Railz (RLZ) ICO review and rating Ended

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Listed on
Fri 29, Jun, 2018
Last updated
Mon 12, Nov, 2018
Community Rating
63%
Estimated ROI
on 1st year
72x

About :

A blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy


Official ICO Video




ICO Review video

ICO Details

ICO Website: http://railz.org
ICO White Paper: https://drive.google.com/file/d/1mXL8K6pRkM109ZdXlFrbdSQDnQ72Pe3z/view
ICO Start: Mon 23, Jul, 2018
ICO End: Mon 23, Jul, 2018
Banned countries: USA, China



Name Member Type Past ICO Experience Past Employment Action
John Corr (male) executive John is the primary founder and CEO of Railz, and is named on the patent applications for its machine- negotiated consensus algorithm. As a business leader he has built large global enterprises in financial services and logistics, and has driven growth to billions of dollars in revenues.
Phil Millo (male) advisor Phil is the co-founder of Railz and named on the patent applications for its machine-negotiated consensus algorithm. He is a recognised expert on blockchain technologies and financial structuring, and speaks regularly on these subjects. In the 1990s, he was voted one of the top 100 most important people to have driven the first decade of the commercial internet.



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First rating

ICO: Railz

The presale and ICO date wasnt well specifed on the website and whitepaper. It's stated that the ICO has an MVP, but a link to accessing it wasnt made available. The ICO has no media mentions.

Fri 29, Jun, 2018

Fri 29, Jun, 2018

Ratings by feature

App Type App
fair
Token Category Utility (transaction fees)
excellent
Idea A blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy
excellent
Team link to bio Link to LinkedIn profile present
excellent
Advisors' link to bio Link to LinkedIn profile present
excellent
Number of advisors About 3
fair
Number of developers 3 or more developers
excellent
Advisors' past fortune 500 experience Worked with a not popular company
fair
Team's past fortune 500 experience Work with a not popular company
fair
Advisors' past ICO experience General blockchain and ICO experience
fair
Teams' past ICO experience General blockchain and ICO experience
fair
Audience Other
poor
Real world counterpart Arduino
excellent
Media mentions
poor
Prototype Github project with recent activity
fair
Total Tokens Produced 2,000,000,000 RLZ tokens
poor
Total Token Available for ICO 25%
fair
ICO price $0.08
poor
Telegram 19,513
fair
Twitter 18,296
excellent
facebook 6,297
fair

63.46%

72x

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When Lambo?

Current cost of Lambo: $400,000 Aventador.
What you need to invest now to be able to own a Lambo by 2020 if this ICO reaches its estimated ROI of 72x is:

Ethereum: 8 ETH
Or
Dollars: $5,556

When Moon?

Ticket to moon costs: $7m.
What you need to invest now to be able to got to the moon in Elon Musk's space craft by 2020 if this ICO reaches its estimated ROI of 72x is:

Ethereum: 139 ETH
Or
Dollars: $97,222

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