TORUM

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Description

TORUM is a social media platform specifically designed for the cryptocurrency community that merges social media functionalities with the unique needs of crypto users. Utilizing the ERC-20 utility token XTM, TORUM facilitates a range of activities like tipping, advertising, and accessing premium content. Launched in 2020 on the BNB Smart Chain with a total supply of 800,000,000 tokens and 194,096,316.96 in circulation, XTM forms the backbone of TORUM's ecosystem. Key features include traditional social media integration, 3D AR NFT Face Filters to enhance digital identities, and a focus on empowering NFT creators and artists to craft unique narratives. As a pioneering SocialFi platform, TORUM aims to build a comprehensive social ecosystem for influencers, projects, and users in the dynamic Web3 space. For more information, visit [Official Torum Website](https://www.intro.torum.com/?utm_source=cmc).

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FAQ

What is the purpose of TORUM in the cryptocurrency community?

TORUM serves as a specialized social media platform aimed at the cryptocurrency community. It allows crypto enthusiasts to connect, share, and engage in discussions, catering to the unique needs of NFT owners, creators, and artists. By integrating social media with crypto functionalities, TORUM builds a comprehensive ecosystem that unites influencers, projects, and crypto users.

How does TORUM utilize the XTM token?

XTM, an ERC-20 utility token, is the main medium of exchange on TORUM. It facilitates various platform features, such as tipping, advertising, and accessing premium content. As a part of TORUM's ecosystem, XTM is crucial for engaging with and enjoying the platform's unique offerings, contributing to its economic model.

What are the benefits of using TORUM compared to other social media?

TORUM offers unique advantages by combining social media features with crypto-specific tools. Unlike typical platforms, it includes features like 3D AR NFT Face Filters, which transform NFTs into digital identities. It provides a tailored experience for crypto enthusiasts and creators, making it a pioneering SocialFi platform in the Web3 space.

How does TORUM support NFT creators and artists?

TORUM's V2 platform enhances NFT storytelling by offering 3D AR NFT Face Filters. These filters allow creators to craft narratives and establish distinct digital identities. This feature empowers artists to express themselves more deeply within the Web3 space, encouraging creative engagement and interaction among users.

What tokens does TORUM operate with and on which blockchain?

TORUM operates with XTM, an ERC-20 utility token, launched on the BNB Smart Chain (BEP20). The platform has a total supply of 800,000,000 tokens, with 194,096,316.96 presently in circulation. This setup supports TORUM's innovative SocialFi ecosystem and enhances user engagement and platform activities.

What should I do if I'm experiencing issues with XTM transactions on TORUM?

If you encounter problems with XTM transactions on TORUM, ensure your crypto wallet is compatible with ERC-20 tokens on the BNB Smart Chain. Check your wallet balance and transaction details for accuracy. For further assistance, consult TORUM's support resources or reach out to their customer service for troubleshooting guidance.

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