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Author Topic: [ANN] ALYATTES - First Deflationary Token with PoS & PoA Mining  (Read 82 times)
alyattesofficial
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January 14, 2022, 07:40:03 AM
Last edit: January 14, 2022, 08:06:07 AM by alyattesofficial
 #1

SUMMARISED EXPLANATION OF ALYATTES PROJECT  
written at 13.01.2022

1.   WHAT IS ALYATTES?

The Alyattes project has been created as a solution-oriented Token for existing problems of the cryptocurrencies entire sectors. Alyattes Project is a unified project consisting of different platforms and has been built on 6 major platforms in total. Therefore, it would not be right to evaluate this project by only considering one platform because all these platforms constitute the Alyattes project in a structure that supports each other in this context.

2.   WHAT IS ALYA TOKEN?

ALYA Token has been designed for the ecosystem of the ALYATTES project to make transactions between its platforms easier and faster and also to increase functionality and measurability. ALYA Token has been built as Heart of entire ALYATTES Project.

3.   WHAT IS UNIQUE IN ALYA TOKEN?  

•   First Deflationary Token with Mining
•   First Deflationary Token with such a low Max Total Supply
•   First Token in entire Crypto Market which combined PoS & PoA Concensus in that way
•   First Mineable Token with 100% decentralised Reward Algorthym
•   First Token with REVERSE Halving to keep Mining profitable

4.   PROBLEMS & SOLUTIONS

PROBLEM #1:
The main problem that has been realised by the ALYA Team in cryptomarket was Token Inflation and hardness of keeping Supply & Demand Balance.  
SOLUTION #1:
Due to 2% Burning Taxation on each Transfer, Supply of ALYA is going to be decreased constantly to keep Balance on Supply & Demand.

PROBLEM #2:
Long Term Holders are only realising profits according to Price.
SOLUTION #2:
Additional to price, Alya Holders holding Amounts in their wallets increase automatically due to 2% Holders Bonus Taxation on each Transfer (Buy or SELL) which happens instant, completely decentralised and fully automated.

PROBLEM #3:
There are still CHILDREN on our Planet who are in need of basic medical asisstance, education, urgent necessary medical operations and even clean drink water. We see this as a disgrace to humanity.
SOLUTION #3:
We establish a Foundation called ALYA Care and provide sustainable long term financial support with 1% Taxation on each ALYA Transfer. ALYA Care will do his part for this kind of World Children. We know, todays children are tomorrows leaders.

PROBLEM #4:
Actual high reputated mining concensus of Crypto like „Proof of Work“ requires heavy financial investments from Miners and cause to our World very high energy usage.
SOLUTION #4:
ALYA mixed two known concensus first time in crypto market together : Proof of Stake & Proof of Active and with this unique mining concensus, we are proudly able to provide everyone on the world easiest GREEN crypto mining oppurtunity.

PROBLEM #5:
Technical complexity and diffuculty at integration of crypto into e-commerce. Companies needs to create for their every single user 1 unique Crypto Wallet and must pay 2 time Fee’s (From User Wallet to Main Wallet and from Main Wallet to Users Wallet). Of course Maintenance and Controlling of millions of wallets in 1 company cause additional manpower and additional costs.
SOLUTION #5:
Due to ALYA’s unique unlimited alphanumerical memo transfers, in such cases, companies needs only 1 wallet (Main Wallet) and are able to check who is depositing into this wallet automatically via BSCScan. Much more Usecases for ALYA Memo Feature like a Social Media Messaging via Blockchain (can not be censored) is possible.

5.   TOKEN ECONOMICS
 
TOTAL MAX SUPPLY : 205.000.000

We publish here as a proof of 100% transparency, our Wallet adresses that every single user can track our coin transfers, swaps, etc.

