KUCOIN Labs invest in the social fi platform supported by Huobi to expand into the meta-verse and NFT area-press release
KUCOIN Labs invest in the social fi platform supported by Huobi to expand into the meta-verse and NFT area-press release
press release
press release. The latest strategic investment in the emerging social fi startup torum from Kucoin Labs will enable the development of a social fi meta verses based on VR and Web3.0 technologies.
4. November 2021, Kuala Lumpur, Malaysia -After the strategic investment of Huobi Ventures and 20 other prominent crypto-vcs, Style = "Font-Weight: 400;"> Torum Socialfi-platform is pleased to announce that the project has secured a strategic investment by Kucoin Labs, the incubator and research branch of Kucoin in the amount of US dollar.
The Torum Kucoin ecosystem
Torum is a social fi Metaverse ecosystem that was specially developed to connect users and projects of cryptocurrencies. The web 3.0 ecosystem consists of a social media platform with over 120,000 users in the core, integrated with an interactive Yield Farming platform, an NFT marketplace and finally the world's first PFP Meta-Verse identity-Torum Avatar NFT.
everything started when Torum announced the ambition, on September 27, 2021. The social fi meta-verse concept noticed the Kucoin Labs, which led to intensive meetings and consequences between the two parties and finally the strategic investment in Torum.
Lou, head of the Kucoin Labs
"The beauty of metavers lies in its diversity. Social, avatars, NFT collections, Gamefi-meta-verses will change the world as we see it. This is only the top of the iceberg To build crypto users. “ Expansion of the ecosystem As part of this strategic investment, Torum will build an immersive and interactive social fi meta-sance ecosystem in which users of cryptocurrencies around the world can access social, decentralized finance, nft and meta-verses. yi feng Go, CEO and founder of Torum specified: "This round is an important step towards the upcoming Metaverse revolution. It doesn't matter whether you are a Bitcoin maximist, defi player, old coin dealer or NFT artist create. " The partnership with Kucoin Labs will enable Torum to connect to exclusive partners and access to premium services (technical blockchain support, legal advice, etc.), which are within the reach of the Kucoin ecosystem in order to develop the social fi meta verse concentrate.
About Kucoin Labs
originally founded in May 2018 as Kucoin Investment and Incubation Program, KUCOIN LABS Style = "font-Weight: 400;"> is the investment and research force of the kucoin Ecosystem. With a team of research and market experts, Kucoin Labs diverse and intensifies investments in projects, ecosystems and communities in the early stages and enables Buidlers to achieve sustainable growth and success in the decentralized world.
About Torum
torum socials
Twitter | telegram | Zwietracht | medium | facebook | LinkedIn | reddit
contact details of the media
Contact name : Jayson tan
Contact E-Mail : Hallo@torum.com
Torum is the source of this content. This press release only serves for information purposes. The information is neither an investment advice nor an investment offer.
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