Cremit ICO (CRMT)

Blockchain based insurance and banking solutions platform

Cremit is a blockchain based provider of banking and insurance solutions. Cremit will offer its users a myriad of services that include cryptocurrency price hedging, zero-fees crypto exchange, fixed deposit certificates, smart wallet, and multi-coin payment gateway that will overcome privacy issues and omit the need for intermediaries. Cremit will also boast a multi-cryptocurrency mining farm whose revenue will be distributed among token holders.

Cremit image

Cremit Score Analysis

Cremit is an insurance and banking focused ICO that aims to create an insurance platform for cryptocurrencies. The whitepaper is very basic, partially copy-pasted and lacking crucial information such as market analysis. Moreover, their entire team is very inexperienced and does not contain a CTO to create and realize their product nor an experienced development team. Cremit's marketing efforts are minimal, and they seem to be receiving a low community response as well. Their official Facebook, Twitter, and Telegram are showing great numbers of followers that seem to have followed them solely due to the ICO's airdrop stage, containing specific liking and subscribing requests as the steps to allow users to earn their free tokens. After trying to reach out to the team, we received partial answers to our questions, if any. In the founder’s own words regarding missing parts on their whitepaper - they did not mention them on the white paper as they thought that this data can be copied by anyone who has done nothing and just put up a fake ICO. Which is ironically sad, since they copy-pasted information to their own whitepaper from other sources.

Cremit Use of Token

CRMT is Cremit's native token. CRMT is an Ethereum based ERC20 token. 84 million CRMT tokens will be offered for sale, which correspond to 40% of the total token supply. CRMT tokens are utility tokens that will power the ecosystem and used to pay for Cremit's line of products. 30% of the revenue generated in transaction fees will be distributed among token holders

Organization

Cremit Coin
Platform

Bitcoin
Coin type

Utility Token
Category

Fintech
Max cap
Max supply

210,000,000 CRMT
Price

0.75

Cremit Token Sale Stages

Stage
Start date
End date
Amount of Tokens
Price
Discount

- Private Pre-sale
- Claim
- Pre-Sale lot 1
- 15 June, 2019
- 15 August, 2019
- 21,000,000 CRMT
- 0.1
- Claim
- Pre-Sale lot 2
- 15 June, 2019
- 15 August, 2019
- 21,000,000 CRMT
- 0.25
- Claim
- ICO lot 1
- 01 September, 2019
- 31 October, 2019
- 136,500,000 CRMT
- 0.5
- Claim
- ICO lot 2
- 01 September, 2019
- 31 October, 2019
- 136,500,000 CRMT
- 0.65
- Claim
- ICO lot 3
- 01 September, 2019
- 31 October, 2019
- 136,500,000 CRMT
- 0.75
- Claim