ronicrypto

REMYT IS MY PROJECT

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

FUNDS ALLOCATION

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

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)
Investment Opportunity in Remyt
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.

Details of ICO

Remyt will issue ERC20 Remyt Token (XRT) for its ICO, which will be used as an exchange medium in Remyt Ecosystem.

Each Token Remit is backed by 0.01g of physical gold to start, which is held in some secure storage facility. At the end of each financial quarter, 20% of total profits (from internal exchange fees, Remittance administration costs, CIP administration fees) will be used to purchase more gold so as to increase our gold reserves. Every half year gold reserves will be audited by a third-party audit whose report will be available to the token holder.

Remyt Pre-ICO will be held on April 1, 2018 while ICO will begin on April 23, 2018 and end on July 6, 2018. During the ICO period, 5,000,000 Token Remyt will be sold in 5 rounds of 1 million each. Each round will last for 7 days based on whom he can quickly. ICO price will increase each round by $ 0.1

There will be no peer to peer sales of Token Remyt until the internal exchange is ready. (Beware of those who offer to sell Token Remyt through social media)

Pre-ICO Price — $ 0.50 per token (only 100,000 Token Remyt will be sold in just one day based on which service he can quickly)