Foreon Network ($$FRN) ICO
Token Sale : 22-10-2024
–
28-10-2024
| Launchpad | On Website |
|---|---|
| Buy $$FRN Now | Buy Here |
| Total Supply Qty | 10,000,000.00 |
| Tokens for Sale | 700,000.00 |
| % of Supply | 7.00% |
| Stage | Presale |
| Fundraising Goal | 70,000 |
|---|---|
| $$FRN ICO Price | 0.1 USDT |
| 1 USDT | 10.0000 |
| Soft Cap | TBA |
| Hard Cap | TBA |
| Personal Cap | TBA |
Foreon Network ($$FRN) ICO Crypto
- Project Details| $$FRN Project Category | DeFi |
|---|---|
| $$FRN Contract Address | Cardano-Ecosystem e69eaae4740f240ba9dfffd0ed6b7cb34070efe567e2ec841e3b7562 |
| WHITE PAPER | NA |
|---|---|
| Website | Foreon Network Website |
| Social Media |
About Foreon Network ($$FRN) Project
Foreon Network is a decentralized prediction market platform that leverages Blockchain Technology to enable transparent and trustless forecasting for various events, including financial markets, sports, politics, and more. Built on the Algorand blockchain, Foreon aims to provide a secure, scalable, and low-cost environment where users can create, participate in, and settle prediction markets without relying on centralized intermediaries. This decentralized approach ensures unbiased outcomes and allows users to maintain control over their assets while participating in markets that are verifiable and resistant to censorship.
Foreon incorporates a native token, $FRN, which plays a central role in governance, staking, and reward mechanisms. Users can stake $FRN to earn rewards, influence platform decisions, and secure the network. With a focus on community engagement and transparency, Foreon Network empowers users to gain insights, make informed decisions, and forecast outcomes based on crowd-sourced information. Additionally, Foreon offers a user-friendly interface making it accessible for both newcomers and experienced users in the prediction market space, aiming to revolutionize the way people engage with decentralized finance and forecasting platforms.
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Discussion
Frequently Asked Questions (FAQs)
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The terms initial coin offering (ICO) and initial dex offering (IDO) are somewhat similar to an initial public offering (IPO) on the stock market. An ICO is a method
of raising funds for the development of new blockchain apps, cryptocurrencies, or
financial services. Both are methods of crowdfunding in which investors may buy
tokens generated by the company. The only difference between them is that in an ICO,
tokens are sold before exchange listing, and tokens in an IDO are immediately listed
on the DEX (Decentralized Exchange) via which they are launched.
ICO and IDO are the same and different in many aspects. In both of these token issuers, don't pay direct fees to middlemen. And this is what is in keeping with
Bitcoin and other altcoins peer to peer culture. However many IDO launchpads are
changing due to their growing popularity and usage growth.
IDO is beneficial in many ways. It offers transparent and equal fundraising, fast trading practices and instant liquidity.
An ICO model helps in providing sufficient liquidity, it allows minimal paperwork and also guarantees high returns on investments.
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