Railz initial coin offering (ICO)

A Language for Robot Conversations



What’s special about the Railz protocol is that the ‘negotiated consensus’ capabilities allow what are essentially today ‘dumb’ IoT devices to start carrying out sophisticated negotiations with each other on a peer-to-peer basis without human interaction. For example, it could enable self-driving cars to negotiate to buy and sell and trade electricity with charging stations in a sophisticated manner where the pricing varied with the amount of electricity being bought or sold, at a specific location at a specific time.

3.4
3 3 expert ratings
4
2.6
3.4
4
View rating distribution
Starts in 1 second ago
2019-12-13 - 2019-12-13
Token
RLZ
Type
ERC20
Bonus
Available
Price in ICO
1 ETH = 5,000 RLZ
Platform
Accepting
ETH,
Soft cap
6,200 ETH
Hard cap
100,000 ETH
Raised
0
preICO start
Jun 25, 2018
preICO end
Jul 23, 2018
More on ICO
Report

About Railz ICO

A decentralised next-generation transaction protocol for machines, designed to scale.
Decentralised using the Ethereum blockchain and designed to scale. Next-generation consensus algorithm allows machines to ‘negotiate’ rather than simply agree or disagree. Enables IoT devices to self-organise and configure themselves into complex supply chains. Transmission protocol delivers 30x throughput on Ethereum network under test conditions.
Our goal is to enable a trillion IoT devices to be able to conduct sophisticated commerce, self-organise into supply chains, trade autonomously without human intervention.

Railz reviews

Igor Karavaev
ico advisor and investor
Rated on Apr 27, 2018
2
4
4
15%
VAKEESAN MAHALINGAM
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
Rated on May 2, 2018
3
3
4
20%

The whitepaper is missing tons of information. Looks way too simplistic. This is not ELI5 document, it should be a proper form technical whitepaper with all the technical aspects of how you plan to achieve the vision. Also, a lot of strategies are missing; marketing plans, etc.

Why are 75% of tokens reserved?

The wp makes too many statements without any explanations


UPDATE: I've recently gone through the yellow paper as pointed out and the technical aspects are explained thoroughly. That being said, I still have concerns over the vision of IoT devices transacting with no human interaction, especially at this stage I feel it may be a premature concept.

Good luck team!

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
65%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Railz ICO price

Price in ICO

1 ETH = 5,000 RLZ

Railz (RLZ) crypto

Railz coin

Railz token
RLZ
Railz type
ERC20
Railz platform

Railz (RLZ) value

Tokens for sale
500000000

Railz investment info

Accepting
ETH,
Distributed in ICO
25%
Soft cap
6,200 ETH
Hard cap
100,000 ETH

Railz whitepaper

Railz team

Apply as an advisor

John Corr

CEO and Founder

Founders

Phil Millo

Co-Founder and Advisor

Founders

Owen Keane

Advisor - Legal & Regulatory

ICO Advisors

Railz milestones

1
1 May 2018

WePower idea

2
14 February 2018

WePower idea

3
1Q 2019

WePower idea

4
24 May 2018

WePower idea

5
26 March 2018

WePower idea

6
February 2018

WePower idea

7
January 2018

WePower idea

8
October 2017

WePower idea

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