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REMCO ico review & rating

REMCO

REMCO blockchain solution is a Tokenized money transfer platform with unparalleled speed
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Review & Analysis ❯ Website⇱ Whitepaper ❯
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What is the value proposition of REMCO?

Per the pilot conducted by the parent company 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 USD in volume in the last 24 months.

 

The REMCO token

  • Token symbol: REMCO
  • Token price during ICO: 1 REMCO = 0.08 USD
  • Total supply: 2 000 000 000 (2 billion) REMCO
  • Token Distribution
    • 65% – Token sale (1 300 000 000 REMCO)
    • 15% – Founders Team and Advisors
    • 5% – Marketing
    • 5% – Business partners
    • 10% – Reserve
  • No Whitelisting

REMCO ICO Roadmap

August 2017

Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks

November 2017

Parent company received Money Transmission licenses in the states of Illinois, USA

December 2017

Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018

January 2018

Tokenized/ cashless card money transfer off-chain launched in Illinois, USA

February 2018

Tokenized/ cashless card money transfer off-chain launched Georgia, USA

March 2018

Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators

June 2018

Blockchain Project initiation

July 2018

Blockchain infrastructure development start

July 2018

Investment from Parent company

August 2018

Legal adviser appointed

September 2018

Parent company received Money Transmission licenses in the state of Maryland, USA

October 2018

Parent company committed to the Private sale

November 2018

Blockchain infrastructure development testing completed

April 2019

Blockchain infrastructure to go live on or before

REMCO team members and advisors

These have not been verified
REMCO ICO Peter Ojo
Peter Ojo
CEO/CTO
REMCO ICO Joel Patenaude
Joel Patenaude
COO
REMCO ICO Catherine Berruer
Catherine Berruer
Vice President
REMCO ICO George Oluwaboro
George Oluwaboro
CAP, VP Finance
REMCO ICO Olufunmilayo Ojo
Olufunmilayo Ojo
Director of Operations Africa
REMCO ICO Dr. Moses Asom
Dr. Moses Asom
CEO of SyChip, Inc
REMCO ICO Brent Segal
Brent Segal
Advisor
REMCO ICO Tidal W. McCoy
Tidal W. McCoy
Investor
REMCO ICO David Hershfield
David Hershfield
Advisor
REMCO ICO Seth Wiener
Seth Wiener
Advisor
REMCO ICO Roshan Polepalli
Roshan Polepalli
Advisor
REMCO ICO Robbert Walstra
Robbert Walstra
Advisor
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