Everything you need to know about BRMT token.

BRMT is a utility token used to pay nodes for the Payment Transfer Facilitation Service provided to BREMIT’s Money Transfer Ecosystem. BRMT is also used as a staking token to nodes, that gives the capacity to each user to handle the amount of money transfer. Beyond it, BRMT is also a purely transactional cryptocurrency, suitable for use in micropayment and other payment applications.

Token Details

Token icon: BRMT
Token Name : Bremit
Token Type: BEP 20
Contract Address: 0x9F868632FaAc944959D6eB0B294BbF7811Ac0096
Link: https://bscscan.com/token/0x9f868632faac944959d6eb0b294bbf7811ac0096
Total Token Supply: 10,000,000,000

Token Allocation, Use of fund and Token Release Schedule

Prelaunch

  • 5% Unlocked to Bremit pre-launch Airdrop participants at $0.05
  • Will be locked for 3 months of transfer.

Presale Public

  • 15% allocated to early public buyers.
  • There will be 3 rounds and average cost will be discounted.
  • Flexible staking available
  • will be used to develop and to support the liquidity of the token.

Node Presale Public

  • 10% will unlocked to BREMIT NODES presale and extended.
  • Locked for 3 month minimum
  • Fixed Staking Available
  • will be used to develop and to support the liquidity of the token

Early User Benefits, reward and bounty,

  • 5% token is allocated
  • This fund is for encouraging first time users on the platform after the launch of the product.
  • We will launch different reward programs in future

Community Development

  • 10% for community development
  • Token helps to expand the services globally.
  • Target to build Country specific Local Manager, do outreach program, and community building.

Node Network Reward

  • 40% of token allocation
  • The token is designed to reward the node for transaction facilitation and staking.

Team, Advisors and Partners

  • 15% allocated for working team, founders, partners, and advisors
  • Only 10% of this segment of token will be unlocked each month.
  • The fund will use for development and operational expenses such as website development, server cost, service cost, API cost and advertising materials.

Token Burning

We have a token burning schedule. We have planned to burn a certain percentage of circulating supply over a period. Here is the schedule:

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
BREMIT

BREMIT

Uber for Cross Border Money Transfer. Blockchain based peer to peer decentralized remittance platform. https://www.bremit.io