Total supply of the tokens are 2,000,000,000 Token out of which 875,000,000 will be available for sale during ICO. $60,000,000 is the hardcap, and I think they will come close to it.
That's a very optimistic assumption. In times like these, reaching the softcaps is already very good. Although I'm really convinced of this project, I do not think it's going to be close to the hardcap. The framework conditions are simply too bad for that. Except, of course, if they will find some big investors, which is really possible at Remco
Reaching hardcap is not easy for any project these days. And if I remember correctly Remco have kept hardcap 10 times of softcap. It's not easy to get such high investment.
Hi, to answer your question:
The hard cap as explained in the whitepaper (
https://www.remittancetoken.io/WhitePaper.aspx ) is based on milestones and what Remco can achieve with the crowd sale fund. Remco is run by experienced money transmitters in partnership with Western Union and many money transmitters in the USA
Milestone: Operations in 10 US states /U.K/ 5 African countries
Hard Cap: $6m
Milestone: Operations in 20 USA states / 5 Countries in Europe/ 5 countries in Asia/ 15 African countries
Hard Cap: $12m
Milestone: perations in USA (national bank license) / 5 Countries in Europe/ 5 countries in Asia/205 African countries
Hard Cap: $30m
Milestone: Full global operations, national bank license in USA
Hard Cap: $60m