REMYT
What is Remyt?
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 plans to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access.
Mission :
Remyt-the first remittance ecosystem with a cryptocurrency secured by physical gold
We create a safe remittance ecosystem which will ease the process of sending funds to your home country or any country.
In this way we create:
Remyt will issue an ERC20 Remyt Token (XRT) for its ICO, which will be utilized as a medium of exchange in the Remyt Ecosystem.
Gold Structure:
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 will be used to procure 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.
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, Ether, Litecoin, EOS
Starting Price:$1.0
Time zone:GMT
Remyt Pre-ICO will be on 1st April, 2018. ICO will start on 8th April, 2018 and terminates on 7th May, 2018. During this period 5,000,000 Remyt Tokens will be sold in 5 rounds of 1 million each. Each round will last for 5 days with a schedule of 200,000 Remyt Tokens per day on first come first serve basis. The ICO price will be on an incremental basis of $0.2 per day of sales.
There will be no peer to peer sales of Remyt Tokens until internal exchange is ready. (Beware of those offering to sell Remyt Tokens via social media)
1 –1 million Remyt Tokens
Day 1 = 200,000 XRT = $1.2 per token (08/04/2018)
Day 2 = 200,000 XRT = $1.4 per token
Day 3 = 200,000 XRT = $1.6 per token
Day 4 = 200,000 XRT = $1.8 per token
Day 5 = 200,000 XRT = $2.0 per token
Day 6 = Rest = -
1,000,001 to 2 million Remyt Tokens
Day 7 = 200,000 XRT = $2.2 per token
Day 8 = 200,000 XRT = $2.4 per token
Day 9 = 200,000 XRT = $2.6 per token
Day 10 = 200,000 XRT = $2.8 per token
Day 11 = 200,000 XRT= $3.0 per token
Day 12 = Rest = -
2,000,001 to 3 million Remyt Token
Day 13 = 200,000 XRT = $3.2 per token
Day 14 = 200,000 XRT = $3.4 per token
Day 15 = 200,000 XRT = $3.6 per token
Day 16 = 200,000 XRT = $3.8 per token
Day 17 = 200,000 XRT = $4.0per token
Day 18 = Rest = -
3,000,001 to 3 million Remyt Token
Day 19 = 200,000 XRT = $4.2 per token
Day 20 = 200,000 XRT = $4.4 per token
Day 21 = 200,000 XRT = $4.6 per token
Day 22 = 200,000 XRT = $4.8 per token
Day 23 = 200,000 XRT = $5.0 per token
Day 24 = Rest = -
4,000,001 to 3 million Remyt Token
Day 25 = 200,000 XRT = $5.2 per token
Day 26 = 200,000 XRT = $5.4 per token
Day 27 = 200,000 XRT = $5.6 per token
Day 28 = 200,000 XRT = $5.8 per token
Day 29 = 200,000 XRT = $6.0per token
Day 30 = Rest (07/05/2018) = -
Remyt Application Platform:
This is the platform on which Remyt tokens are used as a medium of exchange for funds
transfer.
Model:
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.
Remyt Pre-ICO will be on the 1st April 2018 while ICO will start on the 23rd April 2018 and end on 6th July 2018. During the ICO period 5,000,000 Remyt Token will be sold in 5 rounds of 1 million each. Each round will last for 7 days on first come first serve basis. The ICO price will increase each round by $0.1
There will be no peer to peer sales of Remyt Tokens until internal exchange is ready. (Beware of those offering to sell Remyt Tokens via social media)
Pre-ICO Price – $0.50 per token (only 100,000 Remyt Tokens will be sold in just one day based on first come first serve basis)
REMYT ROADMAP
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
MORE DETAILS FOLLOW LINKS HERE:
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 Profile: https://bitcointalk.org/index.php?action=profile;u=2024269;sa=summary
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 plans to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access.
Mission :
Remyt-the first remittance ecosystem with a cryptocurrency secured by physical gold
We create a safe remittance ecosystem which will ease the process of sending funds to your home country or any country.
In this way we create:
- A Remyt token backed by 0.01g of physical gold for a start, to secure your funds while you use our services
- An investment mechanism to enable you make additional income towards meeting your dream financial goal
- An ecosystem that enable Money Transfer Operators, Crypto currency traders/professionals to partner with Remyt.
