Dekaha Softwallet APK Soft Launch Campaign

* [x] Dekaha Test App Launch

* [ ] ALTX Upgrade Audit & Mainnet

* [ ] ALTX Token Release&#x20;

* [ ] Upgrade Migration

* [ ] ALTX Private Presale

* [ ] ALTX Public Presale

* [ ] ALTX Upgrade Listing on Arbitrum One network

* [ ] Listing on Top DEXs

* [ ] ALTX Multi-Yield Deposit Launch

* [ ] Dashboard Upgrade & AI Integration

* [ ] Launch of Token Affiliation Program

* [ ] Community Campaigns

* [ ] Mainstream Media Features

* [ ] University Blockchain Tour

* [ ] Licensing and further Legal Compliance

* [ ] Dekaha Wallet APK Public Release

* [ ] Program Launch for Country Crypto Entrepreneurs Circle

* [ ] Merchant Onboarding

* [ ] Listing on Top CEXs

## Phase 4

* [ ] Equity Funding Round
* [ ] DeFi Business Development
* [ ] DeFi Business API & Integrations on Websites, Shopify, Woocommerce
* [ ] DeKaha launch on Apple Store & Playstore
* [ ] DeKaha Bills Payment
* [ ] DeKaha Remit
* [ ] Hardwallet Development
* [ ] Event Hosting - Blockchain for Enterprise
* [ ] Dekaha Mega Events
* [ ] Media Buying Campaigns 2023
* [ ] Hardwallet Presale Campaigns
* [ ] Hardwallet Influencer and Community Campaigns
* [ ] Hardwallet Media Buying
* [ ] Organic Campaigns - Rallying with current Users
* [ ] 10K+ Onboarded SMEs for Dekaha DeFi Business

## Phase 5

* [ ] 1+ Million ALTX Holders
* [ ] Billions of Rewards Generated
* [ ] 10+ Million Dekaha App Downloads
* [ ] Top Trusted Brand for Crypto Payment Infrastructure
* [ ] 1+ Million Hardwallets sold
* [ ] 1+ Billion total volume of Transactions happening within Altswitch Ecosystem


# Blockchain

Altswitch is built on top of the [Arbitrum One](https://arbitrum.foundation/) blockchain, **a high-performance scaling solution for Ethereum that enables fast and low-cost transactions.** A Layer 2 scaling solution, developed by Offchain Labs, designed to provide a significant increase in transaction throughput, while maintaining the security and decentralization offered by the Ethereum blockchain. By utilizing a technology called Optimistic Rollups, Arbitrum One bundles multiple transactions into a single proof that is submitted to the Ethereum mainnet, thereby reducing congestion, gas fees, and improving overall performance.

Arbitrum One offers several benefits compared to other scaling solutions:

* **Increased Scalability:**
  * Arbitrum One enables greater transaction throughput, which helps alleviate network congestion and allows more transactions to be processed in a shorter amount of time.
* **Lower Transaction Costs:**
  * By bundling transactions and submitting them as a single proof, Arbitrum One significantly reduces the gas fees associated with each transaction, making it more affordable for users and developers.
* **Compatibility with Ethereum:**
  * Arbitrum One is built on top of Ethereum, allowing for seamless integration with existing Ethereum-based applications and infrastructure, as well as providing a familiar environment for developers.
* **Enhanced Security:**
  * By leveraging the security of the Ethereum mainnet, Arbitrum One ensures that the Layer 2 network is protected against attacks and vulnerabilities, while maintaining decentralization.
* **Flexible Smart Contracts:**
  * Arbitrum One supports the Ethereum Virtual Machine (EVM), which allows developers to write and deploy smart contracts using familiar programming languages and tools, while benefiting from the improved performance and cost-efficiency of the Layer 2 solution.

Altswitch's blockchain architecture leverages Arbitrum One's capabilities to provide a decentralized and secure platform for its ecosystem of apps and services. As development progresses, Altswitch plans to expand its reach by working with multiple blockchains.


# Smart Contracts & Tech Stacks

1. **Solidity**
2. **Architecture Features**
   1. Cashback
   2. Rewards
   3. Governance
   4. Affiliate
   5. Deflationary
3. **Decentralized Apps & Services**
   1. React
   2. Solidity
   3. Javascript
   4. EVM - Multi Coin Wallet
      1. Dekaha DeFi Business (Enterprise Wallet)
      2. Key Technologies:
         1. Multi-business setup
         2. Multi-Role permissions control access & security
         3. Generate Exact Payment Request
         4. Blockchain data feeds business analytics
         5. Immutable Transaction Records
         6. Secured Withdrawal Layers
         7. Transferable Contract/Business Ownership
         8. Self-custody infrastructure
         9. Simple API integration on website's payment settlement
      3. API of wallet
         1. Fiat <> Cryptocurrency
            1. Global on & off ramp
               1. Transak
               2. Ramp
               3. VASP Licensed Exchange


# Token - ALTX

The ALTX token is positioned as not just a great store of value, but also as the ideal form of payment for businesses due to its powerful integration of incentives for its holders and ecosystem.

