INTRODUCTION

Who are you?

I am Jack Nikogosian also called ‘Bitcoin Jack’.

What is your role on ARYZE?

I am the co-founder and CEO of ARYZE.

PROJECT BASICS

How was ARYZE created?

ARYZE was created from a lust to see a working product.

Before ARYZE I was working at Coinify for some years, mostly as a marketing manager but also in other functions.

That led to me working as head of innovation in a crypto/blockchain lab, that was free to dream up and discuss project ideas.

This gave me a lot of contact with businesses and government entities, and we were developing a lot of interesting ideas and solutions, but weren’t really following through with the finished products further than proof of concepts, which was annoying me increasingly.

At this point of time I was also going to a lot of fintech conferences and meet-ups in the crypto/blockchain and fintech environment, and at some of these I bumped into the CFO of ARYZE Morten Nielsen. Morten has a background at JP Morgan and UBS, and we started discussing how cryptocurrencies could improve the monetary system, and found that we had some similar views about the strengths and weaknesses of crypto & the current monetary system — especially focusing on the problem with price volatility.

After a while I then started ARYZE last summer together with co-founder Carl Jenster, and Morten was the first one we hired as CFO.

What are ARYZE’s key features?

What we basically want to do is make an e-wallet or digital payment option for global use.

You will be able to exchange all currencies with each other for a small fee, and send them to others without fees — you will even be able to exchange loyalty points from different companies with each other through our platform.

Users will furthermore get a payment card.

Private companies like e.g. Airbnb will be able to create an extension through our app, that can host their payment traffic.

This will enable you to receive your wages, pay your fines, pay for goods and services all through our app (working name is ‘MAMA’ = ‘Multi Asset Modular App’).

Another one af ARYZE’s key features, is that it is not backed by a bank but by government bonds and bills, why value is actually secured by a federal bank — even if Denmark goes bankrupt, the federal bank still ensures the value.

Furthermore our solvency will always be good, as assets will always be backed at least 70–80% by federal bonds or bills.

It is also important to say, that our money is actual and smart money, since it is a digital IOU of real value — not like in the bank where it is dumb money and just an IOU of no real value.

We are therefore indirectly actually moving real value when we make transactions, through the use of eDKK, that is a digital version of the national danish currency DKK. We will also make an eDollar, eEuro and later on an eVersion of all major currencies out there.

We move money through open source and blockchain technologies, why we can bypass the current problematic fiat banking system.

Token-wise we will have a constant 50% burn mechanism from all our revenue streams of the token, why the $RYZE token will always increase in value if ARYZE should have succes — if we make money, the owners of $RYZE make money (from the increased value of the $RYZE token).

Why do people need Aryze?

Because it is a better, faster and more cheap version of the current monetary payment and transfer solutions.