Why SureRemit?
In the world, there are about 250 million immigrants sending more than $ 600 billion to support their friends and families each year. The money transfer market is an important source of funding for many people and families around the world. Immigrants face two serious problems in the implementation of cross-border and local remittances:
The cost of money transfers is gaining momentum. The transfer of money through banks and traditional international money transfers operators can cost from 7-12% of the transferred value.
More than 40% of remittances are for specific uses, such as food, clothing, medicine, school fees or utility bills. Senders want to ensure that their money is used for their intended purpose.
According to Nsofor, technology is a big value add-on to humanity, although it has some disadvantages. He notes that startups are the engine of a nation that wants to remain competitive on a global scale. As an example, we can see companies like Uber, Lyft, Facebook, PayPal, Instagram and others have numerous economic benefits while bringing the total overhaul of the traditional systems.
The search for a better quality of life has led to the massive exodus of Africans, especially youths, to the West. As a result of this high rate of migration from Africa to the more developed parts of the world, sending money. Emigres, therefore, need to send money back home for several reasons, most of which revolve around taking care of families and relatives.
Remittance money mostly for basic needs
The most common investment is that families make with remittance money is education. One study by the World Bank showed that households in Ghana receiving remittance payments reduced their spending on food by at least 14 percent (meaning they had more disposable income in hand), and increased the margin on education by as much as 33 percent. In Nigeria and Kenya, more than half of total remittance spending is invested in homebuilding, land purchases and farm improvements.
Why SureRemit?
There are about 250 million immigrants in the world sending over $ 600bn to support their friends and families back home every year. The remittance market is a significant source of funding for many individuals and families across the world. Immigrants face two significant challenges when executing cross-border and local money transfers:
Cost
The cost of remittances is punitively high. Transferring money through banks and traditional international money transfers operators could cost from 7-12% of the value transferred
Visibility
Over 40% of remittances are intended for specific uses like food, clothing, medicine, school fees or utility bill payments. Senders want to ensure that their money is being utilized for its intended purpose.
A Different Approach
Most of the crypto platforms are based on either BTC or ETH. But SureRemit is based on GAS. This decision is taken in many of the spheres. GAS will be less based on the behavior of other crypto currencies and as a result will be more stable in the markey. This will enable the transactions to have the effect on net worth of the money transferred.
GAS is observed consume very less time per transactions and will result in faster transactions.
Being a part of this Global event
The project has started its initial coin offering (ICO) recently. But being a promising project, the offerings are almost coming to an end. It is advisable to be as fast as possible. Or else it will be too late.
Token Details
- Total Token Supply: 1 Billion RMT
- Token Sale Cap: $ 10 Million USD
- 1 $ RMT: $ 0.02 USD
- Accepted: XLM, ETH, BTC, LTC, USD
Key Dates
- Pre-Sale Starts: December 8, 2017
- Pre-Sale Ends: January 5, 2018
- Crowd Sale Starts: January 10, 2018
- Crowd Sale Ends: February 10, 2018
More information visit :
Web Site- https://token.sureremit.co/
Whitepaper- https://token.sureremit.co/SureRemit-WhitePaper-v.1.21.pdf
Telegram- https://t.me/sureremit
Facebook- https://www.facebook.com/sureremit
Twitter- https://twitter.com/SureRemit
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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