**The following are its major token capabilities:**\
(Click to drop-down)

<details>

<summary>Cashback Decentralized System</summary>

A cashback decentralized system using ALTX as a payment method within the ecosystem can incentivize users to transact and stay loyal to the ecosystem, ultimately leading to an increase in customer retention and attracting new users.

</details>

<details>

<summary>Universal Rewards</summary>

Generating rewards of your choice from the volume of token transactions and revenue can passively incentivize users to trade within the ecosystem and hold the tokens, which creates a network effect and makes the ecosystem more valuable.

</details>

<details>

<summary>Governance</summary>

Implementing a governance token when the ecosystem becomes a DAO can create a more democratic and transparent decision-making process, increasing trust and community involvement.

</details>

<details>

<summary>Fixed supply &#x26; Deflationary</summary>

Implementing a fixed supply and deflationary mechanism can increase the token's value by creating scarcity and incentivizing users to hold the tokens, creating a more stable and valuable ecosystem for users.

</details>


# Tokenomics

Overview of the token economics of $ALTX

<figure><img src="/files/wIz5WKLwXQUHcNVGNmoA" alt="" width="188"><figcaption><p>ALTX Token Image</p></figcaption></figure>

### <mark style="color:orange;">Token Information</mark>

<table><thead><tr><th width="213.66666666666666">Particulars</th><th></th></tr></thead><tbody><tr><td>Token Name</td><td>Altswitch</td></tr><tr><td>Symbol</td><td>ALTX</td></tr><tr><td>Contract Address</td><td><mark style="color:red;">TBA</mark></td></tr><tr><td>Decimals</td><td>9</td></tr><tr><td>Max Supply</td><td>400,000,000</td></tr><tr><td>Token Type</td><td>Payment Form, Utility, Governance</td></tr><tr><td>Blockchain</td><td>Arbitrum One, BNB Chain</td></tr><tr><td>Token Audit</td><td><mark style="color:red;">Waiting for the final testnet</mark></td></tr><tr><td>Transaction Fees</td><td>0 Swap Fees</td></tr></tbody></table>

### <mark style="color:orange;">Distribution & Vesting</mark>

<table><thead><tr><th width="212">Particulars</th><th width="125" align="right">Percentage</th><th width="155" align="right">Token Amount</th><th>Period</th></tr></thead><tbody><tr><td>Presale &#x26; Liquidity</td><td align="right">22.05%</td><td align="right">88,189,200</td><td>TGE 100%</td></tr><tr><td>Private Sale</td><td align="right">15.00%</td><td align="right">60,000,000</td><td>TGE 10%; Vested per Quarter, 2 year cycle </td></tr><tr><td>V1 Holders</td><td align="right">5.40%</td><td align="right">21,591,360</td><td>Optional Vested 1 year cycle</td></tr><tr><td>Advisors</td><td align="right">2.00%</td><td align="right">8,000,000</td><td>Locked 30th and 60th day</td></tr><tr><td>Marketing</td><td align="right">5.00%</td><td align="right">20,000,000</td><td>For utilization</td></tr><tr><td>Partnerships</td><td align="right">2.50%</td><td align="right">10,000,000</td><td>For utilization</td></tr><tr><td>CEX Listing Reserves</td><td align="right">15.00%</td><td align="right">60,000,000</td><td>Locked 30 Days</td></tr><tr><td>Ecosystem Reserves</td><td align="right">12.06%</td><td align="right">48,219,440</td><td>Vested per Semi-Annual, 2 years cycle</td></tr><tr><td>Ecosystem Rewards</td><td align="right">5.00%</td><td align="right">20,000,000</td><td>For utilization</td></tr><tr><td>Developer Incentives Program</td><td align="right">5.00%</td><td align="right">20,000,000</td><td>Vested for Bounty Grants</td></tr><tr><td>Staking Pool Incentives</td><td align="right">4.00%</td><td align="right">16,000,000</td><td>Vested 2 years cycle</td></tr><tr><td>Team</td><td align="right">7.00%</td><td align="right">28,000,000</td><td>Vested per Quarter, 2 years cycle</td></tr><tr><td><strong>Total supply</strong></td><td align="right"><strong>100%</strong></td><td align="right"><strong>400,00,000</strong></td><td></td></tr></tbody></table>

**Utility:** The $ALTX token is used as the primary payment method within the Altswitch ecosystem, providing users with a quick, easy and affordable means of payment. It also powers the decentralized cashback system which is unique to Altswitch, providing additional value and benefits to both enterprises and individual token holders.\
\
**Scarcity:** The $ALTX token has a fixed supply cap of 400 million tokens, making it limited and exclusive. The token's value is enhanced by its fixed supply, deflationary nature through manual buyback & burn, a method to limit supply and boost scarcity over time.\
\
**Demand:** The $ALTX token has the potential to generate a high demand as more enterprises and individuals use Altswitch's payment infrastructure to accept and transact in cryptocurrencies. As the ecosystem grows and the adoption of cryptocurrencies continues to expand, the demand for $ALTX is expected to increase, contributing to its value proposition.\
\
**Governance:** Holders of the $ALTX token can vote on its DAO Infrastructure and upgrades, including fund allocation, feature implementation, and ecosystem expansion plans. $ALTX holders can directly influence Altswitch Ecosystem development.\
\
Altswitch's **affiliate program** compensates investors for promoting the token and ecosystem. The referrer receives a share of the trade fee when someone buys $ALTX. This encourages and incentivizes investors to support the Altswitch ecosystem, which sustains user growth and $ALTX demand.\
\
$ALTX's **decentralized cashback system**, deflationary token model, universal rewards protocol, governance rights for holders, and affiliate program to incentivize ecosystem expansion make it a valuable and practical payment option. Altswitch's ecosystem and user base are likely to develop, improving $ALTX's worth addressing all key benefits for investors, consumers, and enterprises.

