Introducing the Next Foundry Incubation: Poolz Finance

Ian M. Friend, Esq.
The Foundry

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Dear Ferrum and Duck Communities,

After a successful launch of Bondly — which is currently trading at many multitudes higher than the pre-sale price offered to our communities — we are thrilled to announce the next Foundry incubation: Poolz Finance!

Poolz is a cross-chain Layer-3 swapping protocol with decentralized launchpad, which enables startups to run liquidity auctions across a variety of blockchains.

Why are we so bullish on Poolz? With a working product that is both valuable and unique, an experienced team with previous start-up success, jaw-dropping token economics, a long list of industry leading partners, and an passionate community, Poolz is hands down one of the strongest projects we have come across in years.

In this article, we describe why we are incredibly thrilled to be incubating Poolz and why we think they might be one of the best long term projects to come out of the 2020 DeFi scene.

An Experienced and Professional Team

As always, one of the first factors we analyze is the team. Similar to Bondly, the Poolz team consists of a diverse group of professionals with prior success founding tech start ups. Having gotten to know them over the last couple months, they are one of the hardest working and most passionate teams we have come across. They not only execute quickly while keeping the long term vision in mind, they also have a deep understanding of this space and know what investors and users are looking for in a project and a product.

On a personal note, the founders Guy and Liam are stand up guys. The kind of people you can trust, with a level head and cool, calm demeanours. The rigors are of running a crypto start up are relentless and challenging, but with Guy and Liam at the helm, we are confident Poolz has what it takes to be a long term success in this industry.

A Unique and Valuable Product that Perfectly Complements The Foundry

At its core, the first Poolz product is a cross-chain decentralized launchpad similar to Bounce or LID, but with cross-chain functionality and a set of completely unique features like customizable staking and the innovative “Locked Deal” function.

Why are we so bullish on Poolz’s product? For one, it is an actual working product and has been audited by one of the top auditors in the space.

Second, based on the success of other decentralized launch pads, we know there is demand in the market for such a product.

Third, Poolz offers unique take on a proven business model because as a cross-chain swapping protocol, the launch pad can serve nearly any blockchain, from Ethereum based projects, to Binance Smart Chain, Tomochain, Polkadot and more!

Finally, we believe it perfectly complements the Foundry model because Poolz provides a platform where our incubated projects can conduct a decentralized public sale. In other words, for future Foundry incubations, the Foundry can handle the pre-sale, and then turn to Poolz to conduct the public sale and immediately list the project on Uniswap right from the Poolz platform. The ability to handle the “last mile” of a fundraise was actually a missing piece for the Foundry…until Poolz.

The Partnership Pipeline

Another key factor in determining the success of a project is its ability to attract partnerships. Partnerships not only strengthen the product offering, but they serve as an excellent form of organic marketing and attract new investors and users.

The Poolz platform perfectly lends itself to generating tons of partnerships. Not only is its cross-chain swapping protocol designed to work with all the major blockchains like Polkadot, Binance Smart Chain, Tomochain, Ethereum and others, but the launchpad itself will attract many smaller projects looking to get their start by launching on Poolz. And with the help of the DuckDAO and Ferrum Network communities, it won’t take long before Poolz is a household name in the industry.

Best-in Class Token Economics

Another critical factor is whether a team can execute on a reasonable budget. The Foundry is about incubating low cap gems and bringing them to incredible heights. Start small, build, grind and hustle your way to the top. That is the Foundry way.

Fortunately, Poolz has completely embraced this mindset and has developed a set of token economics that is not only fair for all participants, but incredibly bullish for its long and short term prospects. While we cannot reveal the details yet, we are quite sure you will be extremely pleased when you see them.

A Strong Existing Community

A final notable factor that made us bullish on Poolz is the fact that they already had a strong community prior to our decision to work with them. The fact they were able to build a strong community with very little outside assistance, demonstrated to us that they have what it takes to continue to grow their community into one of the strongest in the crypto space. We can’t wait to see where Poolz ends up!

What’s Next

Poolz has been saving a tremendous amount of news for after the Foundry partnership, so expect a flurry of activity leading up to the pre-sale.

Sometime in the near future, we will release critical information related to the pre-sale such as the token economics and means of participating. As many know, the only way to still get into the Poolz pre-sale is to be a Ferrum or DuckDao community member and token holder. For more information on gaining pre-sale access, please join the Foundry community channel.

Thank You

We want to thank the Poolz team for working tirelessly for the past months preparing for today. We also want to thank the Ferrum Network and DuckDAO communities for supporting us for the past many years. We can’t wait to see where we can take Poolz — together!

Very truly yours,

The DuckDAO and Ferrum Network Teams

About

Duck DAO

Duck DAO is one of the crypto industry’s best decentralized fundraising community that is led by crypto pioneers who have supported over a hundred projects in the last four years. With a huge community of investors, their experience with fundraising and marketing along with their expertise in crafting token metrics have made DuckDAO the leader in the crypto fundraising sector.

Ferrum Network

Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies. Ferrum’s non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology. Ferrum’s Staking-as-a-Service is now used by 40+ projects, and their Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond.

The Foundry

The Foundry is the brainchild of the founders of the Ferrum Network and DuckDAO. It has so far created a group of top crypto influencers across Telegram, Twitter and YouTube, with a total combined following of over 1.2 million. It implements a new form of influencer marketing where influencers themselves invest in projects rather than projects having to pay for marketing. This provides projects with long-term marketing support that continues to add value to projects well after the raise is over.

About Poolz

Poolz is a decentralized, swapping protocol enabling startups to manage liquidity auctions, thus bringing them closer to early-stage investors and liquidity miners. The project is built with a vision to facilitate greater interoperability through cross-chain interactions, which in turn, will further strengthen DeFi adoptions and value.

Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
Twitter: https://twitter.com/Poolz__
Website: https://www.poolz.finance/
Github: https://github.com/The-Poolz
Our live code on Discord: https://discord.gg/8REVabc
E-mail: Hello@poolz.finance
Contact: Liam Cohen, CMO- Liam@poolz.finance

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Ian M. Friend, Esq.
The Foundry

Co-Founder, COO and General Counsel at Ferrum Network — a fast interconnectivity network for decentralized cross-chain financial applications