Torum announces strategic investment by Huobi Ventures HECO fund

On the eve of the venture’s 1st 12 months launch anniversary, social media platform Torum has launched its H2 strategic ecosystem growth plan, prioritizing the development of a one-stop crypto ecosystem.

The plan contains core options that intention to unravel the trade’s info asymmetry issues and enhance the connection between initiatives and communities by means of a social-based ecosystem.

Torum H2 Strategic Ecosystem Growth Plan

The Torum H2 Strategic Ecosystem Extension plan will embrace quite a few core options, together with:

  • Torum NFT Launchpad: The INO platform for initiatives to concern a set of limited-edition NFTs to the group
  • Torum NFT Market: The primary social-infused NFT market with the power to market NFTs to the customers of Torum.
  • Torum Airdrop: A premium part for initiatives to conduct airdrop to the Torum group
  • Torum Information: A one-stop information and data aggregator for initiatives
  • Torumgram: A bridge that connects Telegram teams and channels into Torum
  • Torum Lounge: An audio-only board to conduct AMA and close-engaging occasions.

The growth plan has caught the eye of the Huobi Ventures HECO Fund, which led to the strategic funding of the VC agency on Torum.

With Huobi Ventures coming into the fold, Torum will help within the growth of the Huobi ecosystem from advertising and marketing and group constructing points, significantly in connecting Huobi and HECO-based initiatives with the Western market.

Yi Feng Go, CEO & Founding father of Torum stated that:

“Neighborhood consensus has at all times been the most important asset of Torum. Nevertheless, the huge potential of a social media ecosystem like Torum is but explored utterly at such an early part. With the help of Huobi Ventures, we’re assured that Torum can develop exponentially by bringing onboard HECO-based initiatives and their communities for the following 6 to 12 months. We’re tremendous excited to be working carefully with ecosystem companions like Huobi Ventures.”

As a part of the strategic funding, Huobi Ventures will present useful resource entry to unique media companions, group constructing, and venture connections for Torum.

The useful resource integration from Huobi will additional develop the ecosystem outreach of Torum, which has already collected over 64,000 cryptocurrency fans from over 10 international locations, together with the U.S, Canada, Latvia, Spain, Germany, France, Poland, Malaysia, and so on.

Huobi Ventures and HECO 

One of many key focuses of Torum for H2 2021 is to carry onboard high quality HECO-based initiatives to its social media ecosystem. With the help of Huobi Ventures, Torum can present premium advantages to HECO-based initiatives together with entry to the Western market, group constructing instruments, model publicity, group integration, and extra.

Loki, Funding Supervisor of Huobi Ventures commented that:

“Huobi Ventures HECO Fund strives to develop the Huobi ecosystem and welcome high-quality HECO-based initiatives like Torum. With the addition of a crypto-centric social media platform to our portfolio, we are able to make the most of the core options of Torum like NFT Launchpad to supply group and assets outreach for the initiatives on the HECO ecosystem.”

Go to the Torum web site to have a glimpse into the way forward for social media, or preserve updated with all Torum developments by means of the corporate’s official Twitter account.  

About Huobi Ventures HECO Fund

Huobi Ventures is a wholly-owned subsidiary of the world’s second-largest cryptocurrency alternate, Huobi Group is concentrated on boosting the agency’s funding portfolio and offering long-term help for progressive blockchain initiatives.

Huobi Ventures HECO Fund primarily invests in upstream and downstream initiatives within the international blockchain trade. Along with its alternate enterprise, its investments additionally cowl the first market, secondary market quantitative funds, funding banking, incubators, asset administration, wallets, mining, market knowledge distributors, the worldwide group, media, cybersecurity, public chains, DAPP, and platforms, regulation, expertise recruiting, coaching, and analysis.

About Torum

Torum is the world’s first DeFi + NFT built-in social media platform that’s specifically designed for cryptocurrency customers. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 different outstanding crypto VCs, Torum is now one of many fastest-growing crypto social media platforms with a formidable 20 – 30% month-to-month person progress fee.

Torum Socials

Twitter | Telegram | Medium | Fb

Media Contact Particulars

Contact Title: Jayson Tan

Contact E mail: [email protected]

Torum is the supply of this content material. This Press Launch is for informational functions solely. The data doesn’t represent funding recommendation or a proposal to speculate. 

Disclaimer: It is a paid submit and shouldn’t be handled as information/recommendation. 

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