ALZA

ALZA

Created using Figma
Created using Figma
ALZA is an off-chain technology powered infrastructure for high-frequency and micropayments applications.
ICO
Aug 1, 2018
Aug 31, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
ALZA
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
KYC
Yes
Categories
Platform, Cryptocurrency

About ALZA

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.

ALZA Roadmap

  • August 2017

  • Team born within Google blockchain association
  • December 2017

  • Idea iteration and consulting
  • February 2018

  • Theory consolidated and experiments conducted
  • April 2018

  • Research paper finalized and reviewed
  • Read More
  • January 2018

  • Acquired talents to join the team
  • March 2018

  • Proof of concept
  • April 2018

  • Interoperability research
  • June 2018

  • Started ALZA system design documentation
  • July 2018

  • ALZA payment field protocol finalized
  • August 2018

  • ICO
  • September 2018

  • ALZA DPOS super node CLI miner
  • October 2018

  • Launching testnet
  • November 2018

  • ALZA Web/CLI Wallet 1.0
  • December 2018

  • Super node election test suite
  • January 2019

  • Announcing super node election
    ALZA dPOS super node CLI miner 2.0 with Payment Field
  • February 2019

  • ALZA iOS, Android and CLI Wallet 1.0
    ALZA super node election closed
  • March 2019

  • Super node staking reward monitor
  • April 2019

  • ALZA Wallet 2.0 with Payment Field
  • May 2019

  • ALZA Ecosystem Launch — Blockchain browser and Staking software
  • June 2019

  • Deploying sample smart contracts on ALZA blockchain
  • July 2019

  • Launching mainnet

Activity

Followers:
608
LOW
Tweets:
193
MEDIUM
30 Days Growth:
19
Members:
4 833
MEDIUM
30 Days Growth:
-301
Alexa
Rank:
5 544 710
VERY LOW
Delta:
3 283 479
Year commits:
74
Watchers:
60
Stars:
187
Forks:
77
Open issues:
0

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Blockchain Scientist, Engineer
unverified
Blockchain Scientist, Engineer
unverified
Blockchain Scientist, Engineer
unverified
Blockchain Scientist, Engineer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Last News

3.57
stable
5.0 6
ICO Profile Vision Activity Potential Product Team

ALZA Reviews

icoscoring.com
ICO review website

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.

Read More
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