Pre Sales Access With
Ferrum Network

Being uniquely positioned in terms of exposure towards promising new projects and seeing the huge success of our startup incubator The Foundry, we decided to leverage Ferrum Advisory Services to give FRM/FRMx holders access to exclusive pre-sales in these highly promising projects.

Ferrum Network Presales To Date:

Ferrum Network Presales Access Structure

We want to make sure ALL Ferrum holders have a realistic chance to participate and reach the next level, and thus increase their allocation!
Therefore, going forward, the following FRM thresholds will be used for distributing allocations (new steps are written in italic):

  • 25,000 FRM (Lottery Tier): 0.25 allocations (there will be 5 lottery spots for the VIP raise)
  • 50,000 (Bronze): 0.5 allocations (increased from 0.45 allocations)
  • 75,000: 0.75 allocations
  • 100,000 (Silver): 1.0 allocations
  • 130,000: 1.2 allocations
  • 160,000: 1.4 allocations
  • 190,000: 1.6 allocations
  • 220,000: 1.8 allocations
  • 250,000 (Gold): 2.0 allocations
  • 300,000: 2.2 allocations
  • 350,000: 2.4 allocations
  • 400,000: 2.6 allocations
  • 450,000: 2.8 allocations
  • 500,000 (Platinum): 3.0 allocations
  • 550,000: 3.2 allocations
  • 600,000: 3.4 allocations
  • 650,000: 3.6 allocations
  • 700,000: 3.8 allocations
  • 750,000 (Diamond): 4.0 allocations

We have also introduced additional FRMx bonus levels that will apply to all those holding 50,000+ FRM (previously 100,000 FRM were required to get the FRMx bonus).

The new steps will be in increments of 2 FRMx, starting from 2 FRMx through 30 FRMx. Each step will provide a bonus of 0.2 allocations, meaning every 2 FRMx you hold, you will receive a bonus of 0.2 allocations:

  • 2 FRMx: Bonus of 0.2 allocations
  • 4 FRMx: Bonus of 0.4 allocations
  • 6 FRMx: Bonus of 0.6 allocations
  • 8 FRMx: bonus of .8 allocations
  • 10 FRMx: bonus of 1 allocation
  • (steps will continue at this pace of 2 FRMx = .2 allocations)
  • 28 FRMx: Bonus of 2.8 allocations
  • 30 FRMx: Bonus of 3.0 allocations

Wallet Splitting is Strictly Forbidden

For this new fairer system to work, everyone must play by the rules. If we do what is right for the wider community, then we as individuals will also benefit, without needing to cut corners.

Therefore, for all Foundry pre-sales and Operation Iron Mountain, the splitting of wallets is strictly forbidden. We have designed the model in a way that smaller holders get sizeable allocations, and we expect every community member to play by the rules and to not exploit the system.

For this reason, we have implemented a wallet tracking system whereby everyone who is found out to use more than one wallet, will not be granted access to the VIP raise/staking. Please consider this your only warning.