Community-Led Origins and Funding
In January 2026, the AI and crypto community on X created the $GRASP token, inspired by a blog post on AI governance written by ryora.ai founder Hamish Songsmith. The token emerged as a community-driven expression of support for Hamish and the ideas behind responsible, scalable AI systems.
Trading fees generated by the $GRASP token were used to fund the early development of ryora.ai. We are deeply grateful for the trust and support shown by the community during this formative stage.
To ensure clarity, integrity, and transparency, the relationship between $GRASP and ryora.ai is governed by the following principles:
- Neither Hamish Songsmith nor any ryora.ai employee will ever trade $GRASP tokens. This is not a reflection of belief in the project, but a deliberate decision to avoid any perception of impropriety or conflicts of interest.
- $GRASP is the only token ryora.ai recognises or supports. We do not endorse, support, or receive fees from any other tokens, nor will we in the event the community creates more tokens.
- The contract address (CA) for the $GRASP token is:
4uUB9gLxUdh6jRMr1E5hgHEjQo7Z7gMPCjLHAm4KBAGS - All ryora.ai employees are expected to uphold the highest ethical standards. We commit to communicating truthfully and transparently with the community and will not knowingly engage in any activity that could be construed as providing unfair market advantage to any participant.
Looking Ahead
We are actively seeking additional funding to build and scale ryora.ai rapidly. Our current plan is to establish a base of operations in New York ahead of Q3 2026.
If you are interested in supporting or funding ryora.ai, please reach out to funding@ryora.ai.