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Author Topic: [ANN]REMCO : Worlds First Distributed Platform for Money Transfer  (Read 19183 times)
Ace44
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October 21, 2018, 06:32:48 PM
 #141

I see you're making a Platform to make Money transfer worldwide Easier!
And seem to have a good number of Partners listed in website!
But services like WU transfer really interested in being decentralization with REMCO?

Who is the nearest competitor for Remco? Is it closer to Paypal? As far as I know, Paypal does not use blockchain. There are lots of room for improvement in this field. No doubt about it.

Yea, paypal is not a decentralized platform, so the mechanism in place for REMCO is quite different from that of paypal, that's something to leverage on and we know that the blockchain industry has so far been proven to be a lot faster than the traditional means of transactions, though a lot of improvements still needs to be done and i realize that their security process is quite unique

This project would bring together top firms in money transfer together. REMCO would revolutionize a multi billion dollar global remittance market. They plan to build a platform to allow any licensed money transfer firm.
Migrant workers globally have to send some money back home intermittently. REMCO tokens would cut down the high money transfer fees.

So now we don't have to visit any WU offices to send or receive money? It will be done online using blockchain technology?

This is what is my understanding as well. Now we don't have to visit any money transfer service provider office.

As of now most of us are relying on the most convenient way and thinking about even transfering money online is much easier now. We already know that we can transfer money online but what will be the difference if we're going to use the REMCO service?

I used WU only one time, because of the extremely high fees. REMCO will simplify the transfer, you can use an app and you don't need to go to a WU office to transfer money.

But if Remco is going to be a transmitter with WU, will the high fees still stand while remitting directly from remco?

What do you mean?
From my understanding they have been involved with WU it does not mean that they will end up using them. WU can be expensive but I think that is the point of going crypto you basically get rid of most costs.

Yea, cryptocurrency tends to eradicate some bureaucratic processes that we get to see in the conventional system and as such makes things a bit easier than the norm and i think they have some pretty sophisticated technology that will likely attract investors, like the strict location of the server that can only be accessed via a biometric process
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faulerwilli
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October 21, 2018, 06:40:26 PM
Last edit: October 21, 2018, 08:14:32 PM by faulerwilli
 #142


Has anyone already looked at the page?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens
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October 21, 2018, 08:08:00 PM
 #143

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

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October 21, 2018, 08:17:27 PM
 #144

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

Every single calculation on this page would be great. I am very optimistic that they will reach these numbers as well. the whole project is really very convincing and I will invest. Unfortunately, I missed the private sale
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October 21, 2018, 08:25:20 PM
 #145

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

Every single calculation on this page would be great. I am very optimistic that they will reach these numbers as well. the whole project is really very convincing and I will invest. Unfortunately, I missed the private sale

You are right, every displayed model calculation would be fine for REMCO and the investors. I wondered how you can calculate the "real value" under these market conditions, but I'm fine with their expectations.
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October 21, 2018, 08:34:16 PM
 #146

Hi there, I have read your announcement but I have a hard time understanding what you guys offer. Can you explain the purpose of your platform in a simple way? For instance, what do you mean by "Token-generating". Can the platform simply generate any existing token or new tokens?

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October 21, 2018, 09:06:46 PM
Last edit: October 26, 2018, 08:20:50 AM by em777
 #147

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

Every single calculation on this page would be great. I am very optimistic that they will reach these numbers as well. the whole project is really very convincing and I will invest. Unfortunately, I missed the private sale

earlier today i visited their telegram group and ask some questions pertaining to their features and how they intend implementing it i was very impressed by how they want to tackle some serious problem.

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Kinkadeinspired
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October 21, 2018, 09:10:56 PM
 #148

I need clarification on the actual pre sale date, there are actually 3 dates on the website. The timer says pre sale is on and will end in 40 days, just below that it says pre sale starts on the 31st of october, then in the token distribution page, it says pre sale starts on the 1st of november, this is very confusing.
i think Pre ICO crowdsell is happening now and will end in 39 Days and rest of the dates are from Public sale Round 1 and Round 2!
and Private token sell started on 31 OCTOBER! you just made mistake in understanding them properly!

