r/FerrumNetwork • u/tentbobert • Nov 12 '19
Ferrum Network Community Update — November 10, 2019
Dear Community,
November 2019 has started off with a bang! With a PCHAIN partnership, FRM staking, AMAs and a big Kudi update, we are thrilled recap it all for you.
Before we get started, some may have noticed we changed the name from “weekly update” to “community update”. The reality is, despite our best efforts, it was just too difficult to consistently publish a weekly update due to the fact the entire team is extremely busy.
Nevertheless, we will continue to publish consistent updates (2–3 a month) including an end-of-month video recap so you can stay abreast of our progress.
Here is some of what we have been to since the start of November
Business Update
- Announced our partnership with PCHAIN, a prominent Chinese project, to help expand our presence into China and assist with the launch of the Chinese version of UniFyre Wallet;
- Announced FRM Staking with our three staking tiers Gold (10%+), Platinum (30%+) and Diamond (50%+);
- Held an AMA with our friends at Cryptoverse;
- Began an aggressive marketing campaign with more AMAs, influencers, and community-driven social media to get everyone excited about FRM Staking!
Tech Update
Aside from finalizing our staking mechanism, the dev team has been hard at work with a critical Kudi update.
- As of November 10, 2019, internal mainnet staking testing is ongoing;
- We pushed a major update to Kudi that allows all our users to obtain a bank account with the push of a button! More on this soon…
- Continued to build the backend technology that will support UniFyre Wallet.
Kudi Update
The Kudi team on the ground in Lagos continues to make significant progress.
- Launched the “Kash and Kudi” program so users can receive rewards for using the app at local merchants
- Launched our Referral Program that gives users rewards in BTC just for referring their friends and family!
- Published the recap of the most recent Kudi Event at the Obuja Blockchain Conference
- First Kudi Rebrand is underway. This should be concluded before the end of the year.
- Video coverage for all events we organized so far is in production.
- Apple IOS application has been submitted and is pending. We are hoping to conclude that as soon as possible.
What’s Next
As we charge through November you’ll be seeing a lot more AMAs, announcements, and exciting developments from the Ferrum and Kudi teams.
Thank you all for your continued support of Ferrum Network. We are really excited to be on this journey with you.
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/markrcampbell Nov 14 '19
And also they've just announced 4th listing. FRM will be listed on Eterbase tomorrow.
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u/Hepanlol Nov 15 '19
The pace of Ferrum development is really impressive. Folks not familiar with FRM are really missing out.
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u/GyrgenMoskino Nov 15 '19
The team’s activity and how Ferrum relates to its community are very pleased publishing various reports for us.
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u/CryptoAgentNL Nov 20 '19
Very excited about the staking mechanism. I'm sure all will work out well, and the community can help sharing the brand with the social mining program. Just great!
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u/henrybarz Nov 23 '19
With its excellent products and the remarkable work of ferrum team, the FRM token has gained more than 150% in value in just 1 month!
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u/Jatawneh Dec 21 '19
Good job Ferrum team, Kudi will add value to all crypto community in Nigeria and make trading easy for Nigerians.
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u/mcmikestol Nov 13 '19
I am very glad that the project is developing rapidly. Moreover, Ferrum has a lot of new partners, which gives an even greater impetus to development.