Two words for you:
ALL IN
That's where me and my team are with the project we're going to cover today.
Ferrum Network is one of the hottest up-and-coming projects in the entire crypto space.
And we have a lot to back that up.
While it's got the longevity of a project born in 2019, it has all the mechanics and fundamentals
aligned with many of the most explosive DeFi projects
we've seen all year long in 2020.
Today, we're going to show you why FRM is the best token you've never heard of
and why we've gone all in on Ferrum.
In addition,
there's also a partnership with Ferrum that you've got to check out.
Let's get it!
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Welcome to BitBoy Crypto!
My name is Ben.
Everyday on this channel, I show you how to make money in cryptocurrency.
If you like money and crypto, make sure to hit that Subscribe button.
Also,
don't forget to sign up for Token Metrics right now, during their 12 Days of Christmas 25% off special.
All you have to do is visit tm.bitboy.live and put in the discount code "12DAYSOFTM" in all caps
to receive 25% off.
25% off doesn't apply to the $5 7-day trial, only default subscriptions.
And I know what you're thinking already.
"Why are you talking Token Metrics when we're supposed to be talking about
Ferrum Network in this video?"
Well, that's because I'm not the only one bullish on Ferrum.
Token Metrics literally ranks Ferrum Network as the No. 1 project for long-term investors in 2021.
And I have to say that I agree.
They grade Ferrum Network at a 99% good investment for the year.
And when you look at the list there,
one thing that should stick out to you like a sore thumb is their rank on CoinMarketCap.
It's the lowest ranked project on the list of top long-term investments.
This is exactly why the potential for Ferrum is so much higher than the others.
It's got so much room to the upside
that it isn't even funny.
And if you watch this channel, you're an expert on things that aren't funny.
If that doesn't tell you about everything you need to know though about its investment prospects,
then you aren't paying attention.
Maybe it's time you clean your ears out and tune in.
Ferrum was one of these projects that I had heard of, but I didn't really know that much about
until I really started digging deep into it.
But here's the million-dollar question:
How has everybody I know not even heard about one of the top performing projects of the entire year?
That's right.
FRM is one of the top performers of 2020.
When CryptoDiffer put out this graphic a couple of days ago,
Ferrum was up an astounding 1440%.
And just think,
this monumental price increase was done with basically no marketing.
Like really think about that and process it.
Most people do not even know what FRM is,
and it still has been able to crush it that hard.
And I do expect after the exposure from this video,
secret's going to be out.
And I think it will end 2020 ranked even higher on the list.
I'm looking at you, Reserve Rights.
You're on our list.
Tell me a place you don't want to be.
My list.
And I got a lot of projects that have been on my naughty list lately.
You're going to be finding out much more about that in a couple of videos coming out over the next week.
But here's the big takeaway:
on this channel, we are no longer doing solo sponsored videos for projects.
We feel like it's just too big of a risk for us and for the people who watch this channel,
the BitSquad.
We care deeply about our community, and we are crushed when they get hurt.
Often, we get hurt in the process.
This is why we are constantly changing and tightening the projects that we work with.
You're going to see the quality of projects getting coverage on BitBoy Crypto to increase like crazy.
We believe the quality and prospects of FRM are out of this world.
This is why we have joined Ferrum Network as their strategic marketing and growth advisor,
similarly to what we've done with YFDAI
and another up-and-coming project that we haven't even announced yet.
Becoming an advisor shows the level of our commitment to these projects.
This new strategy for the channel combined with fewer dedicated videos for sponsored projects,
if any,
means that we are able to report more on the projects that we don't just like,
we love.
Our hope is that this helps us to stay hyper focused on only the best projects for this bull run.
Ferrum Network calls it the BitBoy Effect.
And I'll be honest with you,
I don't even know what that means!
But I love it!
The BitBoy Effect, I can see it now.
It sounds like a big Hollywood movie
shot here in Atlanta because, you know,
California is closed.
You can read more though about my role with Ferrum Network
in their announcement on their Medium page.
So, what exactly is Ferrum Network?
