RoadMap

• Initial launch
• Deposits 2.0
• GUI wallet 0.2.0
• Cloud wallet

Initial launch (Completed)
We launched both the command line (simple wallet) and GUI wallets on July 14th, we have binaries for all 3 operating systems. This has have the linear interest rate formula still from XDN, until Deposits 2.0 However we did add sorting to the table (something missing from XDN) which defaults to the soonest to unlock at the top of the list on down. With Royalties having a year interest rate of 15% and a min. deposit term of ~1 month (22,000 blocks) the rates will look like this.

Months    Interest Rate
  1             1.25%
  2             2.50%
  3             3.75%
  4             5.00%
  5             6.25%
  6             7.50%
  7             8.75%
  8            10.00%
  9            11.25%
 10            12.50%
 11            13.75%
 12            15.00%


Deposits 2.0
This is where we will put the ICO funds to good use and things get exciting for deposits. Three main things will be added/changed in Deposits 2.0, we will be adding compounded interest, sending address and 2 week payouts. So first interest will be compounded 2 times per month (except for a 1 month term) and we will also be extending the max term past 1 year, it will then be 5yr max. Second we will be adding a "send field" to the deposits tab, this will allow users to send others a term deposit. The final addition in Deposits 2.0 will be 2 week payouts, what this means is that your interest will be paid to you in evenly 2 week payout intervals. The principle, however remains locked until the last 2 week payout. So take 2 months with a 1,000 XRY deposit, lets say you earn 10 XRY interest. How that works is you will get 4 payouts, 2 weeks apart, the first 3 will be 2.5 XRY and the last will be 1002.5 XRY. This will all be handled on the blockchain in your own wallet.
Here is the purposed interest rates for Deposits 2.0 (mind you this is compounded interest 2 times per month)

 

GUI wallet 0.2.0
Plans for this are still very preliminary, we just know the current look of the XDN GUI wallet needs a big style upgrade.

Cloud wallet
This will be just as you would think, its a web/app interface that allows you access to a Royalties wallet. You will be able to make a deposit with the CloudWallet, however the private key will be held by your account on the CloudWallet. This will allow for you to sell a term deposit before its term has ended as well as recover your account (in a secure way of course) if you should ever happen to lose your passphrase. You will also have the option to remove your deposits off the CloudWallet and assume 100% ownership and accountability, this will be done by handing the private key over to you. We have bought CloudWallet.co and plan to use it for the Royalties CloudWallet.

PM me your wallet address and I can send you 2 XRY to try deposits

It keeps changing.. I would keep at it if you have a GPU that you can mined with.. price is still $1/XRY and looks to have good buy support...

This actually looks quite interesting.

A few questions as this is not really all that clear to me:

1. When do you estimate the total supply to be reached? You mention you will produce around 8K coins per day in the second year and that this will continue until the total supply has been reached. Which is 18 trillion coins!
2. What do you mean that the Rp block reward increases by 10x each year? And how are Royalty Points different from Royalties, if at all?
3. Can you explain the decimal breakdown as that is not quite clear to me either.

Best Regards,

Total coins -
Block reward 100? in pool 0.1
Where correct, correct.

its interesting seeing that numbers so if you have a good mining rig this coin really profitable as of this moment better to check it up
and its seems that its been supported by some people around cryptopia really attract my interest will check this out dev and let see
if i can make soem investment with it. good luck

Yes we are working on a bounty program...

As a monero - 18 million, I understood correctly?

Not sure what your asking but this may help

100,000,000.000000000000000000 - Ethereum 18 decimals
18,446,744.073709551616      - Monero  12 decimals
184,467,440,737.09551616     - Bytecoin  8 decimals
18,446,744,073,709.551616    - Royalties  6 decimals
100,000,000,000.000000         - Ripple      6 decimals
21,000,000.00000000             - Bitcoin      8 decimals


Ever time you get 1 Bitcoin your really getting 100000000 units the code just knows to put the decimal in the 8 place.. every time you get 1 Monero you get 10000000000000 units code puts it in the 12th place.. 1 ether is 1000000000000000000 units code puts it in 18th place.. and in Royalties its 1000000 code puts it in 6th place.. its all about Units and Decimal place that is coded