The crypto community is buzzing with speculation about Blum, the hybrid exchange set to make waves. With rumors swirling about an October 2024 launch and price predictions ranging from $0.12 to $0.48, it's no wonder excitement is high. However, Blum’s team has officially set the record straight—no launch date has been confirmed yet, but the final details will drop on October 1st via their official X (formerly Twitter) page.
Blum Tokenomics Update:
The most critical clarification? The conversion rate. Blum has announced that 3.25 Blum points will convert into one Blum token. This ratio is key as the ecosystem evolves and prepares to launch.
What is Blum?
Blum isn’t your typical exchange. Created by ex-Binance heavyweights Gleb Kostarev and Vladimir Smerkis, Blum merges the security of decentralized exchanges (DEX) with the efficiency of centralized exchanges (CEX). This hybrid approach allows users to trade directly from their wallets, prioritizing both security and transparency in a single platform.
What’s Next?
Keep your eyes peeled for more updates as Blum prepares to roll out its groundbreaking platform. If they truly execute as promised, Blum could significantly disrupt how we trade crypto.
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