|All Time High:|
|Market Cap: |
|The price of #FRM today is $0.037 USD.|
The lowest FRM price for this period was $0, the highest was $0.037, and the current live price for one FRM coin is $0.03749.
The all-time high FRM coin price was $1.12.
Use our custom price calculator to see the hypothetical price of FRM with market cap of ETH or other crypto coins.
|The code for Ferrum Network crypto currency is #FRM. |
Ferrum Network is 2.6 years old.
|The current market capitalization for Ferrum Network is $4,330,967.|
Ferrum Network is ranked #697 out of all coins, by market cap (and other factors).
|The trading volume is medium today for #FRM.|
Today's 24-hour trading volume across all exchanges for Ferrum Network is $654,300.
|The circulating supply of FRM is 115,531,410 coins, which is 35% of the total coin supply.|
Monthly Development Report | January 2023
Our mainnet work is picking up steam with multiple releases coming out every week and some exciting updates for node runners planned for Q1 2023.. — — Summary - We are excited to report that we have been able to integrate MultiSwap contracts with the first non-EVM-compatible network Cudos. This integration is still at the CLI level, and we are actively working on launching the swap capabilities through the MultiSwap UI for Cudos. Along with integrating our first non-EVM-Compatible network, we are also working on Node Infra updates and adding Refinery and Ionic asset swaps. Both of these functionalities are the focus of Q1 2023 for our MultiSwap and Integrations team. We are aiming to launch integrations of MultiSwap for a few more networks. Our mainnet work is picking up steam with multiple releases coming out every week and some exciting updates for node runners planned for Q1 2023. — A Quick Summary of Dev WIP - Mainnet Development a. Quantum Portal Explorer DEV b. Quantum Portal Contracts and dApp Deployment READY FOR ALPHA c. Deployment of Ferrum Virtual Machine (Runtime, QP Node) on multiple nodes DONE d. Connecting and interacting with those nodes through wallets such as MetaMask DONE, MultiSwap a. FIBER Engine Development ALPHA-PRIVATE a.1 FAC ALPHA-PRIVATE a.2 RIAC, and ABQC checks DEV b. FIBER Router ALPHA-PRIVATE b.1 Development of Contracts that will serve as the primary routing mechanism for ...
Ferrum Network’s AMA Recap with DeFiRaccoons
For those who missed the AMA, more information about Ferrum Network and our development updates can be found below.. — Ferrum Network recently held an AMA with DeFiRaccoons on their Telegram channel, providing valuable insights into the development updates and future plans for the project. The discussion covered a wide range of topics, including the launch of MultiSwap. The AMA provided a deeper understanding of the capabilities and potential of Ferrum Network. For those who missed the AMA, more information about Ferrum and our development updates can be found below. — AMA Recap - SkinnyG | DeFiRaccoons: Hope you are all ready #raccoonfam! Today we’re having another educational AMA with Ian Friend from Ferrum Network! As you know there will be 2 parts, the muted part where me and Ian will be talking about Ferrum Network in general aswell as the latest news and updates! Then we’ll unmute and have the community ask questions and some winners will be chosen. We’ll also choose some twitter questions while we’re at it. A total prizepool of $100 (2 live chat and 2 twitter qs will be winning $25 each). So Ian, without further ado, can you please briefly tell us who you are and what your role at Ferrum Network entails? Ian Friend | Ferrum Network: Absolutely! So my name is Ian Friend and I am the Co-Founder and COO of Ferrum Network. As a non-developer, my role is largely focused on operations, marketing, busi...
Monthly Development Report | December 2022
In this December 2022 update, we are excited to share that we have launched the MultiSwap Private Alpha, completed the Algorand Integration, and launched our first staking pool on Algorand for a client.. — — Summary - In this December 2022 update, we are excited to share that we have launched the MultiSwap Private Alpha, Completed the Algorand Integration, and launched our first staking pool on Algorand for a client. We will share a year-in-review update in greater detail regarding our 2022 development track and plans for 2023. Currently, our focus is on refining the MultiSwap Private Alpha through the feedback received and launching Refinery and Ionic assets swaps as well as security enhancements for MultiSwap. To better understand our progress for the last quarter of 2022, I highly recommend reviewing our October 2022 Dev Update first. Monthly Development Report | October 2022 — A Quick Summary of Dev WIP - Mainnet Development a) Quantum Portal Explorer DEV b) Quantum Portal Contracts and dApp Deployment READY FOR ALPHA c) Deployment of Ferrum Virtual Machine (Runtime, QP Node) on multiple nodes IN QA d) Connecting and interacting with those nodes through wallets such as MetaMask IN QA, MultiSwap a) FIBER Engine Development ALPHA-PRIVATE — FAC ALPHA-PRIVATE — RIAC, and ABQC checks DEV b) FIBER Router ALPHA-PRIVATE — Development of Contracts that will serve as the primary routing mechanism for i...
