What is Blum (Blum)?

What Is Blum?

Blum is a hybrid crypto exchange introduced in April 2024. It is designed to bridge the gap between centralized and decentralized trading platforms. By combining the benefits of both models, Blum offers users a comprehensive trading experience that encompasses the best features of centralized exchanges (CEX) and decentralized exchanges (DEX). This approach allows users to access a wide array of tokens and enjoy the security and transparency of blockchain technology while maintaining the efficiency and user-friendliness of traditional exchanges.

Available as both a mobile app and a Telegram mini-app, Blum caters to tech-savvy investors, particularly Gen Z and Millennials. The platform simplifies crypto trading and includes gamified elements to enhance user engagement. With a focus on emerging markets, Blum aims to democratize access to digital assets and create a seamless, secure, and efficient trading environment for all users.

Who Created Blum?

Blum was founded by a team of seasoned professionals with extensive backgrounds in global finance and blockchain technology, aiming to address the complexities and barriers that often hinder crypto traders. The leaders behind Blum include:

• Gleb Kostarev, Co-Founder and CEO: Former VP of Binance, he leverages his expertise in operational strategy and global market development.

• Vlad Smerkis, Co-Founder and CMO: A veteran in marketing and business development, with experience at global brands like Red Bull and strategic roles at Binance.

• Vlad Maslyakov, Co-Founder and CTO: With over two decades of experience in finance, high-frequency trading, and blockchain technology.

How Blum Works

Blum operates as a hybrid exchange, integrating off-chain order books with on-chain settlement. This hybrid model allows for efficient trade execution while ensuring the security and transparency inherent in blockchain technology. Users can access tokens from over 30 blockchain networks, including popular ones like Ethereum, Solana, BNB Smart Chain, and Polygon. This broad support means users can trade a diverse range of cryptocurrencies without switching between multiple platforms or managing various wallets.

One of the standout features of Blum is its multi-party computation (MPC) wallets, which enhance security by allowing users to manage their assets directly from their wallets, such as Trust Wallet and MetaMask. This ensures users maintain control over their funds while benefiting from the platform's robust security measures. Additionally, Blum supports peer-to-peer (P2P) trading, enabling localized transactions that allow users to trade cryptocurrencies using their local currency, thus reducing the need for currency conversion and transaction fees.

Blum also incorporates a unique reward system centered around Blum Points. Users earn these points by engaging with the platform, completing tasks, and inviting friends. These points can be redeemed for various in-app rewards, creating an incentive for continuous participation and engagement. The platform's Telegram mini-app, Blum Crypto Bot, serves as an entry point for new users, providing a risk-free introduction to cryptocurrency trading.

BLUM Tokenomics

Token Supply: Fixed at 1 billion (1,000,000,000) BLUM tokens.

Distribution:

• 20% to community (airdrops, missions, referrals)

• 20% for ecosystem growth (liquidity, partnerships)

• 28.08% for the treasury (project development)

• 16.11% for contributors (the team and active builders)

• 15.81% for strategic investors

Vesting: No immediate unlocks for team or investors. Most tokens are distributed to the community and ecosystem with vesting schedules to prevent sudden sell-offs. For airdrop participants, 30% unlocks at token launch, with the rest vesting linearly over 6 months.

Use Cases: BLUM is used for trading fee discounts, staking, participation in launchpads, and as a reward for platform engagement.

The tokenomics are designed to reward active users and long-term supporters while supporting project growth and ecosystem development.

What Is Blum Drop Game?

The Blum Drop Game is a unique tap-to-earn mini-game built directly into the Blum platform on Telegram. Each day, users receive a set number of game passes, which they can use to play the Drop Game. During each session, colorful crystals or items fall across the screen, and players tap to catch as many as possible within a short time limit. Every successful catch rewards the player with Blum Points, which accumulate over time and determine the user’s share of the upcoming BLUM token airdrop.

