Remittance Token

Remittance Token

ICO Ended
13,916 Views
REMCO blockchain solution is a Tokenized money transfer platform with unparalleled speed, designed for licensed money transmitters. REMCO's technology platform provides money transmitters, agents and customers a proven "out-of-the" box ledger solution to move money at the speed of thought. Per the pilot conducted by VTNGLOBAL in the States of Georgia and Illinois in comparison to the traditional way of sending money, the test reveals that the REMCO process is ten times faster and more affordable. It's a Powerful Distributed Token-Generating Platform for Money Transfer. The REMCO Token Generating Platform’s APIs to allow any licensed money transmitter to mint programmable Tokens to move value and leverage distributed ledger advantages at speed and scale, while also offering innovative compensation to all transaction stakeholders. Our Token is Jurisdiction and Money Transmission Flow Agnostic. Meaning it works with the existing model. The parent company has Money transmitter and mobile payment licenses and has processed billions in transactions with millions of subscribers. The parent company has many jurisdictional money transmitter licenses in the USA and CBN licenses for mobile payment and international money transfers. These businesses will be the first client of REMCO post-launch ensuring instant usage of REMCO's blockchain infrastructure. We have existing integrations and process transactions daily for well-known corporates such as Western Union, IDT/Boss Revolution, Transfer-To, and many others. Currently serving over 3.6m subscribers and over $700,000,000 in volume in the last 24 months. Peter Ojo, also VTNGlobal's CEO, has a history of taking first mover advantage with FinTech solutions deployed in Nigeria that still lead in that market. His Nigerian company, VTNetwork Limited, holds two licenses with the Central Bank of Nigeria for mobile payments and international money transfer, in a country of over 180 million population, where most are unbanked. The company also plans an initiative that may have an even larger industry-wide impact. It will apply for a national bank charter in the USA, a new designation recently announced from The Office of the Comptroller of the Currency and will launch an MSB-centric bank, to serve the needs of licensed MSBs across the USA. Remco has big plans with an ICO this Fall that will build out the RemittanceToken platform capabilities, and fund rapid expansion across the USA and into many more markets.
8.4
TOTAL SCORE
6.5
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 01 Nov 2018 - 30 Nov 2018
ICO Time: 01 Dec 2018 - 31 Mar 2019
Whitelist/KYC: KYC
Country: USA
Token info
Ticker: REMCO
Platform: Ethereum
Token Type: ERC20
Available for sale: 1,300,000,000 REMCO (65%)
Total supply: 2,000,000,000 REMCO
Financial
Pre-sale Price : 1 USD = 0.06 REMCO
ICO Price: 1 USD = 0.08 REMCO
Soft cap: 6,000,000 USD
Hard cap: 60,000,000 USD
Bonuses: Up to 50%
Remco ICO Launches
TBA<br /> We expect to launch an ICO once all pieces are in place and within a few months of very active promotion.
Remco ICO Ends
TBA
Platform Live, Processing for VTNGLOBAL only
TBA<br /> Initial testing will be in-house, live in the US states where the service is licensed and regulated.
Platform Live, Processing for all authorized partners
TBA<br /> Following a successful self-tests we will onboard remittance partners.
Screenshots taken on 25 Sep 2018
Peter Ojo
CEO/CTO
Participates in a number of projects
Joel Patenaude
COO
Participates in a number of projects
Catherine Berruer
Vice President
Participates in a number of projects
George Oluwaboro
CAP, VP Finance
Participates in a number of projects
Olufunmilayo Ojo
Director of Operations Africa
Participates in a number of projects
Dr. Moses Asom
CEO of SyChip, Inc
Participates in a number of projects

Advisors (7)

Brent Segal, Ph.D
Advisor
Participates in a number of projects
Tidal W. McCoy, President, McMark, LLC
Investor
Participates in a number of projects
Tidal W. McCoy, President, McMark, LLC
Investor
Participates in a number of projects
David Hershfield
Advised PayPal, Adobe
Participates in a number of projects
Seth Wiener
Managing Partner
Participates in a number of projects
Roshan Polepalli
Advisor
Participates in a number of projects
Robbert Walstra
Founder legal capital
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Pre-Sale
Planport
The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a decentralized business-to-business platform for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers. While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest. The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry. Planport, as part of Planport Platform, has built and is building the following products: Planport RFX - a procurement product for buyers and sellers. Planport Supplier Manager - a product for enterprises to communicate with and assess suppliers. Planport Auctions - a product for performing reverse auctions with multiple suppliers. Planport Payment Systems - a payment system empowered by the PORT token for business-to-business payments. Planport Contracts - a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks - an on-demand network of supply chain experts for enterprises. Plnaport Invoice Marketplace - a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.
Upcoming
RAVELOUS
Ravelous is the crypto ecommerce marketplace that lets users sell their stuff online for crypto. Sellers can accept many types of payments from buyers, and withdraw your balance in the token of their choosing. Buyers who do not have the currency the sellers prefer can exchange their coins for RAVE tokens which used for payment. The RAVE tokens can also be traded for other coins, and will have a value backed by the crypto-marketplace and the RAVE treasury that will increase over time as the treasury grows in value.
Upcoming
Elements Estates
"Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. The platform will offer the ability to utilize ELES tokens through purchase or rent of real estate and other services, all primarily related to newly developed and modern properties in platform ownership. Elements Estates is giving you the opportunity to get involved in something that will enable growth of token value from unlocking the hidden value of the distressed assets deriving from non-performing bank portfolios, usually reserved for major players."
Upcoming
Nice 1
At its core, Nice 1 is a blockchain game development platform. When using Nice 1, a game developer can raise funds from public and private supporters. However, Nice 1 goes further than just mere fundraising. The Nice 1 blockchain provides users with access to an SDK library (and documentation) for Unreal Engine & Unity. Nice 1 is striving to create state-of-the-art gaming services for streamers and esports enthusiasts. Non-game developers can earn and support gamers and developers, by helping support the Nice 1 blockchain network. The primary goal of Nice 1, is to promote innovation in gaming worldwide. However, in the process, Nice 1 is also striving to tackle increasing censorship in gaming.
Upcoming
Coolomat
Coolomat Market will change the online e-commerce grocery sector with an innovative approach connecting customers and producers, big and small, over a new innovative online platform utilizing blockchain technology and open source software. A big “game changer” is the connection to physical click & collect pick up point devices – Coolomats. Our devices present the first and the only worldwide network of such kind.
Upcoming
Collectible
Collectible is the exclusive NFT + Physical Item online platform out there. It’s one of a kind. Just like its items. With different unannounced drops happening every week ranging from sport memorabilia to long century old art brought back to life through our NFT creating process making it relevant again. Through our top-notch blockchain technology and NFT creating service we provide a level of authenticity to users that hasn't been seen since the beginning of the internet.