Xfermoney （XFM）

XferMoney is an unusual project. There’s very little information about the platform available online or in the XferMoney whitepaper. Here’s how the official website explains the core functions of the platform:

“All verified users on Xfermoney platform can send money overseas to others, to their own accounts or can spend money using Xfermoney debit card while travelling and it all works in very simple steps.”

Obviously, any digital currency can be sent internationally with low fees. It’s unclear what types of advantages XferMoney has over other digital currencies or blockchain-based remittance solutions.

It’s also important to note that XferMoney isn’t even going to start developing the project until Q2/Q3 2018 – weeks after the token sale is over. A beta release of the platform isn’t scheduled until Q1 2019. Typically, you’d like to see more before investing in a company.