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5 Karma

Review on Ferrum Network by Giuseppe Francaviglia

Revainrating 4 out of 5

Ferrum Network, the right time to have a look at it is now

Ferrum Network is a very good and solid project, they raised only the fund they need to achieve their business goal because of they are aware about what to develop.
Their adoption in Africa is going very well and will be pushed thanks to the partnership with Dash Africa and Gemini. Their mobile wallet will have military graded security, their crypto-fiat exchange/payment application will be available on mobile platforms like as Android and Apple.
Token holders are able to "mine" their tokens via Social Mining immediately, and via staking by the end of this quarter.
It is a good investment in this uncertainly market while waiting for a market recovery.



Pros
  • Low hard cap, they raised only the amount needed to achieve their goals
  • They already have a working product in Africa used by real customers, they are focusing on the acquisition of new merchants daily
  • They have solid partnerships! In my opinion, the more important are Gemini and Dash, the aim is to facilitate and empower adoption
  • The team is currently focused to expand its business in Nigeria, where the growth of bitcoin’s knowledge and adoption is growing tremendously
  • The Ferrum Token represents the utility (gas) to make transactions on their network
  • Anticipated staking feature (including several staking profiles) will be available soon via a web application. Later in Q4 2019, staking will be integrated in their UniFyre Wallet
  • The team is expanding with new developers. The developments will benefit for sure and very probably they will release on schedule their products
  • Dedicated community of people who care in the project and promote it by participating in the Ferrum Social Mining
  • Confirmed a new exchange listing in this quarter
  • Ferrum has worldwide communities and the team is always in touch with them
  • All the feedback and features requested by their customers are under development and testing. KUDI Exchange is aligned with their customers' expectation
  • Transparency, the team announced their project wallet addresses
Cons
  • Lack of liquidity currently. Ferrum is listed only on Bitmax, Binance Dex, IDEX
  • Lack of marketing campaigns currently
  • Mainnet is not yet live. It is planned to be released in Q2 2020

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