In every sector and industry, manufacturers are trying to incorporate more innovations into their products and systems. With the passage of time, people are in need of products and equipment that can handle more work and require less input from the user’s end. There is a growing demand for products and platforms that function on Artificial Intelligence. The reason is that they offer better and faster results and can accelerate productivity on a large scale. To this end, Railz was established by a team of technical wizards and business developers. The goal of the organization is to come up with a software platform that offers advanced Machine-to-Machine negotiations.
Features of Railz
Investing in Railz would enable you to be a part of the revolutionary peer-to-peer economy. It envisages a commercial world that operates on the basis of IoT devices that can communicate with each other and implement trading and exchange activities. Forgetting a better idea about the functioning of this platform you may refer to the following features listed:
- Railz proposes to develop a network that works around 20 to 30 times faster and with more accuracy when compared to the Ethereum network. However, the tokens issued would be still compatible with ERC20.
- The platform is working on the development of a peer-to-peer autonomous trading network. This decentralized trading platform would offer better performance and higher trade volumes.
- Railz aims to develop an economy that revolves around IoT (Internet of Things) devices that can communicate, organize, and trade without human intervention. This would allow industries and online commercial activities to accelerate their quality of performance and throughput. This IoT based economy is estimated to generate profits worth $11 trillion within the next 6 to 7 years. Thus Railz aims to develop a highly rewarding platform for its investors and clients.
- The Railz network would work towards eliminating the drawbacks of the current technologies that suffer from various types of scaling issues. Primitive and unpredictable M2M interactions not only increase the cost of production but also reduce the quality and processing standards.
- Railz would be collaborating with IoT experts and software developers to design a set of systems and solutions that can effectively implement the concept of the M2M economy.
The team behind Railz
The success of Railz can be attributed to its extraordinary team members. John Corr is the Founder and CEO of this venture. The co-founder Phil Millo acts the Advisor for the whole Railz platform. Vignesh Iyer is the Chief Blockchain Architect. Other key members are Sanket Khandare, Vijayta Bhatt, Luke Sherwood, Priyanka Pareek, and Owen Keane.
Should you invest in Railz?
The Railz platform plans to invest in a highly promising next-generation theme. The concept envisaged by Railz has a lot of potential in the years to come. For this reason, most of the reviews anticipate the platform to be quite rewarding for its investors. However, for a higher share in profits, the investors may need to wait for a few years.
Symbol - RLZ
Token supply and allocation
Total supply is digitally limited to 2 billion tokens with 75% reserved.
Supply
- 75% of tokens reserved.
- 25% offered for sale.
Allocation
- 45% reserved for intrinsic utility.
- 6% reserved for partners.
- 4% reserved for bounties.
- 20% reserved for the team.
- 25% offered for sale in three stages.
Token sale
Three sales stages with progressively lower discounts.
Pre-ICO Series A:
30 million RLZ offered for sale at
ETH 0.00006
(70% discount to par).
Pre-ICO Series B:
120 million RLZ offered for sale at
ETH 0.00008
(60% discount to par).
Full ICO:
350 million RLZ launch price
ETH 0.000196
(2% discount to par).
Hard and soft caps
Maximum raise of ETH 100,000 with the low soft cap.
HARD CAP: ETH 100,000.
TARGET RAISE: ETH 65,000.
SOFT CAP: ETH 6,200.
Website: http://www.railz.org
Whitepaper: https://drive.google.com/file/d/1mXL8K6pRkM109ZdXlFrbdSQDnQ72Pe3z/view
Telegram: https://t.me/RailzOfficial
Posted from my blog with SteemPress : https://icoshrimp.com/invest-in-the-future-of-the-m2m-economy-and-peer-to-peer-trading-with-the-railz-protocol/