REMYT
What is Remyt?
Currently, the money transfer market costs more than $ 500 billion, but for the high profitability and popularity of this niche, there are still a number of problems present in the industry. Issues such as high commissions, lack of transparency, duration of operations, still put their shadow on the popularity of the platform for remittances.
Remyt is a decentralized peer-to-peer application platform that provides ecosystems where users have a wallet that allows them to send cross-border funds. Remyt will help make the process of transferring money from abroad to your relatives and friends very quickly and easily.
To date, there are 3 main companies that dominate the money transfer market: Money Gram, RIA, and Western Union. They employ approximately 1.1 million sales outlets in 200 countries. However, there are other players in the industry, such as: Currencyfair, Xe, Remitatsiya world, transmissions, etc. Remyt is aimed at decentralizing the remittance process using blockchain technology, offering the cheapest rates, transparency and instant access.
Mission REMYT
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.
What does Remyt do ?
1. Send funds to any individuals / organizations worldwide (* Terms & Conditions apply)
2. Warranty deposit in our Remytic Partnership Program - RPP (* Terms & Conditions apply)
3. Invest in our Crypto Investment Program (CIP) to earn daily earnings ranging from 0.01% to 2.25% to a minimum of 20%, up to a maximum of 40% fully earned per month (* Terms & Conditions apply)
4. Trade on the Crypto Exchange Platform.
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, Cryptocurrencytraders/professionals to partner with Remyt.
Features
REMYT ICO
Remyt will issue an ERC20 Remyt Token (XRT) for its ICO, which will be utilized as a medium of exchange in the Remyt Ecosystem.
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)
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 audit whose report will be made available to token holders.
Funds Allocation
ROADMAP
FURTHER INFORMATION
Whitepaper: https://remyt.org/whitepaper.pdf
Facebook: https://www.facebook.com/remytproject/
Twitter: https: //twitter.com/remytproject
Telegram: https://t.me/remytproject
My profile:https://bitcointalk.org/index.php?action=profile;u=1965191
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