Local Remit (LRT) ICO

updated 27 September 2018

LocalRemit is a P2P platform that allows traders to skip the middle-man and trade on their own terms

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Status: ended
Presale: 28 Sep`18-14 Oct`18
Public sale: 15 Oct`18-30 Oct`18
Cap: 2 000 ETH
(534 360 USD)
Goal: 2 000 ETH
(534 360 USD)
Price: 1 LRT = 0.25 USD
Blockchain: Ethereum
Offering type: Utility
Country: Kenya
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Local Remit is a decentralized Peer to Peer crypto Marketplace that allows traders to skip the middle-man and trade on their owns terms in banks transfers, online payment service, cash in person or any other agreement between two people. Peer-to-peer such as Local Remit helps users safely send and receive payments in P2P market places 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

During the genesis of Cryptocurrency right after Satoshi had created bitcoin, the only way you could get bitcoin was if you mined it, faucets, get it from someone for free, donations, peer to peer trade/transaction. Exchanges like mt. Gox came later.

Since then the Peer to peer 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 5 of the major Coins and we will be adding more as time goes. Read more on our Whitepaper for more details.