FRM Private Sale is Complete!

ferrumnetwork (41)in #crypto • 5 years ago

Dear Community,

To kick off Token Week, we wanted to make a brief announcement that Ferrum Network private utility token sale has successfully closed!

We are happy to report that our strategy was a great success: attract high quality investors, limit the amount per investor and quickly close the round.

In short, the round closed in less than 10 days with much greater demand than we could satisfy, while those who did get in have demonstrated their long term support of the project. We could not be happier with the results.

The Strategy

First, we secured direct contribution from many high caliber investors who have demonstrated their ability to add value to the ecosystem by way of influence, support and connections.

Second, we made sure that no individual purchased an outsized share of tokens, and that no VCs (who usually only care about profits) purchased any tokens.

Third, we did our best to ensure that the purchasers are true supporters of the project and believe in the long term prospects. Some of them had been with us since the very early days, while others were already users of our first product Kudi Exchange. All of them expressed interest in receiving their tokens directly to their UniFyre Wallet (coming soon)!

Thank You

We want to thank everyone who showed their support and belief in the project, and everyone else who assisted us with the utility token sale. You know who you are.

What’s Next

Throughout the week we will be releasing more and more information on the metrics, the public sale, and the other innovations we have come up with that support our long term goals.

Thank you everyone who has helped us get this far. More great things to come!

Very truly yours,

The Ferrum Network Team

Links:

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Bitcoin Talk: http://bitcointalk.ferrum.network

Facebook: http://facebook.ferrum.network

Github: https://github.com/ferrumnet/