Ferrum Network

Ferrum Network

ICO Ended
9,482 Views
Ferrum Network, designed by a distributed systems expert with over ten years experience at the world’s biggest tech companies, was built to address two fundamental problems impeding the mainstream adoption of cryptocurrencies: slow transaction speeds and the lack of interoperability between networks. Instead of building a standalone network, Ferrum Network leverages the values of existing blockchains and connects them to a high-speed transaction layer that enables peer-to-peer transactions of any digital asset.
Ferrum Network is a high-speed interoperability network for real-world financial applications. Ferrum's revolutionary technology brings networks together for high-speed and low-cost transaction experience, for most digital assets: BTC, ETH, XRP, EOS, Zcash, and hundreds more. Ferrum Network aims to empower millions around the world with advanced financial products including fiat gateways, non-custodial wallet and the DAG-based blockchain in which our native token will utilize.
9.1
TOTAL SCORE
8.8
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 31 July 2019 - 01 Aug 2019
Whitelist/KYC: Whitelist + KYC
Country: Malta
Token info
Ticker: FRM
Platform: Ethereum
Token Type: ERC-20
Available for sale: 132,687,500 FRM (40%)
Total supply: 331,718,750 FRM
Financial
Raised $ 1,120,000
ICO Price: 1 FRM = 0.016 USD
Accepting: ETH
Hard cap: 1,120,000 USD
Q1 2018
Testnet Prototype Developed.
Q2 2018
Finalist at Consensus 2018 Pitch Competition.
Q3 2018
UniFyre Wallet beta release w/OTC trading support.
Q4 2018
MVP complete w/BTC, XRP and ERC-20 support.
Q1 2019
Kudi Exchange release.
Q2 2019
Kudi Business features release.
Q3 2019
Public test-net launch.<br /> Public sale.<br /> UniFyre Wallet release.
Q4 2019
Interoperability network main-net launch.
Q2 2020
Sub-Zero Wallet release.
Q3 2020
Infinity DEX w/advanced features release.<br /> Expand fiat gateways into new markets.
Q4 2020
Payments platform and more.
Screenshots taken on 11 Jul 2019
Naiem Yeganeh
Founder, CEO and Lead Developer
Participates in a number of projects
Ian M. Friend
Co-Founder, COO and General Counsel
Participates in a number of projects
Erik Powers
Financial Strategist
Participates in a number of projects
Dominik Swierkot
Head of Marketing
Participates in a number of projects
Hodjar Homaei
Senior Engineer and Product Lead
Participates in a number of projects
Benjamin Blatt
Strategic Investor
Participates in a number of projects
Pokey Rule
Distributed Systems Expert
Participates in a number of projects
Afshin Abadi
Quantitative Data Scientist
Participates in a number of projects

Advisors (6)

Etiënne Vantkruys
Participates in a number of projects
Emeka Enu
Participates in a number of projects
Germaine Ifudu
Participates in a number of projects
T.K. Hamed
Participates in a number of projects
Jing Cheng
Participates in a number of projects
Hamed Ahmadi
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Aimedis
Aimedis is an AI backed, blockchain and smart contract supported medical ecosystem, that changes the way patients, doctors, and hospitals communicate, connect and handle information. Using the Aimedis platform, users can store, secure and share their medical information only with the people they want to share it with by using the Aimedis right management system. Beside the records, AImedis offers videochat and communication with other patients and doctors, online prescriptions, online appointments, learning content, the inclusion of fitness trackers and devices like ECG or bloodpressure monitors into the system, while all transactions inside the system are backed by our porprietary private AIMChain blockchain, while the token is bound to a public blockchain (Aimedis dual-blockchain model). AIMSocial will be the new incentivised and decentralized medical social network where patients can help other patients and get rewarded for it, while the system is supported by AI.
Upcoming
GoRecruit
GoRecruit is an AI recruitment system based on blockchain technology, which offers a new way of evaluating job applicants. The AI system, being a convenient online service, enables making HR decisions based on the analysis of data from social networks and publicly available sources. To select applicants for an interview, one does not need to spend several hours for processing and analyzing the data: one will acquire the detailed information with recommendations immediately after the authorization of a candidate in the GoRecruit system. This approach will make access to vacancies more open, eliminate human error in hiring, as well as reduce the cost of HR service by optimizing routine work.
Upcoming
Escrowblock
The aim of the project is to create an EscrowBlock platform for the Ethereum network blockchain. Such a platform can work as an independent environment, or be integrated into other Smart contracts, to provide escrow services as part of any other projects. The team will start the project on Mainnet Ethereum blockchain and then make a fork for providing an independent service.
Upcoming
ORCA Alliance
Control your money, savings and crypto assets from one application. Benefit from simple and intuitive user interface to manage your cash flows. ORCA Platform merges a variety of financial service providers. Access payment cards, lending services, make instant transactions to crypto wallets, exchanges and bank accounts.
Pre-Sale
Planport
The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a decentralized business-to-business platform for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers. While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest. The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry. Planport, as part of Planport Platform, has built and is building the following products: Planport RFX - a procurement product for buyers and sellers. Planport Supplier Manager - a product for enterprises to communicate with and assess suppliers. Planport Auctions - a product for performing reverse auctions with multiple suppliers. Planport Payment Systems - a payment system empowered by the PORT token for business-to-business payments. Planport Contracts - a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks - an on-demand network of supply chain experts for enterprises. Plnaport Invoice Marketplace - a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.