Table of Contents
What is Blum?
Why is Blum Popular?
What is Blum Crypto Bot?
How to Earn Blum Coin Airdrop?
How to Earn More Blum Coin Airdrop?
What will be the Blum Listing Date?
How to Claim Blum Coin Airdrop?
Blum Price Prediction After Launch
FAQs
- What is the Blum coin airdrop?
- What will the Blum airdrop launch date be?
- What is the Blum price prediction for 2025?
Telegram is popping up new crypto projects faster than a popcorn machine. What Hamster Kombat and Notcoin started has led to multiple new crypto projects entering the Telegram ecosystem. One of these projects is BLUM, a Telegram-integrated hybrid exchange making headlines with its strong community engagement and other exciting initiatives.
We don’t want you to miss out on this one, so we have compiled answers to all the top queries, like the Blum coin airdrop launch date and Blum price prediction, in a simplified blog.
So, let’s begin!
What is Blum?
Blum is a hybrid exchange with trading options from both centralized and decentralized platforms. Currently, it is available on the mini app inside Telegram and will soon also be available in a mobile app for easy accessibility. Due to its ability to seamlessly combine CEX and DEX features, users can buy any coin from various networks on Blum. Like centralized exchanges, it utilizes an off-chain order book for efficient match of buy and sell orders. However, it settles transactions on-chain, which ensures immutability, security, and transparency.
Unlike traditional crypto exchanges, which store users’ funds on their behalf, Blum lets users create an MPC (Multi-Party Computation) wallet or connect their existing Web3 wallets. The platform also simplifies various derivatives trading by providing access to tokens across over 30 chains. This facility eliminates the time-consuming step of searching for tokens across multiple chains and exchanges, as Blum can automatically find tokens with enough liquidity from various CEX and DEX. Such advanced liquidity aggregation provides easy trading for end users.
Blum's establishment aims to democratize access to crypto trading while incorporating emerging markets with underdeveloped local products. With its innovative approach, Blum wants to become the most preferred platform for a seamless crypto trading experience. Its founders are prominent crypto figures like Gleb Kostarev, Vlad Smerkis, and Vlad Maslyakove, who have years of experience in crypto, blockchain, and Web3 products.
To boost its engagement, Blum has also rolled out a Telegram-based gamified mechanic where participants can farm Blum Points (BPs) that they can trade for “something exciting” (Blum coin airdrop) in the future. This vertical includes a Drop game that participants can play to accumulate Blum coins faster. Players get limited attempts to play the game in the form of a Game pass. They also get daily login rewards.
Why is Blum Popular?
The popularity of Blum is largely due to the following reasons-
Ties with International Exchange
Blum coin is already part of a cryptocurrency exchange's Most Valuable Builder (MVB) accelerator program. This signifies recognition from the CEX platform and validates Blum’s development. Moreover, Blum will likely receive helpful resources and mentorship from the CEX platform’s team, boosting its development and credibility. Even its founders are former associates of the popular CEX platform, which equips it with the necessary experience.
Easy Accessibility Due to Telegram
Blum's integration with Telegram makes it accessible and builds a user-friendly experience. The participants do not need to necessarily download a separate app, which adds up to its lowered entry barrier. Moreover, the platform also leverages Telegram's massive user base for faster expansion and networking. Overall, the underlying Telegram integration makes Blum a low-entry-barrier project suitable for crypto-curious newcomers.
Hybrid Architecture
The next strong point behind Blum’s rising popularity is its hybrid approach. Blum merges features and cryptocurrencies from both centralized and decentralized ecosystems. Moreover, it takes a modern approach by not maintaining custody of the users’ funds like traditional crypto exchanges. It only functions as the mediator, matching buyers and sellers through an off-chain order book. However, the settlement of transactions occurs on-chain, which means crypto transfers occur between wallets. Such a setup guarantees transparency and security, which the existing options lack. Those who plan to perform derivative trading also find Blum exciting as it intends to bring a simplified approach. Blum will also incorporate P2P (peer-to-peer) fiat trading directly into the platform to make it possible for users to seamlessly buy and sell crypto with fiat directly from another user within the Blum ecosystem.
What is Blum Crypto Bot?
The Blum Crypto Bot is a Telegram mini-app where you can interact with the project for the first time and earn points for that. Users can access this bot by searching for it in the Telegram app (@blumcrypto) and joining the community.
