Announcing the Next Cross-Chain Token Bridge Listing — bloXmove + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next project to list on the Ferrum Cross-Chain Token Bridge — BloxMove.
About bloXmove:
bloXmove is a newly founded venture with headquarters in Ireland and Germany. The bloXmove Mobility Blockchain Platform was incubated by Daimler Mobility (the parent company of Mercedes), and this is also the background of our founders and board.
bloXmove will provide an open mobility protocol based on the BLXM token. By earning or holding this token, companies can connect their vehicles to bloXmove to offer decentralized mobility services. Users can consume these services with BLXM.
The bloXmove Singapore entity, which will launch the token, will be entirely governed by the community: all important decisions will be voted on. That means holders of BLXM tokens who have staked their tokens with registered wallets can decide where the foundation invests and what initiatives it supports.
Token Bridge Launch Date: Wednesday 27-October-2021 at 14:00 UTC
Projects like bloXmove Can Customize the Bridge to Fit Their Needs
With the emergence of cross-chain interoperability, bridging has become an increasingly necessary component for all projects who choose to become compatible across multiple chains. One of the most enticing features of utilizing the Ferrum Cross-Chain Token Bridge is that a project can add utility to their token through customizable fees charged every time an asset is bridged. However, the unique solutions on the market do not allow for additional token utility.
About Ferrum Network
Ferrum Network is a deflationary cross-chain Blockchain as a Service DeFi company that specializes in adding token utility and advisory services to projects across the crypto space.
Ferrum builds white-label blockchain solutions that power Startups and established organizations, enabling them to get their product to market faster.
At Ferrum Network, we’re committed to building secure protocols. We consider ourselves “paranoid security freaks”. This approach boasts over 100 clients, nearly $100 million in TVL, millions of dollars worth of bridged assets and hundreds of smart contracts deployed. We’re proud to say that throughout our tenure providing both our Staking as a Service and Cross-Chain bridging solutions we have not fallen victim to a single exploit! We took the same approach when architecting the Ferrum Cross-Chain Token Bridge as we did when integrating the security protocols used in our Staking Tech.
Introducing Buy Backs from Ferrum Network
Ferrum Network will now be reconciling the success of our products and services with the price of $FRM. To share the success of our business with our community and add additional token utility, Ferrum will be conducting token buybacks for every product sold along with bi-weekly buybacks. We will be sharing our progress for each buyback.
FRMx Token Buyback Transaction https://polygonscan.com/tx/0x2a4457b4f3771b037ac0339efc0813cfbfa400887a7e4e1044aef6e2db548a8a
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on MATIC:
0xf5289a8c42cc3ec811f488f7e8274198119f171d
There is now over $160,483 USD worth of $FRM & $FRMx in our buyback wallets (on BSC, ERC-20, & MATIC) just from buyback activities & projects paying for our products using $FRM! Stay tuned for more exciting news and updates from our team at Ferrum Network.
Very truly yours,
The Ferrum Network Team
bloXmove — Important Links
Website | Telegram | Twitter | Medium | LinkedIn
Ferrum Network — Important Links
Disclaimer
A project’s use of our staking technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use our staking and/or listing are clients unless otherwise stated in this disclaimer. Cryptocurrencies, tokens, and other digital assets are high-risk and highly speculative. They may lose their value. All staking participants are advised to do their own research before staking any tokens.
