SALE BEGINS IN
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.
Like the Lightning Network for every blockchain, Ferrum’s revolutionary technology brings networks together, for a consistently high-speed, low-cost transaction experience for every digital asset, whether BTC, ETH, XRP, EOS, Zcash, and so forth. It even works with fiat currencies.
Start: 31st July 2019
End: 14th August 2019
Whitepaper: Read whitepaper
Role of Token: Used in lieu of proof of work, or in addition to it. Users can therefore add weight to their transactions by spending FRM instead of, or in addition to, proof of work. When FRM is used to execute a transaction, the token is burned.
Product Status: ICO
ICO Category: Business ICO
Team Leads: Naiem Yeganeh – Founder & CEO, Ian Friend – Co-Founder, COO, Erik Powers – Financial strategist
Token Symbol: FRM
Where to Buy token: Ferrum Network Website
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