Announcing the Next Staking Project — GAMESTA + FRM Buyback

Jun H. Lee
FerrumNetwork
Published in
5 min readJan 14, 2022

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GAMESTA Staking begins on 01/16/2022 at 24:00 UTC

Dear Ferrum Community,

We are thrilled to announce the next Ferrum Network staking project — GAMESTA.

About GAMESTA

GAMESTA believes the value of any game is created by the network of players playing it. Each player, regardless of his wealth or means, represents the same value in a digital game, investing their time and contributing to an ever evolving metaverse. Now, through blockchain technology, game developers can finally reward the loyalty of those players.

These in-game NFT’s are revolutionising the way a gamer can build intrinsic value, but with the competition so intense, players from emerging economies sometimes cannot afford the initial outlay to purchase those assets. Enter GAMESTA, the A.I. powered Guild, enabling investors to connect to and empower thousands of players, many from developing countries, throughout The World.

GAMESTA uses proprietary AI and Machine Learning technology to improve decision making processes on both the Asset Acquisition and the Asset Deployment, ensuring maximum yield for investors. CopperLaunch is a perfect strategy to raise funds and launch the GSG token, as in essence GAMESTA is a fund, with the value of the GSG token directly linked to the Assets Under Management. The more raised, the higher the token price backed by a bigger asset base, therefore giving self perpetuating value.

WHY GAMESTA:

The gaming industry is forecast to be valued at over $268 billion in the next 5 years. As the fastest growing sector in Crypto, Play-to-Earn is flipping the gaming industry on its head and with only 1% of global gamers currently playing Play-To-Earn based games, the stage is set for unprecedented growth.

GAMESTA Staking Pools

Supporter
Start Date: 01/16/2022 at 24:00 UTC
Days Open for Stake: 10 days
Mandatory Lock: 90 days
Early Rewards APY: 25%
Days Until Full Maturity: 180 days
Maturity Rewards APY: 50%

Ultra Bull
Start Date: 01/16/2022 at 24:00 UTC
Days Open for Stake: 10 days
Mandatory Lock: 180 days
Early Rewards APY: 50%
Days Until Full Maturity: 365 days
Maturity Rewards APY: 100%

Platinum GAMEX
Start Date: 01/16/2022 at 24:00 UTC
Days Open for Stake: 10 days
Mandatory Lock: 90 days
Early Rewards APY: 30%
Days Until Full Maturity: 180 days
Maturity Rewards APY: 60%

Black GAMEX
Start Date: 01/16/2022 at 24:00 UTC
Days Open for Stake: 10 days
Mandatory Lock: 90 days
Early Rewards APY: 40%
Days Until Full Maturity: 180 days
Maturity Rewards APY: 80%

Staking $GSG Through Ferrum’s Flexible White Glove Staking Service

With the emergence of DeFi and the appeal of passive income, staking has taken on a fresh new relevance. Unfortunately, DeFi staking has been chiefly reserved for big-cap projects with mainnet. It leaves hundreds of exciting new projects with few flexible options to offer staking and liquidity farming for their token.

This gap in the market is why we built our flexible DeFi Staking Platform. Participants lock their tokens and earn high yields based on the length of time staked. It’s like a decentralized high-yield bank account, with maximum customization for projects and flexibility for participants!

Projects Like GAMESTA Can Customize Their Staking To Fit Their Needs

Each project and community has unique token metrics, unlocking schedules, and community concerns. Ferrum Network built its DeFi Staking Platform to be fully customizable to meet the needs of each project.

Thanks to the flexibility offered by Ferrum Network solutions, GAMESTA will be able to launch a Staking program which will help increase its token utility while rewarding community supporters and their early investors!

Buy Backs from Ferrum Network

Ferrum Network will now be reconciling the success of our products and services with the price of $FRM & $FRMx. To share the success of our business with our community and add additional token utility, Ferrum will be conducting token buybacks for every product sold along with bi-weekly buybacks. We will be sharing our progress for each buyback. Projects can also receive discounts for our products if services are paid for in $FRM.

$FRM Token Buyback Transaction
https://bscscan.com/tx/0x1ed3df0a027e6730ccdebc670d633dcb9ab06875eeca62e8a02c42e88755797d

Buyback Wallet Address on BSC:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D

Buyback Wallet Address on ERC-20:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D

Buyback Wallet Address on MATIC:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D

There is now over $210,336.61 worth of $FRM & $FRMx in the buyback wallets (on BSC & ERC-20) just from buyback activities & projects paying for our products using $FRM! Stay tuned for more exciting news and updates from our team at Ferrum Network.

As always, thank you for your continued support of Ferrum Network, and stay tuned for more major news & partnerships to be announced soon!

The Ferrum Network Team

About Ferrum Network

Ferrum Network is a deflationary cross-chain Blockchain as a Service DeFi company that specializes in adding token utility and advisory services to projects across the crypto space.

Ferrum builds white-label blockchain solutions that power Startups and established organizations, enabling them to get their product to market faster.

At Ferrum Network, we’re committed to building secure protocols. We consider ourselves “paranoid security freaks”. This approach boasts over 100 clients, nearly $100 million in TVL, millions of dollars worth of bridged assets, and hundreds of smart contracts deployed. We’re proud to say that we have not fallen victim to a single exploit throughout our tenure providing both our Staking as a Service and Cross-Chain bridging solutions! We took the same approach when architecting the Ferrum Cross-Chain Token Bridge as we did when integrating the security protocols used in our Staking Tech.

GAMESTA— Social Media

Website | Telegram | Twitter | Instagram | Discord | Whitepaper

Ferrum Network — Social Media

Website | Telegram | Twitter | Medium | YouTube | TikTok

Disclaimer

A project’s use of Ferrum Technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use Ferrum Technology and/or listing are clients unless otherwise stated in this disclaimer. Cryptocurrencies, tokens, and other digital assets are high-risk and highly speculative. They may lose their value. All cryptocurrency participants are advised to do their own research before interacting with cryptocurrencies.

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Jun H. Lee
FerrumNetwork

Lives to Eat. Breathes Crypto. Reads Books. Studies Markets. Loves Hot Sauce.