📢 Remittix Crypto Presale: $15 million Raised, But Promises Already Broken
Remittix (RTX) launched its crypto presale in December, presenting a vision for a blockchain-based remittance solution. Despite having no MVP, no product, and a fully anonymous team, the Remittix crypto presale has raised over $15 million.
On April 25, after reaching $14.5 million in funding, the Remittix team announced a commitment to transparency, promising bi-monthly development updates, monthly AMAs, and regular previews of what they’re building. But their actions since then have not matched the promises.
🛑 What happened in fact?
* The Remittix roadmap originally included a team reveal milestone at $18 million. That was quietly removed. A Telegram admin later called it a “threshold,” not a commitment.
* Only one development update has been released so far. It was labeled “Project Release 03”, despite no previous updates being published.
* No AMA took place in May. A delayed AMA was later held on Telegram as a text Q&A, far from the open monthly discussions they had promised.
* The Remittix launch date remains unannounced.
⚠️ Token distribution concerns:
According to the team, presale buyers will receive their RTX tokens five days after the presale ends. However, 41% of the total supply, including allocations for marketing and rewards, has no vesting period. That means the Remittix team, paid influencers, or others holding RTX tokens could sell before presale participants even receive theirs. Although the team claims that marketing wasn’t paid with tokens, no audit, due diligence, or KYC process has been conducted to verify it.
📌 Conclusion:
Remittix has changed its roadmap, delayed its transparency commitments, and continues to operate without disclosing the team behind the project. For a crypto presale that has raised over $15 million and is aiming to raise much more, this lack of accountability, in our opinion, is difficult to overlook.