I'm sorry but going by your explanation, I don't understand how private sale will come after crowdsale, that is just not possible as far as I know. Also, you might want to do well to check the website again, private sale was done September 15 - October 15
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October 21, 2018, 09:25:29 PM
 #149

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

Every single calculation on this page would be great. I am very optimistic that they will reach these numbers as well. the whole project is really very convincing and I will invest. Unfortunately, I missed the private sale

You are right, every displayed model calculation would be fine for REMCO and the investors. I wondered how you can calculate the "real value" under these market conditions, but I'm fine with their expectations.

It's a tricky one because the REMCO team does not want to mislead investors, but they have taken a lot of different factors into consideration. However like you said markets are very unpredictable so it's never going to go exactly as planned.

Kinkadeinspired
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October 21, 2018, 10:54:26 PM
 #150

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

Every single calculation on this page would be great. I am very optimistic that they will reach these numbers as well. the whole project is really very convincing and I will invest. Unfortunately, I missed the private sale

The numbers are really something to look at, but it keeps me curious. How are they able to determine the real value of the token even in this volatile market?
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October 21, 2018, 11:27:11 PM
 #151

Every project like this has to deal with volatility of the market luckily things have been stable recently but for the most part Remco team I’m sure is making provisions to assure the volatility doesn’t cause too many issues
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October 21, 2018, 11:41:11 PM
 #152

Every project like this has to deal with volatility of the market luckily things have been stable recently but for the most part Remco team I’m sure is making provisions to assure the volatility doesn’t cause too many issues
yeah, sure thing from the way crypto is going i believe we will soon get to more stable time and for the first time cryptocurrency will prove itself to the world

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ibininja
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October 22, 2018, 04:17:41 AM
 #153

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

I tried to go through the stats and I have to say I am a bit lost with all the jargons in there as I am no finance guy. What is the fair value tab mean? in there ETH is like 0.

AngelJoshua
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October 22, 2018, 04:23:05 AM
 #154

I see you're making a Platform to make Money transfer worldwide Easier!
And seem to have a good number of Partners listed in website!
But services like WU transfer really interested in being decentralization with REMCO?

Who is the nearest competitor for Remco? Is it closer to Paypal? As far as I know, Paypal does not use blockchain. There are lots of room for improvement in this field. No doubt about it.

Yea, paypal is not a decentralized platform, so the mechanism in place for REMCO is quite different from that of paypal, that's something to leverage on and we know that the blockchain industry has so far been proven to be a lot faster than the traditional means of transactions, though a lot of improvements still needs to be done and i realize that their security process is quite unique

This project would bring together top firms in money transfer together. REMCO would revolutionize a multi billion dollar global remittance market. They plan to build a platform to allow any licensed money transfer firm.
Migrant workers globally have to send some money back home intermittently. REMCO tokens would cut down the high money transfer fees.

So now we don't have to visit any WU offices to send or receive money? It will be done online using blockchain technology?

This is what is my understanding as well. Now we don't have to visit any money transfer service provider office.

As of now most of us are relying on the most convenient way and thinking about even transfering money online is much easier now. We already know that we can transfer money online but what will be the difference if we're going to use the REMCO service?

I used WU only one time, because of the extremely high fees. REMCO will simplify the transfer, you can use an app and you don't need to go to a WU office to transfer money.

I'm not really againts to companies like WU or related to money transfer but it's really not good to use them sometimes because of their high fees.

At your service
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October 22, 2018, 04:34:46 AM
 #155

Every project like this has to deal with volatility of the market luckily things have been stable recently but for the most part Remco team I’m sure is making provisions to assure the volatility doesn’t cause too many issues
that is true and they also have to be prepared in market competition to get user interest, because there are many competitors available today.
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October 22, 2018, 04:45:01 AM
 #156

I see you're making a Platform to make Money transfer worldwide Easier!
And seem to have a good number of Partners listed in website!
But services like WU transfer really interested in being decentralization with REMCO?

Who is the nearest competitor for Remco? Is it closer to Paypal? As far as I know, Paypal does not use blockchain. There are lots of room for improvement in this field. No doubt about it.

