RightMesh Tokens Listed on Golix in Uganda To Help Improve Connectivity
Listing on African Cryptocurrency Exchange Facilitates RightMesh in Providing Infrastructure and Financial Autonomy on African Continent
ZUG, Switzerland & HARARE, Zimbabwe — September 3, 2018 — RightMesh AG, the “Infrastructure-less” connectivity company developing a decentralized mobile mesh network, announced today that their RMESH tokens will now be listed on Golix in Uganda. Golix is one of the leading cryptocurrency exchanges based in Africa and will join RightMesh in their mission of bringing online connectivity to the people of that continent by using cryptocurrency as an incentive for users to share mobile data within a self-forming, self-healing mesh network. Earlier this year, RightMesh completed a $30M USD token generating event in advance of their future platform launch.
“As we build out our platform and protocol, it is important for us to partner with like-minded companies focused on connecting the next billion users,” said John Lyotier, RightMesh CEO & Co-Founder. “In order for us to start bridging the digital divide, we need people living in areas with poor infrastructure to have access to RMESH tokens so they can start connecting with each other using their smartphones. Golix makes it easier for the people of Uganda to buy and sell cryptocurrencies, and we look forward to working with them to have a real and lasting impact for those living in this region.”
With the agreement, RMESH tokens will be available starting today for all Golix users living in Uganda. Golix, based in Zimbabwe, aims to provide everyone in Africa financial autonomy and security by allowing them easy access to trade cryptocurrency. Following the cryptocurrency ban in their home nation of Zimbabwe, the exchange is now currently operating in Kenya, Uganda, Tanzania, Nigeria, Rwanda, Cameroon and South Africa. The listing with RightMesh aligns with their goals of improving financial access for Africans, many of whom have trouble connecting to the internet, and future plans include listing RMESH on their exchanges in countries across Africa.
“Internet connectivity in Africa has an interesting juxtaposition. The many that cannot afford internet connectivity mostly jump through hoops to get connections that are slow and have restrictions as to what content can be accessed,” said Golix CEO Tawanda Kembo. “In Africa, it’s very expensive to be poor. On the hand, the privileged few who can afford good subscriptions mostly underutilize their internet subscriptions and pay for more than they actually use. By reducing the cost for the former to get connected, and providing a benefit for the latter for sharing their connection, RightMesh solves this problem for both demographics. We have needed a solution like this in Africa for years!”
“As we bring financial autonomy to more people across Africa, improved internet connectivity is crucial in accomplishing this goal. It is important for us to work alongside companies like RightMesh by listing their token on our exchange and assisting them in deploying their app in countries where improved connectivity is badly needed,” added Kembo.
Uganda has recently implemented an oppressive social media tax where access to certain messaging applications are taxed when used. The high costs of these taxes have effectively limited access to these important applications for many Ugandans. However, direct peer-to-peer communication methods such as mobile mesh networking with RightMesh could avoid those high fees because data does not travel through a central ISP.
RMESH tokens are attached to the RightMesh platform and will be used for purchasing mobile data from others once the protocol goes live. The RightMesh Soft Mainnet Launch is planned for Q1 2019 in conjunction with the launch of its first commercially available app.
ABOUT RIGHTMESH
RightMesh AG, a Swiss Company, is on a mission to bring connectivity to the next billion users by multiplying the combined power of blockchain, mobile 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 is a software-based mobile mesh networking protocol that is ‘infrastructureless’ meaning it could be embedded into existing applications or used to build new mesh-enabled applications that do not require additional hardware or Internet connectivity to transmit data between people, applications, or devices over short distances. Initially, RightMesh was an internal project of Left, a Canadian-based multinational media and technology company with holdings in mobile and Internet-based businesses. Left is a certified B-Corp and RightMesh is governed by the same principles of using business as a force for good.
RightMesh AG is located at Gubelstrasse 11 CH-6300 Zug, Switzerland.
For more information, visit www.rightmesh.io.
ABOUT GOLIX
Headquartered in Mauritius, and with offices in several African countries, Golix is Africa’s leading cryptocurrency exchange. Golix was born out of the frustrations from an inability to make online and/or cross-border payments. The cryptocurrency exchange therefore exists to give every person in Africa Financial Autonomy.
Today, Africa is the hardest place in the world to make online payments and/or cross-border payments because of the limitations of local fiat currencies and the disabilities of incumbent financial institutions. Golix plans to give every person in Africa Financial Autonomy by making it super easy for any African to use their local fiat currency to buy and/or sell whatever cryptocurrency they want.
For more information, visit www.golix.com
