|White paper||Ryu Coin Whitepaper|
|Developer(s)||Ryu Blockchain Technologies|
The platform is comprised of the Ryu Vault Smart Contract, an API service for video game developers, 2FA (two factor authentication) app for gamers and the titular NEP-5 token Ryu Coin.
Ryu Coin was founded by Ross Krasner, Wyatt Mufson and Noah Lisser in November of 2017. It is owned and operated by their company Ryu Blockchain Technologies. Initial development began on Ethereum but ultimately changed to NEO due to its performance and cost benefits.
Ryu Vault Smart Contract
The Ryu Vault Smart Contract governs all matches in the Ryu system. Users can deposit/withdraw funds to the contract at any time (given the funds are not in the process of being wagered). No third party has control of another wallet's Ryu Coin. The contract also supports a developer whitelist to ensure only pre-approved developers are operating on the Ryu system, for both quality assurance and legal regulations.
Dispute Handling Mechanism
Ryu Vault includes a semi-decentralized dispute handling mechanism which is built off the SchellingCoin mechanism. It will allow for the system to self-regulate data reporting and attempts at cheating. This will involve having various parties stake Ryu Coin in order to become arbitrators. This way, people with a significant stake in the success of the system will ensure that fraudulent parties will not be able to act freely. Arbitrators investigate any issues and vote to resolve them. The system is outlined on pages 16 to 20 in the Ryu Coin whitepaper.
Home Base App
The Ryu Home Base App is a 2FA app for video game users to interact with the Ryu Vault Smart Contract. It allows for users to create a wallet, register a username, deposit/withdraw Ryu Coin to/from the Ryu Vault Smart Contract, check their wallet balance of Ryu Coin, check their balance in Ryu Vault, approve/reject requested matches, see previous/current/requested and interact with the dispute handling system.
Ryu Coin NEP-5 Token
The NEP-5 token contract, Ryu Coin, is the utility token for the system. All entry fees must be paid in Ryu Coin and all prizes are awarded in Ryu Coin.
Team and Advisors
The team is currently comprised of the three cofounders:
- Ross Krasner, CEO
- Wyatt Mufson, CTO
- Noah Lisser, VP of Partner Relations
The advising team is made up of experienced business professionals with a diverse background:
- Asaf Meir, CEO at Solidus Labs
- Shimon Mazor, VP of Product at Solidus Labs
- Nick Fujita, CoZ Contributor
- Paul Hsu, Investor & Growth Entrepreneur
- Tom Plunkett, Author and Patent Attorney
- Tony Wilkins, Mentor at the Junto Institute
3rd Party Developer Partners
As of September 23rd 2018, Ryu Coin has announced partnerships with four video game developers.
In addition to Ryu Coin's developer partners, the system is going to be implemented into in-house developed games such as:
- Slime Soccer
- Slime Basketball
- Slime Football
- One Slime (Slime Volleyball)
- Slime Blitz
- Slime Zone