Widespread distribution of RMESH tokens is critical to the success of this global project
ZUG, Switzerland (PRWEB) February 22, 2018
Having already reached its substantial internal hard cap of US$18.0M during its private token allocation round and successfully closing its public pre-allocation round in only 8 minutes and 4 seconds, RightMesh is preparing for massive contributor interest in its upcoming public round which is structured to allow for maximum participation.
“Widespread distribution of RMESH tokens is critical to the success of this global project,” says CEO and Co-founder, John Lyotier. “We’ve been overwhelmed by contributor interest in the first 2 phases of our TGE, and hundreds of potential contributors are already registered for the final phase. We have developed a mathematical formula to determine the lowest possible cap during the first 24 hours of our crowd contribution round so our tokens will be widely dispersed and our community will not be disappointed.”
RightMesh’s mission is to support the United Nations’ declaration of internet connectivity as a basic human right by combining mobile mesh networking with blockchain technology to connect the next billion users. RMESH tokens will be used to buy, sell, and share connectivity, data and device resources (processing power, sensor data, storage) between users in the system to incentivize uptake and to grow the network. Backed by a strong community that is passionate about digital inclusion, net neutrality, and decentralized communication, RightMesh is poised to expand mobile mesh networks on a global scale.
Starting March 27th at 13:00 CET, RMESH Tokens will be made available to the community in exchange for contributions to the project. The combined total of contributions made in all three rounds will be US $30M. Contributors must act quickly to ensure participation: each contributor must go through comprehensive KYC/AML requirements and, in addition, must submit a framework agreement with Bitcoin Suisse prior to March 20th to guarantee processing in time to participate. In an abundance of caution, RightMesh is not undertaking a public sale of its tokens in either Canada or the US. Due to anticipated strong demand, participants are encouraged to proceed with KYC/AML promptly. Step-by-step instructions are available at http://www.RightMesh.io
To schedule an interview, please contact Nikki Brown at Melrose PR; nikki(at)melrosepr(dot)com or call (310) 260-7901.
RightMesh AG (a Swiss Company in incorporation), incubated by multi-award winning parent company Left, who itself is a certified B-Corporation located in Canada, is on a mission to bring connectivity to the next billion users by multiplying the combined power of blockchain, mesh networking, and its own RMESH tokens. RightMesh wireless networks are self-forming, self-healing, and self-regulating, using various technologies in existing smartphones and IoT devices rather than relying on traditional infrastructure and Internet Service Providers. RightMesh’s networking technology is already used in a content-sharing and local messaging app called YO! which has received over 1 million installs and is actively used in emerging markets. Further applications are being developed via the RightMesh SDK, a free platform and protocol for use by others who want to build or retrofit additional mesh applications.
This announcement does not constitute a prospectus of any sort; it is not a solicitation for investment and does not in any way pertain to an offering of securities in either Canada or the United States, and Canadian and United States residents are expressly excluded from contributing in exchange for any RightMesh Tokens in the public contribution period. This release constitutes a description of the RightMesh platform and the functionality of the RightMesh tokens; it is for informational purposes only and may change as the RightMesh technology develops over time.