ROYA

Royale FinanceROYA

Rank #1051
Token
On 2 watchlists

Royale Finance Price (ROYA)

$0.2235
7.27%

0.000006992 BTC

0.0001683 ETH

Low:$0.2047
High:$0.2366
24h
ROYA  Royale Finance ROYAPrice: $0.2235 7.27%
Market Cap
$2,238,598
7.27%
Fully Diluted Market Cap
$16,088,982
7.27%
Volume
24h
$1,556,876
10.93%
Circulating Supply
10,017,979 ROYA
14%
Max Supply
72,000,000

Royale Finance Chart

 

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About Royale Finance

Royale Finance price today is $0.223458 USD with a 24-hour trading volume of $1,556,876 USD. Royale Finance is down 7.27% in the last 24 hours. The current CoinMarketCap ranking is #1051, with a market cap of $2,238,598 USD. It has a circulating supply of 10,017,979 ROYA coins and a max. supply of 72,000,000 ROYA coins.

The top exchanges for trading in Royale Finance are currently Uniswap (V2), Bilaxy, Hotbit, 1inch Exchange, and Bithumb Global. You can find others listed on our crypto exchanges page.

What Is Royale Finance (ROYA)?

Royale Finance is a cross-chain liquidity and technology solution for iGaming startups which leverages decentralized finance (DeFi) capabilities.

It aims to combine DeFi with iGaming, essentially addressing security and trust loopholes in online gaming while making it easier for game developers to access liquidity.

After launching its proof-of-concept in Q2 2020, Royale Finance began full development of its new platform, built on Web 3.0, and moved to funding and the release of its in-house token, ROYA.

As of January 2021, Royale Finance is in the final stages of its multiphase token sale, and has just secured funding from several investors worth $1.45 million prior to the release of its V1 app.

Who Are the Founders of Royale Finance?

Royale Finance has some well-known gaming industry figures at the helm. Its CEO is Georgio Andrews, previously involved in building infrastructure for iGaming and blockchain industry entities. His background in fact lies in sports medicine and athletics, pivoting to cryptocurrency in 2016.

COO and co-founder Matt Armstrong comes from an engineering circle, swapping to cryptocurrency full time before collaborating with Andrews in 2017. He has been investing in cryptocurrency projects since 2016.

CSO Avron Goss meanwhile has a solid 25 years of online gaming experience, becoming increasingly involved in provably fair technology with the rise of blockchain. He has also branched out into other subdivisions of the blockchain realm, assisting in the product launch of a tokenized stock exchange.

What Makes Royale Finance Unique?

According to its founders, iGaming as an industry still faces a problem when it comes to trust despite the emergence of blockchain technology in recent years. Additionally, liquidity access for game developers is an issue which is ripe for disruption using DeFi, they argue.

As such, Royale Finance aims to bridge the gap between what DeFi and iGaming can offer, helping the industry’s image while opening up profit potential to investors.

DeFi is used for liquidity provision, and investors are incentivized to contribute funds and hold in-house token ROYA, thus helping projects using the Royale Finance platform.

The net effect is a near total reduction in centralized infrastructure, something which has plagued the acceptance and growth of online gaming in its infancy. Growth potential, Royale Finance notes, includes an iGaming industry value of $127 billion by 2027.

ROYA meanwhile also helps to generate income for the project, with a token sale seeing heavy oversubscription and a separate investment round raising almost $150 million.

Read more about Enjin Coin (ENJ) here.

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New to cryptocurrency? Find the answers to all your questions with Alexandria, CoinMarketCap’s dedicated education resource.

How Many Royale Finance (ROYA) Coins Are There in Circulation?

The in-house token of Royal Finance is ROYA. ROYA is a fixed cap ERC-20 token on Ethereum with a total supply of 72,000,000 tokens.

ROYA forms the basis by which the Royale Finance platform is funded and maintains liquidity.

A complex ecosystem will use the funds derived from the ROYA token sale, which itself has a maximum cap of $1,450,000. According to Royale Finance’s official documentation, liquidity provision will take 20% of initial funding, with team operations, the umbrella outfit Royale Foundation and expansion of partnerships and the project ecosystem each being awarded 15%.

Depending on the phase of the token sale, some allocations are subject to a vesting schedule.

For those staking ROYA, there are also various lockups involved, adherence to which increases the passive income derived from liquidity provision.

How Is the Royale Finance Network Secured?

Royale Finance uses delegated proof-of-stake (dPOS) as part of its security mechanism, while lockups aim to reduce the likelihood of mass liquidity drainage and other profiteering activities by investors.

As with any DeFi token, the risk of considerable initial volatility remains, and those looking to contribute liquidity should conduct thorough research into the associated risks, including the ultimate profitability from long-term staking.

Where Can You Buy Royale Finance (ROYA)?

As of January 2021, ROYA is still in its initial token sale stage, but has a small number of markets, with exchanges Bithumb and Bilaxy providing the lion’s share of trading volume.

Trading pairs are available against Bitcoin (BTC), Ether (ETH), stablecoins and more, with the number of trading venues set to increase in time.

Still a crypto newbie? Read our easy guide to buying Bitcoin or any other cryptocurrency.

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ROYA

Royale Finance

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USD

United States Dollar

ROYA Price Statistics

Royale Finance Price Today
Royale Finance Price$0.2235
Price Change24h$-0.01625

7.27%

24h Low / 24h High
$0.2047 /
$0.2366
Trading Volume24h$1,556,876.27

10.93%

Market DominanceNo Data
Market Rank#1051
Royale Finance Market Cap
Market Cap$2,238,598.36

7.27%

Fully Diluted Market Cap$16,088,981.80

7.27%

Royale Finance Price Yesterday
Yesterday's Low / High
$0.2047 /
$0.2446
Yesterday's Open / Close
$0.2345 /
$0.2194
Yesterday's Change

6.44%

Yesterday's Volume$1,433,200.84
Royale Finance Price History
7d Low / 7d High
$0.2006 /
$0.3330
30d Low / 30d High
$0.1266 /
$0.3330
90d Low / 90d High
$0.1266 /
$0.3330
52 Week Low / 52 Week High
$0.1266 /
$0.3330
All Time High
Jan 21, 2021 (5 days ago)
$0.3330

32.9%

All Time Low
Jan 11, 2021 (15 days ago)
$0.1266

76.44%

Royale Finance ROI
No Data
Royale Finance Supply
Circulating Supply10,017,979 ROYA
Total Supply72,000,000 ROYA
Max Supply72,000,000 ROYA

Royale Finance Markets

No Data

Royale Finance News

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