Binance Invests in Telegram’s Mini-App Blum as a MVB Winner
Introduction: Leading crypto exchange Binance has recently announced its investment in Telegram’s mini crypto-trading app, Blum. This move comes as part of the BNB Chain’s Most Valuable Builder (MVB) Program, where Blum emerged as one of the standout projects.
Key Highlights:
Blum’s Inclusion in MVB Program:
Blum has been recognized as one of the top projects in BNB Chain’s MVB Season 7, joining other winners like Aggregata, Opinion Labs, SideKick, and Vooi.
The inclusion was delayed due to legal and administrative finalizations but is now officially confirmed.
Binance’s Investment:
Binance’s investment in Blum underscores the project’s potential in the crypto space, particularly within Telegram’s ecosystem.
Launch-as-a-Service (LaaS) Package:
Blum, along with other MVB winners, will receive support through BNB Chain’s LaaS package, valued at up to $300,000.
The package includes infrastructure support, security enhancements, treasury management, business growth, and marketing assistance.
Blum’s Rapid Growth:
Since its launch in March 2024, Blum has attracted over 50 million users, with 10 million joining in August alone.
Blum focuses on trading memecoins and new tokens with leverage, making it one of the most exciting projects of the year.
Telegram’s Biggest Airdrop of 2024:
With such a large user base, Blum is set to be a major player in the crypto airdrop scene, projected as Telegram’s biggest airdrop of the year.
Conclusion: Blum’s recognition and investment from Binance highlight its potential to reshape the trading landscape within Telegram. With access to extensive resources through the MVB program, Blum is poised for even greater growth in the coming months. Keep an eye on this project as it continues to make waves in the crypto world.
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