Ferrum Network - Binance BEP-2 & ERC-20 - ICO Aug 1st, 2019 - BITMAX Aug 5th

J1mb0

hero member

Activity: 983

Merit: 502

Quote from: Ferrum Network on July 25, 2019, 11:25:21 AM

It is with great pleasure to announce our exchange partner — BitMax! We could not be more thrilled to have one the best exchanges in the world as our primary listing partner.

FRM will be listing with BTC and USDT pairs on BitMax.io on August 5, 2019 at 10 am EDT.

Full Medium Article

I am very interested in this project. It has become hot in recent days. The project is great with very low hardcap, I predict it will increase 20 times after being listed at bitmax on August 5

Ferrum Network

copper member

Activity: 65

Merit: 0

Ferrum Network - Team Admin Account

It is with great pleasure to announce our exchange partner — BitMax! We could not be more thrilled to have one the best exchanges in the world as our primary listing partner.

FRM will be listing with BTC and USDT pairs on BitMax.io on August 5, 2019 at 10 am EDT.

Full Medium Article

Ferrum Network

copper member

Activity: 65

Merit: 0

Ferrum Network - Team Admin Account

Quote from: disconnectme on July 24, 2019, 12:11:55 PM

For me big sham on all these projects that have their own chains and decided to move part of their tokens on Binance chain, this just show that most of them are just chasing shadows and do not no what they want to do. It is a pity this seems to be a norm now and we can see many of the ERC20 tokens move to BNB chain also.

Just to be clear, the Ferrum mainnet will go live sometime Q1 2020 if not sooner, during that time the official token swap will occur. While there's a great migration with several projects occurring, there's little reason not to issue more than one token to take advantage of various of crypto chains. The drawback is managing two cryptos until the mainnet swap goes live, but this is mitigated by several positives.

Overall, this structure works for Ferrum Network and the micro-ICO cap that's about to be fulfilled. We aren't migrating post-ICO, this is before any distributions have occurred.

disconnectme

hero member

Activity: 1876

Merit: 512

For me big sham on all these projects that have their own chains and decided to move part of their tokens on Binance chain, this just show that most of them are just chasing shadows and do not no what they want to do. It is a pity this seems to be a norm now and we can see many of the ERC20 tokens move to BNB chain also.

Ferrum Network

copper member

Activity: 65

Merit: 0

Ferrum Network - Team Admin Account

At long last, we are pleased to release the details of our initial utility token offering! In this article, we detail the general information and structure, and provide our reasoning behind the structure.

Date of Token Sale: August 1, 2019, starting at 8 am EST

Full Article & Details

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: Ferrum Network on July 22, 2019, 12:00:27 PM

Quote from: ?? on ??

Quote from: Ferrum Network on July 22, 2019, 11:21:08 AM

1) A portion of our native utility token (ticker: FRM) will be made available on the Binance Chain as a BEP-2 token (more details regarding timing and amount to follow);

Can you elaborate on this. I don't quite get it "A portion of...", how about the rest? Are they non BEP-2 tokens? However congratz on this achievement. I've been keeping an eye on Ferrum and you guys are progressing well.

Thank you!

The full details will be released sometime this week, the formal date and the explanation of BEP-2/ERC-20 distributions.

CRPT has done it and CRPT was creating a swap site that makes the hodlers able to swap ERC to BEP anytime and will you try to do the same thing like that? it's an important thing to be considered before try to issue both of assets.

kindbtc

member

Activity: 1008

Merit: 12

SAPG Pre-Sale Live on Uniswap!

That is really proactive attitude from the team and just goes to show that they are going with the trend and ready to do what is most current and good for both the project and investors, way to go.

Ferrum Network

copper member

Activity: 65

Merit: 0

Ferrum Network - Team Admin Account

Quote from: ?? on ??

Quote from: Ferrum Network on July 22, 2019, 11:21:08 AM

1) A portion of our native utility token (ticker: FRM) will be made available on the Binance Chain as a BEP-2 token (more details regarding timing and amount to follow);

Can you elaborate on this. I don't quite get it "A portion of...", how about the rest? Are they non BEP-2 tokens? However congratz on this achievement. I've been keeping an eye on Ferrum and you guys are progressing well.

Thank you!

The full details will be released sometime this week, the formal date and the explanation of BEP-2/ERC-20 distributions.

BADBITCH

jr. member

Activity: 532

Merit: 6

Quote from: ?? on ??

Quote from: Ferrum Network on July 22, 2019, 11:21:08 AM

1) A portion of our native utility token (ticker: FRM) will be made available on the Binance Chain as a BEP-2 token (more details regarding timing and amount to follow);

Can you elaborate on this. I don't quite get it "A portion of...", how about the rest? Are they non BEP-2 tokens? However congratz on this achievement. I've been keeping an eye on Ferrum and you guys are progressing well.

I want to assume you did not do Blockmason Link bounty; they did same
When we say a portion of “ it means that the Ferrum team will swap a certain percentage of their total supply to binance chain; while the remaining percentage will be erc-20 tokens

In other words; there will be bep2 ferrum token and erc20 ferrum token for a while.

Do you understand now ?

NB: Not everyone can be opportuned to swap to bep2 tokens on binance chain

Ferrum Network

copper member

Activity: 65

Merit: 0

Ferrum Network - Team Admin Account

Ferrum Network will be integrating with Binance Chain! This means that:

1) A portion of our native utility token (ticker: FRM) will be made available on the Binance Chain as a BEP-2 token (more details regarding timing and amount to follow);
2) We will be submitting a proposal to list FRM on Binance DEX, AFTER PRIMARY LISTING; and
3) BNB and other BEP-2 tokens will be easy to integrate with and list on the UniFyre Wallet.

Binance Chain and the BEP-2 standard is the perfect fit from a business and technical standpoint, and we could not be more thrilled by this opportunity.

Why Binance and the Future of Crypto

Ferrum Network is always searching for innovative solutions and ways to improve. From a technical standpoint, Binance Chain and the BEP-2 standard represents the future of tokens — simple, fast, and customizable.

From a business standpoint, Binance is the indisputable global leader in crypto. No matter the product — whether Binance.com, Binance DEX, or Binance Chain — Binance is synonymous with quality, user-focus, and innovation. It is an honor and privilege to be joining the Binance Chain family.

Status: ICO Date TBA Very Soon, Stay tuned! There's a big week ahead for Ferrum Team.
Telegram: https://t.me/ferrum_network
Full Article: https://medium.com/ferrumnetwork/ferrum-network-is-joining-binance-chain-eedf9f20af4b

Topic: Ferrum Network - Binance BEP-2 & ERC-20 - ICO Aug 1st, 2019 - BITMAX Aug 5th (Read 223 times)