Today, let us all learn and experience together all about REMYT. If you don’t know anything about them, don’t run away, that’s why I’m here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it’s best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.
Today the remittance market is worth over $500 billion, but it is still faced with derisking, high fees, insufficient transparency, Increase in settlement time, which threatens to make it more difficult for many to send and receive money.
Banks are responsible for major remittances in the world, but there are three dominant operators in the non-bank sector: Money Gram, RIA and Western Union. They operate about 1.1 million retail locations in 200 countries. However there are other players in the industry like: Currencyfair, Xe, world remit, transferwise etc. 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 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 will make the process of money transfer by a foreign worker to an individual in his or her home country simple and fast.
FEATURES OF REMYT PLATFORM
BACKED BY GOLD
Each Remyt Token is backed by 0.01g of physical gold for a start.
20 percent of our profit will be used to buy more gold every Quarter.
Audit of our gold reserve once every half-year
TOKEN SALE AND ICO
Name: Remyt Token
Total supply: 5,500,000
Affiliates & Bounty: 200,000
Remyt Team: 200,000 ( Locked for 2 years )
Decimal place: 18
Start date: 1st April 2018
Mode of Remyt Purchase: Bitcoin, Ethereum, Litecoin, EOS
Starting Price: $0.50
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)
WHAT CAN I DO WITH REMYT TOKEN?
Send funds to any individual/Organization worldwide (*Terms & Conditions apply)
Security deposit in our Remyt Partnership Program – RPP (*Terms & Conditions apply)
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 (*Terms & Conditions apply)
Trade on Crypto Exchange Platform
I hope you have enjoyed today’s review and my company along the way. Thanks for taking the time and will hopefully see you all in the next one.
For more information, visit these links;
White Paper: https://remyt.org/whitepaper.pdf
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452