|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 exact current price of one FRM crypto coin is $0.03731.
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 2.2 years old.
|The current market capitalization for Ferrum Network is $4,310,501.|
Ferrum Network is ranked #663 out of all coins, by market cap (and other factors).
|There is a big volume of trading today on #FRM.|
Today's 24-hour trading volume across all exchanges for Ferrum Network is $1,685,431.
|The circulating supply of FRM is 115,531,410 coins, which is 35% of the total coin supply.|
Monthly Development Report | September 2022
Summary - In September our main focus was in the following areas: Mainnet Development, MultiSwap, Integration Milestones, — Mainnet - We’re on track to launch the POC testnet this quarter barring any unexpected complexity in our development plan. We have finished work on the first version of the Quantum Portal contracts. Now we are able to feed this data into a Quantum Portal explorer (a multichain explorer) for cross-chain transactions. We’re looking to launch the POC testnet and the Quantum Portal explorer this quarter. — MultiSwap - We’re building MultiSwap as one of the first major products that will plug into our public mainnet once it’s live. However, we are launching MultiSwap prior to the completion of the mainnet. This required us to architect MultiSwap components in a manner that could accommodate future updates and easily plug into our mainnet. We have also created the architecture for solutions like FIBER and FORGE, which will help developers with a multitude of pain points even before MultiSwap is launched. Our work with the Gas Estimation engine in FORGE is now in QA. Once QA passes, we’ll deploy this engine, and developers around the world will be able to use it to estimate gas costs for multi-chain transactions. With our open source initiative we’ll be opening up the repository for FORGE with he first public release so developers can extend its functionality to meet their needs. We ha...
Ferrum 2.0: New Look. New Vision. Same Mentality.
Dear Ferrum Community, Lately, Ferrum has been receiving a lot of attention from the broader Web3 community. It can be hard to keep up with a project that moves as quickly as Ferrum, especially for newcomers. This article is meant to serve as a comprehensive overview of where we’ve been, where we’re at, and where we’re heading. It is meant to serve as a guide for all things Ferrum. We hope you enjoy it! — Brief History - Ferrum has come a long way since our inception in 2019. From creating a suite of white label Staking as a Service solutions that have been deployed for over 200 projects with a lifetime TVL of $500 million and providing advisory services to numerous successful projects, Ferrum has grown into a reputable company having amassed an impressive ecosystem of partners known as the Iron Alliance. Because of the revenue generated from these products and services, unlike most projects in Web3, Ferrum does not have to sell FRM or FRMx. In fact, we continue to buy back tokens using the revenue that we generate through these products. The revenue generated has allowed Ferrum to scale the team in the same fashion as teams that raise millions of dollars. More on how we have not only survived but thrived in the bear market can be found in this article. — Ushering in the Era of Interoperability 2.0 - Due to the solid foundation, we have built for ourselves, we can now focus on a far more ambitious and impac...
Monthly Development Report | August 2022
For the month of August, the Gateway, integrations, and mainnet teams continued their progress to achieve our quarterly milestones… — Summary - For the month of August, the Gateway, integrations, and mainnet teams continued their progress to achieve our quarterly milestones. We’re pushing our updated whitepaper and roadmap this quarter. We are actively recruiting RUST engineers experienced with Substrate and DotSama ecosystem. If you are a RUST dev experienced with deploying parachains apply at careers.ferrum.network. Let’s dive into each team’s work and some notable milestones. — The Gateway Team - The gateway team focused on an open source initiative and developing a few white-label products that we feel will be great use cases for mainnet and will add tremendous utility for our clients. This includes products such as Iron Vest powered by our Linear Release Engine, MultiSwap updates, and more. — Open Sourced - As we transition toward being a company focused on building an open-sourced network, we thought it best to start open-sourcing our products as well. Here are a few of our open-sourced repos that we have worked hard on. github.com github.com github.com LEGACY MIGRATING — The Integrations Team - The integrations team had a Big 3 focus which ranged from Pocket Network, Algorand, and Casper. Each of these teams has dedicated resources assigned to the integration. I’m excited to share th...