Insights from the Trends in Blockchain for 2023 Survey: A Data Study of the Crypto Space
In order to get a better understanding of the current state of the industry, we conducted a survey to gather insights from participants about their involvement in and views on Web3.. — As the crypto space continues to evolve and grow, it is essential to stay up to date on the latest trends and developments. In order to get a better understanding of the current state of the industry, we conducted a survey to gather insights from participants about their involvement in and views on Web3. The results of this survey provide valuable information on the platforms and sources used to stay informed, factors influencing investment decisions, and the preferred methods of buying and selling tokens and coins.* By analyzing this data, we aim to gain a better understanding of the current trends in the blockchain and how they may shape the future of blockchain technology. — How long have you been involved in the crypto space? - Based on the results of our survey, it seems that the majority of respondents have been involved in Web3 for at least a couple of years, with about 45% having 2–5 years of experience and 22% having more than 5 years of experience. This suggests that decentralized technologies have a significant number of seasoned participants who have been around for a while and have a good understanding of how things work. It’s also worth noting that there is a significant portion of newer participants, with 6.3% h...
Join Ferrum Network’s Survey on Blockchain Trends for 2023 and Win cFRM Tokens!
Ferrum Network is conducting research on “Trends in Blockchain for 2023” and we need your help! Dear Ferrum Community, As the blockchain industry continues to evolve and grow, it is important for us to stay up-to-date on the latest trends and developments. That is why Ferrum Network is conducting a survey on “Trends in Blockchain for 2023” to gain valuable insight and perspective from our community members. By participating in our survey, you will have the opportunity to share your thoughts and opinions on the future of blockchain. Your responses will help us understand the industry's current state and what we can expect to see in the coming year. Not only is it important for us to conduct research like this to stay informed, but it is also crucial for the growth and success of the blockchain industry as a whole. By understanding the trends and developments shaping blockchain's future, we can better position ourselves to take advantage of new opportunities and overcome challenges. We value the insights and perspectives of our community members, which is why we are offering $20 worth of cFRM tokens to the 5 best responses. So if you want to have your voice heard and potentially earn some cFRM tokens, be sure to take the survey now! Participate in Ferrum’s “Trends in Blockchain for 2023” Research! Thank you for your support and participation. Together, we can help shape the future of the blockchain indus...
Monthly Development Report | November 2022
Summary - Today we’re excited to share a mid-quarter (Q4 2022) update with you regarding Ferrum Network’s development progress. We have two primary targets this quarter. Get MultiSwap into Alpha, POC Testnet Closed Alpha, To better understand our progress for the month of November, we highly recommend reviewing our October 2022 Dev Update first. The mid-quarter update is designed to give a quick overview of the quarter’s goals. Monthly Development Report | October 2022 — A Quick Summary of Dev WIP - Mainnet Development a. Quantum Portal Explorer DEV b. Quantum Portal Contracts and dApp Deployment READY FOR ALPHA c. Deployment of Ferrum Virtual Machine (Runtime, QP Node) on multiple nodes IN QA d. Connecting and interacting with those nodes through wallets such as MetaMask IN QA, MultiSwap a. FIBER Engine Development DEV FRONTEND INTEGRATION — FAC, RIAC, and ABQC checks DEV FRONTEND INTEGRATION b. FIBER Router DEV FRONTEND INTEGRATION — Development of Contracts that will serve as the primary routing mechanism for interactions with DEX Routers, Aggregator Routers, and Fund Manager DEV FRONTEND INTEGRATION c. Fund Manager Development DEV FRONTEND INTEGRATION — Liquidity Management (Add / Remove) DEV FRONTEND INTEGRATION — Configuration of Foundry Assets DEV FRONTEND INTEGRATION, Integration Milestones a. Casper Staking DEV FRONTEND INTEGRATION b. Casper BridgePool DEV SWAPS c. Algor...
Ferrum Receives Grant from Cudos Foundation to Integrate MultiSwap
With this grant, MultiSwap becomes First CosmWasm-Compatible Interoperability Protocol on the Market and will allow Ferrum to integrate Cudos and other Cosmos-compatible networks with MultiSwap.. — Dear Ferrum Community, It is with great pleasure that we are able to say that we are the proud recipients of a grant from the Cudos Foundation. After much deliberation, the team at Cudos, have put their faith in Ferrum. — What does this grant entail? - At Ferrum, we are constantly striving to stay ahead of the curve regarding market trends and the future of scalable and interoperable networks. — Integration of Cudos with MultiSwap. — Ferrum will be integrating the Cudos network with our new multichain DEX aggregator, MultiSwap. By integrating MultiSwap with the Cudos blockchain, Ferrum will: Drive TVL (Total Value Locked) on the network, Reduce layers of friction between new users and the network, Make assets on Cudos more composable, Increase volume on the network, “We are excited to welcome the Ferrum Network into our grant program and firmly believe that this will be a beneficial collaboration both for the Cudos Foundation and Cudos Blockchain as a whole.The first step in the process is to ensure that Cudos is securely and effectively connected, hitting all key milestones along the way. We look forward to future developments alongside the Ferrum Team! ”— Lee Woodham, Chairman of Cudos Foundat...
