[ANN] Ferrum Network - Pioneering Interoperability 2.0 | FAS Pre-Sales 🔥

[herurist]

Every day we are asked the question whether we will conduct an initial exchange offering (IEO), ICO, IDO or whatever else exists out there…

It’s finally time to give you the answer you deserve: Ferrum will conduct an initial utility token offering (ICO) with a quick exchange listing afterwards. Ferrum will NOT conduct an IEO. There are a number of reasons we opted against an IEO, but they fundamentally come down to two things we often talk about — the community, and our long term vision.

Medium Article

If that is the best and the best decision for the future why not, indeed the IEO is currently being used and even successful in its sales on Launchpad but if Ferreum will do the ICO I will support it.

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[traveler007]

Do they have only $1,120,000 hardcap and $820,000 already raised on private sale or pre-sale (this information accodrding Icodrops) ? Is this correct? When will ICO starts?

[Ferrum Network]

Do they have only $1,120,000 hardcap and $820,000 already raised on private sale or pre-sale (this information accodrding Icodrops) ? Is this correct? When will ICO starts?

Yes, this information is correct. The ICO Date is going to be revealed pretty soon, along with how whitelisters are going to be handled. The complete information recap about the sales is also included in the article which explains the ICO: https://medium.com/ferrumnetwork/public-sale-info-ieo-or-ico-9f91920d9a28

If you have any further questions, do not hesitate to join our Telegram group: https://t.me/ferrum_network

[herurist]

Do they have only $1,120,000 hardcap and $820,000 already raised on private sale or pre-sale (this information accodrding Icodrops) ? Is this correct? When will ICO starts?

Yes, this information is correct. The ICO Date is going to be revealed pretty soon, along with how whitelisters are going to be handled. The complete information recap about the sales is also included in the article which explains the ICO: https://medium.com/ferrumnetwork/public-sale-info-ieo-or-ico-9f91920d9a28

If you have any further questions, do not hesitate to join our Telegram group: https://t.me/ferrum_network

We are waiting for the ICO who will start Ferrum as our right choice and I will see it after the ICO goes ahead, hopefully it will be good.

[traveler007]

Do they have only $1,120,000 hardcap and $820,000 already raised on private sale or pre-sale (this information accodrding Icodrops) ? Is this correct? When will ICO starts?

Yes, this information is correct. The ICO Date is going to be revealed pretty soon, along with how whitelisters are going to be handled. The complete information recap about the sales is also included in the article which explains the ICO: https://medium.com/ferrumnetwork/public-sale-info-ieo-or-ico-9f91920d9a28

If you have any further questions, do not hesitate to join our Telegram group: https://t.me/ferrum_network

Thank you for answer. Will you have some limit per participant? What discounts were for private sale investors? And do you have agreement with some good exchanges about listing?

[Ferrum Network]

Dear Ferrum Network Community,

Things really started to heat up in the month of June! For those who missed the big ICO announcement, and other major news, here’s a brief rundown of monthly our traction.

   

• Launched our new website with UniFyre Wallet waitlist
• Announced we are conducting an ICO not an IEO based on fairness to the community
• Closed the whitelist after massive support came flooding in
• Successfully completed the private sale in less than 10 days with huge demand
• Started our Asia Marketing Campaign, by hiring a full-time Chinese CM and opening Chinese Telegram and We Chat channels
• Continued to grow Kudi Exchange, which was featured on the BBC (watch BBC piece here), acquiring users daily based on our marketing /commercial, and started to earn revenue!

Medium Article

Do they have only $1,120,000 hardcap and $820,000 already raised on private sale or pre-sale (this information accodrding Icodrops) ? Is this correct? When will ICO starts?

Yes, this information is correct. The ICO Date is going to be revealed pretty soon, along with how whitelisters are going to be handled. The complete information recap about the sales is also included in the article which explains the ICO: https://medium.com/ferrumnetwork/public-sale-info-ieo-or-ico-9f91920d9a28

If you have any further questions, do not hesitate to join our Telegram group: https://t.me/ferrum_network

Thank you for answer. Will you have some limit per participant? What discounts were for private sale investors? And do you have agreement with some good exchanges about listing?

No problem.

