Railz ICO (RLZ)

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.

Internet
3.8

by expert rating and reviews


3.8
ICO PROFILE
TEAM
VISION
PRODUCT
Ended
Token RLZ
Platform Ethereum
Price 1 ETH = 5,000 RLZ
Country United Kingdom
ICO Start Date 01 May 2018
ICO End Date 30 May 2018

About Railz

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.

Team

John Corr member of Railz ICO
John Corr
CEO and Founder
Phil Millo member of Railz ICO
Phil Millo
Co-Founder and Advisor
Vignesh Iyer member of Railz ICO
Vignesh Iyer
Chief Blockchain Architect
Sanket Khandare member of Railz ICO
Sanket Khandare
IoT Product Design Lead
Vijayta Bhatt member of Railz ICO
Vijayta Bhatt
Smart Contracts & DApps
Luke Sherwood member of Railz ICO
Luke Sherwood
Railz Community Manager
Priyanka Pareek member of Railz ICO
Priyanka Pareek
Lead - Token Crowdsale
Owen Keane member of Railz ICO
Owen Keane
Advisor - Legal & Regulatory

Milestones

  • 1

    October 2017

    Inception.

  • 2

    January 2018

    Yellow Paper RFC-1 released.

  • 3

    February 2018

    MVP.

  • 4

    14 February 2018

    Technical Yellow Paper RFC-2 released.

  • 5

    26 March 2018

    Railz White and Yellow (Technical) Papers - Public Release.

  • 6

    1 May 2018

    Pre-ICO opens.

  • 7

    24 May 2018

    Main Token sale to the public opens 1 June.

  • 8

    1Q 2019

    Production Blockchain deployed.

Financial

Token Sale Info
Token RLZ
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 5,000 RLZ
Tokens for Sale 500000000
Investment info
Accepting ETH
Distributed in ICO 25%
Soft cap 6,200 ETH
Hard cap 100,000 ETH

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