Once you find the Blum Crypto bot, you have two options: Launch Blum and Join Community. The former takes you to the mini-app window of “Launch Blum,” while the latter helps you join Blum's community bot, where you get all the latest updates about the project.
How to Earn Blum Coin Airdrop?
To earn Blum coin airdrop, you must be active in the ecosystem. You can do that by participating in Telegram's Blum Point earning program. The platform plans to let players earn Blum points through its gamified mechanics and then give them the option to convert their earned Blum points into Blum coin airdrop soon.
Here’s how you can earn Blum Points (BPs) to be eligible for earning Blum coin airdrop in the future-
- Download the Telegram app on your mobile or computer.
- Log in to your existing account or create a new one.
- Search “Blum Crypto bot” (@BlumCryptoBot) and select.
- You will see two options- Launch Blum & Join the Community
- Opt for the “Launch Blum” option in the Blum crypto bot.
- Blum’s mini-app window will open up.
- You will receive the joining bonus in the form of Blum Points (BPs).
How to Earn More Blum Coin Airdrop?
The key to earning more Blum coin airdrop is to earn as many Blum Points as possible. The Blum mini app provides various ways to boost your Blum Points earning.
Let’s discuss them one by one-
Show Up Reward
The easiest way to earn some Blum points (for eventually redeeming them for Blum coin airdrop) is to interact with the Blum mini app. The app tracks your interactions and rewards you with some daily show-up rewards in Blum Points. You only need to open Blum’s mini app once or twice every day to earn this.
Playing the Drop Game
Another fun way to earn Blum points is through the Drop game located in the Blum mini-app. Players get some game passes to play the Drop game, where they can farm Blum points in a fun manner. The game requires players to catch a maximum number of falling items within a limited time. Each of their caught items turns into Blum Points, adding up to your balance. Players can log into Blum every day to earn extra Blum points and Game passes.
Day 1: 10 BPs + 1 Game Pass
Day 2: 20 BPs + 2 Game Passes
Day 3: 30 BPs + 3 Game Passes
Day 4: 40 BPs + 4 Game Passes
Day 5: 50 BPs + 5 Game Passes
Day 6: 60 BPs + 6 Game Passes
Day 7: 70 BPs + 7 Game Passes
After Day 7, the players’ rewards stabilize at 70 BPs and 7 Game Passes per day. They can also invite their friends to play this Drop game.
Performing Farming
Another easy way to mine the Blum points is to initiate Farming. The project's mini-app includes a farming option through which players can mint Blum points. To initiate daily earning, players only need to tap on the Farming option.
Completing Tasks
To boost your Blum Points earning and increase your chances of earning Blum coin airdrop you can complete simple tasks given by the platform. Just locate the “Task” option in the mini app to look into the list of tasks you can take up along with their rewards. Usually, these tasks involve following the Blum team on IG, X, Discord, YouTube or other platforms that you can easily complete in seconds. Some tasks also include watching a YouTube video or inviting friends.
Joining the Tribe
The Blum project also lets you join an existing coin tribe or create your own to farm the new Blum points at a 10% faster rate. You can also invite your friends to join the tribe together and significantly boost your Blum Point earning. The more friends you have to join the Blum coin airdrop, the better earning you can make; for each friend who signs up through your link, you earn 10% of their Bum points and 2.5% of their referrals.
Trading on Blum
Those who trade coins or contracts on the Blum hybrid exchange also stand a chance to boost their BP earning. They also get access to exclusive features that will benefit them from the upcoming Blum coin airdrop. These features include earning redeemable NFTs and other prizes.
What is the Blum Airdrop Launch Date?
According to various news sources, the Blum airdrop launch date for eligible users will be September 20, 2024. This Blum airdrop launch will be part of Blum’s multi-phase roadmap to become a full-fledged crypto project revolutionizing how investors trade digital currencies. According to various sources, September will be crucial for the Blum community due to the upcoming Blum coin airdrop event. However, similar airdrop events have undergone multiple delays, and the Blum coin airdrop can face the same fate. We advise you to follow the project’s official pages on Twitter and Discord to stay updated on the Blum airdrop launch date.
The official Blum website also suggests that the project has previously adjusted its multiple release schedules to ensure the best possible experience for its users. The website says that they are investing extra time in R&D to bring innovative and cutting-edge solutions that will pay off in the long run. However, a silver lining amid all these possibilities associated with the Blum airdrop launch date is Blum's performance so far.
