KEY HIGHLIGHTS:

• The Blum team has not announced the official BLUM token launch or airdrop date yet

• The team seems to be planning to launch the token eventually, at least based on their wording

• Beware of social posts and websites promoting the BLUM token airdrop

Blum is a decentralized cryptocurrency exchange that is built as a Telegram mini app, allowing users to trade meme coins and other digital currencies within the Telegram messenger itself. As of writing, the app has more than 46 million of users who are collecting Blum Points (BPs) by completing various tasks and simply using the exchange.

When the Telegram app first came out in April, the official blog post was worded in a way that led most readers to believe that BPs will be in some capacity related to the upcoming BLUM coin.

When will the Blum coin launch?

There’s still no official word about the Blum token launch date. While some online sources are saying that the token might launch as soon as in September or October, it seems that most of these sources are just plainly making things up. That doesn’t mean that the token won’t launch in the coming months; it just means that the Blum team has provided no information about the exact date so far.

In fact, the only mention of the BLUM token on the official X (Twitter) account is related to the team warning the community against potential scams involving fake tokens and NFTs.

Blum one of the budding play-to-earn crypto projects hosted on Telegram has finally announced its much-awaited Airdrop date while revealing a new roadmap for current users.

The Blum project is set to Airdrop its native BLUM token to its community on September 20 and has revealed a new roadmap for its current engagers.

There will be liquidity in centralized exchanges like Binance and resilience and high reliability in DEXs like Uniswap, Curve, or PancakeSwap.

Beyond This, Blum also offers an opportunity for cross-trading in a low-fee environment, making crypto trading attractive.

Blum airdrop will feature multiple rewards for the Blum community. There will be a $2,500 weekly giveaway where community members can multiply their Blum points whenever they engage. To win,

Community members can also participate in discussions and complete simple tasks. To ensure no one misses out, Blum is providing a detailed guide to ensure it is easy for everyone.

This was met with excitement by the Nigerian crypto space which has heavily invested in the Blum Airdrop campaign since its launch.

Some Nigerian Web 3 enthusiasts hailed the sincerity and transparency of the Blum project after it returned an initial 0.2 Ton deposit it demanded from its community during the airdrop campaign.

What to Know 

 Blum is one of the play-to-earn crypto projects that swept Nigerian crypto enthusiasts off their feet together with Tapswap, Hamster Kombat, and Notcoin. The project is hosted on Telegram and makes use of a Telegram bot to onboard new users.

 Blum’s coolest feature which helped boost its adoption was the referral process where users qualify for airdrop by referring 10 persons to the project.

 Blum’s airdrop is set for September 20 and miners of the Blum tokens are set to receive their airdrop rewards on that day.

Why Should You Participate in the Blum Airdrop?

Blum offers a unique opportunity for crypto enthusiasts to earn free tokens without any upfront investment. As the $BLUM token gears up for its listing, early participants stand to gain a significant advantage. With the initial listing price expected to increase due to high demand, those who join the airdrop early may see their token holdings multiply in value.

In addition to earning $BLUM tokens, participants can also engage with the platform’s gamified features, which make the experience fun and rewarding. Blum’s “tap-to-earn” model allows users to accumulate points and tokens by interacting with the platform, completing tasks, and engaging with the Telegram community.

When Is the Likely Blum Listing Date?

Once Blum confirms its airdrop date, the $BLUM token could be listed on several major exchanges, including Binance, most likely in Q4 2024; however, the Blum team has not yet offered details on a specific date. This listing will provide greater liquidity and trading opportunities for $BLUM holders, further increasing the token’s appeal. For more information on the Blum listing date, be sure to follow official updates from the Blum team on Telegram or X.

Blum is also planning future developments, including more gamified features, Memepad and integration with additional blockchains. These updates will enhance the platform’s versatility and continue to attract new users.

What Makes Blum Stand Out?

Blum operates as a decentralized exchange, blending the liquidity and accessibility of centralized exchanges with the security and flexibility of decentralized platforms. Users can trade directly from their non-custodial wallets, meaning they don’t need to transfer assets to an exchange to participate in trading activities. This innovative approach provides added convenience and security for crypto traders, giving Blum a competitive edge in the market. Since its launch in April 2024, Blum has grown its user base to over 65 million users within six months.

Blum’s integration with Telegram, one of the largest messaging platforms globally, further enhances its appeal. The exchange functions as a mini-app within Telegram, making it easily accessible to over 950 million monthly users. Users can participate in Blum’s ecosystem by completing tasks, inviting friends, and engaging with the platform—all from the convenience of their

Blum Announces Strategic Investment From Binance Labs

This strategic investment from Binance Labs further solidifies Blum’s position as one of the most promising projects in the Telegram-based crypto ecosystem. The upcoming airdrop is expected to attract millions of participants, especially with Blum's $BLUM tokens soon to be listed on major exchanges.

With Binance Labs’ backing, Blum has the potential to become a major player in the crypto market. The support from Binance Labs will help the platform expand its infrastructure, enhance its trading capabilities, and reach new markets. As more users join the platform, Blum is expected to evolve into a fully integrated trading ecosystem, offering a wide range of services beyond just cryptocurrency trading.

Blum’s Long-Term Vision

Blum’s decentralized exchange model is designed to attract both seasoned crypto traders and newcomers. By leveraging the vast user base of Telegram and combining it with a user-friendly interface, Blum is positioned to capture a significant share of the growing decentralized exchange market.

The project’s unique features, such as direct wallet trading and meme-based engagement, set it apart from other exchanges. Users can trade seamlessly between centralized and decentralized platforms, making Blum a flexible and robust trading platform for all types of crypto users.

Blum’s Long-Term Vision

Blum’s decentralized exchange model is designed to attract both seasoned crypto traders and newcomers. By leveraging the vast user base of Telegram and combining it with a user-friendly interface, Blum is positioned to capture a significant share of the growing decentralized exchange market.

Conclusions

In conclusion, Blum’s upcoming token launch and airdrop presents a notable opportunity for participants in the cryptocurrency market. Backed by Binance Labs and with a growing user base, Blum shows potential for future growth. However, as with all crypto projects, it's important to approach with caution. Token prices and market conditions can be volatile, and there are risks involved in participating in airdrops and new listings. Be sure to do your own research and assess the risks before joining the Blum community or investing in Blum tokens.