1) Yes there will be a limit per participant in the sale, mostly abiding by the legal framework.
2) Yes, we exchanges lined up and are continuously in negotiations/discussions with many more.
3) The Privatesale/seed funding (which all are completed) is as follows (with lock-up times):

Seed Round:

Amount Raised: $120,000 (40% Bonus)
Token Price: $0.0114 (with bonus factored in)
Token Distribution: Unlocks 40/40/20: 40% unlocked after 30 days from TGE; 40% after 60 days from TGE; 20% after 90 days from TGE

Private Sale I:

Amount Raised: $500,000 (15% Bonus)
Token Price: $0.0139 (with bonus factored in)
Token Distribution: 40% at TGE; 40% after 30 days from TGE; 20% after 60 days from TGE

Private Sale II:

Amount: $200,000 (0% Bonus)
Token Price: $0.016
Token Distribution: 40% at TGE; 40% after 30 days from TGE; 20% after 60 days from TGE

[larks500]

Ferrum Network Bounty Campaign published on http://bountylord.com/. Please let me know if changes or corrections are required.

I wish good luck to all Bounty Hunters!

[igorttomic]

June 2019 Traction Update: https://www.publish0x.com/ferrum-network/june-2019-traction-update-xvwoxn


Public Sale Info: IEO or ICO… https://www.publish0x.com/ferrum-network/public-sale-info-ieo-or-ico-xwqpzd

[frcat]

With such low hardcap this project will definitely bring good profit for investors, while competitors with own blockchain has much more cap.  Its definitely worth to take part. If FRM be listed to good exchanges after token sale, I hope at least for several xx 

[Ferrum Network]

Metrics Series Part 3: Our Low Cap Explained

Hello Community,

We have been getting some questions about our low raise and how it will impact our roadmap goals. We did not expect to hear this many questions about our hardcap of $1.12 million. Maybe it’s because some cryptocurrency investors are used to astronomical raises. Or maybe it’s because some lost sight for long-term strategies and assume everything must be paid for with ICO funds.

Medium Article

[Machine Funk]

Since noone replies anywhere else I will here.
I am not getting my bounty stakes

Here is proof. I was marked with red which means I didn't post.

My posts are right here.

https://bitcointalk.org/index.php?topic=5149764.msg51554318#msg51554318
https://bitcointalk.org/index.php?topic=5150222.msg51554379#msg51554379
https://bitcointalk.org/index.php?topic=5155644.msg51554402#msg51554402
https://bitcointalk.org/index.php?topic=5153990.msg51554446#msg51554446
https://bitcointalk.org/index.php?topic=5150243.msg51554480#msg51554480
https://bitcointalk.org/index.php?topic=2426759.msg51554650#msg51554650
https://bitcointalk.org/index.php?topic=5082128.msg51554716#msg51554716
https://bitcointalk.org/index.php?topic=5138397.msg51572429#msg51572429
https://bitcointalk.org/index.php?topic=5157098.msg51572577#msg51572577
https://bitcointalk.org/index.php?topic=5144263.msg51573005#msg51573005


I did not post last week because of this and I will not post this week since no one seems to care.

[Ferrum Network]

Since noone replies anywhere else I will here.
I am not getting my bounty stakes

Here is proof. I was marked with red which means I didn't post.

My posts are right here.

https://bitcointalk.org/index.php?topic=5149764.msg51554318#msg51554318
https://bitcointalk.org/index.php?topic=5150222.msg51554379#msg51554379
https://bitcointalk.org/index.php?topic=5155644.msg51554402#msg51554402
https://bitcointalk.org/index.php?topic=5153990.msg51554446#msg51554446
https://bitcointalk.org/index.php?topic=5150243.msg51554480#msg51554480
https://bitcointalk.org/index.php?topic=2426759.msg51554650#msg51554650
https://bitcointalk.org/index.php?topic=5082128.msg51554716#msg51554716
https://bitcointalk.org/index.php?topic=5138397.msg51572429#msg51572429
https://bitcointalk.org/index.php?topic=5157098.msg51572577#msg51572577
https://bitcointalk.org/index.php?topic=5144263.msg51573005#msg51573005


I did not post last week because of this and I will not post this week since no one seems to care.

We care quite a bit, but if you're posting on Bitcointalk bounty forum expecting a support response there, then that's not a good way to go about it, due to the relentless and amount of daily posts bounty threads generally receives.

