I like it how simply they explain the concept of Remme. Essentially, they’re building an open source distributed Public Key Infrastructure (PKI) protocol with a set of DApps, enabling passwordless authentication for humans and devices.
Instead of a password, the user generates an SSL certificate for each device. The certificate data is managed on the blockchain, which makes it extremely difficult for hackers to use fake certificates. This removes the need for users to remember passwords, which removes a crucial vulnerability.
So without any further ado, let’s delve into a detailed review of Remme’s ICO.
Market Opportunity
The identity and access management market is estimated to be 14.8billion by 2021.
Crowd Sale
Distribution of tokens
| 50% 20% 20% 10% | Crowd sale Team and founders Partners and advisors reserve |
Allocation of Funds
| 35% 25% 20% 15% 5%
| R&D Business development Operations Marketing Legal |
Team
Alex Momot, CEO
Kate Pospelova, CMO
Roman Kravchenko, CTO
Jan Keil, CBDO
Olesksii Baranovskyi, Chief Scientist
7 other core team members
8 Advisors
Opinion
Remme is solving an interesting problem that not only increases usability, but also operational security.
The team and advisors seem strong and capable and they already have a few partners and have been in development for 2 years. With a large Telegram following suggesting decent public interest, I can see how this project could be successful in the long term.
That sums up my Remme ICO review. Do you think it’s worth investing in? Let me know what you think in the comments below!
Featured image by Remme