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Description

Description


Rays Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. Rays Network is looking to solve many of these problems. Rays Network is a cryptocurrency that aims to revolutionize the user experience within the cryptocurrency world. It has identified common cryptocurrency issues ranging from usability to how decentralized systems operate. Rays Network is adopting known features inside the cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but it has modified features to accommodate its community’s needs.

Full Name Rays Network (RAYS)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://rays.network
Twitter @Rays_Net
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Rays Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. Rays Network is looking to solve many of these problems. Rays Network is a cryptocurrency that aims to revolutionize the user experience within the cryptocurrency world. It has identified common cryptocurrency issues ranging from usability to how decentralized systems operate. Rays Network is adopting known features inside the cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but it has modified features to accommodate its community’s needs.

Rays Network ICO began on December 31, 2018. The ICO token supply represents 40% of the total token supply, so there is a total of 200,000,000 RAYS tokens available, for 0.25 USD each. The ICO funding target is 2,000,000 USD, the funding cap is 20,000,000 USD and is expected to end on TBA or when the funding cap is reached.

Team:

  • Michael Gehlert: CEO. 
  • Tomasz Betko: Director. 
  • Frank Weber: CIO. 
  • Ismail Malik: CEO of Blockchain Lab. 

Rays Network ICO began on December 31, 2018. The ICO token supply represents 40% of the total token supply, so there is a total of 200,000,000 RAYS tokens available, for 0.25 USD each. The ICO funding target is 2,000,000 USD, the funding cap is 20,000,000 USD and is expected to end on TBA or when the funding cap is reached.

Token Reserve Split (60%):

  • 40% DPOS Allocation;
  • 12% Team;
  • 5% Future Developments;
  • 2% Advisors;
  • 1% Bounty and Referral.

Rays Network ICO features a bounty campaign.

ICO Status Ongoing
Token Supply 500000000
Start Date 2018-12-31
End Date N/A
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.25
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction UK
Legal Advisers N/A
Blog N/A
White Paper https://rays.network/whitepaper1.0.pdf
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