Ferrum Network Joining Race Kingdom as Strategic Advisors
Ferrum is excited to reveal its latest partnership with one of the most innovative gaming projects out there, Race Kingdom. Dear Ferrum Community, Ferrum is excited to reveal its latest partnership with one of the most innovative gaming projects out there, Race Kingdom. Ferrum has joined the project as Strategic Advisors, and Race Kingdom has joined the Iron Alliance. The Iron Alliance boasts a robust network of partners, clients, and incubated projects across a wide array of sectors within the blockchain industry, and we are thrilled to add Race Kingdom to the mix. Race Kingdom is an ever-evolving multilingual metaverse game based on racing ultra-rare NFT creatures with unique attributes and functions. The company just rolled out the staking program for $ATOZ to incentivize and support early investors and community members. Launched on July 15, the token ranked 418 out of 12,000+ cryptocurrencies listed on CoinGecko and has shown a peak growth of over 1000%.“We are glad to have Ferrum Network on our advisory board, and we firmly believe this collaboration will strengthen our expansion to the North American market. $ATOZ has had a strong and stable performance even in the bear market. We already see tremendous interest and demand from Asian countries and have built a devoted community. Joining forces with Ferrum will further pave $ATOZ’s way as a winning token in respect to the market’s situation,” — shared Om...
Monthly Development Report | July 2022
In the month of July Ferrum kicked off Q3 with three distinct areas of focus — Gateway, Integrations and Mainnet teams.. — Dear Ferrum Community, Since last year Ferrum has scaled the engineering team from 2 people to 13 with a few new hires in the pipeline. It can be a lot to keep track of so we wanted to start providing Monthly Development Reports to keep everyone up to date on what’s happening behind the scenes. We’ll start this series off with July 2022. We hope you enjoy! — The Gateway Team - The Gateway team focused on an open source initiative and development of a few white label products that we feel will be great use cases for mainnet and will add tremendous utility for our clients as well. This includes products such as our Vesting Portal. The Gateway team is now transitioning to a MultiSwap blitz to finish Q3. We are working to make this the most polished product we have put out yet. We’ll be sharing more details about this in an article about our “Third Mover Advantage” and how we are using it to build world-class solutions that will bring lasting value to the industry. Name: Zikriya Mushtaq Team: Development, Gateway July Updates: Code migration from JS to TS DONE, Repository security DONE (Open Source Initiative), Super Admin APIs (Delete Features) IN PROGRESS (Admin deployments, reduce technical debt to focus on new products), August’s Focus: Integration of Multiswap in Gatew...
“We Bought DOT!” Initiative Explained
Ferrum makes a statement around their commitment to securing a Polkadot parachain and begin to accumulate DOT.. — Dear Ferrum Community, Ferrum recently announced that we made a substantial DOT purchase as part of our new initiative, “We Bought DOT.” This signifies an important step in the evolution of Ferrum as we commit to fully embracing the journey towards obtaining both Kusama and Polkadot parachains. In this article we’ll cover a bit about what a parachain is and how the Polkadot and Kusama parachain auctions and crowdloans work before we dive into our reasoning behind this initiative. — Understanding the DotSama Ecosystem - Before we can effectively convey the strategy behind this initiative, its important to understand how the Polkadot-Kusama (DotSama) ecosystem operates. Polkadot founder, Gavin Wood, took quite an innovative approach to the “bet against blockchain maximalism” when creating this sort of ‘blockchain of blockchains’ Layer 0 protocol. Some of these innovations pertain to the way that parachains are secured. Parachains are secured through an event called a parachain auction which are typically funded through a process called a crowdloan. — Parachain, auctions, and crowdloans…. — Parachain — For starters, a parachain is a project-specific blockchain that is integrated within the Polkadot or Kusama networks. Polkadot supports a limited number of parachains, curre...
Introducing Ferrum’s Crypto Summer! Win over $10K worth of Tokens and NFTs!
Crypto Winter got you down? Well not to worry, Ferrum Network has you covered with a fun and rewarding contest — Crypto Summer! Dear Ferrum Community, We are holding a massive contest to give away some exciting prizes to celebrate the start of the Crypto Summer! Ferrum Network has collaborated with the hottest projects in the space: Niftables, Goracle, Chibi Dinos, YouMeme, DEFIT, Bit Hotel, MetaPetz, PolyDoge, Revest Finance, Hololoot, RocketX, Pocket Network, GoodGame Labs, YAK DAO, MetaBrands.io, milestoneBased, Lossless, MegaFans, KLON, MetaFighter! There will be over 60 winners that will share the prizes! Over $10000 worth of tokens and NFTs to be won! The more entries you have, the more chances you have to win rewards. How to participate? All you need to do to have a chance to win some of these fantastic rewards is to join the gleam campaign and engage with all participating projects communities! — Click here to join Ferrum’s Crypto Summer Giveaway: bit.ly. — What is Ferrum Network? Ferrum is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that com...
