 | Railz (RLZ) |
Railz is a blockchain-based protocol for the internet of things economy.
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What 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.
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.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Restrictions
China, Singapore, United States
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
Token Price and Payment Options
Project team
Social media
Twitter
Telegram
Reddit
Medium
Facebook
GitHub
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