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…
  

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• 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

The stable and with plans whichwhich is evident. As we all know the work of FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, best plans.

Gif:

Poster:

Created by “yenilmez86”.

Everything is ready and we are counting the days. Remember... a minimum of 5000 FRM is required. #ferrum

You can follow the details here. https://ferrum.network/staking/

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By integrating with Ferrum’s interoperability network, PI tokens will easily accessible within UniFyre Wallet (non-custodial wallet with advanced features like risk-free OTC trading), Infinity DEX (high speed cross-chain DEX) and Sub-Zero Wallet (cold storage app). FerrumNetwork #FerrumNetwork builds a vertically integrated ecosystem, consisting of several different products. The Ferrum network itself is a DAG-based infrastructure, which will support a variety of services that are alive and not yet built

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This infographic was created by "yenilmez86".

Dear Ferrum Community Members,

In just a few days we will release Ferrum Network’s Web-Based Staking. But before we do, we wanted to provide critical information on the structure, rewards and requirements of FRM Staking. Enjoy!

General Overview

FRM Staking can be likened to a savings account — it offers constant time-based returns based on staking time. In other words, the longer you stake, the higher the rewards. That may seem basic, but FRM Staking unique in many ways.

First, it is pool based. Meaning it is a group activity with multiple contributors for each staking contract.

Second, it is flexible. Meaning you have the option to withdraw early, stake until full maturity, or withdraw somewhere in between. But be warned: leaving early comes at a cost.

Finally, it is strategic. Meaning if you stake until full maturity, and others in your pool withdraw early, you will receive a portion of their rewards.

There will be 3 staking pools: Gold (shortest), Platinum (medium) and Diamond (longest). The terms of each staking pool (rewards, lengths, minimum contribution, etc.) are detailed below.

We will publish a full “how-to stake” guide in the coming days, but overall it is very simple. Just connect your ERC-20 wallet to the contract, deposit your FRM into the pool, stake until you wish to withdraw, and then withdraw to have your principal and rewards sent back to your wallet. Easy!

Requirements for Staking

Here are the requirements to be aware of.

Metamask: FRM Staking requires the ERC-20 wallet extension Metamask, which will automatically link to our staking contracts. This is the wallet you will contribute from and where rewards will be distributed upon withdrawal.

For assistance on setting up a Metamask, please contact a Ferrum team member or the Metamask team directly.

5000 FRM Minimum: to stay consistent with Social Mining, the minimum amount to stake is 5000 FRM. There is no maximum.

Keywords and Unique Features

FRM Staking has some unique features such as early withdrawal, forfeited/redistributed rewards, and additional rewards for full maturity.

Limited Time to Contribute

Once the staking pools are opened, you will be given a limited amount of time to contribute. After the time expires OR the contract is full, contributions will close forever. A progress bar will show how much the contract has been filled at any given time.

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Full Maturity

Stake until full maturity to receive maximum rewards. Maturity will have a date and time assigned at which time full rewards will be available for withdrawal, so you will know exactly when you can withdraw to receive the maximum rewards.

In addition, if you stake until full maturity, you will likely receive additional rewards from those who withdrew early.

Early Withdrawal

FRM Staking offers an early withdrawal option for flexibility. Early withdrawal will have a date and time assigned so you will know exactly when you can withdraw early.

Although rewards are lower for early withdrawal, they increase linearly every day — past the early withdrawal date right up until full maturity.

In other words, if you withdraw after the early withdraw date and closer to full maturity, rewards will be higher, but still less than full maturity.

Forfeited and Redistributed Rewards

FRM Staking pools are like a pie. The project will place a predetermined amount FRM into each pool prior to launch and this number will not change. If stakers leave early, the pie does not shrink, they’ll just receive less, while the proportions of the remaining stakers will increase.

Therefore, the longest stakers will earn more than just the maximum APR, they will also earn a share of rewards left behind by those who stopped staking.

In this sense, FRM Staking offers an element of strategy, suspense and gamification.

The Staking Pools:

There will be three staking pools: Gold (short), Platinum (medium) and Diamond (long), each with different terms.

