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ICO Details

ICO Project RiverMount (RM)

  • Tokensale Start:   03/02/2020

  • Tokensale Finish: 01/05/2020

Project Description

RiverMount is a project that provides users with the ability to quickly conduct financial transactions using cryptocurrencies. Also, users will be able to exchange information on the platform and enter into transactions using smart contracts. Using Blockchain technology will protect users' personal data and eliminate intermediaries during transactions.

Business Model Overview RiverMount (RM)

1. The validity of income

The project will receive revenue from user fees for transactions, the project team also plans to enter into partnerships with global and local financial institutions for the rapid scalability of the platform. Users who will pay commission fees using the RM token will receive a discount. Also, token holders will participate in the distribution of profits, and receive income depending on the number of RM tokens available.

2. Number of currencies accepted

The project accepts 4 liquid currencies, namely: BTC, ETH, XRP, TRX.

3. Token emission

The project has a limited number of tokens. A total of 100,000,000 RM tokens will be issued.

4. Discount on the purchase of tokens

The discount on the purchase of tokens is 100%.

5. Roadmap

In the provided flow chart, the project goals are indicated by the end of 2020 (p. 29 White Paper). After the completion of the token sale, the authors of the project will allocate funds as follows: 55% - “Research and development of the project”, 35% - “Marketing”, 10% - “Company”.

6. SOFT CAP / HARD CAP Ratio

The project has a poor SOFT CAP / HARD CAP ratio, which negatively affects its investment attractiveness. The values ​​of SOFT CAP and HARD CAP are $ 2,500,000 and $ 11,500,000, respectively.

7. MVP availability

The project does not have a developed MVP.

8. Risk assessment and insurance

At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.


Criteria of accordance to the international standards of business-planning of UNIDO and EBRD
% Acceptable
Criteria Project evaluation
The validity of income 1 / 3
Number of currencies accepted 4 / 4
Token emission 1 / 1
Discount on the purchase of tokens 3 / 3
Roadmap 1 / 1
SOFT CAP / HARD CAP ratio 0 / 4
MVP availability 0 / 1
Risk assessment and insurance 0 / 1
Total (56%) 10 / 18

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