After announcing it's ambition to expand this great Crypto based social media platform into socialFi Metaverse on the 27th September, 2021, Kucoin Labs showed up for the party to become one of the major strategic investors on Torum, following in the footsteps of strategic investors like Huobi ventures and others too numerous to mention.
Speaking after the signing of the strategic investment agreement, Lou, the head of KuCoin Labs stated that:
“The beauty of Metaverse lies in its diversity. Social, Avatars, NFT collections, GameFi — Metaverse is going to change the world as we see it. This is merely the tip of the iceberg, and we look forward to support Torum’s vision to build a SocialFi Metaverse for crypto users’’
This new strategic investment into Torum will help full divestment into an immersive and interactive Crypto based socialFi Metaverse ecosystem, pushing forward in it's major aim of becoming the bridge to worldwide cryptocurrency adoption. With this, Crypto enthusiast can access Social, Decentralized Finance, NFT, and Metaverse on Torum.
The CEO and founder of Torum, Yi Feng Go, stated that:
“This round is a major step towards the upcoming Metaverse revolution. It doesn’t matter if you are a Bitcoin maximalist, DeFi player, altcoin trader or NFT artist. This SocialFi Metaverse is our promise of creating an open, safe and interconnected world for everyone.”
With this new funding coming into Torum ecosystem, and the partnership Kucoin Labs will empower Torum with the connection to exclusive partners and access to premium services like Blockchain technical support, legal advice and any other things that are within the powers of Kucoin ecosystem to focus on the development of the socialFi Metaverse.
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 120,000 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 50,000 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 with it's Initial Staking NFT Offering (ISNO) sold out within 24 hours. This Crypto based social media is about to launch it’s NFT Launchpad platform in coming days and go fully Metaverse.
I’m sure you will be interested in joining this Forum and here’s my invitation link for you.