Review on Ferrum Network by Inioluwa Okedeji

Name: Ferrum Network
Item: Ferrum Network
Rating: 4

September 23, 2020

Ferrum Network: An Integration Of Centralization And Decentralization

The main objective behind the establishment of Ferrum network since it's launch in 2018 is the decentralization of finance.
Ferrum network aims to make transactions easier by the unique integration of a centralized and a decentralized blockchain system.
FRM is currently ranked 592nd on coinmarketcap.
It has a circulating supply of 140,498,782 FRM
It's market cap is $6,567,744 USD
It has a total supply of 329,218,749 FRM
FRM maximum supply is 331,718,750 FRM
It's underlying algorithm is a proof-of-stake concept therefore FRM token cannot be mined.
Ferrum network platform supports staking of cryptocurrencies which in turn allows stakers to benefit from staking.
Though presently FRM token has a low value, I believe the story should change anytime soon because of maximum supply and circulating supply is not much compared other digital currencies which there's are in billions.
In addition to the above, every successful projects needs populaity, though FRM has being doing very well since it's launch, it still needs to garner popularity.
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