 | Railz (RLZ)ICO Railz is a blockchain-based protocol for the internet of things economy. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Railz
Railz enables 50 billion+ devices to reach an optimised consensus between these Machines autonomously on a peer-to-peer basis without human intervention.
Railz replaces the need for centralised Trading platforms with permissionless peer-to-peer Trading networks.
The Railz transmission protocol delivers 30x throughput on Ethereum network under test conditions.
Every time the outcome of a machine-to-machine conversation (or negotiation) is reached, Railz network levies a utility charge denominated in fractions of RLZ tokens, known as Rivetz.
DetailsPre-sales: Jun 04, 2018 - Jul 01, 2018Public sales: Jul 02, 2018 - Jul 29, 2018 Pre-sale token supply: 150000000 Token supply: 150000000 Soft cap: 6,200ETH Hard cap: 46,620,000 USD(fiat) LegalBlockchain Platform: EthereumCountry limitations: China, Singapore, United States Registration country: Cayman Islands | Token infoTicker: RLZType: Utility-token Token standard: ERC-20 Token price in USD: 1 RLZ = 0.13049288 USD Token price in ETH: 1 Token = 0.000196 ETH Accepted currencies: ETH Token distribution: 45% - Intrinsic Utility Reserve 6% - Partners 4% - Bounties 20% - Team 25% - Token Sale Funds allocation: 78% - Marketing 10% - Software 8% - Operations 3% - Regulatory 1% - Legal |
Railz Roadmap
Inception.
Yellow Paper RFC-1 released.
MVP.
Technical Yellow Paper RFC-2 released.
Railz White and Yellow (Technical) Papers - Public Release.
Pre-ICO opens.
Main Token sale to the public opens 1 June.
Production Blockchain deployed.
Project team
Social media
