Hello HODLers,
As Torum Ambassador I'm very proud to introduce you the project and summarize the last AMA.
Introduction to Torum
Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users.
Backed by Huobi Ventures and 20 other strategic investors like AU21 & Consensus Lab, Torum is one of the the fastest-growing crypto social media platforms with an impressive monthly user growth rate of 10% to 30%.
How to earn on Torum?
Join Torum, the first social media platform built for crypto enthisiasts around the world, and earn XTM (XTorum) rewards for your daily and weekly engagement. XTM is the BEP-20 utility token of Torum ecosystem and will be listed on exchanges soon. Read Torum Whitepaper to figure out XTM token utilities and the potential of the ecosystem (Crypto-social + DeFi platform + NFT marketplace): https://whitepaper.s3.us-east-2.amazonaws.com/torum-whitepaper-V3.1-EN.pdf
Sign up with my referral link and earn 35 XTM airdrop after email and phone verification: https://www.torum.com/signup?referral_code=makeitreal
Torum AMA
Torum CMO & Community Manager, Jayson Tan had the pleasure of attending an AMA organized in collaboration with CryptoNationIN on the 16th of August 2021.
Twitter Questions
Q1. I saw that Torum had recently acquired a strategic investment and partnership with Houbi Ventures HECO Fund. Does this mean we’ll be seeing Torum be able to work, adapt and communicate with the HECO network?
Jayson: Absolutely. We have been in talks with some of the most promising projects in the HECO chain and working on onboarding them to Torum.
The Huobi Ventures’s resources and connections make things alot easier here.
There is a lot more that I wish to share, but I prefer to let my actions do the talking.
Q2. When creating a social media platform you need to have an addictive factor, so users will spent more time in it, how do you keep users hooked after they know the platform? what makes Torum interesting as time pass?
Jayson: First one is the mission incentive of Torum. Everyone can complete a series of social media tasks and receive XTM in return.
A potential earning is still the best essence for a crypto user to continue using something. The GameFi trend proves that. As we go into Q4 2021, we will transition into a more complex SocialFi ecosystem, where the profit generated by the ecosystem will be channeled to the community on Torum.
Compared to other social projects, Torum can offer something that others could not provide, which is a social media ecosystem that is exclusively for crypto users and built with crypto-niche features, like the Torum Airdrop and Torum NFT Launchpad that are covered just now.
Imagine going to a world where everyone is a cryptocurrency user and you can find every crypto-related service like finding #DeFi projects, buy #NFTs, participate in #airdrop campaigns, join a crypto #AMA session, etc.
I don’t think there is any reason not to use Torum as a cryptocurrency and blockchain enthusiast.
Q3. Can you tell more details about Torum please and how the NFTs will be used?
Jayson: As an intro to what the author is asking, Torum Finance is the DeFi platform of the Torum ecosystem. The NFTs that are mentioned here is the 363 ISNO NFTs that Torum sold back in May 2021 (https://www.globenewswire.com/news-release/2021/05/12/2228322/0/en/Torum-Completed-the-World-s-First-Initial-Staking-NFT-Offering-in-Less-than-20-Minutes.html).
You can either sell the NFTs to other people or stake in Torum Finance to increase your LP farming stake.
So, 15% of the total token supply will go to this LP farming over a span of 33 months.
After you provide LP with XTM and BUSD on Pancake, you can stake the LP tokens on Torum Finance to get a reward of this LP reward. In addition to stake the LP tokens, you can also stake the ISNO NFTs to multiply your stake in the pool.
This means that with the same amount of LP tokens, any LPs who staked the NFTs will enjoy a premium bonus stake, which potentially increase your earning as a LP.
Hope this answer your question, mate.
Q4. What do you consider to be the best features of “Torum”? Are there any features that “Torum” has that we can’t get on any other platform? Where can we stay informed of all the news that “Torum” has to offer us?
Jayson: In addition to the Torum Airdrop and Torum NFT Launchpad that were covered, Torum will be launching other key features like
• Torumgram
• Torum NFT Marketplace
• Torum Finance
• Torum News
• Torum Lounge
You can find the description of each feature here: https://medium.com/torum-official/unveiling-the-torum-h2-development-roadmap-5b664f655500
Among them, Torum Lounge, Torumgram and Torum News are the 3 key features that you can’t find on other social media platforms.
Torumgram is the feature for you to integrate Telegram to Torum. Imagine using Telegram for altcoins hunting and then sharing the info directly on a social media platform.
Torum Lounge is an interactive audio board for creators, influencers and projects to hold podcasts and AMA. Imagine having a crypto Clubhouse together on a comprehensive social media platform.
Torum News is the place for everyone to get updated to any latest media news of their favorite projects.
I might be biased here, but I don’t think there is any social media platform that is as innovative and creative like us.
Q5. Many people want to learn about your project but they have problem with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have marketing strategy aimed at developing many different communities?
Jayson: This concern is 100% valid. We faced culture shock and language barrier as we expand to different regions.
The first improvement we made is the global translation feature on Torum. Might sounds strange for you, only Torum is doing a translation feature to better connect every crypto lover in the industry. Other social media projects are kinda ignorant to this little puzzle. With a global translation feature, everyone can understand one another better, thus a more connected social media platform is created.
The next one is the community ambassador program that will be released in the coming mid Sep (expected). We will be getting onboard some top quality community leaders from different countries to lead the Torum community across all the regions.
Having a person speaking your common tongue is still the best way to communicate something.
I am confident that with these two key puzzles are secured, the communication issues will be minimal.
Sign up with my referral link and earn 35 XTM airdrop after email and phone verification: https://www.torum.com/signup?referral_code=makeitreal
