{"id":649996,"date":"2024-10-26T11:08:37","date_gmt":"2024-10-26T11:08:37","guid":{"rendered":"https:\/\/uniquehot.com\/?post_type=press_release&#038;p=649996"},"modified":"2024-10-26T11:08:37","modified_gmt":"2024-10-26T11:08:37","slug":"foreon-network-launches-frn-utility-token-a-new-competitor-to-polymarket-with-enhanced-features-on-cardano","status":"publish","type":"press_release","link":"https:\/\/uniquehot.com\/press-releases\/foreon-network-launches-frn-utility-token-a-new-competitor-to-polymarket-with-enhanced-features-on-cardano\/","title":{"rendered":"Foreon Network Launches $FRN Utility Token: A New Competitor to Polymarket with Enhanced Features on Cardano"},"content":{"rendered":"<p><b>October 22, 2024<\/b><span style=\"font-weight: 400\"> \u2013 <\/span><a href=\"https:\/\/foreon.network\/\" rel=\"nofollow\"><b>Foreon Network<\/b><\/a><span style=\"font-weight: 400\"> is proud to unveil the launch of its <\/span><a href=\"https:\/\/docs.foreon.network\/foreon-network-token\" rel=\"nofollow\"><b>$FRN utility token<\/b><\/a><span style=\"font-weight: 400\">, a significant step forward in the evolution of prediction markets on Cardano.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Designed to harness the power of crowd wisdom, Foreon Network allows users to forecast future events and back their predictions with $ADA or $USDM, a cardano native Stablecoin\u2014ushering in a new era of transparency and fairness in decentralized finance (DeFi).<\/span><\/p>\n<h3><b>Bringing Prediction Markets to the Next Level<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Foreon Network redefines how we engage with prediction markets by merging the collective intelligence of the crowd with blockchain technology. Built on the Cardano blockchain and powered by Aiken smart contracts, Foreon aims to reshape DeFi and risk management, offering users a transparent, decentralized platform where they can speculate on real-world outcomes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Whether it\u2019s predicting the winner of the next presidential election, a sports championship, or even weather-related events, Foreon is transforming an industry traditionally clouded in secrecy into one that is transparent, decentralized, and community-driven.<\/span><\/p>\n<h3><b>Why Foreon Network Stands Out: Pioneering Prediction Markets on Cardano<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Foreon Network allows users to buy and sell shares in the outcomes of future events\u2014shares that can be traded like digital assets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Whether you want to predict sports outcomes, election results, or other world events, Foreon Network provides an innovative, open market for betting on what lies ahead. This innovative platform allows for a fairer prediction market, free from manipulation by central intermediaries.<\/span><\/p>\n<h3><b>$FRN Utility Token: Your Ticket to the Future of DeFi<\/b><\/h3>\n<p><span style=\"font-weight: 400\">At the heart of the Foreon Network ecosystem lies the <\/span><a href=\"https:\/\/docs.foreon.network\/foreon-network-token\" rel=\"nofollow\"><b>$FRN token<\/b><\/a><span style=\"font-weight: 400\">, offering multiple utilities:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Create Markets<\/b><span style=\"font-weight: 400\">: Holders can lock their $FRN tokens to create their own prediction markets.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Staking Rewards<\/b><span style=\"font-weight: 400\">: Stake $FRN to earn additional rewards and be part of a thriving community<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Governance Participation<\/b><span style=\"font-weight: 400\">: Influence critical decisions that shape the platform&#8217;s future.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Buybacks &amp; Burns<\/b><span style=\"font-weight: 400\">: Participate in buybacks that enhance token value through reduced supply.<\/span><\/li>\n<\/ul>\n<h3><b>$FRN Token Presale on Axo.trade: Get in Early<\/b><\/h3>\n<p><span style=\"font-weight: 400\">The $FRN token presale will be launched exclusively on <\/span><a href=\"https:\/\/app.axo.trade\/launch\/foreon\" rel=\"nofollow\"><b>Axo.trade<\/b><\/a><span style=\"font-weight: 400\">, a Tier-1 IDO launchpad on Cardano, offering a chance to be part of this promising project before the official DEX listing.