Local Remit (LRT) Token Sale

Our Analysis

Team: 6.8

Feasibility: 6

Product: 6

Overall Rating: 6.27

Short Description: P2P cryptocurrency marketplace

Category: Banking

Category: Tokens Cryptocurrency

Ticker: $LRT

Website: https://localremit.com

Whitepaper: https://localremit.com/wp-content/uploads/2018/09/WHITEPAPER.pdf

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Local Remit (LRT) Token Sale

Local Remit is a decentralized P2P crypto marketplace that allows traders to skip the middleman and trade on their owns terms in banks transfers, online payment services, cash or any other agreement between two people. P2P helps users safely send and receive payments in marketplaces while earning a public reputation for every completed transaction. It greatly enhances the quid pro quo in business with decentralized reputation and feedback ratings, decentralized online business for secure payments, third party dispute resolution and very low transaction fees.

A Crypto Marketplace

During the genesis of cryptocurrency, it was definitely to acquire Bitcoin. P2P marketplaces have been lagging behind until the emergence of single coin marketplaces like local bitcoins and local Ethereum. The success of the named P2P exchanges despite very little publicity has paved way for Local Remit Marketplace to thrive. Our P2P Marketplace will have five of the major coins and we will be adding more in the future.

Token Sale Details

  • Price: 1 ETH=1,000 LRT
  • Min. purchase: 1 ETH
  • Hard cap: 15,000,000 USD
  • Soft cap: 3,000,000 USD
  • Allocation: 45% Distributed to Community, 25% Reserved Funding, 9% Founders and Team, 3% Advisors, 3% “Bounty” campaign

       Token Sale Rounds

  • ICO: 9/28/18 - 10/30/18
  • Public sale: 10/16/18 - 10/30/18
  • KYC/AML required: Yes

For more information on $LRT tokenomics, download pdf here.

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