Binance Invests in Telegramâs Mini-App Blum as a MVB Winner
Introduction: Leading crypto exchange Binance has recently announced its investment in Telegramâs mini crypto-trading app, Blum. This move comes as part of the BNB Chainâs Most Valuable Builder (MVB) Program, where Blum emerged as one of the standout projects.
Key Highlights:
Blumâs Inclusion in MVB Program:
Blum has been recognized as one of the top projects in BNB Chainâs 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.
Binanceâs Investment:
Binanceâs investment in Blum underscores the projectâs potential in the crypto space, particularly within Telegramâs ecosystem.
Launch-as-a-Service (LaaS) Package:
Blum, along with other MVB winners, will receive support through BNB Chainâs LaaS package, valued at up to $300,000.
The package includes infrastructure support, security enhancements, treasury management, business growth, and marketing assistance.
Blumâs 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.
Telegramâs 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 Telegramâs biggest airdrop of the year.
Conclusion: Blumâs 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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