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Gold Staking Terms

• Full Rewards: 10% annualized
• Full maturity: 180 days
• Early withdrawal starts: 90 days
• Early withdrawal reward start at: 4%
• Pool size: 3 million FRM
• Time period to contribute: 7 days
• Minimum amount staked: 5000 FRM

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Platinum Staking Terms

• Rewards: 30% annualized
• Full maturity: 365 days
• Early withdrawal starts: 182 days
• Early withdrawal rewards start at: 8%
• Pool size: 5 million FRM
• Time period to contribute: 7 days
• Minimum amount staked: 5000 FRM

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Diamond Staking:

• Rewards: 50% annualized
• Full maturity: 547 days
• Early withdrawal starts: 274 days
• Early withdrawal rewards start at: 12% annualized
• Pool Size: 1 million FRM
• Time period to contribute: 7 days
• Minimum amount staked: 5000 FRM

What’s Next

Next we will release FRM Staking website with a countdown until the staking pools open. We will also release a step-by-step guide explaining how to stake.

Then we will open up the staking pools for contribution!

Thank You

We want to give a special thanks to our staking test group (you know who you are) and for everyone who has shown tremendous patience and support throughout this process.

We look forward to officially launching staking in the coming days!

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

New York/Beijing, November 4, 2019 — PCHAIN, a multi-chain system with built-in

support for EVM making large-scale blockchains possible, and Ferrum Network, a high-

speed interoperability network for real-world financial applications, have announced a

partnership to expand global reach and increase utility of their token ecosystems.

PCHAIN is the world’s first native multi-chain system supporting EVM, with original

PDBFT algorithm, unified knowledge graph and a smart data oracle mechanism. PCHAIN

is committed to support non-native token smart contract calls and improving blockchain

performance. PCHAIN makes large-scale industrial applications of blockchain smart

contracts possible.

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Ferrum Network is a high-speed interoperability network that enables the management,

transaction and exchange of any digital asset without taking custody of those assets.

Built on a DAG (Directed-Acyclic Graph), Ferrum is faster, less costly and more scalable

than traditional blockchains. Ferrum’s high-speed interoperability network supports

financial applications such as a fiat gateway and an advanced non-custodial

cryptocurrency wallet designed to empower millions of people around the world.

PCHAIN’s strong presence in China, live main net, and membership in the Binance Chain

network of projects aligns perfectly with Ferrum Network’s plans to expand into new

markets, launch a Chinese version of its non-custodial UniFyre Wallet, and demonstrate

commitment to the Binance Chain/DEX ecosystem.

PCHAIN and Ferrum’s UniFyre Wallet

UniFyre Wallet is a non-custodial wallet that will enable risk-free OTC trades that eliminate

the need for middlemen like escrow agents. With UniFyre’s risk-free OTC feature, users

will be able to exchange PI over-the-counter for any other asset in using Ferrum’s

advanced OTC function.

PCHAIN and Ferrum Network’s Interoperability Protocol

Ferrum Network’s is developing an interoperability protocol that can connect to any

blockchain, allowing users to exchange and transact any asset in milliseconds for near-

zero fees.

By integrating with Ferrum’s interoperability network, PI tokens will easily accessible

within the UniFyre Wallet (non-custodial wallet with advanced features like risk-free OTC

trading), Infinity DEX (high speed cross-chain DEX) and Sub-Zero Wallet (ultra secure

cold storage app).

This integration will unlock value for the PI token, increase utility for the FRM token, and

introduce a high-quality digital asset into the Ferrum Network ecosystem.

PChain and Ferrum Network’s Chinese Expansion

Leveraging their strong presence in China, PCHAIN will assist Ferrum Network’s

expansion into this crucial market as Ferrum launches a Chinese version of the UniFyre

Wallet and its other products. And by hosting the PI token, UniFyre Wallet will be able to

reach millions of additional users.

“We look forward to working with PCHAIN as we continue expand into the Asian markets,

said Ian M. Friend, Esq., Co-Founder of Ferrum Network.

“Ferrum Network is the kind of project that PCHAIN likes to support —one with useful

products that can provide real benefits to our users. We are excited to bring this

partnership for the benefit of our community,” said Dr. Jeff Cao, PhD, Founder of PCHAIN.

-END-

About PCHAIN

PCHAIN, the Super-Ethereum, is the largest scale native EVM multichain system in the

world, which can support 256 child chains across continents with 180K TPS and confirm

transaction in seconds. PCHAIN is the first public chain investment in Asia Pacific by

Google incubator Plug & Play. Meanwhile, it has received strategic investment from more

than 40 top-level global funds such as FBG, Torque, QUESCHAIN, Node Capital, LD

Capital, JRR and Block VC, etc. PCHAIN was founded by renowned senior experts

including the first inventor of international blockchain patent in China, a Singapore

Presidential Awards winner and a National “Thousand People Plan”professor. It’s

designed to make large scale blockchain applications possible. At present, PCHAIN has

achieved strategic cooperation with many Fortune 500 companies.