Quote
AIRDROP    0x825ff980780801719e560DE290814E98117c01CF
DEVELOPER TEAM   0x58dEDa0EbC7255C3997113eDB1162a53A1865f72
R&D   0xAeCc1891De99B99D2d9d3204B5666bd3e15E0fEA
MARKETING   0x077Be08c114d10128DC5721F342eF38471479cA4
ALYA CARE   0x7fEc4Ea343A1E948604772e4f42609bD74B5eD87
OTHERS   0xbF36E153aB00A6a7c5db38639859067472105bbD
BURN   0xe72D0e0E851252A4b374eBa4C759Eef7e55390c6

6.   TEAM WALLETS VESTING PLAN

All Team Wallets are considered with max necessary Amount for entire Project but  if released Amount for each Wallets are not scheduled to use in their foreseen Usecases for next months, they are going to be locked again after the last release date.

To check scheduled Vesting Plan, please follow Link @ Github :

https://github.com/Alyattes/ALYA/blob/main/vestingplan.pdf
   
7.   ALYA MINING CONCENSUS & ALGORTHYM

ALYA Mining has been created by combining two different concensus (Proof of Stake & Proof of Active) and everyone in the world can start his own mining.  

ALYA Mining is connected to an unique algorithm which is completely decentralized and has been integrated into the ALYA in the form of a Smart Contract.

ALYA’s Smart Contract constantly monitors the created blocks in the BSC Network and converts the HashCode of each block from HEX to DEX value. The 18-character number from this convertion is divided by the specified mode (29743) and the remainder is 1, Lucky ALYA Block is found. A signal is sent to the miners to prove their activity and Smart Contract automatically allocates the amount of ALYA specified in the Contract Reward Plan to the miners who prove their activity with respect to total staking amount until 150 more Blocks are found. All these processes take an average of 8-10 minutes.

ALYA Smart Contract has been checked and verified by CERTIK.
( https://www.certik.com/projects/alyattes )


8.   REWARD PLAN & REVERSE HALVING
 
The amount of reward to be distributed in each block is fixed but amount of reward miners receive may increase or decrease depending on Own Stake / Total Staking rate.
We are aware that with time many investors are going to join ALYA Mining and increase Total Staking Rate with their Stakes and that will cause less Rewards for Miners. To keep ALYA Mining still profitable in next Periods too, we have implemented (first time in Crypto) REVERSE Halving.

Normally, when Halving happens, Miners can produce 50% less Rewards on each Block like in Bitcoin’s Halvings – Rewards decrease from 128 to 64 / 32 / 16 / 8 etc. But in ALYA Mining Halving leverages the profits of existing Miners with 300 Block Periods and increase the Rewards from former Period to next.
ALYA Mining Software is avaible on www.alyattes.io

9.   ALYA PLATFORMS
 
Quote
ALYA CARE is a platform which aims to provide aid for children all over of the world and touch their lives. The funding for this project is compensated by the ecosystem tokens.
   

Quote
ALYA Finance is the name of the general project consisting of several platforms where all financial operations of the ALYATTES project will be carried out and managed.

Quote
ALYA Swap is a planned as a DEX with Automated Market Maker (AMM) and allows users instant token exchange via their decentralised Wallets.   

Quote
ALYA EX is built on the main working principals of the known centralised crypto exchanges which will include its own services and will be available to all ALYA users.

Quote
ALYA Fun is the entertainment platform for Alyattes which starts with small games. The list of games will be extended further with Scratch card, weekly Lotto and Online Casino after concluding the legal processes and obtaining the necessary permissions.

Quote
ALYA AI TRADING is a platform supported by a special team within the ALYA Project to provide Trading Signals to all ALYA users. Upon a successful launching, a stronger structure will be created by supporting ALYA-AI mobile version and ALYA-AI Bot (Algorithym Trade) Services.
   
 
10.   FINAL STATEMENT

For more detailed Information, we advice kindly to check our Whitepaper @ www.alyattes.io .
We are 100% sure, you are going to find what you are looking for it.  

11.   SOCIAL MEDIA & CONTACT

TELEGRAM : https://t.me/alyattesofficial
FACEBOOK : https://www.facebook.com/AlyattesOfficial
TWITTER : https://twitter.com/Alyattes_ALYA
INSTAGRAM : https://www.instagram.com/alyattesofficial
GITHUB : https://github.com/Alyattes
MEDIUM : https://medium.com/@alyattesofficial


We can’t foresee the future, but we are glad to try to provide a better future to everyone.
Alyattes Team


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