Ferrum and Ispolink Form Partnership — Ispolink Joins the Iron Alliance
Ferrum and Ispolink Form Partnership — Ispolink Joins the Iron Alliance - — Ferrum and Ispolink have joined forces to help further blockchain development in the Ferrum ecosystem.. — Dear Ferrum Community, Ferrum is excited to reveal its latest partnership with Web3 talent sourcing platform, Ispolink. The Iron Alliance boasts a robust network of partners, clients and incubated projects across a wide array of sectors within the blockchain industry and we are thrilled to add Ispolink to the mix. — About Ispolink. — Ispolink is the go-to metaverse multi-chain platform for Web3, Blockchain and Crypto Talents. It’s main purpose is to connect crypto firms, Metaverse projects, Gaming companies, DeFi businesses and NFT projects with the talents they need. To make this possible, they offer a comprehensive end-to-end solution that empowers your business with a full set of tools to navigate the entire selection process flawlessly and source talents in a blink of an eye. Their decentralized, multi-chain, interoperable solution enables users to utilize the platform at scale through a native ISP token. — Why Partner with Ispolink?. — While this may be one of the most brutal weeks that the crypto market has seen since 2018, that does not stop us here at Ferrum. We will continue to scale the team in order to achieve our goals as we pioneer Interoperability 2.0! That being said, finding the right t...
Crucible Update: Alpha Takeaways and Next Steps
Ferrum dives into the results of Crucible Alpha testing as they construct a path toward the DeFi 2.0 product’s official release!. — Dear Ferrum community, We have recently concluded the 3rd phase of alpha testing for our latest DeFi 2.0 product Crucible. The iterative rollout plan for releasing this first of its kind product has gone quite smoothly. We’d like to give a huge shoutout everyone who has taken part in any or all of the 3 Alpha rounds that have been conducted to date. Their feedback has proven to be invaluable in constructing what is called a “build-measure-feedback loop.” In this update, we will be discussing the original goals of Crucible, what our findings were from Alpha, and how we plan to move forward as we get closer to pushing the product to production. — Why Crucible? - Before we can fairly compare the value that Crucible has shown thus far with expectations, it’s important to ‘start with why’ we dreamt this product up in the first place. Let’s dive into the initial problems that Crucible has intended to solve since conception. — Reducing Circulating Supply. — One of the best things a project can do for their token is reduce the circulating supply. This is arguably the number one value proposition of our Staking pools from the past. However, for reasons outlined below, we needed to improve the mechanism for reducing the circulating supply. By taking your FRM and mint...
Ferrum and HYVE Form Partnership — HYVE Joins the Iron Alliance
Ferrum and HYVE Form Partnership — HYVE Joins the Iron Alliance - — Ferrum and HYVE have joined forces to help further blockchain development in the Ferrum ecosystem.. — Dear Ferrum Community, Ferrum is excited to reveal its latest partnership with the marketplace for creative professionals to showcase their talents, HYVE. The Iron Alliance boasts a robust network of partners, clients and incubated projects across a wide array of sectors within the blockchain industry and we are thrilled to add HYVE to the mix. — About HYVE. — HYVE eliminates intermediaries within the freelancing industry through its blockchain-based platform by reducing fees and connecting clients with matching professionals, enabling them to work securely. Currently, HYVE supports four different blockchains, namely ETH, BSC, Polygon and Fantom. HYVE has one of the lowest fee structures out of all freelancing platforms, with the perceived commissions starting from 1% for tasks, jobs, and offers completed in $HYVE, rising to 3.5% for payments performed in $ETH, $BTC, or $USDT and lastly 9% for altcoins. Nevertheless, the fee can be halved by paying it in $HYVE. — Why Partner with HYVE?. — While this may be a couple of the most brutal weeks that the crypto market has seen since 2018, that does not stop us here at Ferrum. We will continue to scale the team in order to achieve our goals as we pioneer Interoperability...
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...