xMoney
XMN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
XMN (xMoney) is the successor token to UTK, designed as a MiCA-regulated cross-border payments asset deployed across Sui and MultiversX. Active development is a clear strength (7.0/10), evidenced by multi-platform SDK releases, a native MultiversX deployment in April 2026, and the XMN 3.0 whitepaper. Team and governance (6.5/10) reflect $21.5M in funding and experienced advisors, though governance remains corporate-anchored with 50% insider/treasury supply concentration. Tokenomics (5.5/10) and Community Support (5.5/10) are moderate, impacted by a low initial float (~6.5%), decade-long emission overhangs, and limited third-party engagement metrics. The primary vulnerabilities lie in Market and Use Case (4.5/10) and Security and Audit History (4.5/10), driven by micro-cap liquidity, stiff competition from dominant stablecoin incumbents, and an unverified external smart contract audit status on CertiK despite claims in project whitepapers. No qualifying red-flag events, exploits, or regulatory enforcements were identified. The overall score is calculated as the weighted average of all six sections (5.65/10).
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About xMoney (XMN)
xMoney (XMN) is a payments-focused cryptocurrency and the successor token to UTK, launched under European Union MiCA regulatory standards across the Sui and MultiversX networks. The project serves as a digital payment rails infrastructure designed for cross-border transactions, merchant settlement, and platform fee reductions. Following its initial rollout in late 2025 after securing $21.5 million in funding, the platform expanded its technical infrastructure to include software development kits across mobile and web platforms, alongside a native deployment on MultiversX in April 2026.
The tokenomics of XMN feature a fixed maximum supply of 10,000,000,000 tokens with utility structured around payment facilitation, staking, loyalty incentives, and merchant fee tiers. The project employs a hybrid governance model where community voting via staking is restricted to platform features rather than core corporate decisions. Approximately 50% of the total token supply is allocated to internal reserves, operations, and early investors, accompanied by a low initial circulating float of roughly 6.5% at launch and a decade-long vesting and emissions schedule.
From a risk and security perspective, xMoney maintains a clean record with no reported smart contract exploits, hacks, or active regulatory enforcement actions. However, public security tracking data highlights a transparency discrepancy: while the project's documentation references completed security audits, major security evaluators such as CertiK list no verified third-party smart contract audits on record for the XMN token contracts. Additionally, the asset operates with a micro-cap valuation and thin liquidity, competing directly against entrenched payment assets and stablecoin providers.