FLy Token Price Moves Up on +20% as the first IDO was launched on the BO/FLy launchpad platform

On Thursday, August 5, the FLy token (FLY/USDT) experienced a price rise. As of moment of writing, the native token of the VRM ecosystem is up by 17% and is trading at the $0.03155 mark.

On July 19th, BO, a liquidity-providing platform incubated by the high-frequency quantitative trading institution VRM, launched the CeDeFi launchpad, where innovative projects can build a strong community, raise funds and achieve liquidity in a simple, secure and transparent way.

FLyECO, a retail oriented platform, which provides wide range of services for FLy token holders, has announced a strategic partnership with Ming Huang Academy, research institute focused on Chinese market promotion within Key Opinion Leaders (KOL) of community.

How to Bridge the gap between projects and Investors:
FLy ECO Launchpad

In January 2020 we heard of a mysterious virus that was causing pneumonia-like symptoms. Today, much of the world as we know it has come to a standstill. One-third of the world population is in some form of lockdown due to the Covid-19 pandemic.

In a surging crypto market, some assets will always perform better than others. Projects with a strong chance of gaining user adoption and lasting in the long-term offer give the best chances of healthy returns.

Many projects are catering to different requirements and varying in terms of safety and security, convenience, accessibility, and so on. But unlike most of them, VRM is unique in its approach.

How and where to buy FLy

FLy is the native token of the VRM and Black Ocean’s ecosystem. We have put together a brief and easily digestible guide to help get started adding FLy to your portfolio. Please be careful when transferring your tokens. If you’re looking to buy FLy you can check out our list of exchanges below.

In our previous article (on April, 30), we analyzed the dynamics of the most popular utility tokens (BNB, OKB, HT), seeing how in just a year some of them grow in price 17 times. In addition to this market players, we also got acquainted with the new Franklin (FLy) utility token created to serve the VRM business ecosystem.

Utility tokens have hit new all-time highs this week. Let’s take a look at the changes have occurred and make some conclusions about the reasons of this movement and the results of our previous forecasts.

FLyECO, a retail oriented platform, which provides wide range of services for FLy token holders, has announced it signed a strategic partnership with the marketing advisement company Dynasty. 

FLy token team held the “FLy hunters” game from April 9th till April 15th. The main game reward was $10 000 worth of FLy tokens. The total amount of players was around 2 000 people. The game was created to familiarize the project community with all the details and services of the VRM HFT company.

FLyECO has announced it signed a strategic partnership with Bagels Finance.

FLyECO, retail orientated platform, entered into a strategic partnership with Bagel Finance, which provides infrastructure for leveraged yield-farming protocols. The partnership creates an opportunity for retail and institutional holders of FLy tokens to get a passive, risk-free income from staking their assets and providing liquidity for leveraged traders.