### <mark style="color:orange;">Token Sale Stages & Comparison</mark>

<table><thead><tr><th width="181">Particulars</th><th width="187">Private Presale</th><th width="197">Public Presale</th><th>Listing Sale</th></tr></thead><tbody><tr><td>ALTX per ETH</td><td>240,000</td><td>200,000</td><td>180,000</td></tr><tr><td>Conditions</td><td>Vested by <a data-mention href="/pages/TMTz9mhT0cSzJuJvzC4A">/pages/TMTz9mhT0cSzJuJvzC4A</a></td><td>Vested</td><td>None</td></tr><tr><td>Eligibility</td><td>VC, Angels, Heads of Community or Organization</td><td>Whitelisting Winners</td><td>Public</td></tr><tr><td>Hardcap</td><td>500K USD</td><td>300 ETH</td><td>-</td></tr><tr><td>Minimum</td><td>0.5 ETH</td><td>0.01 ETH</td><td>-</td></tr><tr><td>Maximum</td><td>-</td><td>10 ETH</td><td>-</td></tr><tr><td>Listing Difference</td><td>20%</td><td>10%</td><td>-</td></tr></tbody></table>

### <mark style="color:orange;">Funding Roadmap</mark>

<mark style="color:orange;">**Current stage:**</mark> ALTX Token development is at 95% completion to reach Arbitrum One mainnet deployment. This is the remaining requirement to start disbursing for Private Presale round investors.

* [ ] Private Presale *<mark style="color:orange;">(Ongoing)</mark>*
* [ ] Public Presale
* [ ] Public Listing - DEXs
* [ ] CEX Listing
* [ ] Seed Round - Equity
* [ ] Series A - Equity


# DeKaha Softwallet

STAGE: Alpha Version Launched, ongoing development

Altswitch's softwallet named "Dekaha" can provide users with a secure and user-friendly way to interact with the blockchain, allowing for self-custody and cross-border transactions.

{% embed url="<https://youtu.be/y14qumb2Gy0>" %}

By providing users with a softwallet, it can help solve issues related to user education and adoption rates, as it can make it easier for users to navigate the blockchain ecosystem.

Additionally, by providing self-custody, it can increase security and privacy for users, ultimately leading to a more trustworthy and engaged community. The ability to facilitate cross-border transactions can also solve real-world problems related to traditional financial systems, as it can provide users with a more accessible and cost-effective way to send and receive money across borders.

<details>

<summary>Features ready to use (Click me)</summary>

* [x] Create Wallet
* [x] Import Wallet
* [x] Manage Multiple Wallets
* [x] Access Multi-Chain Networks (BTC, ETH, BSC, POLYGON, TRON)
* [x] Receive Cryptocurrencies with all the above networks.
* [x] Send Cryptocurrencies with all the above networks.
* [x] Easily Buy Cryptocurrencies using your Debit and Credit Card
* [x] Instant Swap Cryptocurrencies
* [x] Market data tracking of selected Top Cryptocurrencies
* [x] Access DApps with an in-app browser.
* [x] Set your Pin code.
* [x] Change security to Biometrics.
* [x] Quickly access Altswitch Channels

</details>

{% content-ref url="/pages/9UjZMZklQnaECoHuLWOV" %}
[How-To Tutorials](/wallet-infrastructure/dekaha-softwallet/how-to-tutorials)
{% endcontent-ref %}

Overall, Dekaha can provide a valuable tool for anyone looking to interact with the blockchain ecosystem in a secure and user-friendly way.


# How-To Tutorials

This is the library of tutorials on how to use and maximize DeKaha Softwallet.

<table><thead><tr><th width="191.5"></th><th data-type="content-ref"></th></tr></thead><tbody><tr><td>1</td><td><a href="/pages/4hIygapT9mY7PqYv3Cb7">/pages/4hIygapT9mY7PqYv3Cb7</a></td></tr><tr><td>2</td><td><a href="/pages/l1nWf4BLG9sIBP8Dhu5j">/pages/l1nWf4BLG9sIBP8Dhu5j</a></td></tr><tr><td>3</td><td><a href="/pages/QiaJJSJejpYgwGrKzPzD">/pages/QiaJJSJejpYgwGrKzPzD</a></td></tr></tbody></table>

