Foreon Fridays: Episode 8
Hello Foreon Community! 🎉
We’re thrilled to announce the relaunch of our Foreon Fridays Weekly Series.
A lot has happened since Episode 7, and we’re excited to bring you up to speed with all the developments over the past few weeks.
Let’s dive in! 🚀
Highlights from the Past Weeks
1. Successful IDO on AXO Launchpad: We launched and successfully completed our IDO on AXO Launchpad, and we’re excited to announce that liquidity has been supplied to Minswap, kickstarting public trading of the $FRN token.
2. Refreshed Litepaper Release: The updated Foreon Litepaper is now live, offering a clearer vision of our goals, token utility, and roadmap.
If you haven’t read it yet, we highly recommend checking it out!
3. $FRN Token Claim for NFT Bond Holders: Foreon NFT Bond holders can now begin claiming their $FRN tokens, thanks to our integration with DripDropz.
If you’re a Foreon NFT holder, head over to DripDropz today and start claiming your tokens! 🌟
4. Coingecko Listing Application: We’re in the process of applying for $FRN token to be listed on Coingecko. Stay tuned for updates as we work to bring more visibility to Foreon Network.
Exciting Updates for $FRN Utility: The $FRN token is evolving to offer even more utility within the Foreon ecosystem:
Market Creation: Users will need to lock 25,000 $FRN tokens to create markets, ensuring a robust and committed ecosystem.
Decentralized Oracle Validator Research: We’re exploring how Foreon NFTs could act as decentralized oracle validator nodes.
NFT holders would stake their NFTs alongside $FRN tokens to help resolve markets — a feature that could further enhance decentralization and community involvement.
Development Updates
On the technical side, the team has made remarkable progress to improve the platform:
Code Simplification: The codebase has been streamlined for better efficiency.
Plutus V3 Upgrade: We’ve upgraded the script from Plutus V2 to V3, keeping us ahead of the curve.
Modularized Smart Contracts: The contract code is now more modular, enhancing maintainability and scalability.
Looking Forward
We’re committed to building an even better Foreon Network experience. Here’s what’s next:
Off-Chain Code Enhancements: Improvements to the off-chain code for the Foreon Smart Contract are underway.
Tutorial Videos: We’ll be sharing easy-to-follow video guides on how to:
Create markets
Participate in markets
Resolve outcomes
Claim payouts
Stay tuned for these tutorials in the upcoming episodes of Foreon Fridays!
Thank you for your continued support and engagement.
As we move forward, we’re excited to build the future of decentralized prediction markets on Cardano — together. 💡
Stay connected:
🌐 Website: foreon.network
📜 Litepaper: docs.foreon.network
