Preview of ARYZE’s MAMA dashboard and changes to the financial structure

Share this post

Architecture built, alpha being tested, mobile app working and agreement with PwC and IBM has been defined

ARYZE is happy to announce that our first alpha has been developed, and the entire team is happily testing the various aspects of MAMA internally, while our developers are strengthening the backbone of the system. ARYZE Ambassadors and community members will shortly be able to gain access to MAMA and start playing around with the alpha.

This places us where we need to be according to our roadmap and we expect to announce the first of our partnerships soon. Building on a scalable solution, like the ones offered by IBM, we are able to scale globally, and into multiple currencies rapidly. Technical documents explaining our elements of the technology stack, MAMA ecosystem, scaling strategy and other details, can be requested by investors, and we will as always conduct live AMA sessions as well as physical meetups.

PwC will provide operational, technical, legal and regulatory best practice services, as required, in order to assist ARYZE in preparing the Digital Cash solution. The intended goal is to have a business that can be independently audited to demonstrate ongoing commitments to best practice policies to deliver a trustworthy environment for global scalability.

Trust is paramount when it comes to handling financial assets on behalf of clients. Beyond regulatory requirements, fundamentally building trust into our services through best practices and third-party verification is key to achieving this. Together with PwC, we are taking a big step forward towards this goal.

ARYZE has also entered a working relationship with IBM giving us access to talent, assets, scalable hosting as well as various existing Banking SaaS services. Choosing a law firm also meant going for the top with DLA Piper, who are now our preferred company law firm. Furthermore we are close to a partial acquisition, bringing us close to the US banking infrastructure we need.

We are changing the financing structure of ARYZE

Operating in a new environment like the STO scene, one must be able to react quickly to changes and adjust accordingly. Therefore, we have now implemented elements to our funding, which includes an equity element that we did not offer before.

Rather than only selling RYZE tokens, as described in our Whitepaper 1.0 and the associated documents, we are now changing our financing structure to a more traditional equity funding structure with a regulated token element attached – a hybrid equity/token model.

The new hybrid equity/token model will appeal to more traditional professional investors and corporate partners currently unable to participate because there is no equity element attached to the financing in traditional crypto investments.
This also means that we can raise funds gradually rather than being bound by having to raise an entire fixed amount in one initial offering. We still expect the offering to be of a sustainable size, however not as initially expected $29 million.

The listing of RYZE on STO exchanges will be moved forward, likely six months, or until the ecosystem has matured enough to offer decent marketplaces with enough liquidity for traders and investors. Being a responsible company, we will oblige with commitments given in the initial token sale, as well as the buy-back and burn mechanisms encoded in the RYZE tokenomics.

Existing token holders will naturally be included in any new financing structures, because without the commitment from our early investors, we wouldn’t be where we are today. RYZE holders will receive more details shortly.

More To Explore

Membership

Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.

Welcome

Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?