Remyt is a decentralized peer-to-peer application platform, which provides an ecosystem where users have one wallet that enables them to send funds across borders. Remyt aims to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access. The proportion of the remittance industry is more than $500 billion the goal of Remyt is to penetrate 5 percent of the market by the end of 2022.
Remyt will issue an ERC20 Remyt Token (XRT) for its ICO, which will be utilized as a medium of exchange in the Remyt Ecosystem. Each Remyt Token is backed by 0.01g of physical Gold for a start, held in multiple secure storage facilities. At the end of every financial quarter, 20% of total profits (from internal exchange fees, Remittance administrative fees, CIP administrative fees) will be used to buy more gold thereby increasing our gold reserve. Every half-year the gold reserve will be audited by a third party audits whose report will be made available to token holders.
UNIQUE FEATURES
BACKED BY GOLD
Each Remyt Token is backed by 0.01g of physical gold for a start.
GROWING VALUE
20 percent of our profit will be used to buy more gold every Quarter.
TRANSPARENCY
Audit of our gold reserve once every half-year
USES OF REMYT TOKEN
For sending funds to any individual/Organization worldwide
For security deposit in our Remyt Partnership Program – RPP
Invest in our Crypto Investment Program (CIP) to earn daily between 0.01% up to 2.25% until a minimum of 20%, up to a maximum of 40% is fully earned per month
Trade on Crypto Exchange Platform
TOKEN DETAILS
Name: Remyt Token
Symbol: XRT
Total supply: 5,500,000
ICO: 5,000,000
Affiliates & Bounty: 200,000
Remyt Team: 200,000 ( Locked for 2 years )
Pre-ICO: 100,000
Decimal place: 18
Platform: Ethereum
Start date: 1st April 2018
Mode of Remyt Purchase: Bitcoin, Ethereum, Litecoin, EOS
Starting Price: $0.50
ICO DETAILS
Remyt Pre-ICO will begin on April 1, 2018
ICO will begin on April 23, 2018 and finish on July 6, 2018.
During the ICO period, 5,000,000 memories will be sold in 5 rounds of 1 million each.
Each round will last 7 days from the date of first reception. ICO price will increase every round by $ 0.1. The price for ICO is $ 0.50 per token (only 100,000 replica tokens will be sold in just one day based on the first receipt)
FUNDS ALLOCATION
30% Cryptocurrency Trading
25% Ecosystem and Community Development
20% Purchase of Gold
10% Legal
10% Marketing and Business Development
5% Operations
ROADMAP
Kind Regards, ensure to join this incredible project.
FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
Website: https://remyt.org/
Whitepaper: https://remyt.org/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3179339/
Telegram: https://t.me/remytproject
Facebook: https://web.facebook.com/Remyt-178322529437719
Twitter: https://twitter.com/remytproject
My Bitcointalk :https://bitcointalk.org/index.php?action=profile;u=1516021