Social media in the real world never fails to seize the attention of the general audience, and it literally makes us spend hours and hours utilizing it. Being a crypto enthusiast, have you ever thought of such social media exclusive for crypto users? Torum will give you an answer. It is a social media platform, which is specifically designed for cryptocurrency users. It is exhaustively filled with NFT and DeFi innovations, and this makes it unique in the market. Let’s get started swiftly to discuss Torum in detail and its importance in creating your own social media platform.
An Outline On Torum
Before diving deep into the concepts, let’s begin with some basics and know what exactly Torum is all about. As said, Torum (Beta) is the first social media that brings in DeFi and NFT innovations over a single platform. The name Torum had its origin from the amalgamation of the terms ‘tokenization’ and ‘forum.’ This platform strives to unite crypto users all over the globe to establish an end-to-end crypto ecosystem of the industry. It works on a remote crew administration. They are a bunch of 18 representatives, which includes the founders and core developers from India, Malaysia, Turkey, and etc., with excellent proficiency in UI/UX, smartphone applications, cybersecurity, and much more.
The platform was built with a top-down humble with an initial development fund of $300,000. It just kick-started with 1000 seed users, while presently, they have more than 25,000 active users. Securing under 50,000 ranks by Alexa, it remains one of the supreme platforms for crypto communities from various parts of the world. In short, the crypto devotees could stay connected with one another and take in the access to all the crypto-based services on Torum.
The So-Called DeFi And NFT Innovations
The prime strategy behind the organization is that facing the proven and well-famed social media such as Facebook, Twitter, Reddit is very challenging. So Torum is basically structured only for the audience who adore blockchain and cryptocurrencies. As discussed previously, it is these DeFi and NFT innovation that makes it a unique platform in the crypto market. It yearns to embrace up-to-the-minute utility innovations. Ah Go, the CEO of Torum, says, “The rise of DeFi and NFT is a perfect catalyst that brings on board a wave of newcomers into space and Torum is definitely their ideal starting point.” Putting together, it makes the platform stand out from other crypto social media competitors that permits users from various backgrounds, even those who do not deal with the identical crypto interest.
Implementing crypto innovations such as DeFi and NFT assist the crypto communities with dynamic grounds to step in Torum while ensuring the platform remains captivating only to participants who show great interest in cryptocurrency and blockchain-related concepts.
Social Media + DeFi + NFT = Torum!
Being a Binance Smart Chain-based platform powered by XTM, BEP-20 tokens (cross-chain swap enabled on Ethereum blockchain network), Torum figures out each and every corner to incorporate NFT and DeFi functionalities. With the umpteen resources and connections from its venture capitalists team, it is able to embark into those aforementioned spaces. It brings ingenious use cases to the crypto industry.
Acknowledge The Sky-Rocketing Trend
Taking these concepts as a great source of inspiration, most of the retailers, brands, and investors are stepping into the crypto space rapidly. This is because the future of the crypto world is assumed to rely less on Ethereum due to its network congestion and other issues. The communities adore such platforms as it allows them for on-chain transaction fee at a fraction of Ethereum’s network. It is said that the platform is also about to launch an NFT marketplace, which soon joins very few NFT platforms on the Binance Smart Chain network.
This crucial trend is enhancing day after day to witness the perks of the BSC environment in the long run. Also, this platform stands as a bridge that establishes a robust connection between the assorted range of the general public and the crypto space.
Perks Of Crypto-Based Social Media
The various perks of such platforms include,
Crypto Projects Listing: All the modern, latest or even upcoming projects could be listed on the platform. These updates will make the crypto community aware of your projects.
Social Gamification: Join hands with your crypto buddies and play games to gather the tokens such as XTMs in Torum.
Crypto Atmosphere: It offers a magnificent opportunity to engage with many crypto enthusiasts with identical interests. Interact with them to have either fun discussions or serious knowledge-sharing sessions.
Single token with multiple use cases: The tokens issued in the platforms make the participants engage in a plethora of features and functionalities.
No diverged audience: Unlike other platforms, it doesn’t benefit general audiences who don’t have knowledge of cryptocurrency and blockchain technology. So it makes you stick with only serious crypto lovers.
A comprehensive decentralized ecosystem: By privileging a scalable UI/UX, it aims to shape a comprehensive decentralized crypto ecosystem for the industry in the longstanding period with a social media platform as its cornerstone
Why Prefer Cryptocurrency Exchange Script?
By this time, you would have known the importance of developing a social media platform exclusively for the crypto community. Coming up with the latest trend and adapting to such situations will do wonders. Cryptocurrency Exchange Script is a pioneer in blockchain and crypto services. Being one of the industry leaders in the market, we strive to make our clients stand unique in the market. Make use of our effective services and shape your own social media similar to that of Torum.
Wonder how? Call our experts now!