REMYT ~ Investment ICO Backed by Gold


What is Remyt?
Basically, with Remyt, funds transactions across borders are limitless. 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.

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

Features

  • Backed by Gold
  • Growing value
  • Transparency

Benefit of 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

Token Details
Name: Remyt Token
Symbol: XRT
Standard: ERC20
Total supply: 5,500,000
Decimal place: 18
Platform: Ethereum
Price: $0.50
Accepted Currencies: BTC, ETH, LTC, EOS

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.

ICO

  • Pre-ICO
    Start date: April 1, 2018
  • ICO
    Start date: April 23, 2018
    End date: July 6, 2018
    Starting Price: $0.50 (increases every round by $ 0.1)

Token Distribution
ICO – 5,000,000
Affiliates & Bounty – 200,000
Remyt Team – 200,000 ( Locked for 2 years )
Pre-ICO – 100,000

Funds Allocation
Cryptocurrency Trading – 30%
Ecosystem and Community Development – 25%
Purchase of Gold – 20%
Marketing and Business Development – 10%
Legal – 10%
Operations – 5%

Road Map
After ICO: Token Distribution, Launch Crypto Investment program (CIP), Launch Internal exchange

  • Q4 2018
    Launch Escrow Platform
  • Q2 2019
    Launch Remyt Application Platform, Launch iOS/Android Application
    -Q3 2019
    Listing On External cryptocurrency exchange platform
  • Q4 2019
    Launch RemytPay for merchant and Remyt Debit Card
    -Q2 2020
    Expansion to capture 5% of global remittance market by end of 2022

Find out more visit
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

Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406

#ico #blockchain #remyt #ethereum #bitcoin

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Hurricanecol

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