Remyt - the first remittance ecosystem with a cryptocurrency secured by physical gold
Company create a safe remittance ecosystem which will ease the process of sending funds to your home country or any country:
- A Remyt token backed by 0.01g of physical gold for a start, to secure your funds while you use our services
- An investment mechanism to enable you make additional income towards meeting your dream financial goal
- An ecosystem that enable Money Transfer Operators, Cryptocurrency traders/professionals to partner with Remyt.
Remyt is a decentralized peer-to-peer application platform, which provides an ecosystem where users have one wallet that enables them to send funds across borders. Remyt will make the process of money transfer by a foreign worker to an individual in his or her home country simple and fast.
About the project:
Remyt - a system of money transfers on the basis of the blockchain technology.Using it, you can send funds to any person or organization anywhere in the World with minimal commissions and in the shortest time.
Due to decentralization, the system will be free of fees and intermediaries, and blockchain technology and smart contracts ensure the security and transparency of transactions.
On the platform, each user will be created a separate wallet, where all funds will be stored. A special token XRT was developed for the platform, on which the entire project economy will be based. With it, you can make transfers, pay for the services of the platform, trade them on exchanges and even just make a profit for their storage. Interestingly, the price of the token will depend on the price of real gold.
At the same time, each month a part of the profit from the platform will also be spent on the replenishment of gold reserves and the regulation of the currency price.
This is the platform on which Remyt tokens are used as a medium of exchange for funds transfer.
- Select an agent in your country of origin/location
- Enter amounts and destination country.
- See fees
- Enter Recipient details
- See summary of the transaction
- Pay to the agent in your country of origin/location
- You can cancel for a full refund within 30 minutes of payment, unless the funds have been picked up or deposited
- You and the recipient will get an SMS and email when the money is sent and received (usually the recipient receives the funds within 30 minutes to an hour).
How it works:
- To participate in our system, first create and validate your account.
- Members can deposit amount via Bitcoin, Ethereum, Litecoin, and EOS to purchase Remyt Token on our trading exchange or buy Remyt from external exchange or Escrow platform. You use Remyt Token to key in to our Crypto investment program
- We use the allocated funds to trade in cryptocurrency on carefully selected exchange platform for daily accrual of earnings.
- Members will get daily returns in the range of 0.01% to 2.25% until a minimum of 20%, up to a maximum of 40% is fully earned per month
- Members can withdraw their earnings anytime through our withdrawal section.
- You can invite your friends/families to join our Crypto Investment program and receive 5% referral commission on their daily earnings (example: if your referral invest $1000 in to CIP and earns $20 every day, you will be paid $1 every day which is 5% of $20)
- Please note that the maximum limit of our CIP program is 80% of the allocated funds
Get more details:
ANN Thread: [https://bitcointalk.org/index.php?topic=3179339/]