Torum Dual-IDO launch on Scaleswap and Zendit
Torum is proud to announce its Initial DEX Offering (IDO) for $XTM on Scaleswap and Zendit of MANTRA DAO on the coming 14th September.
Project Highlight
- Leading social media project with over 95,000 registered users
- Backed by Huobi Ventures, the venture arm of Huobi Global
- Tier 1 VCs including AU21, Waterdrip Capital, Consensus Lab, M6
- NFT Marketplace, Torumgram, NFT Launchpad & Torum Finance
Token Metrics
Ticker: XTM
Blockchain Network: Ethereum, HECO, Polygon & BSC
Token Supply: 800,000,000
Valuation: $48,000,000
Initial Token Circulation: 23,866,000 XTM
Initial Market Capitalization: $1,139,220
IDO on Scaleswap
Total raised: $150,000
Token price: $0.06
Pools: Private and Public
Max cap per participant (Private): $400
Max cap per participant (Public): $200
Whitelist Start: September 2 at 8:30pm UTC
Whitelist Close: September 10 at 12pm UTC
IDO Start: 12pm September 14, 2021 UTC
CHAIN: Ethereum & Polygon
Announcement URL:
https://medium.com/scaleswap/announcing-torum-ido-and-whitelisting-campaign-2c369e1616ca
IDO on Zendit
Total Raised: $150,000
Token price: $0.06
Pools: TBA
Max cap per participant: TBA
Whitelist Start: TBA
Whitelist Close: TBA
IDO Start: TBA
CHAIN: Ethereum
Announcement URL: TBA
Token Sale Timeline
The timeline of all key events for Torum IDO Launch is as follows (Note that all times are in UTC):
$XTM Dual IDO Timeline (Expected)
September (UTC)
2nd — Torum IDO on Scaleswap and Zendit announced & Whitelisting starts
2nd to 11st — Whitelisting period (review)
12nd to 13rd— Whitelisting results announced
14th — Torum IDO Launch (12pm on Scaleswap, 2pm on Zendit)
15th — Uniswap Listing
Note: All times are in UTC
Whitelisting
As Torum is having a dual token launch, please follow the respective whitelisting details of its IDO partners.
Scaleswap
Public Pool: https://gleam.io/3ePIu/torum-public-pool-whitelist-application
Private Pool: https://gleam.io/2bgfS/torum-private-pool-whitelist-application
Zendit
Private Pool: TBA
Note: Torum will never ask for funds or private keys from you. Beware of scammers lurking around.
About Scaleswap
Scaleswap is the next generation IDO launchpad, harnessing the power of layer 2 scaling to provide innovative features and a vastly improved DeFi experience. We aim to set the new standard in DeFi by making excessive gas fees a thing of the past, and reimagining community appreciation and governance through a comprehensive scoring system that rewards loyalty and participation in 6 different dimensions.
About MantraDAO
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.
About Torum
Torum is a one-stop crypto social media ecosystem that is specially designed for cryptocurrency users and projects.
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