Remittance Token ICO (REMCO)
World's First Powerful Distributed Token-Generating Platform for Money Transfer
"The RemittanceToken operates on a private permissioned network using a programmable token to
transfer money leveraging on direct API connections with the destination banks and mobile wallets in various
jurisdictions. The system allows pre-authorized partners to generate tokens on the network for distribution to
end users or their agents. These tokens can be programmed with various denominations and currencies and
buyers/senders will use a mobile or online app to initiate the money transfer, thus the sender will perform the
actual transfer"
(https://www.remittancetoken.io/)
transfer money leveraging on direct API connections with the destination banks and mobile wallets in various
jurisdictions. The system allows pre-authorized partners to generate tokens on the network for distribution to
end users or their agents. These tokens can be programmed with various denominations and currencies and
buyers/senders will use a mobile or online app to initiate the money transfer, thus the sender will perform the
actual transfer"
(https://www.remittancetoken.io/)
Start Date
15 Sep, 2018
End Date
31 Mar, 2019
Remittance Token Use of Token
REMCO Remittance tokens use a revolutionary programmable money transmission token and APIs to allow remittance companies globally to mint and customize their own Tokens.
Organization
REMCO Software Inc.
Platform
Ethereum
Coin type
Utility Token
Category
Finance
Soft cap
6,000,000
Max cap
60,000,000
Max supply
2,000,000,000 REMCO
Price
0.08
Remittance Token Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Remittance Token Distribution
Remittance Token Use of Proceeds
Remittance Token Team Members
Remittance Token Advisors
Remittance Token Past Events
- 31 August, 2019
Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial Banks
- 30 November, 2019
Parent company received Money Transmission licenses in the states of Illinois, USA
- 31 December, 2019
Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018
- 31 January, 2019
Tokenized/ cashless card money transfer off-chain launched in Illinois, USA
- 28 February, 2019
Tokenized/ cashless card money transfer off-chain launched Georgia, USA
- 31 March, 2019
Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovators
- 30 June, 2019
Blockchain Project initiation
- 31 July, 2019
Blockchain infrastructure development start, Investment from Parent company
- 31 August, 2019
Legal adviser appointed
- 30 September, 2019
Parent company received Money Transmission licenses in the state of Maryland, USA
- 31 October, 2019
Parent company committed to the Private sale
- 30 November, 2019
Blockchain infrastructure development testing completed
- 30 April, 2019
Blockchain infrastructure to go live on or before