There are several ways in which you can contact us, one is Telegram or messaging Bubbalex directly on Bitcointalk and or Telegram. As of now I've seen you reached us out on Telegram, in which you were responded to almost instantly. Any further reasoning why you weren't allocated could be for various of reasons not pertaining to your posts directly. The rules of the bounty are stated in the beginnings of the topic: https://bitcointalk.org/index.php?topic=5135250.0

Feel free to message an admin on Telegram directly if your issue is not resolved or you've not been appropriately responded to.

[bubbalex]

Since noone replies anywhere else I will here.
I am not getting my bounty stakes

Here is proof. I was marked with red which means I didn't post.

My posts are right here.

https://bitcointalk.org/index.php?topic=5149764.msg51554318#msg51554318 post from June 21, 2019, 11:28:52 PM
https://bitcointalk.org/index.php?topic=5150222.msg51554379#msg51554379 post from June 21, 2019, 11:34:01 PM
https://bitcointalk.org/index.php?topic=5155644.msg51554402#msg51554402 post from June 21, 2019, 11:37:36 PM
https://bitcointalk.org/index.php?topic=5153990.msg51554446#msg51554446 post from June 21, 2019, 11:42:55 PM
https://bitcointalk.org/index.php?topic=5150243.msg51554480#msg51554480 post from June 21, 2019, 11:48:25 PM
https://bitcointalk.org/index.php?topic=2426759.msg51554650#msg51554650 post from June 22, 2019, 12:10:10 AM
https://bitcointalk.org/index.php?topic=5082128.msg51554716#msg51554716 post from June 22, 2019, 12:21:38 AM
https://bitcointalk.org/index.php?topic=5138397.msg51572429#msg51572429 post from June 23, 2019, 12:52:32 PM
https://bitcointalk.org/index.php?topic=5157098.msg51572577#msg51572577 post from June 23, 2019, 01:05:40 PM
https://bitcointalk.org/index.php?topic=5144263.msg51573005#msg51573005 post from June 23, 2019, 01:48:39 PM

I did not post last week because of this and I will not post this week since no one seems to care.

https://bitcointalk.org/index.php?topic=5135250.msg51657102#msg51657102
Answered you twice already, you banned forever. Don't ignore rules in future.

Even in this accusation you submitted wrong report, which will never be rewarded. Just to let you know, we have such bounty weeks:
16.06 - 22.06
23.06 - 29.06
We haven't week 21.06 - 23.06 and you haven't required amount of posts for our real weeks, only in your own imagined week.

You super shady and untrustworthy person, didn't posted anything for long period, now joined Ferrum, posted around 10 posts for couple weeks, when required minimum 10/week and angry asking for reward, when haven't earned even 1 token because didn't read rules and did all wrong. Never try to join in my bounty campaigns again, you will be banned anyway, goodbye. Next time I'll neg tag you.

[igorttomic]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

[Ridho_ost]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

I was very impressed with the very brave ferrum. teams in the fairly moderate funds income in carrying out this project. Will there be no more changes later to raise funds later. And will it be affected to the ferrum tokens later?

[Ferrum Network]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

I was very impressed with the very brave ferrum. teams in the fairly moderate funds income in carrying out this project. Will there be no more changes later to raise funds later. And will it be affected to the ferrum tokens later?

We have yet to reveal the full details of the Ferrum Reserve Model. But in terms of raising funds after the exchange, this is something that will not occur, but has never been discussed internally. So there is no plans or future plans to do so. We're confident in our raise and our financial forecasts to run Ferrum in a healthy manner.


Ferrum Network also launched its first product Kudi Exchange, which has been featured on BBC World news and is currently operational in Africa. So essentially, part of the network has been launched, with the mainnet set to launch Q4 2019 or Q1 2020, which is primarily what the raise is for along with operations. Source: BBC Segement on YouTube

[gembira]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

I was very impressed with the very brave ferrum. teams in the fairly moderate funds income in carrying out this project. Will there be no more changes later to raise funds later. And will it be affected to the ferrum tokens later?

