Announcing the First White Label Token Bridge— PAID Network

PAID Network will become the very first project to both list on the Ferrum Network Cross Chain Token Bridge and deploy their own white label version!

Nick Odio

Published in

FerrumNetwork

3 min readJul 30, 2021

Dear Ferrum Community,

We are unbelievably excited to announce the VERY FIRST project to list on the Ferrum Cross Chain Token Bridge and the VERY FIRST to deploy the white label version — PAID Network!

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

The VERY FIRST Project to List & Deploy a White Label Version of Ferrum’s Cross Chain Token Bridge

This is an extremely proud moment for Ferrum Network. We have been hard at work on the Ferrum Cross Chain Token Bridge for some time now. Just like our other various products and services, we expect the Token Bridge to be a massive success. In fact, we think it may be our most popular product to date.

“PAID Network is always on the look out for partnerships that enable us to access and support incredible and reliable teams that are building disruptive tech. Ferrum Network fits that bill and we’re thrilled to be the very first to utilize their revolutionary cross chain technology. We look forward to an amazing partnership with Ferrum and can’t wait to grow our ecosystem together.”
Kyle Chasse — CEO and Founder of PAID Network

While many tokens initially list their token on Ferrum’s native version of the bridge, PAID Network is going all out with their very own white label version. This means that the bridge will reside on PAID Network’s web page and will be presented to their community in a way that represents the branding of PAID Network. PAID will also be listed on Ferrum’s native version of the bridge!

Projects like PAID Network 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, bridging can be an expensive process. One of the most enticing features of utilizing the Ferrum Cross Chain Token Bridge is that a project has the ability to customize the fees that are charged to token holders for bridging their assets.

Ferrum’s Cross Chain Token Bridge allows projects to customize the fees that they wish to charge to bridge their assets. For PAID Network, when PAID holders bridge tokens, PAID Network will not be charging any fees in their native PAID token! This is a real testament to the way that this project cares about their community.

Very truly yours,

The Ferrum Network Team