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.