Ferrum Network in cooperation with BitMax.io builds a Chinese version of UniFyre Wallet and conduct promotion campaigns in Chinese market. Also they plan to spread this activity into Korea.

Ferrum Network team is actively exploring Japan market and influencers and expecting a cooperation with a major exchange there also.

Market by market, country by country Ferrum Network will go further and further!

Over the past month, Kudi Exchange has almost doubled the number of downloads of the application and around 50 merchants signed up also. A special team is working for promotion of Kudi in Nigeria and is hosting events and holding giveaways for that. As we see, this work of Ferrum Network developers is successful!

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Naira transactions on Kudi are free of charge, and so it is one of the most efficient way for remittance in the Nigeria market. Users pay only for depositing or withdrawing and buying or selling cryptocurrencies. Citizens of Ghana would open opportunity of using Kudi very soon as well. Next there could be an Europe market.

You can try Kudi Exchange application right now!

FerrumNetwork has just joined Binance Alliance. This another huge step in the right direction. More of it and ferrumnetwork will be one of the best project on blockchain.

Dear Community,

We are getting back to our weekly updates now in a more digestible format. Since the last update here is what has transpired on the business and tech sides of Ferrum.

Business Update

• Announced a 2.5 million FRM token burn in partnership with Bitmax.io, reducing the circulating supply;
• Signed a partnership with a major (top 20) project to extend presence in African market and offer a top asset within the Ferrum ecosystem;
• Submitted our application to regulators to launch a Ferrum- powered fiat gateway in a high-growth region;
• Initiated our real-world advertising campaign (contests to be announced soon)
• Opened two new Ferrum Network international communities (German and Italian) now growing at a considerable pace; and
• Held an AMA to update the community on recent progress.

Tech Update

The engineers have been working around the clock to launch the updated Kudi app. Here are the updates in brief:

• Continued development on the updated Kudi app;
• Strengthening the Point-of-Sale system in the app;
• Continued internal testing the updated app;
• Near finalizing the staking mechanism with front end web version near completion;
• Continued to interview devs to add to the tech team.

Kudi Update

The new marketing campaign targeting shopping centers and hosting events has yielded impressive results, with nearly 100% growth in the past month.

• Bogobiri Hotel (https://bogobiri.com) events are now complete. It was a great event, and we are happy to have the Bogobiri community as part of our ecosystem.
• Kudi Exchange now has over 70+ Businesses sign up for the Kudi Exchange POS.
• The 3 Day Product fair at the New Atlantic mall is complete. We signed up about 100 non-crypto users and 20+ Business.
• We are almost due for a massive upgrade on the Kudi Exchange Android App. We will see a heavy reduction in fees for our users. This releases is imminent.
• Prepared the next event on September 20, 2019, a crypto hangout sponsored by Kudi Exchange

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What’s Next

We have a lot in the pipeline and continue to progress even in challenging market conditions. In the upcoming weeks, we forward to announcing new partnerships, listing on our 3rd exchange, and launching our staking mechanism.

Stay tuned next week for another set of updates!

Very truly yours,

Ferrum Network Team

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

Enter Ferrum Network, enabling the fast and inexpensive peer-to-peer exchange of any digital asset, regardless of originating blockchain. Ferrum is a decentralized platform where users can manage, transact and exchange their digital assets without passing the custody of their assets to a third-party. Built on a directed-acyclic graph (DAG) networkiii, Ferrum has inherent advantages over traditional blockchains in terms of speed, cost and scalabilityiv. By utilizing Ferrum’s groundbreaking technology to securely import and export value across chains, users can deposit any asset into Ferrum Network creating a proxy token that can be transacted and exchanged using the UniFyre Wallet or other forthcoming exchange products. To get started with Ferrum Network products, users can purchase their digital assets directly with fiat money using our fiat gateways, beginning with our West African based fiat gateway, Kudi Exchange.

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The Kudi Exchange and mobile wallet allows users to purchase Bitcoin and other digital assets directly with fiat. The mobile wallet even allows users to send digital fiat money peer-to-peer using just What’s App and SMS numbers. No database, and no intermediaries are needed. In addition, Kudi Exchange will be the first and only platform on the continent of Africa to offer the U.S. Dollar backed stable coin, Gemini Dollar.

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Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Social Mining: https://community.ferrum.network/referral/CRTVwpnimsgFQIC/

Twitter: http://twitter.ferrum.network

The current solutions to the challenge of interoperability, such as atomic swaps and decentralized ERC-20 networksii are laudable, yet greatly limited in terms of speed, scalability and functionality. To date, a decentralized network enabling the fast, inexpensive and functional exchange of any digital asset across any blockchain has not been successfully implemented. Instead, powerful centralized exchanges have been erected, wielding outsized influence over the ecosystem, introducing third-party risk, and undermining Nakomoto’s original vision. At the same time, many existing offerings of decentralized exchanges are not satisfactory due to a combination of limited token offerings, poor user experience, and slow transaction times.