Introducing First Staking Partner on Algorand — Glitter Finance
Introducing First Staking Partner on Algorand — Glitter Finance - — After receiving a grant from the Algorand Foundation, Ferrum is proud to introduce our first partner in the Algorand ecosystem to utilize our Staking as a Service solution!. — Dear Ferrum Fam, Having received a grant from the Algorand Foundation to bring our suite of products to the ecosystem, this is a big moment for us. We are proud to introduce our first partner in the Algorand ecosystem to leverage our Staking as a Service technology — Glitter Finance. — About Glitter Finance - Glitter Finance is an interoperability solution that serves as a layer-zero for DeFi protocols across multiple blockchain networks. It thrives by linking disparate ecosystems and simplifying the usage and investment process across chains. Glitter bridge powers cross-chain transfer of assets between Non-EVM and EVM-supported networks bidirectionally, the first being the Algorand and Solana blockchain networks. Glitter Finance has successfully bridged Algorand Network to Solana bidirectionally with over 99% efficiency and successful bridging transactions and is looking to bridge other top layer 1 networks and emerging networks that are widely adopted. It allows for easy integration with supported blockchain smart contracts, protocols, decentralized exchanges (DEX), and wallets to enable liquidity movement across various blockchain networks. Glitter wi...
WEB2 Put in a WEB3 Skin, Is Not Decentralization, It’s a Mirage
After the FTX — Cryptocurrency Derivatives Exchange catastrophe last week, and the bizarre tweets SBF has been putting out, it’s clear that we need decentralization in Web3 more than ever. Creating centralization in Web3 doesn’t address the problems Web3 was destined to solve. It just repackages them in a new skin. — Web3 is still the best path forward for humanity - The most unfortunate thing about the @SBF_FTX and @FTX_Official debacle is their impact on crypto adoption. However, even with the immense magnitude of damage caused by this ever-evolving debacle, web3 remains the best candidate for a decentralized citizen-powered future. — Stop pretending to be decentralized when you are not. — In fact, the entire SBF situation proves this. Think about it.What was @FTX_Official? A Centralized Exchange. Inherently an implementation that required users, investors, and anyone involved to put their trust in the hands of a centralized entity. This is not the trustless decentralized world web3 promised. As Kyle Chasse mentioned in the space hosted by Mario Nawfal yesterday, this was another example of a web2 app dressed in web3 clothing. — Is any web2 reliance bad for web3 apps? - Now, I am not saying any web2 app utilizing some aspects of web3 is bad. In fact, among the large number of decentralized implementations launched by Ferrum Network, we have also launched a few centralized solutions that...
Introducing the Ferrum Employee Buyback Pledge
Ferrum introduces an initiative that will add over $100,000 in annual buy pressure to FRM and FRMx and further align the interests of the team.. — Dear Ferrum Fam, Last week, the Ferrum team announced that the tokens from the Team category of their newly designed tokenomics, which makes up 10% of the Max Supply, will vest for an additional 2 years than originally planned. This week, the Ferrum team has done it again. Ferrum is happy to introduce the Ferrum Employee Buyback Pledge! It started when Co-Founder, Ian Friend, was looking around the market for assets to invest in now that the market is recovering a bit. He then noticed that his FRM investment was outperforming most of the market. Naturally, he decided to invest in more FRM! Then he wondered — does the rest of the team understand the investment potential of FRM? And what if we all collectively pledged to invest some of our extra income into FRM or FRMx? Hence the idea was born: the Ferrum Employee Buyback Pledge! — What is the Ferrum Employee Buyback Pledge?. — The Ferrum Employee Buyback Pledge is a mechanism that allows the Ferrum team to pledge a portion of their salaries to buying FRM and FRMx. Each month, before the finance team distributes salaries, Ferrum will buyback the corresponding amounts of FRM and FRMx proportional to the amount that each individual employee pledges and send it to the employee along with the rest of their mon...
More Ferrum Network (#FRM) News
|Ferrum Network integrating Matter Labs' zkSync into its ecosystem,...
Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync layer-2 scaling solution into its suite of products. This synergy comes following Ferrum's participation in the Series B round for Matter Labs, creator of zkSync.
zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on the mainnet.
Recent funding into layer-2 scaling provider Matter Labs came from Ferrum Network's investment arm, Ferrum Ventures. Matter Labs and their ZK-rollup system — zkSync — will now be integrated into Ferrum Network's products and ecosystem.
Matter Labs / zkSync
Matter Labs is a pioneer of zero-knowledge rollups. The organization launched the first-ever public ZK-rollup prototype in early 2019, was the first to implement recursive ZK proofs on Ethereum, and created the world’s first practical FPGA-based hardware for ZKP acceleration in 2020.
Recently, Matter Labs announced the first EVM-compatible ZK-rollup on Ethereum’s public testnet, allowing developers to deploy existing Solidity applications to a highly scalable, low-cost environment without sacrificing the security or decentralization provided by Ethereum.
“When you really think about it, most of us in this space are here because of Ethereum. Ferrum’s mission has always been to breakdown barriers to mass adoption… and scaling Ethereum is one of the most important milestones in doing so. I...