CAPITALB AMA Recapitulation - ARYA COIN

Introduction

Aryacoin combines the power of DAO, Web3, and DeFi to create a truly decentralized and transparent ecosystem. Through its decentralized autonomous organization (DAO), Aryacoin empowers its community members to actively participate in decision-making processes, ensuring a democratic and inclusive governance structure.

Q1) Kindly Give the community an overview about AryaCoin?

Rack (CTO of Aryacoin):
Aryacoin is a new age cryptocurrency that was created to empower and educate its users about using digital currencies.

At Aryacoin we like endorse the values on which the orignal crypto Bitcoin was based on which was that everyone should have access to technology and platforms which empower them along with distributed control to the users.

The project initially launched in 2018, and through the years we have developed multiple different platforms for users like AYAPay , Afraswap , XerXes , Aryanet, and more.

Q2) Could You Give us Some info On The $AYA Token?

Rack (CTO of Aryacoin):
yes, we have been here for along time and this gives our users a level of trust that we are with the project and users for the long run!

Aryacoin was initially launched with its own Blockchain based on the Scrypt algorithm which is still operated and traded on exchanges like Coinex. While having our own blockchain gives us ability to innovate it still adds a barrier of entry for some users. Due to this we decided to go multichain and have the AYA token on BSC. This allows users who are already using BSC and ETH to easily use Aryacoin and platforms to easily integrate Aryacoin.

While the legacy blockchain is still being developed on and running strong. AYA token allows us to grow the ecosystem to users who prefer EVM based chains like Binance Smart chain and Ethereum. We are also revamping all of our platforms to intergrate and work efficiently with the token to give the token a more defined utility and purpose.

Q3) Do you believe in the principles of Web3 and decentralization in Aryacoin? If so, could you please share some of the activities or initiatives that demonstrate your commitment to these concepts?

Rack (CTO of Aryacoin):
Yes, the project is based on the values of decentralization and Web3 allows us to provide platforms directly to users which can be tracked on blockchains directly by users thus increasing trust in the community.

We have developed platforms like Afraswap, which is a decentralized exchange like others but with a twist. Unlike other decentralized exchanges which just work to push their platform liquidity and exchanges on their platform to gather fees, Afraswap does the opposite , Afraswap has a inbuilt aggregator which queries other different exchanges like pancakeswap and more, to provide the best possible liquidity and prices to the users.

This platform especially highlights our commitment to the users and decentralization, this approach always guarantees that the user's interests are kept on the top. This even increases security for the users, so rather than going on different exchanges they can simply use one to always get the best prices and offers.

We have more things under beta testing like decentralized collaterlized loans based on AYA token and more , to provide each type of user to participate and make the platform as decentralized as possible!

Q4) What do you have planned for the roadmap?

Rack (CTO of Aryacoin):
Currently we have 2 main projects we are concentrating on finalizing and launching in the next months and fine tuning. Both of these are in beta testing with limited number of users.

First is Aryanet, Aryanet is a completely decentralized network (and vpn like service) which provides users with a safe space to interact with decentralized applications. There are two main functions , one is to decentralize internet access , this acts like a VPN but instead of depending upon a single entity it allows users to offer their bandwitdh to other users and get paid in Aryacoin for the usage by other users.

Another thing that Aryanet does, is provide a private network for users to launch their own .aya websites , which will only be accessible throught the Aryanet, and allows a private and safe place for users to interact , launch websites and more.

Q5) What Are The Distinguished Advantages of AryaCoin Compared To other Similar Projects?

Aryacoin as we stated, keeps user’s security , utility and privacy on top rather than the team’s. This commitment as stated is reflected in our platforms like Aryanet and Afraswap. While other projects concentrate more on short term growth and monetary gains we prefer being in it for the long run. That is why we are still going on since 2018, and still launching and inventing new platforms continously to provide and educate users with the best DeFI has to offer.

Q6) What all more features can we expect to be introduced in AryaCoin Project in coming months

Rack (CTO of Aryacoin):
Few of the main features coming soon are Aryanet, Decentralized Collateralized Loans based on AYA , improvements and new staking programs on Afraswap along with that we are revamping alot of our platforms like AYAPay (Payment Gateway service to accept payments in AYA and other currencies like USDT . BTC and more for merchants and users) , XerXes wallet ( a fully functional multichain non custodial wallet which allows users to store , send and receive different cryptocurrencies) , we even have more things planned.

While many projects usually provide one of these platforms to users , we believe in variety to provide each type of user something they can use and interact with.

Questions From Twitter

Q1) From X - @SwalihKaka

Can you explain to us about utility & use cases of $AYA token in your ecosystem? What benefits that you offer to investors for holding Your token in the long term?

Rack (CTO of Aryacoin):
Let me explain two of the excitiing utilites coming directly to $AYA. One is the Aryanet as I explained previously. Aryanet's main currency through which the service users will pay to access is $AYA , this fees for network usage will directly go to the users who provide their bandwithdth to the network , thus making $AYA an integral part of Aryanet.

