Railz

Railz

Railz are raising funds to allow them to develop and then launch a blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy.

6.8
Token Sale ended
30 May, 2018
ETH 100,000
GOAL

Railz Info

Ticker:
RLX
Token Type
ERC20
Fundraising Goal:
ETH 100,000
Received
N/A
Price
1 ETH = 5,000 RLZ
Sold on Pre-sale
25%
Total Tokens
2000000000
Token Available for Sale
500000000
Whitepaper
Yes
KYC
Yes
Token Issue
After Sale
Country
Cayman Islands
Team Members
6
Industry
Blockchain Services
Blocked Countries
US, China, Singapore
Accepting
ETH

Pros & Cons

Multi country appeal and potential

Possible for short term rapid growth

Mass market and user appeal

Not an overly priced ICO

Very well thought out and designed white paper

Quite a target market place

Long roadmap to achieve

May need additional tech input

White paper is a long read

Could have volatile token prices

Features

Railz are raising funds to allow them to develop and then launch a blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy.

Overview

It is certainly going to be one of the high tech initial coin offerings you will be buying into if you choose to purchase the tokens that are being generated to help fund and launch the Railz concept, and it is likely to be one that a lot of investors will be interested to learn more about.

Having an original idea when it comes to launching a business these days is half the battle of being successful, but such businesses do also need to have a rock-solid team in place to drive the concept forward and adapt and develop it.

I have been looking through their initial coin offering and their business model too and it is certainly one that does have considerable merit and therefore I would advise you to read more about what they are offering and then do all your standard due diligence before investing in it.

Learn More About the Railz ICO

There is a good chance that the Railz ICO is one that does appeal to you and if so then along with watching the following video presentation please do study their website and make use of their whitepaper too.

Team

Members

  • John Corr ( CEO and Founder )
  • Phil Millo ( Co-Founder and Advisor )
  • Vignesh Iyer ( Chief Blockchain Architect )
  • Sanket Khandare ( IoT Product Design Lead )
  • Vijayta Bhatt ( Smart Contracts & DApps )
  • Luke Sherwood ( Railz Community Manager )

Conclusion

The Railz initial coin offering is well designed, and with the tokens available being low in price is it bound to attract a lot of attention of investors that are drawn towards the concept that is backing it, and that may be something you are also interested in doing too.

However, the concept is only going to work and be profitable and in turn will help increase the value of the tokens you will be purchasing, if it is rolled out on time and the team working behind the scenes have the necessary experience.

The best way that you can decide for yourself if any initial coin offering including the Railz ICO is going to be worth investing in is by looking over their website and digesting all of the information you will find listed on their white paper, so make sure that is something you do.

CoinTrust ICO review Panel