Average rating : MEDIUM
Ferrum: the world’s first peer-to-peer network with built in support to read across all blockchains.
DECENTRALIZED EXCHANGE: Ferrum is a decentralized exchange that allows for exchange of crypto accross blockchains without counterparty risk.
TRANSACTION LAYER FOR ALL: Ferrum is a cheap and fast transaction layer for cryptos that are not presently scalable and are expensive to transact.
DEMOCRATIZING VALUE: Developers of almost any kind can write plug-ins to onboard their crypto onto the Ferrum ecosystem.
|Crowd-sale:||TBA - ...||NOT STARTED||0 /530,000 USD raised|
Raised: 0 of 6,000,000USD ( 0%)
|Ticker:||FRM||Available for token sale:||40|
|Token type:||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ 10|
|Prototype:||Yes||Pre-sale min/max personal cap:|
|Team:||Crowd-sale token price:||0.0168 USD|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
CryptoDiffer found Ferrum Network as a prominent project in early June 2018 (5 June 2018 https://t.me/cryptodiffer/278) and put it on the radar. Now it’s not a “Stealth Mode” project anymore and we can take a look at it more deeply.
Ferrum Network aims to solve actual problems for cryptocurrency usage in real-world finance applications. The project has already launched its MVP (Kudi Exchange in beta testing) and a private testnet.
The team is solid and experienced enough to deliver products according to their plans. The team consists of good developers with years of experience. Moreover, team and advisors have relations to the blockchain sphere that give them the competitive advantage of the understanding the industry and what it needs.
For the tokenomics part, we can only highlight an extremely low hardcap at this point of time but this info is still yet to be public. We think that tokenomics, with all vesting/lock-up terms, token prices for seed/private round, is reasonable and well-thought.
Ferrum Network has several notable strategy partnerships (KOSMOS, TLG Ventures, Token Research Group, Gemini and Rivetz) that will help the project both with industry insights and product development. But we would like to see more real-world partners of the project.
Still, there is a lack of publicly available information about the project, recent changes in the strategy, updates etc. We will update the review and grade as new information will be announced.see more
|Midgard Research||8 out of 10|