Instant transaction processing, on-demand settlement and ultra-low transaction processing fees are going to be dream come true for all retailers and small business owners.ALZA' s unique way of processing transactions brings blockchain payment technology to the next level.
Attention. There is a risk that unverified members are not actually members of the team
$12 300 000
Competition in the sphere of scalable dApp-protocols is more severe than in others, so it has to be taken into consideration. The existing blockchains, though not as scalable as Alza might become, still have first-mover advantage and might be better-off if they introduce scalability features, such as Lightning network, Sharding, Plasma, State Channels.
Competition in the sphere of scalable dApp-protocols is more severe than in others, so it has to be taken into consideration. Alza aims to deliver its testnet only by the end of 2018. By this time, the already-existing blockchains may already run its Mainnets and add scalability features, such as Plasma, Sharding, Lightning, etc. The registered entity of Alza is unclear.
ALZA will charge transaction fees for each transaction on ALZA, paid in native tokens. The team proposes that the transaction fee will be low(the website claims that the size of the fee will be ~$0). For comparison, the average transaction fee for Bitcoin is ~$25-30, ~$3 for Ethereum, and ~$0.05 for EOS. However, now there is no information on the expected size of the fee. More information on the token economics is TBA. It should be noted that Alza will only sell 25% of the tokens for public. Moreover, it is unclear how the 40% tokens for "Block producing rewards" will be used. Alza Soft and Hard cap will be equal to $5M and $19M accordingly. The team aims to allocate 25% of the tokens for sale. This gives company valuation in the range between $20M and $76M. The company valuation looks similar to the competitors. To compare, Quarkchain has a market cap of ~$48M. The private sale round discount will be 20% and will be subject to a 7-month vesting scheme. Alza will issue 4B tokens.
There are 7 people in the Alza team. The core team consists of ex-Google Software Engineers and is located in San Francisco Bay Area. They have previous experience in Data Science, Machine Learning, Computer Vision. However, there are no tech specialists with a background in blockchain within the team. One of the team members - Chris Liu - previously won ACM/ICPC world programming contest several times. However, he does not mention Alza as a workplace on his LinkedIn page. Several team members hold PhD in Computer Science from US Universities (State University of New York at Buffalo, the University of Illinois at Chicago), Apart from Google, the team members previously worked at Microsoft, Foxit Corporation, Yahoo, Intuit, Fujitsu. Overall, the team looks quite strong and experienced.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.