[ANN][ICO][RLZ] - Railz - The Future of Machine2Machine Negotiation

[Nicolas9]

i think big one coin and i support this token. 

[Lognak]

Highly appreciate the fitness health and so big opportunity in this coin .

What do you mean by fitness health of a coin? I haven't heard about this term.

[Luke Sherwood]

Thank you Nicolas9, Ozinzin, awais0044 and eko manghas

The token details are on the white paper pages 9, 10 and 11.

The white paper is on the website - http://railz.org/

[Luke Sherwood]

The greed of this team is unbelievable.
You're going to sell 25% of the tokens and reserved almost similar amount (20%) for yourselves?
And another 45% for something called "intrinsic utility"? what's is that ...?

Come on people, you complain about relatively small premines in other coins, but no one gives a shit here?

Thank's tomkat,

20% of tokens for the whole team including the CEO and CTO is not unusual.

'What is intrinsic utility' is a great question. The RLZ token is used within the Railz system to 'print' the interim workings of the machine-to-machine negotiations to sidechains and, eventually, the final consensus to the Ethereum network. This is why it's a utility token, and why it will become valuable. But the Railz network itself needs a solid reserve of those tokens so that it can run itself.

Appreciate your interest.

[ATECZ]

Oднa из пepвыx кoмпaний, кoтopaя cдeлaeт этo, бyдeт OГPOMHOЙ

[Luke Sherwood]

Oднa из пepвыx кoмпaний, кoтopaя cдeлaeт этo, бyдeт OГPOMHOЙ

Дa, этo бyдeт!

[james7854]

Machine to machine communication is a little scary but its a cool project and I'll keep an eye for it

[sexymadafaka]

Highly appreciate the fitness health and so big opportunity in this coin .

Fitness health? Did you miss the subject maybe?

[Luke Sherwood]

Machine to machine communication is a little scary but its a cool project and I'll keep an eye for it

No need to fear, in this context its really a sophisticated negotiation algorithm, thanks for your support.

[killer9966]

Very ambitious...machine to machine communication is not easy to develop.

[djuro74556]

Hi Calvireish,

Page 9 of the whitepaper lists the token supply and allocation.

Total supply is digitally limited to 2 billion tokens with 75% reserved.

75% 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 3 stages

White paper here - /XW9Q93]https://[Suspicious link removed]/XW9Q93

The greed of this team is unbelievable.
You're going to sell 25% of the tokens and reserved almost similar amount (20%) for yourselves?
And another 45% for something called "intrinsic utility"? what's is that ...?

Come on people, you complain about relatively small premines in other coins, but no one gives a shit here?

What is intrinsic utility? Can someone explain?

[Luke Sherwood]

'What is intrinsic utility' is a great question. The RLZ token is used within the Railz system to 'print' the interim workings of the machine-to-machine negotiations to sidechains and, eventually, the final consensus to the Ethereum network. This is why it's a utility token, and why it will become valuable. But the Railz network itself needs a solid reserve of those tokens so that it can run itself.

Appreciate your interest.

[innerDemon]

Seems like a legit project. Need to study it a bit more.

[tomkat]

'What is intrinsic utility' is a great question. The RLZ token is used within the Railz system to 'print' the interim workings of the machine-to-machine negotiations to sidechains and, eventually, the final consensus to the Ethereum network. This is why it's a utility token, and why it will become valuable. But the Railz network itself needs a solid reserve of those tokens so that it can run itself.

Appreciate your interest.

I doubt anyone here understands what you're talking about. The point is: 71% of tokens are controlled by Railz team and partners, and this is going to be a problem similar to Tezos, where the greed of team members resulted in months of civil war. The scale of the conflict will depend on the amount of money collected.

[Luke Sherwood]

It might seem complicated at first but its quite simple

Intrinsic - belonging naturally; essential.

Utility - useful, especially through being able to perform several functions.

Again, I think you do know that 20% for the whole team is not unusual, it will be vested for 2 - 3 years, the team is not some random group that has been thrown together on linkedin, they have a track record of working together on other projects.

15 to 20 % has become the standard if anything.

Thank you again for your interest Tomkat.

[Luke Sherwood]

Why am I discussing the legitimacy of this project with a cloud miner, lol.

[qory]

Seems like a legit project. Need to study it a bit more.

all things need to be considered, can be said this project related to the future
i think they are serious to make it happen and need a lot of support from all participants

[DammeClaudeVanJean]

The greed of this team is unbelievable.
You're going to sell 25% of the tokens and reserved almost similar amount (20%) for yourselves?
And another 45% for something called "intrinsic utility"? what's is that ...?

Come on people, you complain about relatively small premines in other coins, but no one gives a shit here?

Thank's tomkat,

20% of tokens for the whole team including the CEO and CTO is not unusual.

'What is intrinsic utility' is a great question. The RLZ token is used within the Railz system to 'print' the interim workings of the machine-to-machine negotiations to sidechains and, eventually, the final consensus to the Ethereum network. This is why it's a utility token, and why it will become valuable. But the Railz network itself needs a solid reserve of those tokens so that it can run itself.

Appreciate your interest.

So these intrinsic tokens wont be released all at once,right?

[Vindizzle]

Hi Vindizzle,

I don't think those things are mutually exclusive, I think you could consider this an Announcement that provides information on the bounty programs.

Ok,thnx for your answer,its just that usually those two are separatedmbut i dont see no reason why it couldnt work this way.Especially since team is active here,and aswers all our questions!

[TheRedKing]

'What is intrinsic utility' is a great question. The RLZ token is used within the Railz system to 'print' the interim workings of the machine-to-machine negotiations to sidechains and, eventually, the final consensus to the Ethereum network. This is why it's a utility token, and why it will become valuable. But the Railz network itself needs a solid reserve of those tokens so that it can run itself.

Appreciate your interest.

I doubt anyone here understands what you're talking about. The point is: 71% of tokens are controlled by Railz team and partners, and this is going to be a problem similar to Tezos, where the greed of team members resulted in months of civil war. The scale of the conflict will depend on the amount of money collected.

Greed and civil war? You are really going full potato with this one XD But at the end of the day it's their project and they can do what ever they think is good. If it works, it works, if it don't than you are right, but initially there's little you or I can do about it except to invest or not invest.