
GRAYLL utility tokens will form an integral part of how the system functions and scales. The value of the GRAYLL utility tokens will increase in relation to the demand for it. The tokens will be created on the Stellar Consensus Protocol and will have the following functions:
1.Transfer to and from the GRAYLL App Wallet
2.Store in the GRAYLL App Wallet
3.Transfer from User App Wallet to Algorithmic Services to Open GRAYLL Algorithmic Position(s) [3xMagi or Arkady]
4.Close Algorithmic Position(s) to automatically Transfer from Algorithmic Service to App Wallet
5.Traded by GRAYLL System to create opportunities
How will GRAYLL utility tokens increase in value?
GRAYLL has one utility token within the System; it will increase in value as the demand for the token grows from increases in the use of the Algorithmic Services and the more exposure from marketing, digital advertising and business development activities.
The ROI users attain from the performance of the algorithmic services, the App’s user friendliness and the level of client support will also be key drivers in the demand for the GRAYLL utility token.
During the IEO period, 5 billion GRAYLL tokens will be offered for sale, the tokens will be available on at least one digital asset exchange for holders to sell and new or existing users to purchase any available supply .
The utility tokens are required to use the Algorithmic Services, the system uses the tokens to create positions.
There will be an Initial Circulating Supply of 12.5 bn GRAYLL tokens with a base value of $0.01; 5 billion tokens will be offered in the IEO; 2.5 billion tokens will be held by GRAYLL Operations; 2.5 billion tokens will be used for user acquisition & partners of GRAYLL; 2.5 billion tokens will be allocated for algorithmic system. Unsold tokens will be used in the algorithmic system.
We will be actively working on holding multiple digital assets in the GRAYLL wallet, like Bitcoin and Ethereum, for direct exchange to the GRAYLL token as well as fast multi-hop payments from and to USD or other fiat currencies, this will likely require a partnership with a regulated exchange.
