Topic: [ANN][ICO][RLZ] - Railz - The Future of Machine2Machine Negotiation - page 30. (Read 3349 times)
March 29, 2018, 02:28:43 PM
For twitter bounty,we have to post report here every friday?
March 29, 2018, 11:46:13 AM
Hey,
Railz official website - http://railz.org/
The white paper is there, so are all our videos, I cant share links straight to them, for some reason, BTT does not like them.
Youtube channel is being built at the moment, we have LOADS of videos coming soon, a lot of them are already on the website.
Railz official website - http://railz.org/
The white paper is there, so are all our videos, I cant share links straight to them, for some reason, BTT does not like them.
Youtube channel is being built at the moment, we have LOADS of videos coming soon, a lot of them are already on the website.
March 29, 2018, 11:26:42 AM
-.-
March 29, 2018, 11:03:43 AM
Are there any links to their website or YT channel? Or whitepaper?
March 29, 2018, 04:26:51 AM
'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.
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.
March 29, 2018, 04:18:30 AM
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.
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!
March 29, 2018, 04:02:50 AM
Quote
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?
March 29, 2018, 03:13:27 AM
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 futurei think they are serious to make it happen and need a lot of support from all participants
March 29, 2018, 02:31:27 AM
Why am I discussing the legitimacy of this project with a cloud miner, lol.
March 29, 2018, 02:27:42 AM
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.
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.
March 29, 2018, 01:39:52 AM
'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.
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.
March 28, 2018, 03:29:17 PM
Seems like a legit project. Need to study it a bit more.
March 28, 2018, 03:15:38 PM
'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.
Appreciate your interest.
March 28, 2018, 03:08:43 PM
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
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?
March 28, 2018, 02:56:34 PM
Very ambitious...machine to machine communication is not easy to develop.
March 28, 2018, 02:46:29 PM
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.
March 28, 2018, 02:46:08 PM
Highly appreciate the fitness health and so big opportunity in this coin .
Fitness health? Did you miss the subject maybe?
March 28, 2018, 02:39:43 PM
Machine to machine communication is a little scary but its a cool project and I'll keep an eye for it
March 28, 2018, 02:38:01 PM
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Дa, этo бyдeт!
March 28, 2018, 02:27:15 PM
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