Torum, a Crypto based social media platform, currently ranked at number 45,185 in global internet traffic and engagement over a 90 day period by Alexa, was launched the first day of July, 2020 will be conducting it's Dual IDO on MantraDAO Launchpad platform, Zendit and SCALESWAP on 14th September, 2021.
Recently, Torum conducted a Presale, where the hardcap of $500,000 was fully subscribed before it's closing date. This Presale round was followed by a Private Round sale to prominent and promising VCs in the Cryptospace where another $1.5 Million was raised.
As the first DeFi and NFT infused Crypto based social media forum, Torum, in May 2021 introduced the first of it's kind in Cryptocurrency community, Initial Staking NFT Offering (ISNO) of NFTs categorized into five places, and worth about $240,000 within 20 minutes.
In continuation of it’s drive to list on exchanges after token sale, Torum will be conducting it's IDO on Zendit platform, a Launchpad platform of MantraDAO, one of Torum many strategic partners, and on SCALESWAP to raise $300,000, selling 5,000,000 XTM, at $0.06.
Whitelisting for this project on both launchpad starts on the 2nd till 11th September. The result of the whitelisting exercise will be announced between 12th to 13th September while the IDO follows on the 14th (12noon on SCALESWAP and 2 PM (UTC) on Zendit). The IDO will be capped with UNISWAP listing on the 15th of September, 2021.
SCALESWAP IDO
To raise $150,000, a total of 2.5 million XTM will be offered for sale in both Private and Public pools with a maximum investment cap of $400 and $200 for Private and Public pool respectively. Token sold on SCALESWAP will be on both the Ethereum and Polygon Chain.
Zendit IDO
To raise $150,000, a total of 2.5 million XTM will be offered for sale on Zendit. Further instructions/announcements is available on Zendit website. Token sold on Zendit will be on Ethereum Chain.
Condition for Whitelisting
SCALESWAP
The IDO on SCALESWAP will be in Private and Public pool and KYC is a compulsory requirement in both Pools. For the Public pool, participants will need to complete a series of tasks to gain entries into the lottery. The more tasks you complete, the more entries you will receive.
The Private pool is ScaleSCORE based and all you'll need is your email and wallet address that contains your SCA tokens and ScaleSCORE. A metamask wallet, connected to scaleswap.io is highly recommended.
Zendit
Whitelisting instructions for Zendit IDO will be published soon.
About Torum
Torum is a revolutionary, Crypto based social media platform that is poised to bring Cryptocurrency adoption to millions worldwide. The platform currently boasts of over 95,000 community members from all over the world that daily interacts in the forum. Daily, the site records over 100 new members joining this forum. With Alexa ranking in the top 45,000 and moving upward daily, Torum is set to becoming the key adoption bridge between the Crypto world and the general public.
Torum is also the first NFT infused social media platform and it's Initial Staking NFT Offering (ISNO) was sold out within 20 minutes.
You can also get verified Airdrops on Torum as Torum continues to partner with big projects and airdropping tokens of the project to community members.
I’m sure you will be interested in joining this Forum and here’s my invitation link for you. We both get to share 70 XTM tokens equally after you’ve verified your email address.
https://www.torum.com/signup?referral_code=wumeepope
Is this not difficult to do? or I mean is this just like noise.cash or read.cash?