Announcing the Next White Label Token Bridge — SingularityDAO + FRM Buyback

Jun H. Lee
FerrumNetwork
Published in
3 min readDec 9, 2021

Dear Ferrum Community,

We are thrilled to announce the next project to list on the Ferrum Cross-Chain Token BridgeSingularityDAO.

About SingularityDAO

SingularityDAO is a true Decentralized Autonomous Organization designed to simplify access to the crypto economy. AI-DeFi: Sophisticated Decentralized Finance meets the world’s most advanced Decentralized Artificial Intelligence to create a new type of economy. We are building a suite of financial tools with their main offering being DynaSets, Dynamically adjusted baskets of tokens controlled by a team of traders aided by and eventually handing over majority control to, highly advanced Artificial Intelligences, the likes of which are leveraged daily on Wall-Street but are as yet unknown in the crypto space.

Projects Like SingularityDAO 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. However, the unique solutions on the market do not allow for additional token utility. 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 that are charged every time an asset is bridged.

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.

FRM Token Buyback Transaction
https://bscscan.com/tx/0x0b526154f48d9fa0408fbc0c1679b5bc96ab2cccdbadfcceed54eaff68b96235

Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

Buyback Wallet Address on MATIC:
0xf5289a8c42cc3ec811f488f7e8274198119f171d

There is now over $247,583 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

SingularityDAO— Social Media

Website | Twitter | Telegram| Facebook | Instagram | Medium | YouTube

Ferrum Network — Social Media

Website | Telegram | Twitter | TikTok | YouTube

Disclaimer

A project’s use of Ferrum Technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use Ferrum Technology 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 cryptocurrency participants are advised to do their own research before interacting with cryptocurrencies.

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Jun H. Lee
FerrumNetwork

Lives to Eat. Breathes Crypto. Reads Books. Studies Markets. Loves Hot Sauce.