Along with this, we are currently running beta testing for $AYA based collaterlized loans , which allow users to use AYA to receive loans in currencies like BUSD and more.

Each of our platform is made around AYA to make sure to provide a utlity to users.

Q2) From X - @Fedrick_000

What's your take on partnership and Also tell the plans to raise awareness about your product?

Rack (CTO of Aryacoin):
Partnerships nowadays are really important , they provide exposure to users who might not be aware of a platform or currency like us. Currently the most important partnership we are conducting is with the MEXC exchange, MEXC is a leading exchange which has a large committed user base. To even incentivize users of participating in the platforms, we are doing multiple giveaways with MEXC for users. We inivite users from the community to participate in those and spread more awareness about Aryacoin.

We are in future also working on different partnerships which we cannot discuss at this point, but what I can say is there are exciting time ahead for Aryacoin users!

Q3) From X - @Lookman_701

So many projects just like to speak about the "long term vision and mission" but what are your short terms objectives? What are you focusing right now?I am interested to invest in Your project. Where & When can I buy Your Tokens? Is it already listed exchanges?

Our current short term goal is to spread awareness to as many users as possible in as short time as possible. Along with the two platforms mentioned (Aryanet and Collaterized Loan platform) , these will allow us to retain users and give a strong value to Aryacoin as an investment. Our legacy chain is currently listed on Coinex, and the Aryacoin Token on BSC is currently being listed on MEXC in the next few days, users can currently participate in giveaways being conducted on MEXC to recieve some free Aryacoin before it is listed and they can buy even more once its listed on 29th!

Q4) From X - @AyshuMMa

Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?

Rack (CTO of Aryacoin):
One of the main features/values which makes us better than competitors is our commitment to users , the community is always on top. Due to this we are also working on completely transitioning to DAO, so that each decision taken is by the users and for the users!

As for competitive adavantage, we believe that rather than having 1 platform which defines the project, we prefer to have multiple, so this gives each type of user, either causal or pro crypto enthusiast something to interact with.

Q5) From X - @x_suhair

I heard about Aryanet provides users access to the open internet and VPN
service,How it works in blockchain and what is the usecase of it?Kindly give a brief about it !

Rack (CTO of Aryacoin):
The simple explanation for Aryanet is that there would be two types of users in the platform. One who want and have the capacity to provide bandwitdth and storage to the network. Others would be the users who will take advantage of these services.

Anyone can become a node , the more nodes there are the stronger the network would be and better service users will be able to get. The nodes will receive payments from the users using the services. The blockchain facilitates the whole process, as blockchain is a public ledger it allows to keep record , send and receive payments, along with storing data , all of which are core components of Aryanet. Especially the .aya websites, these will be entirely stored on the blockchain to make the process as decentralized and open as possible!

The main usecase for users is freedom, we believe Aryanet will allow users to access web3 freely and securely!

Questions From Community

Q1) Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? Can you share it with us?

We are working on getting tutorials up and running for each of our platforms, we expect to have them up along with written guides for each feature of the platform! This allows users to seamlessly use the platform. We will also have dedicated support for each platform to help the users further!

Q2) At present, Overall market conditions are so rough, how your revenue model works? And what issues you’re solving in Crypto industry?What are your plans for 2023 and what is the goal of this project?

This is a great question. We have a complex revenue model, with most of the revenue directly going back to the users. We believe users are the most integral part of any project thus they should be the ones getting a big piece of any revenue generated. Most of our existing projects almost 100% of the revenue is given back to the users. Even in all future projects we target this, we can do this as we are currently in talks with multiple VC funds which believe in Aryacoin and are willing to provide the capital to sustain the project for the long run.

Q3) Is there a KYC requirement for the transactions we will make on the #Aryacoin Platform? What documents are required for KYC, if any? Finally, what are the transactions we can do without KYC?

Most of the platforms which are being beta tested and being launched soon, and even most of the ones which exist in Aryacoin, are completely decentralized or as decentralized as possible. This allows users to use them as without any KYC requirements, just like platforms on uniswap etc. Decentralization and Web3 allows us to do this currently. But some of the platforms which will offchain components might require some KYC as we respect the laws wherever we operate due that we initially try keeping things as decentralized as possible so we dont reach the threshold to request KYC from users.

Q4) How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?

We have a team of over 15 team members, the core team have a minimum experience of 5+ years. All the team members have previously worked on different cryptocurrency projects so we believe our team is very competent and experienced. Personally I have been working in the field since 2015.

Q5) How can we trust your project and we believe you are not a scam project? Are there so many rage-pulling and exit scams happening these days?

You can be sure of it that we are not like those other projects, we have been with the community and the project since 2018 and we are not looking to stop any time soon, if we were to do an exit scam we wouldve been gone already long time ago. We have been committed to the project and we will be committed to the project for long term, our mindset for the project is to be in the Top 10 most valuable Cryptocurrencies in the future and it would take time and we are devoted for it!

For More information visit!

Website : http://aryacoin.io/

AMA RECAP BY CAPITALB TEAM