Yea, paypal is not a decentralized platform, so the mechanism in place for REMCO is quite different from that of paypal, that's something to leverage on and we know that the blockchain industry has so far been proven to be a lot faster than the traditional means of transactions, though a lot of improvements still needs to be done and i realize that their security process is quite unique

This project would bring together top firms in money transfer together. REMCO would revolutionize a multi billion dollar global remittance market. They plan to build a platform to allow any licensed money transfer firm.
Migrant workers globally have to send some money back home intermittently. REMCO tokens would cut down the high money transfer fees.

So now we don't have to visit any WU offices to send or receive money? It will be done online using blockchain technology?

This is what is my understanding as well. Now we don't have to visit any money transfer service provider office.

As of now most of us are relying on the most convenient way and thinking about even transfering money online is much easier now. We already know that we can transfer money online but what will be the difference if we're going to use the REMCO service?

I used WU only one time, because of the extremely high fees. REMCO will simplify the transfer, you can use an app and you don't need to go to a WU office to transfer money.

I'm not really againts to companies like WU or related to money transfer but it's really not good to use them sometimes because of their high fees.


Using net banking we able to send money at wired speed. But that have some restrictions as its centralized.  But using blockchain technology, we can money anywhere in the world now
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October 22, 2018, 04:58:22 AM
 #157

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.

I tried to go through the stats and I have to say I am a bit lost with all the jargons in there as I am no finance guy. What is the fair value tab mean? in there ETH is like 0.

For me also it's difficult to understand the fair value of the tokens and ICO price. I mean I want to understand in what basis Remco tokens will go that high?
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October 22, 2018, 05:15:56 AM
 #158

Hat sich schon jemand diese Seite angesehen?
https://www.remittancetoken.io/StatisticsAndMarketcap.aspx

there are some impressive numbers, so if that happens, we all hopefully bought enough tokens

Yeah, it sounds good, but the market is super difficult to predict at the moment, but I really like that they used so many different models to reach projected values. It would be amazing if REMCO tokens ever reached those values.


The CCM valuation price will be a very good experience. I failed to check further to note if there was any form of explanation given regard each model and time frame.
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October 22, 2018, 05:29:53 AM
 #159

Aren't this project opening some bounty campaign? I think that could help promoting this project to be known by more investors.
It's true that there is a kamapney bounty and you can check everything here ---- >>> https://bitcointalk.org/index.php?topic=4989188.0

I also participated in the signature campaign and it made me enjoy to continue on this forum.
I think you are in the right project because this is a great and interesting project, hopefully in the future more and more investors will participate in this project so that the target can be achieved.
Thank you friends for your support, because your support can make me more enthusiastic about working.
I also saw the REMCO website giving a lot of good features for the future: http://www.remittancetoken.io/
Ace44
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October 22, 2018, 08:20:22 AM
 #160

I see you're making a Platform to make Money transfer worldwide Easier!
And seem to have a good number of Partners listed in website!
But services like WU transfer really interested in being decentralization with REMCO?

Who is the nearest competitor for Remco? Is it closer to Paypal? As far as I know, Paypal does not use blockchain. There are lots of room for improvement in this field. No doubt about it.

Yea, paypal is not a decentralized platform, so the mechanism in place for REMCO is quite different from that of paypal, that's something to leverage on and we know that the blockchain industry has so far been proven to be a lot faster than the traditional means of transactions, though a lot of improvements still needs to be done and i realize that their security process is quite unique

This project would bring together top firms in money transfer together. REMCO would revolutionize a multi billion dollar global remittance market. They plan to build a platform to allow any licensed money transfer firm.
Migrant workers globally have to send some money back home intermittently. REMCO tokens would cut down the high money transfer fees.

So now we don't have to visit any WU offices to send or receive money? It will be done online using blockchain technology?

This is what is my understanding as well. Now we don't have to visit any money transfer service provider office.

As of now most of us are relying on the most convenient way and thinking about even transfering money online is much easier now. We already know that we can transfer money online but what will be the difference if we're going to use the REMCO service?

REMCO services would be a platform for these licensed money transfer companies to run their platform. With that it’s cheaper or a reduced cost of transaction for users. I hope they get partnerships, that would use their multi chain.

Probably they will, they already got some huge partnership lined up from the traditional financial sector and with proper implementation and support they are likely to hit the intended requirements that will motivate others to come in, between, it will be best if they have like a response team here to help out with some questions as the project is a bit techie
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