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Remittance Token

ICO Ended
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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
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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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
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
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
Following a successful self-tests we will onboard remittance partners.
Screenshots taken 25 Sep 2018
Peter Ojo
CEO/CTO
Joel Patenaude
COO
Catherine Berruer
Vice President
George Oluwaboro
CAP, VP Finance
Olufunmilayo Ojo
Director of Operations Africa
Dr. Moses Asom
CEO of SyChip, Inc

Advisors (7)

Brent Segal, Ph.D
Advisor
Tidal W. McCoy, President, McMark, LLC
Investor
Tidal W. McCoy, President, McMark, LLC
Investor
David Hershfield
Advised PayPal, Adobe
Seth Wiener
Managing Partner
Roshan Polepalli
Advisor
Robbert Walstra
Founder legal capital
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