Technical Notes｜Torum Platform Experience

foreword

Many friends may have been using the Torum platform for a while. For those who have not used the Torum platform, in short, it is a social platform focusing on cryptocurrencies. I joined this platform in the middle of this year, just now. The platform currency (XTM) reward given by the platform is quite good at the beginning. As long as you conduct social behaviors such as posting articles, reposting articles, leaving messages, and helping articles, you can reward the platform currency (XTM), and then the platform currency (XTM) will also be rewarded. Before the currency is listed, platform users cannot know its value, but the information on various cryptocurrencies in the discussion area is updated very quickly. Users come from all over the world, so the information is quite diverse. Most of the discussion area articles are It is published in English. It does not exclude English words. It is a good information channel and one of the main reasons for me to use it.

What is Torum?

Torum is a DeFi and NFT social media platform specially designed for cryptocurrency users. Backed by more than 18 prominent strategic investors including AU21, Consensus Labs, DFG, Waterdrip Capital and Redline Capital, Torum has become one of the fastest growing social media platforms with over 56,000 cryptocurrency enthusiasts from all over the world All joined the Torum platform.

Torum defines itself as a SocialFi platform. SocialFi is a combination of Social and Finance. Some people think that SocialFi is an ecosystem of Social+DeFi+NFT that combines Web 2.0 and Web 3.0. There are two kinds of monopoly to be solved. One is the monopoly of traditional social platform giants, such as Facebook, etc. for content creators, content creators can only obtain a small part of the economic benefits, and the other is that people with huge social influence The monopoly of ordinary content creators, SocialFi is in a very early stage of development, and Torum is one of the few pioneers.

Features of Torum Platform

From the official description of the Torum ecosystem, it is mentioned that Torum adopts a hybrid model of centralization and decentralization (Hybrid Decentralized Model), Web2.0 users can easily enter the blockchain world in a familiar way, and gradually enjoy the Web The advantages of transparency and openness brought by 3.0 and independent control of user data assets.

• Let platform users focus on cryptocurrency exchanges

TORUM is a space specially created for the cryptocurrency community, so users can get a lot of cryptocurrency-related information on the Torum platform, and freely discuss cryptocurrency-related topics with anyone.

• Facilitate the marketing of cryptocurrency projects

One of the common problems faced by cryptocurrency projects is the lack of community exposure. The founder or co-founder of any cryptocurrency project can create their own company on the Torum platform, and the project party can share their latest media such as Telegram or Discord. Announcements are simplified to Torum to gain user interest and exposure. By staying active and interacting with the community, the project party expands the stickiness of the project. The Torum platform can help cryptocurrency projects maximize their exposure.

• Gather cryptocurrency friends to communicate with

Whether you are a cryptocurrency enthusiast or a cryptocurrency project party, you can use the clan building function on the Torum platform, allowing you to create and build your clan in the shortest possible time. ) to freely share your personal opinions and communicate directly with your peers. Cryptocurrency influencers (KOLs) can enter the Torum platform to establish (Clan) to shape their own brand and image in the industry, and Torum users can complete the Various types of social tasks can be rewarded with platform currency (XTM), and creators who produce high-quality content can also receive various exquisite gifts from fans and users, so as to obtain more XTM rewards.

Centralized or decentralized?

Torum is also a semi-decentralized platform. The platform is developed and managed by the Torum team. Ecological tokens/platform tokens (XTM) are issued on the decentralized platform. The limitations of the current blockchain technology also make the Torum team must adopt the Web 2.0 technology built to ensure the best user experience and to be able to fully develop each community building feature as planned, with the goal of transitioning from Web 2.0 to Web 3.0.

postscript

I was tempted to write this article because it was too early to join the Torum platform, so I got some platform tokens (XTM). The early bird pledge event I participated in will end in a few hours. Enter Kuai 965XTM, you can get Kuai 1023XTM back at the end, pledge for three months, the APY of nearly 6% is not high, but it can be regarded as support for the Torum platform.

Compared with the price of XTM falling from a high of $2.4 to $0.8, I am more optimistic about its future development. This article is an observation diary of the Torum platform. Development status of the platform.

I hope this article is helpful to you. If you think the article is well written, please follow, clap, or share it with your friends. If you really want to invite me for a cup of coffee, click here to sponsor , and you are also welcome to use the following encrypted virtual currency trading platforms 's referral link to register, we can both get some great rewards.

• Binance Exchange: Register an account through the exclusive link to get 10% lifetime cash back.
• MAX Exchange: Register an account through the exclusive link to get a 20% lifetime cash back.
• ACE Exchange: Register an account through the referral code 75312115 or the exclusive link , and get a rebate of up to 60% of the handling fee.
• Coinbase Exchange: After successfully opening an account with my referral code , you will receive an equivalent of US$10 bitcoin
• FTX Exchange: Sign up with my referral link and get 5% lifetime cash back
• Huobi Global Exchange: Use my referral link to register and get a 15% lifetime cashback. Newcomers who complete the registration and meet the trading conditions will receive $170.
• ZBEX: Sign up with my referral link and get 8% lifetime cash back

This article is my personal opinion and sharing. The information in the article is for reference only and does not intend to constitute an invitation or suggestion for any investment transaction.