Announcing the End of Social Mining and the Beginning of Ferrum Network Ambassadorships

Published in

FerrumNetwork

3 min readFeb 11, 2020

Dear Ferrum Network Community,

It is with great hope and excitement to inform you that we will be ending Social Mining and evolving into something more fitting — the Ferrum Ambassadorship program.

For our current social miners, do not worry, all current work will be paid out on Thursday and there will be many more opportunities to add value and earn with Ferrum.

For instance, we will be introducing an innovative marketing initiative that will leverage our amazing community and the groundbreaking technology in our forthcoming UniFyre Wallet…we can’t wait to share those details with you.

Please be advised that the final Workdrop will be on Thursday February 13th — the same day FRM Stake and Earn opens — in order to give everyone an opportunity to stake.

Next, we will be announcing more details on the Ambassadors program and our plans for UniFyre Wallet marketing, which will provide the entire community the opportunity to help market the product and earn FRM for their efforts.

Why We Are Evolving

As an early stage project, it is critical to continuously evaluate our all aspects of our project, and evolve in order to achieve the best possible results.

After analyzing the past few months of Social Mining, it has become clear that we have created a small but passionate group of strong supporters. Less than 40 people qualified for the last payout, while a handful of amazing supporters have continued to create incredible content surrounding FRM Stake and Earn.

Rather than trying to force Social Mining into something that it is not, we have decided to accept reality and evolve into something that leverages the strengths of this small but passionate group.

For our passionate supporters and content creators — there will be more opportunities for you! For others involved in Social Mining who have not been as active recently, FRM Stake and Earn might be a nice option for you.

Ambassadorships

Following the conclusion of FRM Stake and Earn, we will release more details on Ferrum Network Ambassadorships, but essentially it is for those hardworking and passionate supporters who wish to continue to be active and add value. If you think you have what it takes, feel free to contact Ian or Dom to learn more.

What’s Next

Following FRM Stake and Earn, we will begin to move into a marketing campaign for our forthcoming non-custodial UniFyre Wallet. The wallet is in beta testing now and new exciting features are being worked on as we speak.

When the time comes, there will be all sorts of marketing opportunities for the entire community and we can’t wait to share them with you.

Thank You

Finally, we want to thank everyone involved with Social Mining, including our community and the DAO Maker team — you all helped created something special and we appreciate everything you did for us.

But it’s time to look forward to the future of Ferrum Network and see what we can do together in 2020!

Very truly yours,

The Ferrum Network Team

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