Oct 11, 2020
TORUM is a crypto-centric social media platform specifically designed for cryptocurrency enthusiasts around the world.
We strive to accelerate the growth of the crypto industry by connecting worldwide cryptocurrency and blockchain enthusiasts to become the largest central crypto hub.
Our ERC-20 utility token — XTM forms the backbone of TORUM's ecosystem and is integrated throughout the entire ecosystem to provide long-term value to every XTM HODLer.
Every XTM HODLer will be able to use XTM for the following purposes that will be constantly developed and released on TORUM from Genesis (1st Era) until Concordia (5th Era):
(i) Support the community on TORUM (Released)
The feature allows users to use XTM to purchase crypto-themed gifts to promote and set the quality and standard of contents made by the community. It helps to nurture a healthy and high quality conversation on TORUM.
(ii) Reduced Transaction Fee on XTORUM
The discount feature on XTORUM allows users to use XTM to reduce their transaction fee by up to 50% on XTORUM. It helps to stimulate the trading activity and market liquidity on XTORUM.
(iii) Profit Sharing Initiative via Token Depository
The feature allows users to lock their XTM in TORUM to enjoy 10% of the ecosystem’s quarterly profit, slightly akin to the concept of staking. The formula of the profit sharing is as follows:
(iv) Medium of Exchange on TORUM Marketplace
The feature allows users to buy and sell their goods and services using XTM. This is part of TORUM’s initiation to develop a fully fledged one-stop ecosystem that is powered by XTM as the sole medium of exchange in the ecosystem.
(v) Advertisement Slot Bidding
The feature allows Company Profiles to use XTM to bid for advertisement slots on TORUM & XTORUM. To be fair and transparent to our community, programmatic advertising or any form of advertisement that uses the data of the community on TORUM are strictly prohibited at the early stage of implementation.
(vi) Community Murot Complex
The feature allows users to buy and sell community-made customized animated stickers on TORUM using XTM. It encourages the community to put their creativity to good use and promote a healthy social culture on TORUM.
(vii) Premium Subscription
The feature allows users to unlock certain features available only for premium members using XTM. It is a special feature designed for those who i) are extremely committed in community building with a desire to bring their community building effort to a different level on TORUM.ii) have the desire to indulge in a greater socializing experience on TORUM.
(viii) Exchange Listing Token Voting Initiative
This is part of XTM’s utility model on XTORUM, which makes it mandatory for projects to pay their full listing fees on XTORUM with XTM. It helps to develop a healthy social media platform and creates a constant demand for XTM, which increases the liquidity of XTM.
(ix) IEO Participating Initiative
This is part of XTM’s utility model on XTORUM where users stake their XTM to earn a percentage based IEO participating right by using the concept of staking. The XTM staked under the Profit Sharing Initiative is separated from this IEO Participating Initiative.
(x) Favourite Coin Integration InitiativeThe community is able to stake their XTM to earn a right to vote for a coin to be listed in TORUM’s Favourite Coin.
Note: Some features are still under development and scheduled to be released in our future Eras.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.