Ferrum network review

Hi guys! Here is my new review of one very exciting project!

Summary

Project name: Ferrum Network

Hard cap: 1 120 000 $

Token type: ERC20 (later will be swap to own tokens)

Hype level: High

Project Overview

What does the company/project do?

Ferrum Network is a decentralized DAG-based infrastructure
platform that is designed to achieve the following functions: a
mechanism for importing and exporting value from other networks; a
fiat gateway (the Kudi Exchange); a decentralized exchange (the
Infinity DEX); non-custodial wallet (UniFyre Wallet); a cold-storage
application (Sub-Zero Wallet); a protocol for tokenizing fiat currencies;
a payment solution for the everyday use of cryptocurrencies.

How advanced is the project?

The project has already launched UniFyre Wallet beta release and Kudi Exchange for Nigeria. The public testnet is expected in Q3 2019 and public mainnet in Q1 2020. The Infinity DEX and Sub-Zero Wallet are expected to be launched in 2020.

Opportunities

• the project is at advanced stage of development that demonstrates good execution skills of the team and their willingness to make a real product

• Ferrum network has very serious investors and partners on board, among them are TLG Ventures, Gemini, Fusion and others

• the project has very low hardcap that creates a huge upside for it`s token price

Concerns

• Ferrum network entered very crowded space in terms of competition so it`s unclear for now will it overcome its rivals or not

Conclusion

Short term potential: Excellent

Market awareness of the project is at the high level and hardcap is super low, so I`m very bullish on it in the short term.

Long term potential: Good

Even taking in consideration the fact that level of competion in the space is very high I like the project in the long term, because the team has already shown their professionalism and ability to create a product.

For more information about the project, please visit the following links:

Whitepaper: http://whitepaper.ferrum.network/

Website: https://ferrum.network/

My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1164964