June 11, 2018 — Singapore

Alto.io is proud to announce that we are forming a strategic collaboration with Cloud Alliance (“CA”), a Singapore-headquartered technology firm which provides payment solutions, game localisation, marketing and advertising services to game developers.

We have recently signed a collaborative agreement to form a new partnership with Cloud Alliance, a like-minded blockchain company that equally aims to re-shape the way game developers make money through the use crowdfunding to create interoperable cryptoitems, which are built, stored and traded on the blockchain, and used across multiple games.

Both our companies share the same vision of bringing blockchain technology to the masses. To strengthen this effort we will work closely together to explore various strategic business collaborations that will open up new revenue streams and improve user acquisition.

Additionally, Alto and Cloud Alliance will explore the potential of implementing ERC-721 non-fungible cryptoitems built using Alto’s suite of tools on Cloud Alliance's upcoming in-game items trading platform on their MOO Store.

About Alto

Alto.io is creating a decentralized platform with a suite of tools for game developers, item creators and players, built around the blockchain’s item-first economy. Through the Alto platform, interoperable cryptoitems (blockchain-based game items) will be minted, used, and sold across multiple games and users.

We are setting out to enable a self-sustaining ecosystem built around the blockchain’s item-first economy that is fair and mutually beneficial for everyone.

About Cloud Alliance

Cloud Alliance, is a Singapore-headquartered technology firm that provides payment solutions, game localisation, marketing and advertising services to game developers. Cloud Alliance was founded by entrepreneurs with a collective experience of more than 30 years in the video game publishing and payments industries in Asia.

Cloud Alliance’s flagship product, CloudMoolah, is a payment aggregator integrated within the Unity Technologies’ game development software and is offered alongside other in-app-purchase (IAP) products from technology giants such as Apple, Google, Amazon, Facebook, Xiaomi and Samsung. CloudMoolah allows Unity developers to enable in-app revenue collection from more than 500,000 retail point of sales across Southeast Asia where the average credit card penetration rate is less than 3%.