We have yet to reveal the full details of the Ferrum Reserve Model. But in terms of raising funds after the exchange, this is something that will not occur, but has never been discussed internally. So there is no plans or future plans to do so. We're confident in our raise and our financial forecasts to run Ferrum in a healthy manner.


Ferrum Network also launched its first product Kudi Exchange, which has been featured on BBC World news and is currently operational in Africa. So essentially, part of the network has been launched, with the mainnet set to launch Q4 2019 or Q1 2020, which is primarily what the raise is for along with operations. Source: BBC Segement on YouTube

Is this will be your own exchange or third-party owners? Will you have exchange tokens (for reduced trading fees etc) like this has Binance, Huobi, Kucoin and other exchanges? It will be your FRM token or another one?

[Ferrum Network]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

I was very impressed with the very brave ferrum. teams in the fairly moderate funds income in carrying out this project. Will there be no more changes later to raise funds later. And will it be affected to the ferrum tokens later?

We have yet to reveal the full details of the Ferrum Reserve Model. But in terms of raising funds after the exchange, this is something that will not occur, but has never been discussed internally. So there is no plans or future plans to do so. We're confident in our raise and our financial forecasts to run Ferrum in a healthy manner.


Ferrum Network also launched its first product Kudi Exchange, which has been featured on BBC World news and is currently operational in Africa. So essentially, part of the network has been launched, with the mainnet set to launch Q4 2019 or Q1 2020, which is primarily what the raise is for along with operations. Source: BBC Segement on YouTube

Is this will be your own exchange or third-party owners? Will you have exchange tokens (for reduced trading fees etc) like this has Binance, Huobi, Kucoin and other exchanges? It will be your FRM token or another one?

Kudi Exchange is apart of the Ferrum Network, there is a separate team working on it under Ferrum Network.

In terms of FRM, it will act as the gas for the Ferrum Mainnet, but our Infinity Dex is set to go live in the later half of 2020 in which will be benefited (in terms of Fees) by FRM holders. FRM will always be the link between all Ferrum Network's products and will serve as the gas of the network.  

[gembira]

Kudi Exchange is apart of the Ferrum Network, there is a separate team working on it under Ferrum Network.

In terms of FRM, it will act as the gas for the Ferrum Mainnet, but our Infinity Dex is set to go live in the later half of 2020 in which will be benefited (in terms of Fees) by FRM holders. FRM will always be the link between all Ferrum Network's products and will serve as the gas of the network.  

Will you have DEX and CEX exchange? When will your Kudi Exchange centralized is going to be live? What advantages will have token holders? How about make FRM token as native token in your exchange like BNB on Binance?

[royalfestus]

Metrics Series Part 3: Our Low Cap Explained: https://www.publish0x.com/ferrum-network/metrics-series-part-3-our-low-cap-explained-xzwmdz

I was very impressed with the very brave ferrum. teams in the fairly moderate funds income in carrying out this project. Will there be no more changes later to raise funds later. And will it be affected to the ferrum tokens later?

We have yet to reveal the full details of the Ferrum Reserve Model. But in terms of raising funds after the exchange, this is something that will not occur, but has never been discussed internally. So there is no plans or future plans to do so. We're confident in our raise and our financial forecasts to run Ferrum in a healthy manner.


Ferrum Network also launched its first product Kudi Exchange, which has been featured on BBC World news and is currently operational in Africa. So essentially, part of the network has been launched, with the mainnet set to launch Q4 2019 or Q1 2020, which is primarily what the raise is for along with operations. Source: BBC Segement on YouTube

Is this will be your own exchange or third-party owners? Will you have exchange tokens (for reduced trading fees etc) like this has Binance, Huobi, Kucoin and other exchanges? It will be your FRM token or another one?

Kudi Exchange is apart of the Ferrum Network, there is a separate team working on it under Ferrum Network.

In terms of FRM, it will act as the gas for the Ferrum Mainnet, but our Infinity Dex is set to go live in the later half of 2020 in which will be benefited (in terms of Fees) by FRM holders. FRM will always be the link between all Ferrum Network's products and will serve as the gas of the network.  

Its a long roadmap with development in series which could keep the community regularly expectant and motivated. They already got a working product, which could help to clear doubt of running a way with the money. I receive the questions on how the low hard-cap could fund demands by exchanges but I know we might not need high volume exchanges at the beginning while the project grows.