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ICO Review

ICO Review | Remiit – Blockchain Powered Remittance and Payment

Remiit ICO Review

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.
 

RED FLAG

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 : [email protected]

 

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