Announcing the Next Cross-Chain Token Bridge Listing — Spores + FRM Buyback

Jun H. Lee
FerrumNetwork
Published in
3 min readOct 14, 2021

Dear Ferrum Community,

We are thrilled to announce the next project to list on the Ferrum Cross-Chain Token Bridge — Spores Network.

About Spores Network

Spores leverages the blockchain and uses smart contract technology to authenticate NFTs, track their records, buy/sell history, securely decentralize their trading procedure, and fully comply with intellectual property and copyright licenses to protect the NFT creators & owners’ benefits.

Spores is equipped with a full range of features to facilitate and benefit all participants (artwork & content creators, game developers, entertainment producers, clubs, collectors, celebrities, fans, etc.) to promote a creator-centric, frictionless, borderless, borderless, and community-driven ecosystem.

Basic features include:

● NFT minting portal for token creators

● Account management tools for token holders

● Auction engine

● Cross-chain exchange, NFT staking & liquidity pools

● Marketplace and NFT ranking tools

● Interoperability and DeFi gamification

● AI assistant for checking and tracking NFTs

● APIs & SDKs for developers

Main Features:

● Gamified royalty sharing: Royalty sharing for NFT creators, incentives for users & traders with transaction mining

● T-DeFi: Fractionalizing multiple NFTs, utilizing LP mining on DEXes,
lending & staking to improve overall liquidity

● Batch minting & transfer: Bundles of NFTs can be minted and transferred with minimal fees

● User friendly: Everyone can create NFTs without coding skills and trade without underlying blockchain knowledge

● NFT drops: Free NFT drops from notable & exclusive creators to users and LPs

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

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.

Become Cross-Chain Compatible Today with Ferrum Technology.

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. Projects can also receive discounts for our products if services are paid for in $FRM.

FRMx Token Buyback Transaction
https://bscscan.com/tx/0xcdc4c25372d06369ced2728df5e97b9e271550e49d94c437e27026336a714c68

Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

There’s now over $145,583 USD worth of FRM in our buyback wallets just from buyback activities & projects paying for our products using $FRM & $FRMx! Stay tuned for more exciting news and updates from our team at Ferrum Network.

Very truly yours,

The Ferrum Network Team

Spores Network — Social Media

Website |Telegram | Twitter | LinkedIn | Facebook |Instagram | 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.