This gamified approach transforms the airdrop experience into something interactive and engaging, rather than a passive reward for simply holding or signing up. By encouraging daily participation, the Drop Game not only makes earning rewards fun but also fosters a sense of community and routine among users. The more often players engage with the game, the more points—and ultimately tokens—they can earn, making it an integral part of the Blum ecosystem and its rapid growth on Telegram.

Blum Achievements

• Over 90 million unique users have interacted with Blum since its launch.

• The official Blum Telegram group has grown to over 30 million members, making it one of the largest crypto communities worldwide.

• Blum’s Drop Game and referral system have generated massive engagement and on-chain activity, with millions of wallets participating.

• The platform’s Memepad launchpad is among the top on the TON blockchain, launching hundreds of tokens and facilitating high trading volumes.

• Blum’s Telegram trading bot is now the largest in the ecosystem, with over a million users and strong daily trading volume.

• The project has successfully raised millions in funding from top industry VCs and accelerators.

• Blum was selected as one of the 13 early-stage projects for Season 7 of the Most Valuable Builder (MVB) Accelerator Program by Binance Labs, highlighting its innovative approach and growth potential in the crypto space.

Blum Roadmap for 2025

Blum has an ambitious plan for the 2025:

• Token Generation Event (TGE): Scheduled for July 2025, with airdrop distribution and token trading opening soon after.

• Web and Mobile App: Expansion beyond Telegram, including a dedicated mobile app and a web trading platform.

• AI Tools: Introduction of AI-powered trading assistants and automated marketing tools.

• Advanced Trading: Launch of features like on-chain perpetual contracts, advanced order books, and chain abstraction for seamless multi-chain trading.

• Ecosystem Expansion: Deeper integration with EVM-compatible chains, fiat on/off-ramps, new staking/farming programs, and expanded Memepad features.
  Blum’s goal is to evolve from a Telegram mini-app into a complete, multi-platform trading and DeFi ecosystem.

How To Participate in the Blum Airdrop

• Join the Blum Telegram Bot: Search for @BlumCryptoBot on Telegram and click “Start.”

• Set Up Your Profile: Create a nickname and connect your TON-compatible wallet.

• Start Earning: Play the Drop Game every 8 hours, complete daily/weekly tasks, and invite friends to boost your Blum Points.

• Stay Active: The more active you are, the more points you accumulate—and the larger your airdrop share.

Participation is open to all users. No special requirements, just active engagement.

How to Claim Blum Airdrop

• Wait for the official Token Generation Event (TGE), as announced by the Blum team.

• Open the Blum Telegram mini-app (or the official web/mobile app, when available).

• Make sure your Telegram account and connected wallet are the same as those used to earn Blum Points.

• Navigate to the airdrop claim section inside the app.

• Review your eligible BLUM allocation based on your accumulated Blum Points.

• Follow the in-app instructions to claim your tokens—this may require connecting your wallet and confirming the transaction.

• At launch, 30% of your airdrop amount will be unlocked immediately; the remaining 70% will be released gradually over the next six months.

• Always use only official Blum channels for claiming to avoid scams or phishing attempts.

When Is Blum Listing Date?

Blum is expected to list its BLUM token at the end of June 2025. The anticipated listing window is between June 24 and June 28, 2025. Users should follow Blum’s official channels for the latest updates and exact timing as the date approaches.

Is Blum a Good Investment?

Blum has definitely caught the attention of the crypto world—and for good reason. With its massive, fast-growing user base, a Telegram experience that feels more like a social game than a financial app, and a founding team of seasoned crypto veterans, there’s a lot to get excited about. The way Blum combines trading, gaming, and community in one easy-to-use Telegram app is something fresh that could really resonate with millions of users, especially those new to crypto.

Of course, as with any new project, there are still some question marks. The token hasn’t launched yet, and we don’t know how the market will react once it does. The world of crypto is famously unpredictable, and trends can shift quickly. But if you’re someone who likes to spot new opportunities early and you enjoy projects with a strong community vibe and lots of ways to get involved, Blum might be worth a closer look. Just remember, as with any investment, do your own research, be mindful of risks, and never put in more than you’re comfortable losing. The future for Blum is full of potential—and for many, that’s exactly what makes it so intriguing.

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