In a constantly growing economy, where the exchange of currencies is indispensable, XferMoney is born, a secure and transparent point-to-point remittance (P2P) platform for instant and reliable international money transfers. The main participants in this market are the large institutional banks and large companies that control this market. With this new platform retail customers, who have to adapt to the rates handled by these giants, now have the opportunity to exchange money globally at a low cost. This should benefit all consumers who have been paying high fees to existing banks, institutions or intermediaries to transfer funds abroad. This platform is designed to replace the traditional form of money transfer by connecting participants directly to exchange money and reduce the costs associated with intermediaries such as banks or brokers.
One of the advantages of XferMoney will provide your multi-currency debit card. All accounts opened with XferMoney will have access to it. With the debit card, users who have an XferMoney account can spend their money abroad as their local currency. Buyers who do not have a foreign account can use their money through their multi-currency card free of charge.
Xfermoney's P2P platform on blockchain will not only reduce the cost of the infrastructure, it will also give us an advantage to expand our platform and adapt it to a new set of emerging digital currencies.
Token and Distribution
The XFM is an ERC 20 token built on the Ethereum network and is used to power the XferMoney platform. XFM is a way to reward or be rewarded for your collaboration on the platform and each of your fund transfer activities has the associated cost specified in XFM. As funds transfer operations are carried out on the platform, the same platform will benefit from a commission between the participants in the transaction.
- Token: XFM
- Timelines (Phase 1): Sales Crowd - Feb 16 2018 to Mar 31 2018
- Total XFM supply: 250,000,000,000,000
- Distribution of wholesale sales: 87,500,000
- Retail price XFM1 ETH = 8000 XFM
- Individual investment APC: None
- Presales available: Yes
- Pre-sales quota: Unlimited, same as large-scale sales allocation.
- Retail price1 ETH = 8000 XFM chips
- Max Stop: 5 million (USD)
Team
- Sumit Kumar - Founder / CEO
- Shivam Kumar - Technology Leader
- Dipankar Mishra - Senior Business Advisor
- Gaurav Jha - Technology Consultant
- Chetas Sankhesara - Senior Software Programmer
- Vipin Goyal - Project Resources Manager
For more information visit the related links and live the experience of belonging to xfermoney.
Web site: https://xfermoney.io/
White paper: https://xfermoney.io/wp-content/uploads/2017/12/XferMoney_Whitepaper_1.0.pdf
Twitter: https://twitter.com/XferMoney
Facebook: https://www.facebook.com/Xfermoney-136308600385196
Medium: https://medium.com/@xfermoney
Telegram: https://t.me/xfermoney
Reddit: https://www.reddit.com/user/xfermoney
ANN: https://bitcointalk.org/index.php?topic=2667864
Author: dubraskam
Profile: https://bitcointalk.org/index.php?action=profile;u=1947942
Myetherwallet: 0x46B68c1923AE5597daAfa11e3C09079B10A66659