Ferrum Network ICO Is set to hold tommrow on the 1st of August, this post gives a sleek view of what ferrum network is all about, token metrics, team strength, and usecase of the project
OVERVIEW
Ferrum Network comprised two elements which is DAG-based interoperability network to enabling P2P transaction of any digital asset in milliseconds and integrated financial applications on the network to building a high speed interoperability network for real world financial applications.
✅ The DAG ledger - Fast transactions, minimal network fees and no miners
✅ Interoperability Network - Interoperate with any blockchain/network
✅ Decentralized Proxy Tokens - Enable the exchange/transaction of any digital asset, including digital fiat
✅ High Frequency Trading - Native support to move assets off-chain and perform high frequency trades and transactions for nominal costs
-------- Highlights Project --------------
💎Prototype : Yes (Kudi)
👨💻Team : Pro
TOKEN INFORMATION
💰Total Hardcap : $1,120,000 USD
💵 IEO Token Price: $0.016 USD
🏦 Exchanges: T2
💸Largest Discount:
Seed round: 40% Bonus (40% tokens released after 30 days of TGE, then 40% unlocked after 60 days of TGE, 20% unlocked after 90 days of TGE)
Private round : 15% Bonus (40% tokens released at TGE, then 40% unlocked after 30 days of TGE, 20% unlocked after 60 days of TGE)
📆 Private Sales : Ended
🗓 IEO Exchanges : T2
⌛️Token Type: ERC-20
⌛️Total Tokens: 331,718,750 total tokens, 40% for token sales (125,000,000 Tokens) [See Note]
📊Long-term : Depends
💣 Dump Alert: No
⚖️ Initial Circulating Supply: $742k USD
👨💻 Team members:
Naiem Yeganeh - CEO (Software Engineer 3 years+ in Amazon(Multinational technology company with 931B marketcap), Engineering and Machine Learning 2 years+ in Bloomberg(Software company with revenue 9.7B in 2017 year)
Hadjar Homaei - Software Development Engineer 2 years+ in Amazon(Multinational technology company with 931B marketcap),
👨🚀Advisor members:
Emeka Enu - TLG Ventures
Paul Veradittakit - Board Member in Blockfolio, partner in Pantera Capital Venture Capital
Etiënne vantKruys - Token Research Group, Strategic Advisor Gochain, Strategic Advisor Linix, Strategic Advisor Magnachain, Strategic Advisor phantasma
🚊Roadmap:
- Q3 2019 - Public Testnet Launch
- Q4 2019 - Mainnet Launch
- Q2 2020 - Sub Zero Wallet Release
- Q3 2020 - Expand fiat gateways, Infinity DEX
- Q4 2020 - Payment platform
🤝Partnership / Investor = Fusion(0.78x currently), Gemini, Token Research Group, TLG Ventures, hydro
CONCLUSION
Ferrum Network has a good Team and their advisory team is also good, this will give them direction on achieving their long term goal . its ICO is launching on 1st august with a secured listing on bitmax.io which ia a top exchange. This project hqs everything it needs to succeed
For more information visit:
WHITEPAPER
ANN THREAD
FACEBOOK
TWITTER
MEDIUM
REDDIT
Author:
Btt username: Freny250
Btt profile link:
https://bitcointalk.org/index.php?action=profile;u=2528207