Torum ZENDIT: Announcement + Participation & Pool Details

Torum ZENDIT: Announcement + Participation & Pool Details

Torum ZENDIT

For those of us in the crypto space, many of us mainly use our social media to engage with crypto content! With even the founder of Twitter Jack Dorsey proclaiming his support for Bitcoin and even creating a NFT of his first tweet, one may think that with all the benefits of blockchain and cryptocurrency, why isn’t there a quality crypto first social media platform out there?

Introducing Torum!

With ambitions to become the leading crypto social first platform out there, Torum looks to address four main industry dilemmas that they identified: information asymmetry, difficulty of creating exposure, segregation of community in different social applications, and lack of use cases and token utility. With their app already live, and a social media infused NFT marketplace and DeFi staking platform all on BSC in the works, Torum will be taking the first step of fulfilling their crypto first promise with their release of $XTM on ZENDIT!

Torum ZENDIT
Torum is getting ready to ZENDIT!

Snapshot Taken on Friday May 21st, 10:00 PM UTC

Whitelist Closes Wednesday, May 26th, 12 PM UTC

Whitelist Winners Announced Thursday, May 27th, 1 PM UTC

$XTM Pool Opens on Friday, May 28th, 12 PM UTC

What is Torum?

  • Torum is the world’s first DeFi and NFT-infused social media platform specially designed for the crypto industry.
  • Torum is also one of the first few crypto social projects to complete a $1.5M private round participated by some of the biggest crypto VCs in the space, such as AU21, Consensus Lab, DFG, Waterdrip Capital, M6 and Lotus Capital.
  • Torum has introduced the world’s first Initial Staking NFT Offering event on the 11st of May, selling off $240,000 worth of NFTs in under 20 minutes.
  • Torum has developed the first ever social-infused NFT marketplace, providing crypto artists to market their virtual artworks to over 47,000 potential cryptocurrency enthusiasts.
  • Torum is also building the world’s first DeFi staking platform which allows crypto communities to increase their farming stake by staying active on Torum social media.
  • Through the ecosystem of Torum, everyone is able to connect with worldwide cryptocurrency enthusiasts and get access to DeFi and NFT services all in one place, continuously driving the demand for its native token — XTM.

Round Tier and Terms:

  • Public Round Tokens
  • 100% unlock on TGE on June 1st (time TBD)

Torum ZENDIT Pool Details

  • Token Ticker: $XTM
  • Token Type: BEP-20
  • Total Raise Amount: $113,333.33
  • Total Available Tokens: 1,416,666.67 $XTM
  • 1 Pool: Private Sherpa Pool
  • Asset Pool Pair: BUSD/XTM
  • Total Pool Raise : $113,333.33
  • USD Token exchange offering Price: $0.08

Participation Tiers

Sherpas who meet these participation requirements will be eligible to enter the highest participation tier they qualify for on a per-wallet basis. One wallet can only participate in one tier and cannot participate in multiple tiers.

Our participation tiers for ZENDIT from highest to lowest are:

Tier 1 EVEREST — Supplying 50,000 OM on ZENTEREST (zenOM)

  • Max Allocation Amount: $1000

Tier 2 ACONCAGUA — Staking 40,000 OM (sOM), or supplying 40,000 OM on ZENTEREST (zenOM)

  • Max Allocation Amount: $800

Tier 3 DENALI — Holding 30,000 OM in your wallet, staking 30,000 OM (sOM) or supplying 30,000 OM (zenOM)

  • Max Allocation Amount: $600

Tier 4 KILIMANJARO — Holding a “100M OM Staked” NFT OR staking 15,000 OM (sOM)

  • Max Allocation Amount: $400

Tier 5 ELBRUS — Holding a MANTRA DAO PolkaPet

  • Max Allocation Amount: $200

Instructions for Whitelisting

  1. Join the Torum Telegram community: https://t.me/torum_official_group_en
  2. Follow MANTRA DAO and Torum on Twitter:
    https://twitter.com/torum_official & https://twitter.com/MANTRADAO
  3. Like the announcement tweet of the Torum token launch on ZENDIT on the Torum Twitter page and retweet!

4. Final step, complete this entry form before May 26th, 12 PM UTC

After the whitelist closes on May 26th, 12 PM UTC, we will be randomly picking a limited number of Sherpas for each tier who will have access to the pools and will be announcing the winners’ BEP-20 wallet addresses via our Twitter and Official News and Announcements on Thursday, May 27th, 12 PM UTC.

Please note that even if you are randomly selected to access the pool this does NOT guarantee you have an allocation and you will need to act fast in order to take part in the pool!

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

Website |Whitepaper |Telegram |Medium |Twitter | LinkedIn | Github

About Torum

Torum is the world’s first DeFi and NFT-infused social media platform that is specially designed for cryptocurrency users. Backed by a total of 20 prominent strategic investors like AU21, Consensus Lab, DFG, Waterdrip Capital, M6 and Lotus Capital, Torum is now one of the most active social media platforms joined by over 47,000 crypto enthusiasts, recording a consistent double-digit growth rate every month.

In future, Torum strives to become the largest crypto ecosystem that connects the general public to the crypto space.

Website | Twitter | Telegram | Medium | Facebook | LinkedIn | Reddit | Instagram

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