XferMoney

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XferMoney ICO details

Start Date: 2018-1-17

End date: 2018-2-15

    • Category: Cryptocurrency, Internet, Investment, Platform, Software
    • Token: XFM
    • Platform: Ethereum
    • Type: ERC20
    • Initial price: 1 ETH = 8000 XFM
    • Bonus: AvailableFirst 3 Days 40% Bonus Week 1 25% Bonus Week 2 18% Bonus Week 3 12% Bonus
    • Accepting: ETH
    • Soft cap: 1,000,000 USD
    • Hard cap: 5,000,000 USD

XferMoney – peer-to-peer remittance platform

Powered with blockchain to enable instant, reliable international money transfers at lowest cost.

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. Our main goal is to empower retail customers to exchange money globally with any person, business, or their own accounts in another country at a negligible cost. This should benefit all the consumers who have been paying heavy fees to the existing banks, institutions or brokers to transfer funds across borders. Our expertise in the fields of software development, blockchain, and forex exchange market give us the confidence in creating an unique P2P solution to benefit the end users and provide a better platform for currency exchange around the world.

The XferMoney Platform

XferMoney empowers its users to send money across countries in a quick, easier and secured way at almost zero cost. Platform is built with advanced technology stack integrated into blockchain ecosystem and comes with Interactive user Interface that makes money transfers a very easy process and gives its users more confidence with advance security controls in place through distributed ledger processing. Transactions are processed via automated order matching process that is performed through our state of the art algo engine which seamlessly connect various participants across countries on our platform.
XferMoney core functions and high-level architecture.
XferMoney

  • Why XferMoney
    XferMoney platform is designed to disrupt and replace the traditional way of money transfers by connecting peers via the platform in different countries to exchange money directly and cut down the middleman, banks or brokers plus costs associated with them.
  • Market Opportunity
    With economy of $2 trillion that includes $600 billions remittances and $ 1.4 trillions fx retail conversions by travellers, xfermoney is going to replace the traditional way of money transfers by connecting participants directly and cut down the costs associated to the middleman.
  • Market Advantage
    First to bring p2p fiat remittance platform on blockchain gives xfermoney the clear edge and it is set to become the leader in this space with its highly experienced team.
  • Unbeatable Exchange Rates
    Both buyer and seller enjoy the current & same exchange rate which makes it best rate with zero spread.
  • Lowest transaction fees
    Minimum platform fee with zero spread on exchange rates brings transactions cost to the lowest.
  • Faster
    Realtime, instant fund transfers.
  • Safe & Secure
    All transactions are executed over blockchain, making secure and brining full transparency to customers.
  • Customer Support
    Customer support with live online chat facility to provide quicker response to all customer queries.
  • 24/7 availability
    24/7 platform availability, accessible around the globe.

Team

Sumit Kumar

Founder / CEO. Blockchain, FX, Payments technology expert. Previously worked in Standard Chartered Bank and American Express.

Shivam Kumar

Technology Lead. Product Head at Infinite Tech with 13+ Years experience in emerging and disrupting technology.

Gaurav Jha

Technology Consultant. Founder of Microlucid technology. Expert in digital payments & blochain technology with 11+ years of experience in IT industary.

Chetas Sankhesara

Senior Software Programmer. Mobile & Payments technology expert with 10+ years of experience in software development including blockchain implementations.

Vipin Goyal

Project Resource Manager. Founder of RevInfotech, 12+ Years of Experience in porjects delivery and resourse management in IT Industary.

XferMoney Advisors

Dipankar Mishra

Senior Business Advisor. Head of Banking & Financial Services in TCS Hongkong. 20+ Years of experience in banking & financial markets.

Milestones

Q3 – 2017
Idea Incubation, Market Research & Feasibility Analysis, Team formation
Q4 – 2017
Whitepaper Release, Platform Architecture & Design
Q1 2018
XFM Token Offerings, Brand Awareness, Exchange Listing, Platform Development, Team Expansion
Q2, Q3 – 2018
Platform Development, Obtain Regional Licenses & Approvals
Q4 2018
Alpha Release, Basket 1 Currency pairs
Q1 – 2019
Beta Launch, BASKET 1 and 2 Currency pairs
Q2,Q3 – 2019
Launch of Multi-currency Debit Card, Support for new currency pairs

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