{% hint style="info" %}

#### Request a tutorial, email <global@altswitch.io>

{% endhint %}


# How to Create wallet

<table><thead><tr><th width="144"></th><th></th></tr></thead><tbody><tr><td>Goal</td><td>Creating a self-custody or DeFi wallet to store &#x26; transact cryptocurrencies and NFTs in the Blockchain.</td></tr><tr><td>Total Steps</td><td>7</td></tr><tr><td>Needs</td><td><ul class="contains-task-list"><li><input type="checkbox" checked>Installed DeKaha</li><li><input type="checkbox" checked>Mobile Phone</li><li><input type="checkbox" checked>Internet connection</li><li><input type="checkbox" checked>Third-party password storage (Ex. <a href="https://bitwarden.com/">Bitwarden</a>) or Pen &#x26; Paper</li></ul></td></tr></tbody></table>

## FOLLOW THESE STEPS

<table data-full-width="false"><thead><tr><th width="143" align="center">STEPS</th><th width="438">DETAILS</th><th>USER INTERFACE</th></tr></thead><tbody><tr><td align="center">1</td><td>Wait the intro screen to finish.</td><td><img src="/files/Q1rK0hsxDf2WoYsmaHYb" alt=""></td></tr><tr><td align="center">2</td><td>Tap "Get Started".</td><td><img src="/files/nH1estS0iHWdotaPTTmB" alt=""></td></tr><tr><td align="center">3</td><td>Enter your 4-digit code.</td><td><img src="/files/7GpeFypSSD9FeHL7eaUT" alt=""></td></tr><tr><td align="center">4</td><td>Understand everything and tick the boxes.</td><td><img src="/files/WV37DwLeXDfNY5LZwqFO" alt=""></td></tr><tr><td align="center">5</td><td><p>Copy the randomly generated 12 secret phrases.</p><p></p><p></p><p><em>Note:</em></p><ul><li><em>This will serve as your key to your wallet.</em></li><li>Do not screenshot</li><li>More security ideas on <a data-mention href="/pages/QiaJJSJejpYgwGrKzPzD">/pages/QiaJJSJejpYgwGrKzPzD</a></li></ul></td><td><img src="/files/GPiEaaWB5one95OS3Ja9" alt=""></td></tr><tr><td align="center">6</td><td>After backup, confirm your 12 secret phrases with correct spelling and sequence.</td><td><img src="/files/MI2qoV1lU8PVn1bPsAa6" alt=""></td></tr><tr><td align="center">7</td><td>Done! Welcome to the DeFi and start transacting within the Blockchain! 🎉</td><td><img src="/files/dwr2v85YeXpQYe9j0CsY" alt=""></td></tr></tbody></table>


# How to Import Wallet

<table><thead><tr><th width="144"></th><th></th></tr></thead><tbody><tr><td>Goal</td><td>Importing an existing account from different DeFi softwallet to DeKaha.</td></tr><tr><td>Total Steps</td><td>5</td></tr><tr><td>Needs</td><td><ul class="contains-task-list"><li><input type="checkbox" checked>Installed DeKaha</li><li><input type="checkbox" checked>Mobile Phone</li><li><input type="checkbox" checked>Internet connection</li><li><input type="checkbox" checked>12 - 24 secret seed phrases of your account from other wallet</li></ul></td></tr></tbody></table>

## FOLLOW THESE STEPS

<table data-full-width="false"><thead><tr><th width="143" align="center">STEPS</th><th width="438">DETAILS</th><th>USER INTERFACE</th></tr></thead><tbody><tr><td align="center">1</td><td>Wait the intro screen to finish.</td><td><img src="/files/Q1rK0hsxDf2WoYsmaHYb" alt=""></td></tr><tr><td align="center">2</td><td>Tap "Import my Wallet".</td><td><img src="/files/2RlFqwJjiFCRn8cZgw46" alt=""></td></tr><tr><td align="center">3</td><td>Enter your 4-digit code.</td><td><img src="/files/7GpeFypSSD9FeHL7eaUT" alt=""></td></tr><tr><td align="center">4</td><td><p>Paste the randomly generated 12 -24 secret phrases of your existing wallet.</p><p></p><p></p><p><em>Note:</em></p><ul><li><em>Make sure you are not recording screen while doing this.</em></li><li>More security ideas on <a data-mention href="/pages/QiaJJSJejpYgwGrKzPzD">/pages/QiaJJSJejpYgwGrKzPzD</a></li></ul></td><td><img src="/files/EqBWXLtjVeM5AX9ceE7S" alt=""></td></tr><tr><td align="center">5</td><td>Done! Enjoy your existing account and start transacting within the Blockchain through DeKaha! 🎉</td><td><img src="/files/Bh8yZLNqdnZEIy9EZskD" alt=""></td></tr></tbody></table>


# How to Secure Wallet Keys

Work in progress


# How to Buy Crypto using Cash

Work in progress


# How to Send Crypto

Work in progress


# How to Receive Crypto

Work in progress


# How to Swap Crypto

Work in progress


# Integrations

{% tabs %}
{% tab title="Bills Payment" %}
One of the potential use cases of equipping enterprises with our wallet infrastructure is to enable consumers to pay their bills directly via cryptocurrency.

