Website

REMIIT

ICO

Published: Aug 05, 2018

REMIIT is a decentralized remittance and payment platform that aims to act as a catalyst of globalization through the blockchain.

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Overview

Project industry	Finance Services & Banking
Product type	Platform
Whitepaper	Open

What is REMIIT

REMIIT is a Blockchain Powered Remittance and Payment Platform that connects various businesses and users through a trust-based Smart Contract System. REMIIT endeavors to allow business scalability of businesses in the Money Transfer Sector and provide users with a cheap and transparent process with value stability through the 2-Tier token system. REMI is the token traded in exchanges and performs a utility role that converts to REMD. REMD is the token which is used in the overseas blockchain remittance system.

Details

Pre-sales: Sep 03, 2018 - Oct 02, 2018
Public sales: Nov 27, 2018 - Nov 28, 2018
Soft cap: 1,263,000 USD
Hard cap: 5,300,000 USD
Raised: 2,273,000 USD

Legal

Country limitations: China,Singapore,United States
Registration country: Singapore

Token info

Ticker: REMI
Type: Utility-token
Accepted currencies: ETH
Token distribution:
40% - Sale
15% - Team
13% - Reserve
10% - Market Making
10% - Foundation
5% - Partnership
5% - Advisor & Contribution
2% - Community
Funds allocation:
35% - Development
25% - Marketing & Business
20% - Operation
10% - Reserve
5% - Legal
5% - Overhead