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Full Name
Rays Network (RAYS)
Symbol
RAYS
Algorithm
ETH Token
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Rays Network (RAYS) Crypto ICO 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.

Technology

Rays Network (RAYS) Crypto Technology

Sorry, detailed technology about Rays Network (RAYS) is not currently available

Features

Rays Network (RAYS) Crypto Features

Sorry, detailed features about Rays Network (RAYS) is not currently available

ICO Status

Rays Network (RAYS) ICO Details

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
White Paper

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.

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