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Torum ZENDIT: Announcement + Participation & Pool Details

$XTM Pool Opens on September 14th, 2021 12 PM UTC

*UPDATE- $XTM will now launch as an ERC-20 token. We will be taking a new snapshot on Sunday, September 13th, 12 PM UTC. Participants whom have previously signed up will need to make sure they meet the snapshot requirements in time.

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 is getting ready to ZENDIT!

Snapshot Taken on Sunday, September 12th, 12 PM UTC

Whitelist Closes Sunday, September 12th, 12 PM UTC

Whitelist Winners Announced Monday, September 13th, 12 PM UTC

$XTM Pool ZENDIT pool opens on Tuesday, September 14th, 12 PM UTC

What is Torum?

  • Torum is a one-stop social media platform and ecosystem that is specially designed for the cryptocurrency users and projects.
  • Torum is backed by Huobi Ventures, the venture arm of Huobi Global.
  • Torum is also one of the first few crypto social projects to complete a $1.5M private round, participated by Tier-1 crypto VCs such as AU21, Consensus Lab, DFG, Waterdrip Capital, M6 and Lotus Capital.
  • Back in May, Torum completed the world’s first Initial Staking NFT Offering event, selling off $243,000 worth of NFTs in under 20 minutes.
  • Torum launched Airdrop Section and organized airdrop collaboration with ButterSwap and FilDA.
  • In September, Torum reached a new user milestone of 97,000 cryptocurrency users.
  • New Integrations to Torum — NFT Marketplace, Lounge (a crypto Clubhouse) and NFT Launchpad are coming in Q3 and Q4 2021.

Round Tier and Terms:

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

Torum ZENDIT Pool Details

  • Token Ticker: $XTM
  • Token Type: ERC-20
  • Total Raise Amount: $150,000
  • Total Available Tokens: 2,500,000 $XTM
  • 1 Pool: Private Sherpa Pool
  • Asset Pool Pair: USDT/XTM
  • Total Pool Raise : $150,000
  • USD Token exchange offering Price: $0.06

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.

Applicants can hold or stake ERC-20, BEP-20 or Polygon OM. Supplied OM refers to OM supplied on ZENTEREST or zenOM. Staked OM refers to OM staked in our staking contract or sOM.

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 dual-IDO launch on ZENDIT & Scaleswap on the Torum Twitter page and retweet!

4. Final step, complete this entry form before September 13th, 12 PM UTC

After the whitelist closes on Sunday, September 12th, 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’ ERC-20 wallet addresses via our Twitter and Official News and Announcements on Monday, September 13th, 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 a one-stop social media ecosystem that is specially designed for cryptocurrency users and projects.

Torum empowers projects with a one-stop crypto marketing suite that enables them to expand their market reach to the right audience, while connecting users through a social media platform and fulfilling their crypto-focused needs through the integration of NFT, DeFi and aggregated industry data (market cap & news).

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

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