Average rating : LOW
RightMesh is the world’s first software-based, ad hoc mobile mesh networking platform and protocol using blockchain technology and MESH tokens to power growth.TGE DETAILS: - Early contribution hardcap of $18M USD filled in only one week. - Pre-allocation successfully closed in 8 minutes and 4 seconds.- Crowd Contribution successfully hit hard combined cap (USD $30M) 1 hour and 18 minutes after individual cap lifted (25 hours 18 minutes total). - Total supply of RMESH tokens is 129,498,599 RMESH. - 30% (38,850,000 RMESH) made available through the TGE.- Tokens to be released within 30 days of the completion of the Crowd Contribution. - Price per RMESH token set at $1.00 USD.- Minimum contribution $1,000 USD equivalent.
|Private-sale:||ENDED||0 / 0 raised|
|Pre-sale:||-||ENDED||$18,000,000/ $18,000,000 raised|
|Crowd-sale:||30 May||ENDED||$0/ $0 raised|
Raised: 30,000,000USD of 30,000,000USD ( 100%)
|Ticker:||RMESH||Available for token sale:||30%|
|Token type:||Private-sale/pre-sale token price:||no info / USD|
|Accepts:||Private-sale/pre-sale bonus:||no info/ 20 %|
|Prototype:||Yes||Pre-sale min/max personal cap:|
|Team:||10 persons||Crowd-sale token price:||1USD|
|Team residence:||Canada||Crowd-sale min/max personal cap:||1000 USD /|
|Company residence:||Cant participate:|
Overall, we are neutral about both the flipping and long-term potential of the ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
Neutral. The TGE process is drawn out and the project does not have much market awareness now. The hard cap of $30 million is also high in the current market.
For long-term holding
Neutral. We believe this type of project requires sophisticated knowledge in the target markets that the team aims to operate in (for example, Africa, South America, and Southeast Asia). However, with almost the entire team being in Canada, we don’t see the local expertise in the team’s profile.
We also believe it would be a long way until this project sees adoption and RMESH tokens get used.see more