TLG Ventures is excited to announce a partnership with Ferrum Network, a decentralized crypto currency exchange capable of accommodating all types of crypto tokens.
According to the co-founder of TLG Ventures, Emeka Enu M.B.A, a partnership with Ferrum Network was a natural fit that complemented TLG’s overall strategy. “Our investments are primarily focused on high-impact blockchain startups. Although many projects in the Crypto space claim to be revolutionary, we believe this is truly the case for Ferrum Network. The ability to trade tokens across blockchains in a decentralized manner is a feat that was yet to be achieved until now. Ferrum Network’s decentralized exchange is a game changer. It will improve security in the space by limiting points of attack, while at the same time, expand trading of a broad array of tokens to millions who are denied access to centralized exchanges.”
Ferrum Network was built utilizing a Directed Acrylic Graph (DAG) ledger. This system has revolutionized the use of proxy tokens and allows for a seamless value import and export mechanism. The DAG protocol allows Ferrum to read across networks and to represent almost any digital asset. These digital assets can then be exchanged and transacted instantaneously in the Ferrum network with near-zero fees.
Naiem Yeganeh, CEO of Ferrum Network, described some advantages of the Ferrum protocol this way: “The Ferrum DEX (Decentralized Exchange) offers a transaction layer that is extremely fast and cheap, permitting peer-to-peer trading of all digital tokens, and eventually digital fiat currencies. Tokens lacking smart contract support can also be traded, as well as obscure tokens that are not presently listed on exchanges.”
Details of the Ferrum Network token generation event have yet to be published, but according to sources, the ICO will take place at end of the fourth quarter of 2018, and the mainnet will be released soon thereafter. “Token metrics are still in the works,” according to Ferrum’s COO, Ian Friend, “but with a relatively low hard cap, we believe that our project is in a very competitive place considering the uncertainties of the broader crypto market.”
“Our partnership with Ferrum will continue beyond the Token Generation Event.” TLG co-founder, Emeka Enu made clear. “Once we commit to a project, our responsibilities do not end with the ICO. We fully understand that the marketing and promotion of a technologically innovative product such as Ferrum is as essential to its success as its unique code. TLG Ventures will certainly bring its marketing expertise to bear pre and post ICO.”
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Learn more about Ferrum Network at http://www.ferrumnet.org/