Ferrum Network (FRM)

Ferrum Network (FRM) is a blockchain interoperability pioneer that aims to solve the limitations of blockchain communication and connectivity. Traditional blockchains are isolated and cannot communicate, challenging developers to build multichain decentralized applications (DApps) and restrict restrictive ecosystems. Ferrum Network addresses this problem by providing an interoperable Layer 1 (L1) network powered by a multichain messaging engine. This allows for seamless communication and connection with every blockchain, creating a frictionless environment for developers and users to engage in a fully interoperable Web 3.0.

Ferrum Network’s flagship technology is the Infinity Layer mainnet, built on the renowned Polkadot Substrate consensus infrastructure. It leverages a unique combination of technologies, including the Quantum Portal and Value Constrained Multi Chain Rollups (VCPR), to achieve interoperability 2.0. The Quantum Portal core and its smart contracts maintain the state of value and information across blockchains, enabling the build once, deploy everywhere functionality throughout the interconnected chains. The VCPR technology taps into the security mechanisms of various chains, allowing Ferrum’s blockchains to serve as Layer 2 (L2) solutions for multiple chains, not limited to Ethereum.

With Ferrum Network’s Infinity Layer mainnet, there are limitless use cases for DApps. It enables interoperable metaverses, where in-game assets and avatars can be traded and exchanged within the same metaverse, regardless of their originating chain. DApp developers can leverage multichain token staking, deploy NFTs, and operate token smart contracts across multiple chains. Additionally, Ferrum Network facilitates multichain lending and borrowing, enabling users to stake collateral on established chains like Ethereum and extract loans on high-yield earning chains. The network also supports multichain DEXes, wallets, and modular DApps, offering unmatched value interoperability and extensive possibilities within the Web 3.0 ecosystem.