The Concept Behind Remiit ICO
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.
| GREEN FLAG | ||
| 1 | REMIIT’s project idea is clear and blockchain has an essential role to play in it. | |
| 2 | REMIIT has a clear roadmap with concrete dates for each phase of project development | |
| 3 | There is a proper demonstration of funds and token allocation for this ICO. | |
| 4 | REMIIT has a strong community base. They have done well at reaching out to the people through social media platforms. | |
| 5 | The social activity around the project has been active on varying social media platforms. | |
| 6 | The whitepaper is detailed and has explained all the features of the ICO properly. | |
| 7 | There is an ever expanding market for REMIIT. The market size of more than $650 Billion is supposedly to be covered. | |
| 8 | The team members of REMIIT actively participate in blockchain events. | |
| 9 | There is a team of 20 members(technical and advisors) and each profile is reachable at different social media platforms. | |
| 10 | The investors money will be well utilised and is clearly depicted in the whitepaper. | |
| 11 | The possibility to attain hard cap against soft cap seems possible. | |
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RED FLAG |
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| 1 | As of now they don’t have any MVP yet, but the its been scheduled for a launch in Q1 2019. | |
| 3 | The project lacks the vesting schedule for team/investors. | |
| 4 | There exist a SMART CONTRACT but security audit has yet not been conducted. | |
Remiit – Important Links
Whitepaper : Link
Twitter : https://twitter.com/remiit_ico
Facebook : https://www.facebook.com/remiit.io/
Bitcointalk : https://bitcointalk.org/index.php?topic=4929374
Medium : https://medium.com/remiit
Telegram : https://t.me/remiit
Email : private@remiit.io
