The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

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Bitcoin Press Release: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 

 

9th June, 2021, Kuala Lumpur, Malaysia Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

 

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

 

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

 

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

 

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

 

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

 

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

 

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

 

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

 

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

 

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

 

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

 

Torum is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

 

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The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Torum NFT Launchpadconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Bitcoin Press Release: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 

 

9th June, 2021, Kuala Lumpur, Malaysia Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

 

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

 

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

 

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

 

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

 

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

 

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

 

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

 

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

 

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

 

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

 

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

 

Torum is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

 

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GoldenPyrex Ushers in the Next Era in DeFi with a Robust Ecosystem

GPYX_DEFI

Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs.

 

17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive. 

 

GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem

A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key principle of the crypto market is to reduce friction caused by intermediaries, thereby increasing simplicity. 

 

With these aspects in mind, GoldenPyrex’s ecosystem was built to facilitate convergent GPYX token circulation. As a gaming and entertainment platform, the project integrates GDEX, G-SWAP, and GameHouse within a closed-loop ecosystem that eliminates unnecessary intermediaries, while facilitating access to quality services.

 

GoldenPyrex holds a significant value proposition. Its core purpose is to provide users with next-gen DeFi solutions that power yield farming, gaming, and NFTs. To put this into perspective, the project is currently rolling out a series of unique NFTs designed to facilitate the acquisition and customization of rare collectibles. Such NFTs are extremely hyped nowadays, as the market advances and collectible-centered economies are sprouting up everywhere.

 

The GoldenPyrex ecosystem will feature its very own marketplace, where users can essentially transact the GYPX utility token in exchange for a myriad of neat collectibles. Thanks to these stores, the token’s market liquidity will further increase. 

 

Highlighting the Use Cases Associated with the GoldenPyrex Token

To capture a larger portion of the total available market (TAT), the GoldenPyrex ecosystem is investing considerable resources into building a massive use case catalog. As such, some of GPYX’s use cases include, but are not limited to yield pool farming, paying GameHouse commissions, purchasing GameHouse tournament/VIP club tickets, staking, community governance voting, and much more. 

 

It’s imperative to point out that with GoldenPyrex, DeFi enthusiasts worldwide can essentially earn via a high-utility token. This is better explained through a press statement made by Ilyas Sadvasakov, the founder of GPYX

 

“GoldenPyrex is making it easier and realizable for DeFi enthusiasts to merge multiutility with the ability to earn in a secured manner. With rewards already set for our loyal followers to earn from farming yield on supported pools, we are confident we are unlocking a new evolution in the convergence between the several components of modern DeFi such as Yield Farming, NFTs, and the ability for the GPYX token holders to also explore the world of Games within the Gamehouse platform”

 

The Golden Pyrex ecosystem wouldn’t have been possible without support from the Kazakhstan Government, as highlighted by Ilyas

 

“We are indebted to Kazakhstan Government and Astana International Financial Centre both of which have been taking smart steps to support entrepreneurs in the blockchain and decentralized finance area. It’s quite evident in the enabling environment they have provided to Bitcoin miners. Kazakhstan ranks number 4 in terms of Bitcoin mining contributing largely to Bitcoin network’s hash rate.”

 

GPYX – Service Overview

The GoldenPyrex ecosystem encourages the use of GPYX tokens amongst its three main services – yield farming, gaming, and the upcoming exchange. Within the yield farming interface, users can earn GPYX tokens in exchange for staking Uniswap LP tokens. The gaming interface now supports GPYX-based poker, which is an excellent means of earning additional tokens. 

 

An innovative PoolPicker game will be launched in the near future. Lastly, the upcoming exchange will allow users to swap GPYX tokens in exchange for other popular assets. The exchange will also come along with a pool, governance, and bridge features, as part of GoldenPyrex’s all-inclusive system philosophy. GoldenPyrex is poised to continue enhancing its service catalog, creating lucrative use case scenarios of the GPYX token. 

 

Project Roadmap

The 4th quarter of 2020 saw the official release of the DeFi platform, followed by the UniSwap liquidity pools launch, and the introduction of GameHouse. GoldenPyrex is actively working on updating its interface and introduction new features. With this being said, during the 1st quarter of 2021, the GPYX token will be listed on the top 30 exchanges featured on CoinMarketCap. 

 

Furthermore, the GameHouse and Yield Farming will see new features and improvements following a scheduled update. During the 2nd quarter of 2021, GoldenPyrex will release GameHouse on mobile devices and launch GoldenBay, as well as the staking contract. 

 

Obtaining GPYX 

GoldenPyrex has built a liquidity farming system to govern the minting of GPYX tokens. However, users who are not keen on farming can always purchase GPYX through secure partner exchanges like UniSwap, Coinsbit, and STEX. In fact, Coinsbit has recently listed GPYX and supports trading against BTC, ETH, and USDT. 

 

To find out more about the future of DeFi, visit the GPYX website today or the GPYX Uniswap.

 

Keep up with GPYX by following on Twitter

Join the GPYX Discord Server

 

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

 

GoldenPyrex is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

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