This will be made possible when enterprises starts adopting the enterprise wallet infrastructure of DeKaha.

This can solve real-world problems such as increasing convenience and security, and promoting financial inclusion.
{% endtab %}

{% tab title="Telecom Load" %}
With our wallet "Dekaha", you can purchase telecommunication loads directly using cryptocurrency. This means you can enjoy faster, cheaper, and more secure transactions than traditional payment methods. You can also benefit from the growing adoption of crypto and blockchain by telecom companies, which offer innovative solutions for connectivity, identity, and data. Whether you need to pay your phone bill, access the internet, or join a decentralized network, "Dekaha" is the wallet for you.
{% endtab %}

{% tab title="Fiat <> Cryptocurrency" %}
API integrations with licensed exchange platforms can enable users to convert fiat currencies to cryptocurrencies and vice versa directly to their bank accounts. This can simplify and streamline the process of trading digital assets, as well as reduce transaction costs and risks. Such integrations can also facilitate the global exchange of currencies across different regions and markets, opening up new opportunities for investors and businesses. By making cryptocurrency transactions easier, faster, and safer, API integrations with licensed exchange platforms can help solve real-world problems.

We have simplified the enterprise and individual experience for a smooth transition of their capital from fiat to cryptocurrency.
{% endtab %}
{% endtabs %}


# DeKaha DeFi Business

STAGE: On-development

The DeKaha DeFi Business wallet infrastructure can provide a comprehensive solution for enterprises looking to leverage the benefits of the blockchain ecosystem.

{% embed url="<https://youtu.be/8ZTPZSeOt5M>" fullWidth="false" %}
Teaser video of DeKaha - DeFi Business on mobile
{% endembed %}

By offering multi-business setup, multi-role permission security, and generating exact payment requests, it can provide enterprises with a more efficient and secure way to manage their finances.

Additionally, business analytics powered by blockchain mechanisms and data can provide valuable insights and transparency for stakeholders. The immutable transaction records can help solve issues related to trust and security, providing a more trustworthy and engaged community.

The secured withdrawal layers, transferable business ownership, and self-custody infrastructure can provide flexibility and control for enterprises, ultimately leading to a more engaged and loyal community.

<table data-view="cards" data-full-width="true"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td><img src="/files/IX2Wl8qufzDacVnK3mRc" alt=""></td><td>Dashboard Values &#x26; Activity</td><td></td><td></td></tr><tr><td><img src="/files/lBNpR5vc7l1BwaThDmxy" alt=""></td><td>Wallet &#x26; Actions</td><td></td><td></td></tr><tr><td><img src="/files/Yemwp98wf9gCfOkPkbjS" alt=""></td><td>Analytics</td><td></td><td></td></tr><tr><td><img src="/files/AzzNCHWhSiWIEcFTZ92E" alt=""></td><td>Customer Payment</td><td></td><td></td></tr></tbody></table>

{% hint style="info" %}
Click images to expand.
{% endhint %}

#### Overall, the DeKaha DeFi Business wallet infrastructure can provide a valuable tool for enterprises looking to embrace the benefits of the blockchain ecosystem.

*According to a report by Deloitte:*

> DeFi could potentially offer enterprises significant advantages over traditional financial services in terms of efficiency, innovation, inclusion, and resilience. The report estimates that DeFi could generate up to $24 billion in annual revenue by 2025. Another report by ConsenSys suggests that DeFi could unlock $800 billion worth of value for enterprises by 2030.

<br>


# Alt Hardwallet

STAGE: On-development

The Alt Hardwallet, an award winning product in the Future Innovation Summit's 2022 Startup Olympics has the potential to solve real-world problems related to security, convenience, and personality in the blockchain ecosystem.

{% embed url="<https://youtu.be/-ZWYphQDVxM>" %}

By implementing biometrics, such as fingerprint authentication, it can provide users with a more convenient and secure way to transact their blockchain assets. Additionally, the inclusion of an OLED screen to display owned NFTs can provide users with a more personalized and visually appealing experience that would define them as owners.

### Key User-Benefits:

* Ergonomic Form Factor
* Seamless User Interface
* Confidence through its Durable form factor
* 100x faster authentication through Biometrics-Grade Security
* Multi-Layer Encryption
* Injected Keys Encryption
* Vast Digital Asset Integrations (Navigation on [DeKaha Softwallet](/wallet-infrastructure/dekaha-softwallet))
* Strategic Partnerships for its Limited Editions
* customizability of its materials
* Displays your wallet owned NFTs through its OLED Touchscreen

Finally, the implementation of injected encryption can provide users with an added layer of security, ensuring that the wallet is freshly generated and not compromised during the delivery process.

The Alt Hardwallet is an encrypting device that will initially store and secure blockchain keys; in the future, as the trend goes wide for digitalization, it will also be the same device that can address digital security for physical device storage of different digital keys for your car, house, and IoT devices.

Overall, the Alt Hardwallet has the potential to provide users with a more secure, convenient, and personalized experience when it comes to managing their cryptocurrency assets.

