In short, unfortunately, Blum turned out to be the scam of the year.
What was promised to be done was not done, there is no hybrid exchange, P2P, token, wallet, connected blockchains, there is nothing. But that's not so scary, development could have been delayed, they miscalculated the deadlines, didn't foresee all the issues, that happens.
But they forgot all about it, and now, as it turned out, the most important thing in Blum is the mempad and the second season, in which points will be awarded for trading memes in Blum. The Blum points that everyone was farming are now not so important, meme points are more important.
Such memes are by default a scam. Kids create them by pressing 2 buttons, there is nothing useful, just garbage, and Blum encourages everyone to trade them and participate in this nonsense.
Honestly, I didn't expect this from them, at the start the project was useful and clear, but now it looks like an outright scam.