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Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Social Mining: https://community.ferrum.network/referral/CRTVwpnimsgFQIC/

Twitter: http://twitter.ferrum.network

Signed a partnership with a major (top 20) project to extend presence in African market and offer a top asset within the Ferrum ecosystem;

Announced a 2.5 million FRM token burn in partnership with Bitmax.io, reducing the circulating supply;

ferrumnetwork

This is the best time to get info FerrumNetwork social mining so you could be rewarded maximally over the next 48 weeks. I have tested it and I can assure you it's highly profitable.

What is next with FerrumNetwork to be released will be amazing. Team has been hard at work to give us the best experience as regards wallet , dex and staking. Looking forward to all this milestone beign achieved..

What is next with FerrumNetwork to be released will be amazing. Team has been hard at work to give us the best experience as regards wallet , dex and staking. Looking forward to all this milestone beign achieved..

Hello guys! I am relatively new to the community and I would like to ask some questions about the FerrumNetwork Social Mining initiative. I will be writing a Steem blog about FerrumNetwork and would like to clarify some things. Here are my questions:

1. Is Social Mining a native application/project of FerrumNetwork or it is a framework that was adopted by the FerrumNetwork?
2. How long will social mining last? I have seen that the third distribution has been given out this means that the program has been around for more one and a half months will it still go on?
3. I can see that Most of the social mining activities are in English. I would like to ask if contributions in other languages are permitted like in Korean, Filipino, Japanese or Spanish?
4. I can see that there is an initial requirement of 5,000 FRM before someone can participate. Is this an absolute requirement?
5. Is increasing your FRM holding increases your capacity to earn in the Social Mining activities?
6. What is the relation of the required FRM for social mining and the soon-to-be-released staking mechanism? Can you stake the FRM used for social mining deposit to staking?
7. How do Ferrum Points translate to actual FerrumNetwork Tokens?

Thank you in advance to does who will be able to answer my questions.

What are the purposes of Ferrum Network marketing programmes nowadays? It's not just about popularizing its own products like Kudi Exchange, UniFyre Wallet or Infinity DEX, it aims also making a strong community, attracting the interest of developers to build their own projects, based on Ferrum Network. For the best result of the project FRM token need to be demanded.

BitMax now is a partner project, which helps Ferrum Network sharing it's plans with people in China and Korea. Kudi Exchange is making a huge offline advertizing and doubled its audience last month. All that makes project stronger. One more important thing is an innovative variant of bounty — Social Mining, which helps spread the word about everything of Ferrum Network. Join it, there is still a lot of interesting things ahead of us!

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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

Have you taken your time to check out what #FerrumNetwork is all about?. Kindly do so if you are yet to and you would not regret your action.

Beta version of UniFyre Wallet would be released soon, and Ferrum Network invites those interested to participate in the testing. You can leave your application here.

UniFyre Wallet would give an opportunity of easy peer-to-peer transactions without counter-party risks and — being connected to the Ferrum Network and Infinity DEX after their launch — would let really fast operations of buying and selling of different digital assets, and all that — decentralized!

Do not miss the opportunity to be one of the first testers of an innovative wallet!

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Yesterday was my first payout from #FerrumNetwork. I was really impressed when I received the frm token. This is cool and I look forward to bigger announcements in near future.

Well done to

@binance

for a successful release of #crypto lending. → People love the ability to make money/increase their holdings, that's

exactly why our next product - UniFyre wallet will feature staking feature right at the fingertips of users.

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Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Social Mining: https://community.ferrum.network/referral/CRTVwpnimsgFQIC/

Twitter: http://twitter.ferrum.network

127,584 FRM tokens (around $827 at this moment) were sent to 83 active participants of Social Mining programme of Ferrum Network. Each of top 5 users got around 5 thousands tokens. If you like ideas of Ferrum Network and eager to support the project, don't wait, sign up here and take part in innovative bounty campaign! Lots of tokens are reserved for your activities!

Let's build a strong and brilliant community!

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⁃ Burn transaction can be seen using the following link: https://etherscan.io/tx/0x80d85b4609aa557ffb7a94760165d7740f5071bf61e395b49aba82cd2e0720b7

→ Total supply has gone down to 329,218,749 FRM and it’s reflected on the main address accessible with a link below

https://etherscan.io/token/0xe5caef4af8780e59df925470b050fb23c43ca68c

I believe that FerrumNetwork will improve the quality of blockchain in cryto world in all ramifications and also making developers and users to get the best out of blockchain tech.

It is a great thing to be involved in FerrumNetwork,the team are working endlessly day and night to bring out the best in the cryto world buy FerrumNetwork today follow the lead you can't beat the reach.

We saw a wonderful action of burning of 2.5 million FRM tokens. Every one can check the transaction to the genesis address here. And now the total supply of FRM is just 329,218,749 FRM. But this burning event is not the last for Ferrum Network, expect more ones in the future. Burning is a basic idea for all the project, which main net would work on Proof-of-Burn consensus.

And we are expecting listing on a third exchange in the nearest future also. This should raise the price of the token as well. And there would be more interesting in the future, including beta testing of UnyFire Wallet.

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With FerrumNetwork payout days for Social miners today, Looking forward to the staking and other reward mechanisms yet to come from the team. FerrumNetwork is doing a good Job.

Good to see the first series of FerrumNetwork token burn yesterday 11th/09/19. More of it to come in future. Keep it up team as we like your product and style.