#### Learn more here: <https://altswitch.io/hardwallet>


# Dashboard AI Powered

STAGE: Live & On-development Upgrade

A dashboard that uses AI and keeps track of rewards can give users a full picture of what they earn in the ecosystem.

The calculator can help users estimate their possible income, giving them the information they need to make decisions about their digital assets.

With the help of Altair, the AI assistant, users can also get personalized support and guidance as they navigate the blockchain.

The AI market sentiment analyzer can help users stay informed of market trends and news, allowing them to make better investment decisions. This can help solve problems with user education and adoption rates, which will help the ecosystem grow in the long run.

Also, by giving users personalized help and a full picture of what they've earned, it can help build trust in the ecosystem and make the community more active and loyal.


# DAO Infrastructure

STAGE: On-development

DAO infrastructure can make decision-making more democratic and transparent by letting users use tokens to have a say in how smart contracts are run.

By using a token-based voting system, users can participate in the decision-making process and help shape the direction of the ecosystem.

This can help solve issues related to trust and governance, as it provides users with a voice in the decision-making process.

Additionally, the plug-and-play platform can make it easier for developers to implement the DAO infrastructure, increasing adoption rates and creating a more engaged community.

Overall, the DAO infrastructure can make the ecosystem more decentralized and open, which will help the project grow and succeed.


# Multi-Yield Locks

STAGE: On-development

Multi-Yield Deposit is a lock contract with two types of yield that can provide users with a flexible earning option, allowing them to earn both short-term and long-term yields simultaneously.

By staking $ALTX, users can earn more $ALTX, creating a long-term incentive to hold the tokens. Additionally, through the Universal Rewards Protocol, users can receive their chosen reward tokens based on the volume fees of transactions, providing a short-term incentive for users to stake their tokens.

This can help increase user engagement and loyalty, ultimately leading to the growth of the ecosystem. Additionally, the flexibility of the staking option can help solve issues related to user retention, as it provides users with multiple ways to earn rewards and stay engaged with the ecosystem while increasing its value over time.

## Its Strategic Purpose

> To preserve the tokens bought by presale investors to encourage long term holding since they are the foundation of this vision while keeping them incentivize with the following yields:
>
> 1. **Long Term Yield**
>    1. Locks ALTX tokens earns XX APY gains of ALTX tokens
>    2. The reward token is ALTX
>    3. Gains and capital can only be withdrawn once the lock period is done\
>       (Ex. Vesting 10% per quarter).
> 2. **Short Terms Yield**
>    1. Locks ALTX tokens earns dynamic yield % based on volume of exchange transactions (buy/sell)
>       1. This is already done by [Token - ALTX](/token/token-altx#universal-rewards)
>    2. The reward token is customizable to any preferred asset
>       1. This is already done by [Token - ALTX](/token/token-altx#universal-rewards)
>    3. Gains can be withdrawn anytime there's an accumulated balance of chosen assets.
>       1. This is the part to be developed, “Withdraw” all assets from the contract except for ALTX.

<figure><img src="/files/wT4qbP2vXpPZ73cdwn4o" alt=""><figcaption><p>Multi-Yield Deposit Flow</p></figcaption></figure>

### Benefits

1. **Project Owners**
   1. Self-service capability, fully decentralized.
   2. Allows them to incentivize the tokens locked with **Long Term Yield**.
   3. Encourages its community to lock their investments because of its incentives; the longer they lock, the stronger the price floor.
   4. Ability to utilize reflection-type tokens to earn dividends while being locked through **Short Term Yield.**
2. **Community Token Holders**
   1. Earns more tokens simply by locking tokens.
   2. Self-service capability, fully decentralized.
   3. Earns dividends if the tokens locked has reward fees.


# How-To Tutorials

This is the library of tutorials on how to use and maximize Multi-Yield Locks.

<table><thead><tr><th width="191.5"></th><th data-type="content-ref"></th></tr></thead><tbody><tr><td>1</td><td><a href="/pages/PwcGUruuLSMpSdQT6YUH">/pages/PwcGUruuLSMpSdQT6YUH</a></td></tr><tr><td>2</td><td><a href="/pages/vq3CUldcAbmUnlSEnSuz">/pages/vq3CUldcAbmUnlSEnSuz</a></td></tr><tr><td>3</td><td><a href="/pages/9Tvyi4kwD5sGmEI1Vxlm">/pages/9Tvyi4kwD5sGmEI1Vxlm</a></td></tr><tr><td>4</td><td><a href="/pages/GxpfD9psEGrH6mc0PPdt">/pages/GxpfD9psEGrH6mc0PPdt</a></td></tr><tr><td>5</td><td><a href="/pages/SxQw4ZWtExkqGKYnMswK">/pages/SxQw4ZWtExkqGKYnMswK</a></td></tr><tr><td>6</td><td><a href="/pages/wbyB4iTpRQRhLk5FVHfK">/pages/wbyB4iTpRQRhLk5FVHfK</a></td></tr></tbody></table>

{% hint style="info" %}

#### Request a tutorial, email <global@altswitch.io>

{% endhint %}


# Locks


# How to Lock - Standard


# How to Lock - Vesting


# How to Unlock


# How to Generate Lock Certification


# Rewards


# How to Deposit Rewards


# How to Claim Rewards


# Team

The AltSwitch team is composed of unique individuals who are experts in their respective fields. They have proven, successful track records. Each one was handpicked and gathered by the CEO, who shared the future of AltSwitch and its opportunity to solve the status quo of centralization. The fact that they are part of the team means they have seen the vision of what AltSwitch will be in the future and how significant it will be on the Web 3.