Remyt will issue an ERC20 Remyt Token (XRT) for its ICO, which will be utilized as a medium of exchange in the Remyt Ecosystem.
Gold Structure:
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 will be used to procure 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.
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, Ether, Litecoin, EOS
Starting Price:$1.0
Time zone:GMT
Remyt Pre-ICO will be on 1st April, 2018. ICO will start on 8th April, 2018 and terminates on 7th May, 2018. During this period 5,000,000 Remyt Tokens will be sold in 5 rounds of 1 million each. Each round will last for 5 days with a schedule of 200,000 Remyt Tokens per day on first come first serve basis. The ICO price will be on an incremental basis of $0.2 per day of sales.
There will be no peer to peer sales of Remyt Tokens until internal exchange is ready. (Beware of those offering to sell Remyt Tokens via social media)
1 –1 million Remyt Tokens
Day 1 = 200,000 XRT = $1.2 per token (08/04/2018)
Day 2 = 200,000 XRT = $1.4 per token
Day 3 = 200,000 XRT = $1.6 per token
Day 4 = 200,000 XRT = $1.8 per token
Day 5 = 200,000 XRT = $2.0 per token
Day 6 = Rest = -
1,000,001 to 2 million Remyt Tokens
Day 7 = 200,000 XRT = $2.2 per token
Day 8 = 200,000 XRT = $2.4 per token
Day 9 = 200,000 XRT = $2.6 per token
Day 10 = 200,000 XRT = $2.8 per token
Day 11 = 200,000 XRT= $3.0 per token
Day 12 = Rest = -
2,000,001 to 3 million Remyt Token
Day 13 = 200,000 XRT = $3.2 per token
Day 14 = 200,000 XRT = $3.4 per token
Day 15 = 200,000 XRT = $3.6 per token
Day 16 = 200,000 XRT = $3.8 per token
Day 17 = 200,000 XRT = $4.0per token
Day 18 = Rest = -
3,000,001 to 3 million Remyt Token
Day 19 = 200,000 XRT = $4.2 per token
Day 20 = 200,000 XRT = $4.4 per token
Day 21 = 200,000 XRT = $4.6 per token
Day 22 = 200,000 XRT = $4.8 per token
Day 23 = 200,000 XRT = $5.0 per token
Day 24 = Rest = -
4,000,001 to 3 million Remyt Token
Day 25 = 200,000 XRT = $5.2 per token
Day 26 = 200,000 XRT = $5.4 per token
Day 27 = 200,000 XRT = $5.6 per token
Day 28 = 200,000 XRT = $5.8 per token
Day 29 = 200,000 XRT = $6.0per token
Day 30 = Rest (07/05/2018) = -
Remyt Application Platform:
This is the platform on which Remyt tokens are used as a medium of exchange for funds
transfer.
Model:
- Select an agent in your country of origin/location
- Enter amounts and destination country.
- See fees
- Enter Recipient details
- See summary of the transaction
- Pay to the agent in your country of origin/location
- You can cancel for a full refund within 30 minutes of payment, unless the funds have been picked up or deposited
- You and the recipient will get an SMS and email when the money is sent and received (usually the recipient receives the funds within 30 minutes to an hour)
- Earn daily from our Crypto Investment Program (CIP): Interest is paid daily to investors. (Terms & Conditions apply)
- Earn commission in our Remyt Partnership Program (Terms and conditions apply)
- Affiliate: Earn bonuses when you participate in our ICO, bounty or invite others to join via your referral link. (Terms and conditions apply)
- Trade: Earn profit from trading Remyt Token
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.
Remyt Pre-ICO will be on the 1st April 2018 while ICO will start on the 23rd April 2018 and end on 6th July 2018. During the ICO period 5,000,000 Remyt Token will be sold in 5 rounds of 1 million each. Each round will last for 7 days on first come first serve basis. The ICO price will increase each round by $0.1
There will be no peer to peer sales of Remyt Tokens until internal exchange is ready. (Beware of those offering to sell Remyt Tokens via social media)
Pre-ICO Price – $0.50 per token (only 100,000 Remyt Tokens will be sold in just one day based on first come first serve basis)
REMYT ROADMAP
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
MORE DETAILS FOLLOW LINKS HERE:
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 Profile: https://bitcointalk.org/index.php?action=profile;u=2024269;sa=summary
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