Good morning!

Here comes the second in-depth analysis dedicated to Torum, the amazing crypto-social I have the honor of being an Ambassador! After the previous article about the project intro, today we'll study the expansion of Torum on the Binance Smart Chain that will allow to optimize DeFi services and the NFT marketplace.

If you haven't read my introduction to Torum yet I suggest you read this article: https://www.publish0x.com/makeitreal/crypto-social-plus-defi-plus-nft-intro-to-torum-xlydmve

Torum is the first social network designed for all crypto and blockchain enthusiasts, which rewards users who interact on the platform paying with its native token (XTorum).
The developing team yesterday released the third version of the whitepaper, here's the link: https://whitepaper.s3.us-east-2.amazonaws.com/torum-whitepaper-V3.0-EN.pdf

The project started last July with the launch of the social platform and is rapidly expanding in DeFi and NFT. XTM token will be listed on the main exchanges starting from April, the team will announce shortly on which exchanges the listing will start.
The potential of the platform is tremendous in my opinion, but of course I invite you to do your own research as these are not financial advice.
So I decided to go and rattle off the Torum Whitepaper to introduce you to the ecosystem that Torum is building.

But let's get to the topic of today's in-depth study: Torum's expansion on the Binance Smart Chain.
The native token of the platform is XTorum (XTM), an ERC-20 token that will be officially listed at the end of April (we are awaiting the official announcement from the developing team). As with all projects built on Ethereum, the very high gas fees could limit mass adoption. For this reason, the Torum team has decided to develop XTM on both the Binance Smart Chain and the Ethereum blockchain. A cross-chain swapping functionality will be implemented in the coming days to allow the community to use XTM (BEP-20) and eXTM (ERC-20) interchangeably.

Why Binance Smart Chain (BSC) for DeFi and NFT marketplace?
Torum NFT Marketplace and Torum Finance will be built on BSC primarily for one reason: significantly cheaper transaction fees.
The Ethereum blockchain has the advantage of the liquidity network effect, but it won't be long before DeFi projects will move to other chains that can provide cheaper transaction fees and faster transaction speeds.
The main advantages of the BSC compared to Ethereum are represented in this way in the Torum Whitepaper:

And these are the new features that will be integrated in the coming days on Torum thanks to the development on the Binance Smart Chain:

Earn crypto engaging in a crypto-centric social network:
Join Torum, the first social media platform specifically built for cryptocurrency communities around the world, and earn XTM (XTorum) rewards for your daily and weekly engagement. XTM is the ERC-20 and BEP-20 utility token of Torum ecosystem and will be listed on exchanges in April or May 2021. Read Torum Whitepaper to figure out XTM token utilities and the potential of the platform: https://whitepaper.s3.us-east-2.amazonaws.com/torum-whitepaper-V3.0-EN.pdf. Sign up using my referral link and earn 75 XTM airdrop after email and phone verification: https://www.torum.com/signup?referral_code=makeitreal