Out of its fourteen objectives, Blum has already achieved nine successfully. The completed objectives include the launch of the Beta version, Farming, Tasks, Referral program, and MVB program. They also include the creation of 30,000,000+ users and the rolling out of the Drop game, Public Launch (of BP), and the TON wallet feature. The next focus will be Tribes, memepads, Swaps, wallets and perps. Such progressive development suggests fewer chances of delay in the Blum airdrop launch date.
What will be the Blum Listing Date?
The most awaited Blum listing date for when the airdropped token will be live in markets for trading has not yet been provided. While various news sources suggest that the Blum airdrop launch date could be 20th September 2024, the token balance would not be instantly available for trading or selling.
However, many big crypto trading platforms have already declared their support for the Blum token launch, suggesting that the Blum listing date isn’t too far off. Several news sources state that the Blum listing date is scheduled for the end of 2024, when the coin can be launched on multiple DEX and CEX platforms.
Blum has secured a community of over 3.9M followers on X and 28M on Telegram. This indicates the possibility of a huge event to announce the Blum listing date.
How to Claim Blum Coin Airdrop?
You must follow some steps to benefit from the Blum coin airdrop distribution. Here’s what you need to do:
- Join the Blum Crypto bot: Since the Blum crypto bot provides users with the first interaction with the project, joining it is a crucial step to being eligible to claim the Blum coin airdrop.
- Collect Blum Points: Start earning the Blum points through various methods like farming, showing up, completing tasks, becoming part of tribes, and referring Blum to friends. Try to gather as many Blum Points (BPs) as possible before the Blum airdrop listing date.
- Take Part in Similar Projects: Blum actively promotes other Telegram projects, such as Hamster Kombat, DOGS, Tapswap, and Pixelverse. Thus, participating in these projects might increase your chances of receiving the Blum coin airdrop.
- Link Your Crypto Wallet: Many people miss this step while preparing for the upcoming Blum coin airdrop. Along with earning Blum points, it is equally important to connect to a supported crypto wallet, where your balance will be reflected after the Blum airdrop launch. The project supports various TON-compatible wallets, such as Tonkeeper, MyTonWallet, Tonhub, and more.
- Stay Updated: Follow the Blum coin account on X or Discord to stay updated about the Blum airdrop launch date. Join the Blum project community group to receive every major update.
Blum Price Prediction After Launch
Blum price prediction after launch depends on the project’s fundamentals. Blum is emerging as a revolutionary project aiming to solve crucial industry challenges. By combining the best of CEX and DEX, Blum addresses the limitations of existing trading platforms that fail to provide a seamless trading experience and strong security.
Currently, traders must search for the right chain and platform to find the right liquidity for a specific coin. Blum solves this issue by accumulating over 30 chains and employing a hybrid approach. By operating on Telegram itself, Blum also lowers the complicated entry barriers for beginner and experienced traders. Moreover, the strong community of nearly 10 million on X and 28.8 million on Telegram further gives it an edge. Such vast backing from retail investors can positively influence Blum's price after launch. With the support of various popular crypto trading platforms, Blum coin will likely win investors' trust as soon as it goes live.
Another factor tilting our Blum price prediction towards a slightly bullish side is the overall trend of Telegram-based cryptocurrencies. The recent successful launch of DOGS indicates that investors are taking the TON ecosystem currencies positively.
However, multiple factors like wider market sentiments, the launch event’s success, the token’s total supply and the Blum coin airdrop amount can adversely affect the Blum price.
Considering all these factors, our BLUM price prediction for 2025 ranges between $0.000023 and $0.0021, depending on how all the factors play out. Note that new coins in the crypto market undergo extreme volatility and speculation. Thus, kindly do your own research and risk assessment before making any investment decision.
FAQs
What is the Blum coin airdrop?
Blum coin airdrop is an upcoming event where eligible community members of the Blum project on Telegram who earned Blum Points in various ways will receive BLUM coins as a free reward. Millions of users are farming Blum points daily to receive Blum coin airdrop or other exciting future assets. The entire objective behind the Blum airdrop is to drive engagement and adoption of the project.
What will the Blum airdrop launch date be?
Some news sources suggest that 20 September 2024 could be the Blum airdrop launch date. However, there has been no recent official announcement to confirm this date.
What is the Blum price prediction for 2025?
As per our analysis, the BLUM price prediction for 2025 can range between $0.000023 and $0.0021, depending on various macro and micro factors. However, considering the market volatility and uncertainty, we advise our readers to do their own research before making any investment decision. Our Blum price prediction is for educational purposes only.