<\/span><\/p>\n<p><b>Presale Details:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Token Supply<\/b><span style=\"font-weight: 400\">: 1,500,000 $FRN (15% of the total supply)<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Two Presale Stages<\/b><span style=\"font-weight: 400\">:<\/span>\n<ul>\n<li style=\"font-weight: 400\"><b>Stage 1<\/b><span style=\"font-weight: 400\">: 750,000 $FRN at 0.7 ADA per token<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Stage 2<\/b><span style=\"font-weight: 400\">: 750,000 $FRN at 0.8 ADA per token<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400\"><b>Listing Price<\/b><span style=\"font-weight: 400\">: $FRN tokens will be listed on <\/span><a href=\"https:\/\/app.axo.trade\/launch\/foreon\" rel=\"nofollow\"><b>Axo<\/b><\/a><span style=\"font-weight: 400\"> and Minswap DEX at a valuation of 8.5 million ADA.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">This is your chance to get in early and secure $FRN tokens before they hit the wider Cardano market. Visit <\/span><a href=\"https:\/\/app.axo.trade\/launch\/foreon\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/app.axo.trade\/launch\/foreon<\/span><\/a><span style=\"font-weight: 400\">\u00a0 to join the Foreon Network presale today!<\/span><\/p>\n<h3><b>Why Early Investors Stand to Gain<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Getting in early during the <\/span><a href=\"https:\/\/docs.foreon.network\/foreon-network-token\" rel=\"nofollow\"><b>Foreon Network $FRN presale<\/b><\/a><span style=\"font-weight: 400\"> is more than an investment\u2014it&#8217;s about being a part of a financial revolution on Cardano.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Early investors can acquire $FRN tokens at a discounted rate before the dex listing, providing the potential for significant returns as the platform grows.<\/span><\/p>\n<p><b>Join the $FRN Presale<\/b><span style=\"font-weight: 400\">:<\/span> <span style=\"font-weight: 400\">https:\/\/app.axo.trade\/launch\/foreon<\/span><\/p>\n<p><span style=\"font-weight: 400\">As Foreon Network continues to break down barriers in traditional markets, early investors have a unique opportunity to participate in the growth of this decentralized, community-driven prediction platform.<\/span><\/p>\n<h3><b>Conclusion<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Foreon Network is pushing the boundaries of decentralized finance by offering an innovative, transparent platform for prediction markets on Cardano.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With $FRN as more than just a utility token\u2014it&#8217;s a gateway to a community-powered prediction market, enabling users to take control of their financial future.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Don&#8217;t miss your chance to join the journey and shape the future of prediction markets with Foreon Network.<\/span><\/p>\n<p><b>Website:<\/b> <a href=\"https:\/\/foreon.network\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/foreon.network\/<\/span><\/a><br \/>\n<b>Pitch Deck:<\/b> <a href=\"https:\/\/foreon.network\/pitchdeck\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/foreon.network\/pitchdeck<\/span><\/a><br \/>\n<b>Litepaper:<\/b> <a href=\"https:\/\/docs.foreon.network\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/docs.foreon.network\/<\/span><\/a><br \/>\n<b>X:<\/b> <a href=\"https:\/\/x.com\/foreonnetwork\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/x.com\/foreonnetwork<\/span><\/a><br \/>\n<b>Discord:<\/b> <a href=\"https:\/\/discord.com\/invite\/zwPfBRGDEu\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/discord.com\/invite\/zwPfBRGDEu<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/a><b>Telegram:<\/b> <a href=\"https:\/\/t.me\/foreonnetwork\" rel=\"nofollow\"><span style=\"font-weight: 400\">https:\/\/t.me\/foreonnetwork<\/span><\/a><\/p>\n<p class=\"p1\"><b><i>Disclaimer:\u00a0This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.