Always with the most exciting cryptocurrencies in the crypto-asset market, we’ll talk about BULM and the exciting digital project behind it. Blum is a revolutionary hybrid cryptocurrency platform, designed to provide a seamless user experience for buying, selling, and trading digital assets. Blum, which has been integrated with Telegram, aims to simplify crypto trading while incorporating gaming features to engage users. Here’s an in-depth look at Blum, its key features, and how you can get involved in its ecosystem.
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What is Blum?
Blum is a hybrid exchange that combines the features of a centralized exchange (CEX) and a decentralized exchange (DEX). Its unique Telegram-based mini-app provides an easy-to-use gateway to a broader trading platform, offering both social sharing and financial instruments. The hybrid nature means that users benefit from the transparency and security that blockchain technology provides while enjoying the efficiency of a centralized platform for fast transactions.
Key Features of Blum
Dual trading platform between centralized and decentralized
Users can trade a wide range of cryptocurrencies and tokens across multiple blockchain networks, enjoying the best of both worlds of CEX and DEX.
Play and win experience
Blum integrates games like “Drop Game” where users catch falling items to earn Blum Points, which can later be converted into tokens.
Cross-chain trading
Blum facilitates seamless trading across different blockchain systems, making it easy to trade without switching platforms.
Security Features
Using multi-party computing (MPC) technology and self-custodial wallet options, Blum prioritizes security and control over user assets.
How to earn and use Blum Points
Blum Points are the in-app currency used to reward users for their participation. While not a cryptocurrency yet, Blum Points are convertible into BLUM tokens once the official token is launched.
How to earn Blum Points
Agriculture
Blum offers an easy points farming system where users can log in and collect points by clicking a button every hour.
Daily tasks
Complete specific tasks or interact with the platform's social features to earn additional Blum Points.
Drop game
Participate in the game by picking up items in 30-second time periods to collect more points.
Daily Video Codes from Blum
It is a gaming system where users watch videos to discover hidden codes. These codes are then used to earn additional Blum points, which can be traded for future boosts and rewards on the platform. Video codes often involve watching the entire video and using careful observation to find the hidden code. For example, recent daily codes include: “HEYBLUM” from the Navigating Crypto video and “VALUE” from the How to Analyze Crypto? video.
How to Buy and Trade Blum Tokens
Blum ($BLUM) tokens are expected to be listed on major exchanges by the end of September 2024, although the exact date is still pending. Once listed, users will be able to buy, sell, and trade Blum tokens through centralized exchanges (CEX) like Binance and decentralized exchanges (DEX) like Uniswap. The exchange model also seamlessly integrates with Telegram, allowing for in-app trading features, making it accessible to users who are already familiar with the platform.
To buy Blum tokens
Set up a compatible wallet
You will need a wallet that supports Blum tokens, such as those compatible with the TON ecosystem.
Use a supported exchange
Once listed, use a major exchange like Binance to buy BLUM, or participate in trades through a DEX.
Stay up to date on airdrops
Prior to the token listing, Blum organized airdrops to reward early participants. Blum has also been teasing the upcoming coin drop, though there has been no official announcement yet regarding the release date. The team has been transparent about the rumors, stressing that any future announcements will be made directly through official channels.
Blum Token Price Prediction
Blum price predictions are speculative but are expected to start at around $0.40 per token after listing. Many factors will influence the price, such as market sentiment, technological advancements, and community engagement. Additionally, the hybrid exchange model, with its combination of CEX and DEX functionality, is expected to boost demand for the token.
Roadmap and future plans
Blum’s roadmap includes several exciting features, such as introducing a “Memepad” tool for creating custom tokens, enhancing community engagement through gaming features, and expanding hybrid exchange capabilities. This focus on user experience and innovation is expected to drive the platform’s growth and adoption.
Blum stands out from the competition by offering deep integration with Telegram, allowing users to manage their trades, referrals, and rewards within the messaging app, a feature that few other platforms offer. The combination of airdrops, a hybrid model, and user-friendly features makes Blum a noteworthy project in the crypto space.
By monitoring and listing airdrop opportunities, users can get in early on what promises to be a very dynamic and community-driven platform.
Bloom’s roadmap for Q4 2024 includes the launch of a fully decentralized platform, with plans to offer DeFi functionality by mid-2025.
This growing ecosystem, integrated within the widely used Telegram platform, positions Bloom as an innovative player in the crypto space. Currently, users can participate by completing tasks, solving puzzles in videos, and preparing for future developments such as the launch of the BLUM token.