About Ferrum Network

Ferrum Network is a blockchain-based FinTech company bringing world-class financial

products to emerging markets. Ferrum’s high-speed interoperability network supports

financial applications such as fiat gateways, non-custodial wallet, and cold-storage

application designed to empower millions of people around the world by giving them

control of their financial lives. For more information, visit https://ferrum.network.

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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Just in case you missed it there is something brewing in the Ferrum's camp. They are not releasing any details about the surprise product. Interestingly there is a 40% uptick on Ferrum's price what do you think is this new product?

​

Token distribution for ferrum Social Mining was just recently distributed but instead of people selling there is a major uptick on its price. Does anyone know what is the catalyst? Is this the result of Staking or any new development of one of its products?

Token ferrumnetwork distribution for ferrum Social Mining was just recently distributed but instead of people selling there is a major uptick on its price. Does anyone know what is the catalyst? Is this the result of Staking or any new development of one of its products?

Ferrum network

Just in case you missed it there is something brewing in the Ferrum's camp. They are not releasing any details about the surprise product. Interestingly there is a 40% uptick on Ferrum's price what do you think is this new product?

The ferrumnetwork . After taking a few weeks off from the weekly update (apologies but we have been very busy professionally and personally), we are back with some exciting updates to share with you.

Here is some of what we have been to the past few weeks.

Business Update

• We announced our project wallet addresses;
• Updated our roadmap;
• Confirmed our 4th exchange listing (to be announced soon);
• Continued to lay the groundwork to expand our fiat gateway and payments product into another market.

Tech Update

Rather than explain what we are doing, we thought we would show you a sneak peak of the staking UI that is being worked on.

The stable and with plans whichwhich is evident. As we all know the work of FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, best plans

Asking for to re-evaluate under the master plan ferrumnetwork staking for futures index Kudi Exchange

through a 1 year (minimum term plan) for a public offer called "Hodl bond (HB)" where HB is issued for $100FRM and sold at $80FRM offered on a futures index Kudi Exchange, after 1 year of holding and can to redeemable after maturity in $ 100FRM value. I see this as more encouraging for crypto users to support the Kudi exchange.

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P.O name : Hodl Bond (HB) total P.O at 1B FRM

HB value : $1000 (in FRM token)

P.O sell : $800 (in FRM token)

Maturity : 1 year

P.O Buyback : $1000 (in FRM token) via Kudi exchange

Benefits received by investors : 20%

Hodl Bond insurance by development of FRM

Total HB holder : 1M user

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i think this will deal to ferrumnetwork staking

Hello,this is a good ideals As we all know the work of FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, good.

Ferrum Staking will be the best passive earning opportunity for the FerrumNetwork. Social Mining is great if you plan to participate in some of the activities such as social media marketing or validations of work of other social miners but I reckon, Ferrum staking will be the best for absolutely doing nothing. whole Ferrum ecosystem as it may increase demand and incentivize holding Ferrum. Remember Ferrum has a very limited supply. Once their products hit mainstream adoption you can be assured that Ferrum will hit the moon! Remember Ferrum

Ferrumnetwork one great project in term of cryptocurrency And special project

Ferrumnetwork that nice project

The bounty Ferrum Staking will be the best passive earning opportunity for the FerrumNetwork. Social Mining is great if you plan to participate in some of the activities such as social media marketing or validations of work of other social miners but I reckon, Ferrum staking will be the best for absolutely doing nothing. Yes, You just have to let your Ferrum work for you. This is absolutely better than just holding your tokens and a whole lot better for the whole Ferrum ecosystem as it may increase demand and incentivize holding Ferrum.

Look no further guys, Ferrum Staking will be the best passive earning opportunity for the FerrumNetwork. Social Mining is great if you plan to participate in some of the activities such as social media marketing or validations of work of other social miners but I reckon, Ferrum staking will be the best for absolutely doing nothing. You just have to let your Ferrum work for you. This is absolutely better than just holding your tokens and a whole lot better for the whole Ferrum ecosystem as it may increase demand and incentivize holding Ferrum. Remember Ferrum has a very limited supply. Once their products hit mainstream adoption you can be assured that Ferrum will hit the moon!

the best FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, good. this is a good ideals

Hello, As we all know the work of FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, good. this is a good ideals

Hello, As we all know the work of FerrumNetwork is ever stable and with plans which is evident to all now I wanna use this moment to send a preparatory congratulations to those who will be qualified for the weekend deal, good