<table><thead><tr><th width="114">Photo</th><th width="149.66666666666666">Name</th><th width="164">Role</th><th>Information</th></tr></thead><tbody><tr><td><img src="/files/nBMVWajH6WZHcP5VwZkk" alt=""></td><td><a href="https://www.linkedin.com/in/carlginmunsayac/">Carl Munsayac</a></td><td>Chief Executive Officer &#x26; Co-Founder</td><td>Experienced professional with a background in <a href="https://financarlgrower.com/">Legal Management and Finance</a>. Involved in the cryptocurrency industry for over 5 years, with participation in successful startups. Keynote speaker at leading blockchain and cryptocurrency events. Oversees company vision, overall operations, product architecture, and stakeholder interactions.</td></tr><tr><td><img src="/files/vXQ5rakFKJhQf2PkZUGM" alt=""></td><td><a href="https://www.linkedin.com/in/mariakayelabay/">Kaye Labay</a></td><td>Chief Marketing Officer &#x26; Co-Founder</td><td>Experienced marketer driving brand growth across diverse industries like hospitality, tourism, cosmetics, crypto, and blockchain. Expert in content creation, strategic campaigns, and social media management, building a positive reputation, and engaging audiences through keynote lectures and networking events. Founder of digital marketing agency <a href="https://mksocialhub.com/">MK Social Hub</a>.</td></tr><tr><td><img src="/files/8J3X6ceXsj3Z0ZgIOWQi" alt=""></td><td><a href="https://www.linkedin.com/in/clarkabella/">Clark Abella</a></td><td>Chief Design Officer &#x26; Co-Founder</td><td>Skilled designer with a degree in Design and Digital Arts. Specializing in web design, particularly blockchain technology and cryptocurrencies. Leads the overall visual materials, product design, and UI/UX integration of Altswitch. Also the design partner of his Co-Founders' other businesses.</td></tr><tr><td><img src="/files/EDeOhJ15WSTKZ4s6MgLO" alt=""></td><td><a href="https://www.linkedin.com/in/rald/">Herald Bayoca</a></td><td>Solidity Developer &#x26; Founding Member</td><td>A pro-active problem-solver that strategically blends his passion and creativity with his technical expertise. Experienced in mechanical system design, data science, machine learning, web development, sales &#x26; marketing, IoT supply chain, blockchain technology, DApp and smart contract development, quantum computing, and qiskit programming. Passionate and enjoy keeping up with the latest technologies and innovations. IBM Blockchain Strategist. Creator of <a href="https://www.zoociety.xyz/">Zoociety</a>.</td></tr></tbody></table>

<figure><img src="/files/5nw8KG3ixgrxHUODA4ts" alt=""><figcaption></figcaption></figure>

{% embed url="<https://github.com/coinscope-co/kyc/blob/main/alts/kyc.png>" %}


# Legal & Regulatory Compliance

Altswitch, as a blockchain-based company, is subject to a variety of legal and regulatory considerations. One of the most difficult challenges is navigating the ever-changing regulatory landscape, which varies greatly between jurisdictions.

Altswitch is committed to complying with all relevant regulations and laws in the jurisdictions where it operates. This includes compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations, as well as other measures to prevent fraud and illegal activities.

In addition, Altswitch is subject to the risk of potential regulatory changes or crackdowns on cryptocurrency by governments around the world. These changes could have a significant impact on the company's operations and market value, and therefore need to be monitored closely. To mitigate these risks, Altswitch works with legal experts to ensure compliance and stay up-to-date on regulatory changes.\
\
Despite the challenges and risks in the ever-evolving cryptocurrency industry, Altswitch remains committed to its mission of empowering individuals and businesses with decentralized ownership and cross-border payment solutions. By staying innovative and responsive to the changing landscape, we believe that Altswitch is well-positioned to make a significant impact on the global financial system, and ultimately create a more transparent, secure, and accessible future for all.

In a worst-case scenario, the positive outlook for Altswitch would be to continue to operate with transparency and integrity while adapting to any regulatory changes or challenges that may arise. The team is committed to building a sustainable and resilient ecosystem that prioritizes the security and accessibility of its users' assets. Regardless of any challenges, Altswitch will continue to work towards its vision of creating a more equitable and decentralized financial system.

<br>


# Risk and Challenges

### Security vulnerabilities:

As with any cryptocurrency, security is a major concern. Altswitch will need to ensure that its platform is secure and that users' funds and information are protected from hackers and other security threats. as well as the hiring of highly skilled technical staff.

