Remco (REMCO) - ICO Details
Remco ICO Summary
Remco is bringing blockchain solution in the Platform industry.
Their initial coin offering will be held from December 1, 2018 and investors will be able to buy it until March 31, 2019.
A total of 0 REMCO will be created and 1,300,000,000 will be available during the coin offering.
REMCO sale will be considered successful if their softcap of 0(USD) is reached. Please keep in mind that the sale could end before March 31, 2019 if the hardcap of 60,000,000(USD) is reached.
During Remco ICO, investors will be able to buy REMCO at 0.08 USD per Coin/Token.
Get all the details about Remco below and on Remco Official ICO website
Remco Project Info
Remco was carved out by the parent company that has processed $700,000,000 in the last 24 months.
The company holds money transmitter licenses in three US states and mobile payment licenses issued by Central Bank. The parent company process payments for Western Union and the biggest money transmitters.
The off-chain version of the Tokenise money transfer method is in pilot in the states of Illinois, Georgia and Maryland, USA and on a run rate of $20,000,000 by end of 2018.
The Remco project is the blockchain version and the reason for this ICO. There is an agreement between the parent company and Remco to be the first client of Remco.
Remco ICO Details
Remco Stage Details
|Token for sale||1,300,000,000|
|Token Price||0.08 USD|
Parent company Integration of Tokenized/ cashless card for termination to 22 Commercial BanksAugust-2017
Parent company received Money Transmission licenses in the states of Illinois, USANovember 2017
Parent company received Money Transmission licenses in the states of Georgia, USA- December/2018December 2017
Tokenized/ cashless card money transfer off-chain launched in Illinois, USAJanuary 2018
Tokenized/ cashless card money transfer off-chain launched Georgia, USAFebruary 2018
Travelled to Tokyo, Japan for Blockchain event meeting with various blockchain innovatorsMarch 2018
Blockchain Project initiationJune 2018
Investment from Parent companyJuly 2018
Legal adviser appointedAugust 2018
Parent company received Money Transmission licenses in the state of Maryland, USASeptember 2018
Parent company committed to the Private saleOctober 2018
Blockchain infrastructure development testing completedNovember 2018