[ANN] Rya - A Decentralized Monetary System

[ryo.official]

Thanx @Mirkolta. Rya's core blockchain tech is cloned from Nxt, with a lot of changes made of course. Nxt owners will be given 40% of the initial coins in circulation (well above the 10% required)

[MirkoIta]

Thanx @Mirkolta. Rya's core blockchain tech is cloned from Nxt, with a lot of changes made of course. Nxt owners will be given 40% of the initial coins in circulation (well above the 10% required)

That's very nice of you, I will be following here and in telegram how the project will develop. Good luck!

[ryo.official]

Hi everyone,

We are excited to announce that the Rya project has an official snapshot date.
The snapshot will be taken in block 2,110,000 of the Nxt blockchain expected to occur on November 17th.

Remember only Nxt users with Nxt wallets will get the new RYA coins and trust when the main net will be live. Exchange wallets are not supported.

As promised, we are dropping 0.4 RYA for each NXT token - a total of 40% of the initial Rya supply. We will be happy to answer any questions you might have on Telegram, here at Bitcointalk or on Reddit.

Cheers,
Rya team

[ryo.official]

The project began as Ryo over a year ago. However in between then and now another project using the name Ryo came along. For this reason the project was rebranded as Rya a short time ago. I hope this helps clarify

[ryo.official]

FYI The test net has transitioned to the Rya domain and is LIVE.

If you would like to join the test net you can login to one of the new running servers. You can play around with the system and check it out.

http://testnet-server2.ryacoin.io:8876/index.html
http://testnet-server3.ryacoin.io:8876/index.html
http://testnet-server4.ryacoin.io:8876/index.html

IMPORTANT: Do NOT enter any private keys from Nxt wallets in the test net!!

Feel free to hit up an admin in telegram for more info.

Cheers,
Rya team

[ryo.official]

Hi everyone,

We are pleased to announce that we have published the Rya code under the Jelurida Public License. This is a massive step forward for the project.

Here is the link to the Rya repo hosted at Github: r/https://github.com/RyaDevelopers/Rya

We encourage anyone who is interested to look over the code. If you have any questions (both technical or general), we would love to hear about it through one of our official channels.

Cheers,

Rya team

[Ryo1989]

Hi all,

A new RYA bounty is live check it out:
https://bitcointalk.org/index.php?topic=5051546.msg46953985#msg46953985

cheers,
RYA community

[killerjoegreece]

work posted here for visibility https://drive.google.com/file/d/17osmAUokmMxlY0wRG1FFRGjPxq3vO7vS/view?usp=sharing

[undeadbitcoiner]

SNAPSHOT OFFICIALLY ANNOUNCED

Hi everyone,

We are excited to announce that the Rya project has an official snapshot date.
The snapshot will be taken in block 2,110,000 of the Nxt blockchain expected to occur on November 17th.

Remember only Nxt users with Nxt wallets will get the new RYA coins and trust when the main net will be live. Exchange wallets are not supported.

As promised, we are dropping 0.4 RYA for each Nxt token - a total of 40% of the initial Rya supply. We will be happy to answer any questions you might have on Telegram, Bitcointalk  or Reddit.

Cheers,
Rya team

Anymore details on what happens to rest 60% of supply? Will be airdropped later for holders or will be used for bounty or 60% is developer fund.

[ryo.official]

We are planning on additional air drops, most likely to Rya holders, though we are also considering other options. There will be a very small percentage reserved to fund continued development. We are still ironing out final details on exact numbers.

[big76]

  our analysis NXT will fly to the moon 

[mitchellmint]

Hello,

Can you update your OP to include $TRUST ?  My community has raised questions about Staking on $TRUST or $XTP.

Travis

[ryo.official]

Absolutely NO connection between the Rya project and $TRUST or $XTP. Rya has its own TRUST token which is an internal token that cannot be moved from wallet to wallet, has no transactable value and serves a purpose in the Rya minting process. The Rya TRUST will be airdropped alongside Rya to NXT owners. There is no staking in the Rya system using other coins. It is a completely self contained system.

[TimeTeller]

If you want to disrupt the banking system, I believe you need to disclose your team members.
And a 7-page whitepaper is not enough to discuss such ambition.

Anymore details on what happens to rest 60% of supply? Will be airdropped later for holders or will be used for bounty or 60% is developer fund.

60% that will be left for the team is a big number. If they will be dumping theirs, we'll never know that.
But at least they are not holding ico. Maybe relying from the airdrop hunters in terms of market movement once it hit the exchange.

[ryo.official]

If you want to disrupt the banking system, I believe you need to disclose your team members.

We intentionally chose not to disclose team members or to engage in 'team marketing' common in many projects as we want Rya to be a community which is focused on the tech. This ties into the decision not to launch an ICO.

And a 7-page whitepaper is not enough to discuss such ambition.

We are always excited to hear feedback on the economic motivation and reasoning in Rya - if you think there are details missing we would be happy to hear and address them. However our belief is that sometimes less is more, and a WP is meant to express an idea to as many people as possible in just the right ammount of detail.

60% that will be left for the team is a big number. If they will be dumping theirs, we'll never know that.

The vast majority of the 60% will be airdropped. There will be announcement about this PRIOR to launch, so no need to worry about bad intentions. A small portion will be reserved for continued development

[ryo.official]

Hi everyone,

We have successfully recorded the Rya snapshot at block 2110000 of the nxt blockchain. All participants will be able to claim their rya from the official rya wallet when the project launches. Stay tuned!

[ryo.official]

Rya launch date officially announced for Christmas, the 25th of the December 2018!

[lilaj4de]

What would be Jelurida Public License? Who has NXT coins up to block 2110000 will receive the same amount of Rya in your wallet?

[ryo.official]

What would be Jelurida Public License? Who has NXT coins up to block 2110000 will receive the same amount of Rya in your wallet?

Anyone that owned Nxt at block height 2110000 will receive Rya, no need to have held for multiple blocks. The project is published under a modified version of the JPL with full acknowledgment from Jelurida/Nxt community.

[rheyank]

all great at time Nice idea this kind of airdrop and to force people to inform about your ICO before investing.
where is the airdrop link? i interest to join.