Executive Summary
Last updated
Last updated
FERO CASH offers crypto-backed instant loans that can be used directly via the FERO Debit card or through fiat payouts via bank transfer. This resolves a significant inefficiency in the crypto world and allows users to utilize their crypto assets flexibly.
The innovative model of FERO CASH combines the best of both worlds: users retain 100% ownership of their digital assets while having immediate access to cash. The instant crypto-backed loans are an automatic, flexible, and cost-efficient way to obtain liquidity, secured by the value of the customer’s digital assets. The process is completed with just a few clicks, without hidden fees and credit checks. Transparency is ensured through the use of blockchain technology, smart contracts, and algorithmic processes executed by the FERO Oracle.
FERO CASH is operated by Aegaeon Medianet s.r.o.. Aegaeon Medianet s.r.o. will acquire a license to operate a CEX from a leading FinTech group that has been serving hundreds of thousands of people across Europe. The group has always operated under the highest regulatory requirements and strict supervision by multiple European banking and financial regulatory authorities.
The FERO CASH team consists of highly skilled professionals with extensive experience in blockchain, eCommerce, IT development, and international partnerships. Each team member brings unique expertise to successfully implement the FERO CASH vision and continuously advance the platform.
Now, the same team, supported by a growing network of FERO CASH supporters and the enormous demand for crypto instant loans, will drive the value of digital assets in a token economy that has the potential to transform the structure of a 15 trillion-dollar market.