Torum V2 Whitepaper And The Chubby Cubs NFTs

3 months ago

Torum came as a revolutionary social media platform, created to connect the Cryptoverse users and is serving the purpose in an excellent way. The users can socialize and earn XTM, the platform native token and the "magical money" that powers the Torum ecosystem.

I joined Torum on the 23rd of February 2021 and I just celebrated my three years anniversary! Got a lot of stuff in my inventory and grew my followers count to 4800! Crypto bro... let me know if you're there and I will support you! Recent changes made me cash out my $XTM, as the daily quests and much more will be removed. Let's see how this will age!

Torum V2 is the new and improved version of its predecessor—Torum V1. Although the first attempt at building a SocialFi platform for crypto enthusiasts fell short, the team turned the shortcomings into valuable lessons in order to start on the right foot when it came to building Torum V2.

However, the V2 whitepaper created some controversy and a bit of FUD! The new focus is NFT orientated, with tree pillars that will help users unlock the true potential of their NFTs—Create, Connect, and Earn. Meet Torum V2 exclusive NFT AR Face Filter: an innovative spin on a beloved social media feature that brings your NFTs to life.

Whether you’re a curious newcomer, a content creator, or an NFT artist looking for something more, your journey with us is bound to be an adventure. Get ready to chart new frontiers in this world of infinite possibilities.

Basically Torum V2 will champion a future where creators hold the reins! This future where complete ownership over your digital identity is paramount, and this new vision created some conflicts.

This is how things will change! Users can maximize their earnings with Pixels, the V2’s very own in-app point system. There are many ways to earn Pixels; create and post content regularly, engage and interact with your peers, take part in community events, so on and so forth. When you’re ready, use your Pixels to purchase in-app rewards, social perks, or even convert them to oXTM!

Everything you’ve crafted in the Creators Lab, such as NFTs, NFT AR Face Filters, and more can be sold directly to collectors on the platform. By eliminating the middleman, you also get to keep a larger portion of your profits. Plus, enjoy the option to embed royalties into your digital creations to accrue more earnings every time someone flips your artwork.

What's my opinion? Do I like this new path? Not really! I am not an NFT artist but a humble content creator! Not sure how sustainable will be for me to keep posting articles in an ecosystem that breaths NFTs!

I already collected some memorabilia and a decent bag of $XTM since I joined. There are also special edition cards sent to active users, such as the Christmas and CNY ones! PVM is a collector even on Torum, and being an OG put me on the WL for a free Chubby Cub mint!

When $XTM was listed I had it staked, and felt somehow deceived. The insiders had their tokens liquid and sold it for thousands of dollars, and I missed the change to cash out. Years later, wanted to avoid a further dump of the token as a direct result of V2 announcement. On an interesting twist... the Chubby Cubs are coming!

Aeons ago, in a vibrant cyber-metropolis where pixels bloomed like holographic fireflies, a glitch rippled through the neon skies of Torum V2. Suddenly, a brilliant light flashed, followed by a cloud of sparkling pixie dust. Poof!
Out tumbled a pod of unlikely creatures, their fur ruffled but their spirits high. These metaverse travelers were known as the elusive Chubby Cubs—10,000 strong, each a distinctively adorable NFT with their own unique charm. Having crash-landed in a foreign place, they peered around with boundless curiosity, a little lost (and a lot bewildered). Their big, curious eyes sparkled in search of connection.

Start your Torum V2 adventure with your very own Chubby Cub! More than just an NFT PFP with unparalleled cuteness, adopting a Chubby Cub comes with many benefits:

Doubles as a personal key that unlocks the gates to Torum V2!
Comes with a free AR Face Filter of your unique Chubby Cub
Allows you to interact with blue-chip NFT holders on the platform
Be the first to enjoy beta features and Torum V2’s latest innovations

_Back to my story! I withdrew my full balance on BNB Chain! All 6,369 XTM left the platform into my non-custodial wallet, where they arrived after few days due to the verification! Not truly Web3 speed for this withdrawal! _

The final step was on Pancake Swap, where I turned the $XTM into BNB! This amount would have been thousands of dollars if I had the tokens liquid back in the days. Now I must accept $241 as a settlement and start building again on Torum V2 when will go live!

Torum V2 will feature a point system where active and loyal users will have the opportunity to earn Pixels. Other than Pixel being an acknowledgement of your contribution to the platform, Pixels can be used to exchange for social perks within the platform and also oXTM.

oXTM is developed with one goal in mind, an avenue for Torum users to convert their contribution towards the platform into something tangible and valuable (XTM). Holders of oXTM would be provided with the opportunity to purchase XTM at a significant discount with Ethereum. Let's see how this gets implemented!