We are thrilled to announce our partnership with Ferrum Network, the Directed Acyclic Graph (DAG) based interoperability network connecting blockchains and creating a smoother path for fast cross-chain transfers between digital assets.
This collaboration with such a well-established project as Ferrum Network will be a significant step forward in YAY Games development. Ferrum Network will be adding immense value to our brand, offering vesting, advising, and marketing services. A fundraiser for the private sale of $YAY token will also be organized by the Network.
YAY Games now joins the long list of renowned partners using Ferrum Network’s pioneer technology. To learn more about Ferrum Network, read below or visit their official website.
About Ferrum Network
Created during the 2018 bear market by a team packed with highly skilled software engineers and business professionals, Ferrum Network’s primary goal is to bring cryptocurrency to the masses.
Ferrum Network is a blockchain protocol that delivers financial applications to emerging markets with both product and network utility. With over 20,000 users acquired since its launch, they now have four released products.
Ferrum’s Decentralized Finance(DeFi) staking technology has more than fifty clients and over $20 million in Total Value Locked (TVL). Also, they have recently incubated two new projects. The first one is Bondly, a Non-fungible Token(NFT) project that made a 15x return for investors, and the second was Poolz, which produced approximately 20x returns.
In early 2020 the project created its own mobile wallet UniFyre. The wallet is non-custodial and features a distinctive feature that allows users to send cryptocurrencies over any chat app using just a link. Such a feature has the potential to be a massive leap in mass crypto adoption.
And finally, Ferrum Network has recently launched a cross-chain bridge that enables users to swap several digital assets in a matter of seconds and for almost zero fees. Each translation will burn a small amount of $FRM, the native token of the platform, thus increasing its value and creating a deflationary system.
About YAY Games
YAY is a decentralized gaming marketplace designed for gamers, traders, and farmers that merges the gaming sector with decentralized finance.
YAY, at its core, is a gaming marketplace platform that is introducing multiple games in a decentralized way, utilizing blockchain technology to diminish the gap between games and decentralized finance.
We bring the regular gamer into the blockchain by adding innovative in-game mining mechanics, farming pools, and non-fungible tokens to casual games. Thus, rewarding the user based on the number of games played, achievements accomplished, tournaments, and more.