Torum, the Swiss Army Knife of the Crypto Ecosystem – Sponsored Bitcoin News

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If you’ve ever wondered why crypto projects are rising and falling so quickly, you are not alone. In fact, barely 7 months after the 2017 bull run ended, it was over 800 projects no longer exist like a cloud of smoke.

In order to understand the reason why 90% of crypto startups will fail, there are a few factors to consider, including lack of funds, excessive reliance on hype, and immature business model.

However, without projects that pave the way for innovation, there would be no DeFi, IDOs or NFTs. The entire cryptocurrency community wouldn’t even exist simply because there are no projects to support them.

However, growth will be difficult to achieve every time the crypto winter occurs. Investors are flushed out of the market while projects are left to their own devices to last for years to come until the next bull run.

This presents any crypto project in the industry with a survival question that begs the question: How does a project navigate the bear run when all that capital and community is leaving the industry?

Torum, the world’s first DeFi + NFT social media platform specially developed for the crypto space, aims to solve this longstanding dilemma.

Community consensus for equal survival

To survive in a bear market, securing community support is essential. Without an active community behind a project, the project simply starts its own countdown to death.

However, the industry always lacks an inexpensive channel for projects to expand its presence. To get in touch with the cryptocurrency communities, most projects are forced to use PR, airdrops and offline events that only deliver short-term results but remain costly as always.

As a social media platform with over 59,000 unique cryptocurrency users, this is where Torum comes in. In July 2021, Torum will unveil an ecosystem development strategy aimed at connecting and enriching all industry leaders, communities and projects in the current crypto industry.

A one-stop marketing suite for projects

In the coming half-year 2021, Torum will shift the focus of ecosystem development to integrating a range of project-specific features that will enable project owners to build and manage their community while helping projects achieve the desired marketing exposure in a cost-effective manner, including:

– Torum NFT Launchpad: Project owners can issue a number of limited edition NFTs to the community

– Torum NFT marketplace: The first socially-infused NFT marketplace with the ability to add NFTs to Torum’s existing user base. market

– Torum airdrop: An exclusive feature to only the best projects to run Airdrop that helps generate interest and awareness in the Torum community

– Torum news: A one-stop area that gathers the news and intelligence on a project to maximize industry and public credibility

– Torum x telegram bridge: A section for project owners to tweak their latest Telegram announcement on Torum to get the best community interest and exposure effect

– Torum audio meeting: A pure audio board for project owners to carry out AMA and close-knit events.

With these functional integrations, Torum can offer project owners the following premium benefits:

• Onboarding and managing your community on Torum in one smooth process
• Stay active and get involved with the community
• Synchronize project news with an information center hub
• Access to the existing 59,000 Torum Community Base

Utility innovation and value

When it comes to the social media space, it’s not surprising that most crypto social media projects are trying to become the next crypto facebook or twitter. However, Torum took a different approach.

Rather than trying to connect them all together, Torum just focuses on developing features and integrations that add value to the company Bitcoin OGs, ether enthusiasts and altcoin degens. The idea paves the way for the birth of the first social media platform reinforced with crypto cultures and memes like HODL, Bitconnect, Lambo etc.

Undoubtedly, Torum’s strategic minds have proven to be working as the platform has amassed over 59,000 users in a highly saturated industry while other social media peers are struggling to attract and retain users from a red ocean market.

The next leading crypto social media

Supported by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent crypto VCs, Torum is the first project to combine social media, NFT and DeFi innovations.

The project also completed an exclusive INO event in May 2021. Sell ​​$ 243,000 worth of NFTs in less than 20 minutes. In addition, Torum has partnered with strong and respected industry players including MantraDAO, Poly Network, Kylin Network, Darkpool Liquidity and Jinse Finance.

With over 59,000 registered users, Torum has proven to be one of the fastest growing social media platforms, growing between 10% and 30% every month for the past 12 months, connecting cryptocurrency users from over 40 different countries, including the US and Canada connecting, Italy, Germany, Australia, China, Singapore, etc.

Upcoming token generation event

In the coming H2 of 2021, Torum will make its token launch debut with its native tokens – XTM for subscription. The latest token sale announcement will be updated through the Torum official Telegram group and channel. Upon successful launch, Torum will jump straight into the listing process and aggressively work towards the vision of building the largest ecosystem in the crypto industry.

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