About Ferrum Network
Ferrum Network 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 comes with managing a multi-chain infrastructure for their dApps, and projects. Ferrum also specializes as a multi-chain Blockchain as a Service DeFi company, adding deflationary mechanisms, token utility and advisory services to projects across the crypto space. With the mission of breaking down barriers to mass adoption in mind, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.
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Market Stats
Market Cap
$98.18K
-5.68%
FDV
$210.58K
Circ. Supply
287M FRM
Max Supply
616M FRM
Total Supply
597M FRM
Diluted Valuation
$197.08K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$54.68K
1.53%
Volume (7D)
$413.79K
Volume (30D)
$1.43M
All time high
$1.22
Price Change (1Y)
-97.79%
Additional details
Market details
FRM vs markets
↘ 98.62%
FRM vs BTC
↘ 98.59%
FRM vs ETH
↘ 98.5%
Tags
defi
interoperability
substrate
polkadot
+8
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
Polygon | 0xd99baFe5031cC8B345cb2e8c80135991F12D7130 | |
Avalanche C-Chain | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
BNB Smart Chain | 0xA719b8aB7EA7AF0DDb4358719a34631bb79d15Dc |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000337 | ↘ 3.31% |
1 Day | $0.000352 | ↘ 3.31% |
1 Week | $0.000343 | ↗ 0.67% |
1 Month | $0.000422 | ↘ 19.51% |
1 Year | $0.0154 | ↘ 97.79% |
FAQ
As per the official website, Ferrum believes that crypto projects lack a working product while they are developed, and also, the tokens lack the utility of real use cases. Tokens with a lack of utility often witness situations like price dumping quickly after being listed on the exchange as the users are not incentivized to hold the token of the projects. The Ferrum cross-chain token bridge aims to be an easy, fast, and secure bridge that adds utility to the project’s token and provides the white label bridge. With the Ferrum staking technology, users can seek to develop the instant utility of tokens in staking, rewarding the users, and protecting the project from volatility.
The platform uses two cryptocurrencies: FRM, a utility token, and FRMx, a governance token. The FRM token holders aim to have access to some exclusive benefits in the form of stakingrewards, access to presales, increased value due to deflationary mechanisms, and many more things. Users who hold the FRM contribute to the platform’s aim to remove the barriers to mass adoption of blockchain. Further, users can also seek to utilize FRM as gas fees for the token bridge between Ethereum, Polygon, and Binance Smart Chain.
Meanwhile, the FRMx seeks to add value to the ecosystem by providing long-term sustainability, fair launch, and valuable utilities. Also, community members holding FRMx aim to have access to the governance committee and play an important part in Ferrum Network.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4335
Contributors
9
Posts
14
% About Ferrum Network
0.001%
Hold times
0 days
X (Twitter)
34.09% bullish
Sentiment
3.6 ★
Highlights
9 unique individuals are talking about Ferrum Network and it is ranked #4,335 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ferrum Network has an average sentiment score of 71 out of 5. Finally, Ferrum Network is becoming less newsworthy, with 0 news articles published about Ferrum Network.
On Twitter, people are mostly bullish about Ferrum Network. There were 50.85% of tweets with bullish sentiment compared to 49.15% of tweets with a bearish sentiment about Ferrum Network. 49.15% of tweets were neutral about Ferrum Network. These sentiments are based on 14 tweets.
On Reddit, Ferrum Network was mentioned in 0 Reddit posts and there were 0 comments about Ferrum Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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