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Railz

IT

Overview

Railz is a blockchain-based protocol for the internet of things economy.

Features

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.

Crowdsale

Pre-sale
Pre-sale start date 04 Jun 2018
Pre-sale end date 01 Jul 2018
Pre-sale token supply 150,000,000
Token Sale
ICO start date 02 Jul 2018
ICO end date 29 Jul 2018
ICO token supply 350,000,000
Soft cap 6,200 ETH
Hard cap size 46,620,000 USD (fiat)
Legal
Country Limitations China, Singapore, United States
Registration Country Cayman Islands
Token details
Ticker RLZ
Type Utility-token
Additional Token Emission No
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

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Medium Active

Team members

Name
Position
Score
Social
CEO and Founder
NA
Chief Blockchain Architect
1

Advisors

Name
Position
Score
Social
Co-Founder and Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium

Ended

Start ICO 02 Jul 2018
End ICO 29 Jul 2018
Token RLZ
Price 1 RLZ = 0.13049288 USD
Product Type Technology
MVP Only design
KYC No
Registration Country Cayman Islands
Country Limitations China, Singapore, United States
Whitepaper View
Railz (RLZ) widget
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