[PRE-ANN] RAY - The Worlds First Project of Privacy and DApps

[RayCurrencyTeam]

I would like to go with 100 USD for 6000 ray how would it be possible, how will I receive the ray ?

Hi yam1231, our distribution method is to have the RAY sent to an address of your choosing once our platform is fully launched! This is intended for early contributors to help development and take an early stake in RAY.

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[killerkeemstar]

How would data transfer be possible if there aren't fees? I'm trying to understand this on a technical perspective

[RayCurrencyTeam]

How would data transfer be possible if there aren't fees? I'm trying to understand this on a technical perspective

The data-transfer is possible due to the individual ledgers being updated and verifying tx data through the independent distributed ledgers which each account has that is linked.

Essentially, this is doable as the data that is required to be synchronized and the data that is updated with each transaction is efficient and does not burden the nodes.

[RayCurrencyTeam]

How long is this sale 50 USD - 3000 RAY ? 100 USD - 6000 RAY

The rate is the same and the donations will be open until we've reached our funding cap or until our nodes are live. If there are non-reserved Ray, the excess will simply be burned.

[RayCurrencyTeam]

Would you mind having a public donations list? Makes it easier to view so others can audit.

We've added a donations list at the bottom of our original post.

[RayCurrencyTeam]

Hi everyone, while we're currently working on our tests to release Ray soon, we've decided to release a preliminary whitepaper to explain the function of our currency! https://www.docdroid.net/NdhrA5u/newwp-copy-pdf

[Alfredbolk]

I really liked your project.I would like to know more about your project.Do you have whitepaper?

[Bushadamfus]

PLEASE READ OUR TLDR AT THE BOTTOM!

TLDR:

We've had some questions in our PM's about various functionalities and feel that this should help explain our purpose.

Is RAY Fee-less?

Yes RAY is going to be fee-less, as well as have private transactions.

Will balances be viewable?

No, account balances will be private similar to Monero

What makes this different from Monero?

This is planned to expand on what Monero provides by allowing data to be transferred within smart contracts similar to how Etheruem has many use cases outside of a currency transaction.

We hope to truly change the standard for Crypto capabilities.

Our Donation Addresses for Early Ray (Please PM us beforehand so we can confirm the sending address) -
BTC - bc1qdd2q786tf8lx8escp44qrhz9pur2h59u5qdgrp
ETH - 0xb0E052d37E2a78841700AEdA8590060C737bD0b8
NANO - nano_3cf4htbru1t5s7amdgpb3hkrek7ct18fjpypbfpg6yseo7bdgczknfmuja3z

Donation List - https://pastebin.com/pYXTDZHs

Whitepaper - https://www.docdroid.net/NdhrA5u/newwp-copy-pdf

How can I donate?

[RayCurrencyTeam]

How can I donate?

Hi Bushadamfus! Simply PM us the wallet and currency you're sending from to donate and be added to the list.

[Commadante2]

your project has good potentials.I want to be part of your project.Can I donate litecoin?

[killerkeemstar]

The whitepaper looks like a great start! Looking forward to more developments, this will be better than any currency when it comes out

[NEWICO INVESTOR]

What is the website link of your project? I couldn't find any. Do you have a date for pre-sale?

[lucas18]

I liked the fact that transaction fees are free for all. Today in the market we faced this problem very often particularly when it comes to bitcoin.

[RayCurrencyTeam]

What is the website link of your project? I couldn't find any. Do you have a date for pre-sale?

Hi there! This is our current platform for the project, although we plan on releasing our own site eventually.

As for pre-sale, it's currently open! Any donations, though certainly not required, are greatly appreciated and will be appropriately given Ray when the nodes are open!

[RayCurrencyTeam]

I liked the fact that transaction fees are free for all. Today in the market we faced this problem very often particularly when it comes to bitcoin.

Thank you, I appreciate the kind words! We're very happy that we're able to be fee-less as bitcoin and other currencies have gotten out of hand with this problem.

[Altcoin Reviewer]

I clicked the donation list link and it says 403 error. I think op should check the link.

[RayCurrencyTeam]

I clicked the donation list link and it says 403 error. I think op should check the link.

Hi there, we've fixed that. Thank you for pointing that out!

[kinchit]

Any date decided to release RAY currency? We know it's still in development.

[NEWICO INVESTOR]

What will be the total RAY? I mean the max supply.

[khudro]

What will be the total RAY? I mean the max supply.

From the whitepaper, the total RAY will be 33,554,432. Though we may have to wait for the confirmation.