PRIORITY

Update: 4 June 2018 1410 UTC

Railz Pre-ICO Token sale placed on hold, bulletin update to follow

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A Language for Robot Conversations
Railz is a blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy. The internet of things is set to explode as an economic opportunity. Rapid advances in artificial intelligence and machine learning are delivering transformational change facilitated by IoT devices and networks. By 2020 the number of IoT devices is expected to exceed 50 billion. IoT is forecast to generate $11 trillion of annual economic benefits by 2025.
Machine-to-Machine Negotiated Consensus
Railz enables 50 billion+ devices to reach an optimised consensus between these Machines autonomously on a peer-to-peer basis without human intervention.

This breakthrough technology runs entirely on the Ethereum platform, and is the subject of Railz patents. Read our technical Yellow Paper or watch the video below to learn more.
High Throughput
Railz can achieve 20-30 times higher throughput than the current Ethereum network and is capable of improving performance further to reach 100-1000x faster throughput.

This technology is detailed in our technical Yellow Paper.
Roadmap to Version 1.0
Our aim is to get Railz specified by IoT device manufacturers to carry out Machine Negotiated Consensus without human intervention eventually to be deployed across billions of their devices
March 2018
White and Yellow Papers Published
Our White Paper sets out the business vision for the Railz protocol and the technical Yellow Paper describes the technical and mathematical concepts that underpin the Railz protocol.
4 June - 1 July 2018
Pre-ICO Token Sale
The Pre-ICO token sale commences at 0800 UTC on 4 June 2018 and completes on 1 July at 2359 UTC.
2 July - 29 July 2018
Full ICO
The full ICO commences at 0800 UTC on 2 July 2018 and completes on 29 July at 2359.
Before 12 August 2018
RLZ Token Distribution
Railz tokens will be distributed on or before 12 August 2018.
June - August 2018
Build Out Railz Team
Much of the technology team to build Railz is already in place. We will build out the Railz marketing and operational teams from June to August 2018.
July 2018
RLZ Available on First Exchanges
We aim to have Railz listed on an exchange ready for the distribution of Railz tokens to purchasers from the pre-ICO and main sale.
March - December 2018
Development of Railz Protocol
The technology team will build out the Railz protocol in 2018.
September 2018
Early Adoption Starts
From September 2018 the Railz protocol will be promoted to and adopted by early major industrial clients and innovative SMEs. This promotional period to early adopters is scheduled to last 15 months.
December 2018
Beta Release
We will provide the beta release of Railz to the early adopter IoT manufacturers and make available on GitHub for download by December 2018.
First Quarter 2019
Version 1.0 Released
Railz Version 1.0 to be released for 1Q 2019.
RLZ Token
The Railz token is a standard Ethereum ERC20 compliant token.
RLZ Token
Token Name
Railz
Ticker Symbol
RLZ
Token Standard
ERC20 Compliant
Emission
Fixed
Listing *
Immediate
* The RLZ tokens will be listed on an exchange the day after the ICO closes.
Supply
Total Supply (Mint)
2 billion RLZ
See below for breakdown:
Reserve and long term operational utility
900,000,000 RLZ
Founders, Team, Advisors †
400,000,000 RLZ
Partners
120,000,000 RLZ
Bounties
80,000,000 RLZ
Sale
500,000,000 RLZ
† Founder, Team, and Advisor tokens vest over three years.
Sales Stage Allocations
Series A: Pre-ICO Token Allocation
30,000,000 RLZ
Series B: Pre-ICO Token Allocation
120,000,000 RLZ
Full-ICO Token Allocation
350,000,000 RLZ
Sales Stage Pricing
Series A: Pre-ICO Token Price
0.00006 ETH (70% discount)
Series B: Pre-ICO Token Price
0.00008 ETH (60% discount)
Full-ICO Token Price
0.000196 ETH (2% discount)
Soft Cap
Soft Cap
6,200 ETH

Hard Cap
Hard Cap
100,000 ETH

Use of funds if soft cap met
On raising the 'soft cap' we can complete these key activities:

1) Software development: build and prove the Railz protocol
2) Build credentials with leading IoT experts and the academic community
3) Aim for adoption by innovators and early adopters
4) Deploy the centralised Marketing and PR teams
5) B2B relationships managed by CEO
32%
PARTNERSHIPS
41%
BLOCKCHAIN DEV
21%
OPERATIONS
6%
LEGAL AND REG
Use of funds if hard cap met
On raising the 'Hard Cap', we can execute the following strategy and key activities:

1) Software development: build and prove the Railz protocol
2) Activities as described on 'Option A' PLUS
3) Regional offices in major industrial centres: China, Germany, Korea, Japan, USA (multiple offices in China and USA) plus UK for capital markets
4) B2B Team in each regional centre
5) Develop and fund proofs of concept in collaboration with selected innovators and major industrial firms
6) Dedicated VPs for b2b relationships, SME innovators, and brand building
78%
PARTNERSHIPS
10%
BLOCKCHAIN DEV
8%
OPERATIONS
4%
LEGAL AND REG
Management and Team
The Railz team combines deep blockchain, IoT and technology experience with b2b sales, strategic marketing and communications capabilities to enable Railz to gain global adoption across IoT device manufactures. Many members of the core team have known each other for more than 25 years, and have worked together on numerous previous successful projects.
CO-FOUNDER & CEO
CO-FOUNDER
CHIEF TECHNICAL OFFICER
John Corr
Phil Millo
Vignesh Iyer
Jean-Louis Bravard
CHIEF INFORMATION OFFICER
LEGAL COUNSEL
HEAD OF PARTNERSHIPS
COMPLIANCE & REGULATON
Owen Keane
Mark Turner
Amy Orivel
Luke Sherwood
HEAD OF COMMUNITY
BLOCKCHAIN
BLOCKCHAIN
COMMUNICATIONS & PR
Vijayta Bhatt
Priyanka Pareek
Adam Smallman
Rachel Burke
PARTNERSHIPS
AI & ML EXPERT ADVISOR
IOT EXPERT ADVISOR
BRAND AMBASSADOR
Dr. Anne Hsu
Pilgrim Beart
Leif Cid
Iurii Riabykin
BRAND AMBASSADOR
LEAD DESIGNER
Aleksander Cvetkovic
CONTENT LEAD
Adefemi Adegoke
Documents
The following supporting documents are available for download.
PDF (15 pages)
PDF (47 pages)
Legal Notice
Coming soon...
Presentation
Coming soon...
One-sheet
Coming soon...

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