ARYZE

Division:Europe

Field:Other

Project Evaluation:0 Financing Amount:Secret Cede Share:Secret

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Project description

1 Description

ARYZE is building a new financial ecosystem that will fundamentally improve the way people and businesses transfer and store money.

Say hello to Digital Cash that knows no borders, no expensive intermediaries and can be used by everyone everywhere.

ARYZE issues fiat backed stable coins, cryptocurrencies that are backed by and pegged to traditional money. ARYZE stable-coins will bridge the gap that today exists between conventional fiat currencies, and it’s associated infrastructure, with the crypto asset world – the fuel of blockchain technology, and creates a digital ecosystem for instant global payments with very close to zero transaction cost. Once fully developed, the business of ARYZE is instantly globally scalable.

2 Innovation

Stable coins are digital currencies that leverage the benefits of the blockchain technology without the volatility of cryptocurrencies. The stable coins are linked to the value of the underlying currencies such as USD, DKK or ZAR. Denmark is an excellent place from which to launch a universe of stable coins, due to our globally acknowledged political environment, uncorrupted government as well as a high level of digitalization of the society. ARYZE collateralize the stable coins with at least 75% government risk by placing our funds in short-term government bonds and bills to provide clients with the best possible implied credit risk.

Stable-coins are programmable money, and ARYZE stable-coins are fully backed and redeemable by the underlying asset it represents. Money is dumb, and ARYZE stable-coins are making analog money digital or said differently, we are making dumb money smarter.

3 Market & Risk

ARYZE’ primary product is The Mother Of All Payment Apps, MAMA - Multi- Asset Modular Application. At its core, MAMA is a multi-currency e-money application that lets users store, send, receive and exchange currencies in a familiar ecosystem.

Using MAMA, Individuals can make purchases in shops, complete peer to peer transactions to any other MAMA user and more, without any added transaction fees. Businesses and developers can create custom modules for MAMA to encourage loyalty from customers, such as giving loyalty points and timebased offers, to third-party companies offering FinTech, InsureTech or banking solutions to MAMA users.

4 Team & Operation

In 2017, tech met money and Jack Nikogosian and Morten Nielsen set out to innovate the way you pay. Together with co-founder Carl Jenster, they put together a diverse team that covers blockchain, finance, communication and design.

Within the first six months, we had won two awards – one providing us the opportunity to have a working space at the Copenhagen Fintech Lab, in the heart of Denmark’s capital. From then, our company has grown out of two different offices, hosted +35 community driven events, and successfully completed an ICO in Denmark, as the first company to do so on Danish soil.

Throughout it all, our values have always remained at the forefront. As a diversity driven company, we believe that bringing people together, no matter what industry, country or age­, hatches progressive solutions. For that reason, we embrace those who are forward thinkers to help us make a positive impact within our worldwide communities, partnerships, and employees.