Foreon Network, a decentralized prediction market built on the Cardano blockchain, is set to transform the way we speculate on future events. By leveraging blockchain technology, smart contracts and on-chain oracles, Foreon brings transparency, security, and efficiency to the prediction market space, positioning itself as a strong competitor to established platforms like Polymarket.
What Makes Foreon Network Unique?
Unlike traditional prediction markets that often suffer from high fees, centralized control, and lack of transparency, Foreon Network offers a decentralized, efficient, and secure alternative on Cardano.
Here’s what makes Foreon special:
- On-Chain Framework: Built on Cardano, Foreon eliminates intermediaries, providing a trustless environment where users have full control over their transactions.
- Lower Transaction Costs: Leveraging Cardano’s efficient blockchain infrastructure, Foreon drastically reduces the cost associated with creating and settling bets, making it accessible to a broader audience.
- Enhanced Security and Transparency: Every transaction and interaction within the market is recorded on the blockchain, ensuring transparency and fairness for all participants.
- $FRN Utility Token: Foreon introduces its native utility token, $FRN, which empowers users to create markets, participate in governance, and earn staking rewards—all while shaping the future of prediction markets.
$FRN Presale Goes Live on Axo.trade
The $FRN token presale is set to launch on Axo.trade, a leading Order Book and launchpad on Cardano.
This is your opportunity to be part of an innovative DeFi platform and actively contribute to shaping the future of prediction markets.
Presale Details:
- Launch Date: October 22nd, 3 PM UTC
- Duration: 72 hours
- Platform: Exclusively available on Axo.trade
A total of 1,500,000 $FRN tokens which amounts to 15% of the total supply is available on the presale at two presale stages.
The First stage will make available 750,000 FRN tokens at a price of 0.7 ADA
The second stage will make available the other 750,000 FRN tokens at a price of 0.8 ADA
$FRN token will be listed on both Axo and Minswap (The Biggest AMM Dex on Cardano) at a valuation of 8.5 million ADA.
Why You Should Join the $FRN Presale:
- Early Access to Market Creation: By locking in $FRN tokens, holders will gain exclusive privileges to create their own prediction markets, directly influencing the ecosystem.
- Governance Power: $FRN holders have a say in key platform decisions, from future tokenomics to new features, enabling a truly community-driven platform.
- Incentive Programs: Enjoy rewards from transaction fee shares and other incentives aimed at fostering community engagement and platform growth.
How to Participate in the $FRN Presale:
Getting involved is simple and straightforward:
- Set Up a Cardano-Compatible Wallet: Use a wallet like Nami, Eternl, or Lace Wallet.
- Acquire ADA: You will need ADA to exchange for $FRN tokens during the presale. Make sure you have enough ADA in your wallet.
- Join the Presale on Axo.trade: Visit app.axo.trade/launch when the presale goes live and follow the instructions to participate.
If you need assistance, join the Foreon Network community on Discord or Telegram for guidance from our team and community members.
Looking Ahead: Building a Comprehensive Ecosystem
Foreon Network is more than just a platform for speculative trading—it’s a comprehensive ecosystem that empowers users to make informed decisions, utilizing decentralized consensus for a fairer prediction market experience.
With a focus on innovation and transparency, Foreon is set to reshape how people engage with prediction markets.
Stay Connected with Foreon Network
Stay updated with the latest developments, guides, and community news by following Foreon Network:
Website: https://foreon.network/
Litepaper: https://docs.foreon.network/
X: https://x.com/foreonnetwork
Discord: https://discord.com/invite/zwPfBRGDEu
Telegram: https://t.me/foreonnetwork
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