How are you all doing? I work extensively with crypto these days, and whenever I see a new project, I try to move it around a bit. Over the last few days, I have been reading about a project called Rayls, watching it, and trying to understand it in my own way. Then I thought I would write it down in my own simple way, so that everyone can understand and learn the way I understand it.

Rayls has announced a total supply of 10 billion tokens. Although the number is large, the way they have distributed the tokens seems to me to be quite thoughtful. Especially keeping 15% of the tokens on TGE—it creates a good opportunity for newcomers. I think it is a clear indication that the project wants to build a community at the beginning.
Another thing is clear from looking at the token distribution—they are not only giving importance to investors or the team, but also keeping a large share for the community. 22% for investors, 11% for early developers, 17% for the team, and a full 35% for the community and foundation. In my own observations, projects that give a large space to the community are more likely to survive over time.

Another aspect of Rayls that really attracted me is that half of their transaction fees will be auto-burned. This means that the more transactions are made, the less the token will be worth. This creates a natural pressure to maintain the price. The burn system in the crypto market usually has a positive effect on the price; this is my own experience.
The remaining 50% of the fee will go to the community incentive wallet, which will support validators and builders. As far as I understand, this system keeps the entire network more active, and those who work directly benefit. As a result, the platform can gradually become stronger.

Finally, what I understood is that Rayls is very clear about the whole thing and has also openly stated its decision not to do an OTC buyback. This naturally creates some credibility. According to my own research and reading, the project places a lot of emphasis on community, burn systems, and transparency, which seems like a positive direction for the future.
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