SLEEK REVIEW OF FERRUM ICO

in ferrum •  5 years ago 

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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

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-------- Highlights Project --------------

💎Prototype : Yes (Kudi)

👨‍💻Team : Pro

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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:

  1. 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)

  2. Hadjar Homaei - Software Development Engineer 2 years+ in Amazon(Multinational technology company with 931B marketcap),

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👨‍🚀Advisor members:

  1. Emeka Enu - TLG Ventures

  2. Paul Veradittakit - Board Member in Blockfolio, partner in Pantera Capital Venture Capital

  3. Etiënne vantKruys - Token Research Group, Strategic Advisor Gochain, Strategic Advisor Linix, Strategic Advisor Magnachain, Strategic Advisor phantasma

🚊Roadmap:

  1. Q3 2019 - Public Testnet Launch
  2. Q4 2019 - Mainnet Launch
  3. Q2 2020 - Sub Zero Wallet Release
  4. Q3 2020 - Expand fiat gateways, Infinity DEX
  5. Q4 2020 - Payment platform

🤝Partnership / Investor = Fusion(0.78x currently), Gemini, Token Research Group, TLG Ventures, hydro

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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:

🌏 Website

💬 Telegram

WHITEPAPER
ANN THREAD
FACEBOOK
TWITTER
MEDIUM
REDDIT

Author:
Btt username: Freny250
Btt profile link:
https://bitcointalk.org/index.php?action=profile;u=2528207

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