Torum the new age social media

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2 years ago
Topics: Cryptocurrency

From NFT to GameFi , it can be found that the use of blockchain technology for human-to-human interaction and information communication has become a trend, and the use of decentralized NFT and meta-universe and other virtual characters to achieve interaction will become the next hot direction. The current process of player experience such as GameFi and Metaverse is actually an inefficient communication process. A large number of communication communities with this theme will inevitably appear in the future. It is like the rapid development of traditional mobile games that has led to game live broadcasts. Like the industry, the rapid growth of the blockchain GameFi and virtual meta-universe world will make the combination of blockchain and social interaction the next focus of attention.

Introduction to blockchain social development

Traditional social platforms such as Twitter and Facebook attracted a large number of users due to their first-mover advantage in the early stages, which in turn generated a large number of opportunities and wealth. But this kind of development is based on the platform. For example, we publish information on facebook, communicate with fans, etc. Another point is that for the development of social media, there is currently a tendency to centralized governance structure, such as platforms banning accounts at will, etc. The centralized form has caused many problems, causing it to generate a large number of invalid social interactions, thereby reducing the transmission of platform value information and forming a vicious circle. In other words, after a certain level, traditional social platforms will generate a lot of spam, making it difficult for real users to communicate effectively.

For the social development of blockchain, the use of Token incentive to gain people's recognition motivates users to actively participate and share valuable opinions, and through this way to gain Token revenue and rewards, more people will join it, thus forming a virtuous cycle.

Decentralized social network and content sharing platforms such as steemit have also appeared in blockchain social network, but steemit is mainly based on content sharing, and the communication attributes between users are relatively low. At the same time, due to the split of the community, the current performance is not Ideal.

Opportunities Brought by Torum Social

Torum is a blockchain social platform built on the Binance Smart Chain ( BSC ) and the Huobi Ecological Chain ( HECO ). It focuses on social + DeFi + NFT ecology. Through user interaction, project parties promotion, event tasks, and airdrop Coins and other methods attract users to join the Torum ecosystem, and at the same time increase the number of registered users. The "hybrid" form of governance allows users to enjoy the beauty of the combination of decentralized DeFi and NFT and centralization, so that the platform can adopt the ever changing trends.

Compared with traditional social platforms, Torum has increased the token XTM incentives, so that the new user group maintains a rapid growth, which in turn attracts a large number of users into the Torum ecosystem, and the construction of the blockchain project community will also make users Quickly find own circle, reduce a lot of invalid communication, and form a comprehensive blockchain project social and project publicity distribution platform.

As a resource, XTM will also play a key role in the ecology, such as creating, liking , creating promotional pages, etc., and will also increase the application scenarios of XTM , thereby ensuring the further development of the Torum social ecology.

Since the launch of Torum , the market has developed very rapidly. It has now accumulated nearly 100,000 cryptocurrency enthusiasts from more than 10 countries including the United States, Canada, Latvia, Spain, Germany, France, Poland, Malaysia, etc. , the users is still increasing, which further reflects the vitality of the Torum platform. At the same time, due to rapid growth, Torum has also received investment from many well-known institutions, such as investment from Huobi Ventures and other institutions and AWS incubation program sponsorship , which can also reflect the popularity of Torum .

Torum function exploration

Users can get XTM rewards by performing various social tasks on Torum . XTM is the ecological function and governance token of Torum . To join Torum, users first need to register an account and pass authentication. At present, foreign users need to perform email authentication and WhatsApp authentication. Mostly users only need to perform email authentication. After authentication is completed, Torum functions can be used , including posting, sharing and clicking.

In terms of functions, in addition to the basic functions such as posting and posting likes, tasks, airdrops and other functions have been added. Tasks are mainly divided into daily tasks, one-time tasks, weekly tasks, and special tasks. Users can complete the corresponding tasks can get token rewards. Airdrop mainly means that users can obtain airdrop rewards from the corresponding project party by completing designated tasks.

Users can also join various trade unions and create trade unions. The creation of trade unions requires a certain amount of XTM. For project parties and community groups in the currency circle, you can also create a company page to promote your project in the form of a company page, so as to attract investors' attention to the project.

Torum will also launch more functions, including NFT market, project launchpad release platform, Torum airdrop, Torum News aggregator, Torum AMA, etc., and involve multiple ecosystems . For example, through the NFT market, users can display NFT products, customize and program NFTs , and enjoy multiple gameplay methods.

With the development of the blockchain, DeFi , NFT will make the Torum social media become more popular in the future.

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2 years ago
Topics: Cryptocurrency

Comments

You must check bitclout because it is the best decentalized social media

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2 years ago

its a great platform but i think the economic model is not best for long term growth.

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2 years ago