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Xfermoney (XFM)

ICO

XferMoney is a secure, transparent peer-to-peer (P2P) foreign currency exchange platform.

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Overview

Project industryExchanges & Wallets
Product typePlatform
WhitepaperXfermoney White Paper Open

What is Xfermoney

XferMoney is a secure, transparent peer-to-peer (P2P) foreign currency exchange platform built on Ethereum blockchain to enable instant, reliable international money transfers. Platform is designed to disrupt and replace the traditional way of money transfers by connecting participants directly to exchange money and cut down the middleman, banks or brokers plus costs associated with them. 

Details

Pre-sales: Jan 17, 2018 - Feb 15, 2018
Public sales: Feb 16, 2018 - Mar 31, 2018
Token supply: 87500000
Hard cap: 5,000,000 USD

Legal

Country limitations: Hong Kong, Singapore

Bounty

Bounty: 3%
Translation: 10%
Social media: 70%
Bitcoin talk signature campaign: 20 %

Token info

Ticker: XFM
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 XFM = 0.115955 USD
Token price in ETH: 1 Token = 0.000125 ETH
Accepted currencies: ETH
Bonus program:
First 3 Days - 40% Bonus
Week 1 - 25% Bonus
Week 2 - 18% Bonus
Week 3 - 10% Bonus
Token distribution:
70% - XMY Tokensale
20% - XferMoney Team & Founders
5% - Marketing Campaign
5% - Advisors
Funds allocation:
35% - Platform Development
25% - Opretional Overhead
15% - Licences & Approvals
15% - Business Developemt
10% - Reserves

Xfermoney Roadmap

1
Q3 – 2017

Idea Incubation, Market Research & Feasibility Analysis, Team formation

2
Q4 – 2017

Whitepaper Release, Platform Architecture & Design

3
Q1 2018

XFM Token Offerings, Brand Awareness, Exchange Listing, Platform Development, Team Expansion

4
Q2, Q3 – 2018

Platform Development, Obtain Regional Licenses & Approvals

5
Q4 2018

Alpha Release, Basket 1 Currency pairs

6
Q1 – 2019

Beta Launch, BASKET 1 and 2 Currency pairs

7
Q2,Q3 – 2019

Launch of Multi-currency Debit Card, Support for new currency pairs

Project team

Sumit Kumar
Sumit Kumar
Founder / CEO
Sumit Kumar linkedin
Shivam Kumar
Shivam Kumar
Technology Lead
Shivam Kumar linkedin
Gaurav Jha
Gaurav Jha
Technology Consultant
Gaurav Jha linkedin
Chetas Sankhesara
Chetas Sankhesara
Senior Software Programmer
Chetas Sankhesara linkedin
Vipin Goyal
Vipin Goyal
Project Resource Manager
Vipin Goyal linkedin

Advisors

Dipankar Mishra
Dipankar Mishra
Senior Business Advisor
Dipankar Mishra linkedin

Social media

Xfermoney web-siteXfermoney RedditXfermoney MediumXfermoney TelegramXfermoney BTCTalkXfermoney TwitterXfermoney FacebookXfermoney Github

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