<\/i><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 22, 2024 \u2013 Foreon Network is proud to unveil the launch of its $FRN utility token, a significant step forward in the evolution of prediction markets on Cardano. Designed to harness the power of crowd wisdom, Foreon Network allows users to forecast future events and back their predictions with $ADA or $USDM, a cardano native Stablecoin\u2014ushering in a new era of transparency and fairness in decentralized finance (DeFi). Bringing Prediction Markets to the Next Level Foreon Network redefines how we engage with prediction markets by merging the collective intelligence of the crowd with blockchain technology. Built on the Cardano blockchain and powered by Aiken smart contracts, Foreon aims to reshape DeFi and risk management, offering users a transparent, decentralized platform where they can speculate on real-world outcomes. Whether it\u2019s predicting the winner of the next presidential election, a sports championship, or even weather-related events, Foreon is transforming an industry traditionally clouded in secrecy into one that is transparent, decentralized, and community-driven. Why Foreon Network Stands Out: Pioneering Prediction Markets on Cardano Foreon Network allows users to buy and sell shares in the outcomes of future events\u2014shares that can be traded like digital assets. Whether you want to predict sports outcomes, election results, or other world events, Foreon Network provides an innovative, open market for betting on what lies ahead. This innovative platform allows for a fairer prediction market, free from manipulation by central intermediaries. $FRN Utility Token: Your Ticket to the Future of DeFi At the heart of the Foreon Network ecosystem lies the $FRN token, offering multiple utilities: Create Markets: Holders can lock their $FRN tokens to create their own prediction markets. Staking Rewards: Stake $FRN to earn additional rewards and be part of a thriving community Governance Participation: Influence critical decisions that shape the platform&#8217;s future. Buybacks &amp; Burns: Participate in buybacks that enhance token value through reduced supply. $FRN Token Presale on Axo.trade: Get in Early The $FRN token presale will be launched exclusively on Axo.trade, a Tier-1 IDO launchpad on Cardano, offering a chance to be part of this promising project before the official DEX listing. Presale Details: Token Supply: 1,500,000 $FRN (15% of the total supply) Two Presale Stages: Stage 1: 750,000 $FRN at 0.7 ADA per token Stage 2: 750,000 $FRN at 0.8 ADA per token Listing Price: $FRN tokens will be listed on Axo and Minswap DEX at a valuation of 8.5 million ADA. This is your chance to get in early and secure $FRN tokens before they hit the wider Cardano market. Visit https:\/\/app.axo.trade\/launch\/foreon\u00a0 to join the Foreon Network presale today! Why Early Investors Stand to Gain Getting in early during the Foreon Network $FRN presale is more than an investment\u2014it&#8217;s about being a part of a financial revolution on Cardano.\u00a0 Early investors can acquire $FRN tokens at a discounted rate before the dex listing, providing the potential for significant returns as the platform grows. Join the $FRN Presale: https:\/\/app.axo.trade\/launch\/foreon As Foreon Network continues to break down barriers in traditional markets, early investors have a unique opportunity to participate in the growth of this decentralized, community-driven prediction platform. Conclusion Foreon Network is pushing the boundaries of decentralized finance by offering an innovative, transparent platform for prediction markets on Cardano. With $FRN as more than just a utility token\u2014it&#8217;s a gateway to a community-powered prediction market, enabling users to take control of their financial future. Don&#8217;t miss your chance to join the journey and shape the future of prediction markets with Foreon Network. Website: https:\/\/foreon.network\/ Pitch Deck: https:\/\/foreon.network\/pitchdeck Litepaper: https:\/\/docs.foreon.network\/ X: https:\/\/x.com\/foreonnetwork Discord: https:\/\/discord.com\/invite\/zwPfBRGDEu Telegram: https:\/\/t.me\/foreonnetwork Disclaimer:\u00a0This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.<\/p>\n","protected":false},"author":9,"featured_media":649997,"parent":0,"template":"","class_list":["post-649996","press_release","type-press_release","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n<title>Foreon Network Launches $FRN Utility Token: A New Competitor to Polymarket with Enhanced Features on Cardano | NewsBTC<\/title>\n<meta name=\"description\" content=\"October 22, 2024 \u2013 Foreon Network is proud to unveil the launch of its $FRN utility token, a significant step forward in the evolution of prediction\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/press-releases\/foreon-network-launches-frn-utility-token-a-new-competitor-to-polymarket-with-enhanced-features-on-cardano\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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