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#Blockchain, #Business to Business All projects

Remiit: Decentralized Remittance & Payment Platform

Blockchain Powered Remittance and Payment Platform

stage Ended crowdsale

3.1 Rating

by 5 users


    KPLs

    • Employees14

    Team

    14
    man Stevie An

    CEO

    BluepanNet - Founder
    17.71 - CEO
    - Development and Education in the Financial Product Analyzing Program
    E-pass Korea (Associate Instructor)
    - Specialized in Economics & Finance Portfolio
    - Lectured in major banks, securities and etc
    Meta Business Institute
    - HRD Design & Smart learning program

    man Logan Hong

    CTO

    BluepanNet - CTO
    LoopyStory - CEO
    NexonDD - CTO
    Simnet - Software Engineer
    POSTECH

    man Ryan Moon

    CXO

    Neospring, Fintech - CIO
    Opentrade, Fintech - UX/UI Lead
    Welivein - CEO
    Hongik University

    man Jay Jung

    CFO

    Post Doctoral Research Fellow,
    Utrecht University and IISH, Utrecht and Amsterdam, the Neterlands
    MSc in Financial Engineering,
    Ph.D. in Financial Engineering,
    Ajou University

    man Danny Kim

    Global Remittance Manager

    The Lowcal - CEO
    All About Grad - COO
    MA in Higher Education,
    Boston College




    Crowdsale details

    Distribution of tokens
    • Crowdsale (40%)
    • Team (15%)
    • Reserve (13%)
    • Market Making (10%)
    • Foundation (10%)
    • Partnership (5%)
    • Advisor and Contribution (5%)
    • Community (2%)
    Budget allocation
    • Development (35%)
    • Marketing & Business (25%)
    • Operation (20%)
    • Legal (5%)
    • Reserve (10%)
    • Overhead (5%)
    Details Indicators
    Token Symbol REMI
    Pre-crowdsale Start September 3rd, 00:00 GMT+03:00
    Pre-crowdsale End October 2nd, 00:00 GMT+03:00
    Crowdsale Start October 8th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or November 11th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $20000000
    Crowdsale Soft Cap Yes, $5000000
    Token type utility token
    Domain owner Individual

    Cost of the token

    1 token for 0.01 $

    Price without discounts

    Bonuses

    Crowdsale
    Bonus Dates Minimum purchase amount
    5% October 29 — November 04, 2018

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    William Anderson August 31, 2018
    Rating of project
    3.3

    Advantages

    Remiit provides profound and outstanding capabilities in the industry of foreign exchange which completely dispute the uncertainties associated with the centralized system.

    Risks and disadvantages

    According to the information provided about the founder members it looks like they have direct involvement as CEOs in other companies due to this duties assigned to them might not be accomplished because of the unconcistance and divide focus.

    Comments

    Remiit is definitely up for consideration when it comes to investing because of its uniquely supported background and the bright future prospects associated with the services to be delivered.

    Anne Bryn August 30, 2018
    Rating of project
    3.3

    Advantages

    The remittance market size is very big and it is growing rapidly. The Airdrop is live. The important function of RSC store is encouraging competition among linkers, so that users would have more options.

    Risks and disadvantages

    I suppose followers on social networks are interesed in having relevant content more often, so the team should think about it. The white paper lacks visual content, while I'm sure this is a sound way to make reading more enjoable.

    Comments

    It is an interesting project, but investors have a lot to choose from, because competition is very fierce, creating a payment platform is a popular idea.

    James Young August 30, 2018
    Rating of project
    3.7

    Advantages

    A great project which represents a practical solution of the blockchain. The concept is very well described in the white paper and I also found useful the one-pager. So there were no difficulties to get a detailed understanding of the business model and cost-effectiveness basis. The Team has a proper level of experience and supported by the strong Team of advisors. As I already said, this is a pure blockchain service, as the majority of projects supposed to be, so I really look forward to seeing this in life.

    Risks and disadvantages

    My biggest concern related to the roadmap and key milestones, as it currently shows that the solution will be presented by the end of 2019. The thing is that situation may change for such a huge span, so the project would have to be elaborated significantly.

    Comments

    In general, the project looks perfect and supported by the Team of experts with relevant experience, however, I would reconsider the timeframes and rolled out at least a demo earlier than in 2019.

    Sofia Medda August 30, 2018
    Rating of project
    2.8

    Advantages

    There are almost 0,1 million members on Telegram and several thousands of active users on other networks. The value of REMI token is suppposed to be kept above a certain level.

    Risks and disadvantages

    Token economy is divided into REMI token and REMD token, where REMI is listed on external exchanges and traded, but REMD has a real utility function and it would be reasonable for users to hold REMD tokens (not REMI) to be able to pay for transactions anytime. I think more information is needed about utility functions of REMI.

    Comments

    Token Economy is not easy for reading. Though I think experimenting is a good way to find the most effective solution. Yet this complicated model should be tested. If the team finds a way to test the whole system, then I think it would be significant advantage and an additional reason for investors to support the project.

    Denys Serhiichuk August 29, 2018
    Rating of project
    2.5

    Advantages

    The project has 3 major components: experienced founders, advisors and partners. Among partners, there are such big companies as Glosfer, Leekim Alliance, Zagg and others. Thus, there is also a short version of Whitepaper exists - One Pager. Mantioning crowdsale details, only 10 % of tokens from the pool are in the reserve fund. it is good that the index is small.

    Risks and disadvantages

    The Roadmap looks vague and unclear in terms of explanation of platform development steps and timeframe. What is more crucial is the absence of the working prototype. Furthemore, marketing could be better managed. Nothing said about Bitcointalk thread, Youtube channel or Reddit.

    Comments

    Overall, the project does not solve problematic issues. There are no differences between Remmit and other cryptocurrencies, like Bitcoin, for example.


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