The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

By MakeItReal | MakeItReal | 12 Jun 2021


Hello HODLers,

As Torum Ambassador, I'm so glad to announce you a new feature that will be soon launched in the Torum ecosystem: an NFT launchpad!

What is Torum NFT Launchpad?

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.
The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.
The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects, but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

Why choose Torum NFT Launchpad?
Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including - Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

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MakeItReal
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