Ferrum Network ICO (Initial Coin Offering) | Coinspeaker

Ferrum Network is a high-speed interoperability network built for real- world financial applications. It is comprised of two interconnected elements: (1) a DAG-based interoperability network that can connect to nearly any blockchain enabling peer-to-peer transactions of any digital asset in milliseconds, and (2) the vertically integrated financial applications running on the network that allow users to buy, sell, transact, exchange and store any digital asset without taking custody of those assets. The network is powered by the native Ferrum Network utility token, or FRM. Each transaction requires a nominal of FRM be spent and burned to attach proof to the transaction and as an anti-spamming measure. Our product line includes a live fiat gateway plus payments app called Kudi Exchange. Kudi Exchange is a fast, low cost platform for buying and selling digital currencies combined with a revolutionary peer- to-peer payments app allowing users to instantly send fiat currency with no banking intermediaries. It is also the first fiat-to-crypto exchange in West Africa with access to a U.S. Dollar backed stable coin. Our non- custodial crypto wallet, UniFyre Wallet, will allow users to transact any digital asset with no counter-party risk, and provides revolutionary capabilities such as risk-free OTC trading, instant market trades, and safety features to prevent accidental loss. Later we will address our remaining products: a high-speed cross-chain decentralized exchange, and a low-cost cold wallet application that operates on an offline Android phone. Imagine sending Bitcoin in milliseconds, exchanging any asset peer-to-peer over a high-speed interoperability network, or sending digital fiat with no intermediary. It is all possible with Ferrum Network.

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ICO’s Details

  • GENERAL INFORMATION
  • ICO Opening Date:

    Wed, Jul 31st, 2019 12:00 AM

  • ICO Closing Date:

    Wed, Aug 14th, 2019 12:00 AM

  • Country of Origin:

    Malta

  • TOKEN DETAILS
  • Symbol:

    FRM

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Naiem Yeganeh - Founder & CEO
Ian Friend - Co-Founder, COO
Erik Powers - Financial strategist
Dominik Swierkot - Head of Marketing
Hadjar Homaei - Senior Engineer
Afshin Abadi - Quantitative Data Scientist
Pokey Rule - Distributed Systems Expert
Benjamin Blatt - Strategic investor
Tarek Hamed - Growth Hacker

Advisors

Etiënne vantKruys
Emeka Enu
Germaine Ifudu
Hamed Ahmadi
Jing Cheng

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Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

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