No, it's not a wild pack of slutty ferrets.
Ferrum Network is a decentralized finance project that started out as a DeFi project.
It didn't suddenly decide to transform itself into a DeFi project
when they realized DeFi was a hot niche,
like many projects did to take advantage of whatever the latest trend is.
That's usually not a great strategy.
But FRM was born to be DeFi.
Ferrum helps clients to be able to become staking projects themselves.
They actually have over 45 staking technology clients.
Now, here's something I found very interesting as we dug deep.
Its market cap right now is only $12 million.
$10 million and below is usually what I consider a low-cap gem,
but with the market cap recently blowing up all over crypto,
now, $12 million still applies to low-cap gem for sure.
So while there's $12 million in the FRM token's market cap,
there's an astounding $20 million locked up within the staking clients under the Ferrum umbrella.
These under-examined types of economic surrounding a project's value versus its reach
is exactly the type of things you should be looking for in deep research.
It shows just how much potential there is with Ferrum,
one reason why Token Metric loves it.
Now, along with a staking technology, they have four working products.
Ferrum is not just an empty shell of promises and hype.
It's delivered multiple utilities that are actually being used!
Along with their DeFi Staking,
Ferrum boasts a Token Bridge that lives in between Ethereum and Binance Chain
to save on gas fees,
has First Kudi,
which surprisingly does not come with a cootie shot.
I should have left that joke in kindergarten.
Expert in things not funny.
But First Kudi is actually an app that helps onboard the unbanked in Africa, specifically Nigeria.
But more about that in a few moments.
Their fourth working product is the UniFyre Wallet.
Users who hold 100,000 FRM tokens, which I believe is about $10,000 right now,
earn monthly payouts based on listing fees and Flash Sales.
But back to the Kudi app,
Ferrum also recently announced a partnership with PlasmaPay.
PlasmaPay is another project we've been very bullish on
and discussed on the channel many times.
We'll actually be doing a big update on Plasma here soon.
PlasmaPay is another topflight project to keep your eye on.
When asked about their partnership, the CEO of PlasmaPay, Ilia Maksimenka, said,
"Ferrum Network has impressed us with their commitment to interoperability
and lowering the barriers to entry,
and we are delighted to be able to integrate the Nigerian Naira into our African Fiat on-ramp.
This partnership will assist us greatly as we seek to bring DeFi to the masses."
This is in regards to helping bank the unbanked population around the world
by providing African fiat on-ramps.
You know, because that's kind of what crypto is supposed to be about.
There's so much going on with Ferrum Network though,
it is insane.
Too insane for just one video.
So you can expect much more about FRM in the future.
We don't even really have time in this video to cover their tokenomics,
which includes an active buyback on the FRM token and high APY staking on their token.
And perhaps the thing I'm excited about the most with Ferrum Network is their DeFi incubator.
This provides presale access for upcoming projects for FRM holders.
I could do a whole video on how important that is because it basically helps level the playing field
between new retail investors that want to get in on top projects and accredited investors.
But, for now, I'm going to leave you guys with Ferrum's hype video.
Welcome to the Ferrum Network ecosystem!
We have four working products.
UniFyre Wallet
First Kudi
Binance Chain Token Bridge
DeFi Staking
Over 20,000 active users
Over 45 staking clients
Over $20 million total locked value across our DeFi staking protocol
One DeFi incubator with presales access for FRM holders
Four kinds of staking technology with sustainable APYs as high as 150%
One governance and staking token
FRMx
Active buyback program
With nearly $150,000 FRM bought back to date
Monthly rewards program for FRM and FRMx holders
So many ways to earn with Ferrum
How will you get involved with the Ferrum Network ecosystem?
Join the Ferrum socials today to learn more.
Did you get goosebumps?
I actually read all the Goosebumps books when I was a kid.
Maybe that's why I'm so demented.
Thanks, R. L. Stein.
But drop me a comment and let me know what you think about Ferrum Network.
How high can the price of this one go?
That's all I got.
Be blessed.
BitBoy out.