### Regulatory challenges:

The regulatory environment for cryptocurrencies is complex and ever-changing. Altswitch will need to stay on top of any changes in laws and regulations that may have an impact on its business, as well as ensure that it is fully compliant with all applicable laws and regulations.\
\
Despite these risks and challenges, Altswitch is well-positioned to succeed in the cryptocurrency industry. Altswitch is positioned to remain distinct from competitors and attract a large user base thanks to its focus on enterprise-grade infrastructure, cross-border payments, and a user-friendly experience. Furthermore, Altswitch's commitment to security and compliance will help build trust with users and regulators alike, which will be critical for the company's long-term success.


# Conclusion

Altswitch is a decentralized payment platform that offers a faster, more secure, and more  cost-efficient payment system. It leverages the Arbitrum One Layer 2 Blockchain to provide fast transaction speeds and low fees. Altswitch also provides a suite of payment solutions, including a decentralized payment gateway, a digital wallet, and an easy-to-use payment interface that can be integrated with merchant websites and on-site OTC transactions.

The global cross-border payments [market](https://www.bccresearch.com/market-research/information-technology/global-cross-border-payments-market.html) is projected to grow from $176.5 billion in 2021 to $238.8 billion in 2027, at a compound annual growth rate (CAGR) of 5.3% during the forecast period, and the global cryptocurrency market is expected to reach $1.9 billion by 2028. Altswitch aims to capture a portion of this market by providing a more efficient and cost-effective payment system.

Altswitch differentiates itself from competitors by providing a wallet infrastructure tailored for enterprise experiences while staying decentralized with better security and maintaining self-custody of its assets. Altswitch has an affiliate program, which incentivizes investors to promote the token and its ecosystem, and a fixed supply cap of 400 million tokens, creating scarcity.

Potential risks and challenges for Altswitch include regulatory considerations, market risks, security vulnerabilities, and technological challenges. However, Altswitch remains optimistic about its vision and committed to providing a more accessible, secure, and transparent cross-border payment system.

Overall, Altswitch's vision is to empower individuals and businesses with the power of ownership over decentralized technology, creating a more secure, transparent, and accessible cross-border world.

<br>


# Why us?

* [x] 30+ combined years of team experience in Blockchain
* [x] Has a clear business plan and model
* [x] Profitable Income Statement Projections
* [x] Results-proven Go-To-Market Strategy
* [x] Revolutionary products that are ahead of its competition
* [x] A wide area for potential business growth in an unsaturated market niche
* [x] [Award Winning Startup](https://www.linkedin.com/posts/futuer-innovation-summit_dfisx-startups-winners-activity-6944919550027001856-ZG7s?utm_source=share\&utm_medium=member_desktop)

Join us in revolutionizing the cross-border payment industry with Altswitch. With our cutting-edge technology and experienced team, we are poised to make a significant impact on the global economy. Invest in our vision and be a part of shaping the future of finance.

[join.altswitch.io](https://join.altswitch.io/)


# Contact us

Official Links of Altswitch

## Join the Altswitch community and be one of the Switchers!

Interested in knowing more about Altswitch? Here are the best sources you can use to educate yourself and get involved in the community, no matter where you're from.

{% embed url="<https://join.altswitch.io/>" %}

## Website

[www.altswitch.io](https://altswitch.io/)

## Announcement Channels

<table><thead><tr><th width="273.5"></th><th></th></tr></thead><tbody><tr><td>Telegram Announcement</td><td><a href="https://t.me/altswitchglobalANN">https://t.me/altswitchglobalANN</a></td></tr><tr><td>Medium Newsletter</td><td><a href="https://altswitchglobal.medium.com/">https://altswitchglobal.medium.com</a></td></tr><tr><td>Twitter</td><td><a href="https://twitter.com/altswitchglobal">https://twitter.com/altswitchglobal</a></td></tr><tr><td>Facebook Page</td><td><a href="https://www.facebook.com/AltSwitchGlobal">https://www.facebook.com/AltSwitchGlobal</a></td></tr><tr><td>Instagram</td><td><a href="https://www.instagram.com/altswitchglobal/">https://www.instagram.com/altswitchglobal</a></td></tr><tr><td>LinkedIn</td><td><a href="https://www.linkedin.com/company/altswitchglobal/">https://www.linkedin.com/company/altswitchglobal</a></td></tr><tr><td>Youtube</td><td><a href="https://www.youtube.com/c/AltSwitchGlobal">https://www.youtube.com/c/AltSwitchGlobal</a></td></tr></tbody></table>

## Communities

<table><thead><tr><th width="281.5"></th><th></th></tr></thead><tbody><tr><td>Telegram</td><td><a href="https://t.me/AltswitchGlobal">https://t.me/AltswitchGlobal</a></td></tr><tr><td>Discord</td><td><a href="https://discord.com/invite/FBsqkqYtCQ">https://discord.com/invite/FBsqkqYtCQ</a></td></tr><tr><td>Facebook Group</td><td><a href="https://www.facebook.com/groups/altswitch">https://www.facebook.com/groups/altswitch</a></td></tr><tr><td>Reddit</td><td><a href="https://www.reddit.com/r/AltSwitchGlobal">https://www.reddit.com/r/AltSwitchGlobal</a></td></tr></tbody></table>

## Email

<global@altswitch.io>

<help@altswitch.io>