The EXMR website claims that it is a massive improvement over Monero and alludes to using the privacy functionality of the Ethereum Blockchain Metropolis Hardfork.
What they say EXMR does:
1) PoW, PoS
2) Faster Blocktimes
3) zkSnarks
4) Payments + Smart contracts
5) Lightning Network, Sharding and Plasma
6) Privacy coin based on Monero
What EXMR actually is:
1) A copy and paste of the ERC20 token solidity file you can find on https://www.ethereum.org/token
2) A scam
This is why you always DYOR. Idiots are excited about this project because they ripped off Monero's branding but in truth this has nothing to do with Privacy and nobody will buy it to make massive private transactions like they will with Monero/ Verge etc.