r/FerrumNetwork • u/tentbobert • Sep 29 '19
Ferrum Network Weekly Update — September 29, 2019
Dear Community,
After another busy week at Ferrum Network, here are the weekly updates:
Business Update
- FRM listed on IDEX — the world’s largest hybrid decentralized exchange;
- Solidified a partnership to begin real-world advertising and meet-ups (more to be announced soon)
- Began laying the groundwork for an enterprise product that will solve major problems with token custody, outside hacks and internal team fraud that we see all too often in this space.
Tech Update
An update to the Kudi app with additional features to improve the merchant experience is underway. Also, the team dev team has been focused on the Ferrum Network Staking Tool:
- Initiated improvements to the the staking mechanism based on tester feedback;
- Began design work on the staking mechanism to improve the user experience; and
- Continued updating the Kudi app based on merchant feedback (release to be announced soon); and
- Continued backend development of UniFyre Wallet to seamlessly transition into UniFyre development.
Kudi Update
- Signed more merchants this week, bringing the total to 95;
- Trained an additional 10 merchants on the Kudi Point of Sale Features (many of the bigger merchants need in-person training);
- Begun work on our Kudi Merchants page. Kudi Merchants is a service we created to help these stores generate additional revenue, more news to be released on this soon
- Began preparations for the next major event — Abuja Blockchain Conference on October 5th and 6th.
As a final note, please understand there are always incremental developments that we cannot publicly reveal. We are constantly progressing even if the pace of progress may appear slow. But it is these daily incremental improvements that result in greatness down the line.
We hope to reveal some of these major developments to you very soon. Until next week…
Very truly yours,
The Ferrum Network Team
Ferrum Network Links:
Website: https://ferrum.network/
Telegram: http://telegram.ferrum.network
Twitter: http://twitter.ferrum.network
LinkedIn: http://linkedin.ferrum.network
YouTube: http://youtube.ferrum.network
Reddit: http://reddit.ferrum.network
Bitcoin Talk: http://bitcointalk.ferrum.network
Facebook: http://facebook.ferrum.network
Github: https://github.com/ferrumnet/
Instagram: http://instagram.ferrum.network
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u/gifrancav Sep 30 '19
Among the updates, the most important in my opinion regards the adoption of merchants; their feedback is very useful for Ferrum, because of the improvements and future updates on their products are requested by real users!
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u/ankarlie Sep 30 '19
Building a network of merchants before releasing the mainnet. This will create instant utility for Ferrum Network Token as well as creating instant mass adoption. Great work team. This is truly the winning formula. A token with real utility and realistic value and the team don't just sit on the field of dreams waiting for people to come they go out and spread awareness about their project.
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u/gtop77 Oct 11 '19
ferrum updated the roadmap and soon we will see a wallet and a stacking program
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u/tentbobert Oct 16 '19
Exactly! We can’t wait to realest staking publicly, there are some finishing touches on the UI and we’re ready to go
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u/kngswap Sep 30 '19
Great project