The project has been dedicated to creating sustainable products centered around the NFT collection "Lost Dogs" and the $WOOF token for over two years. They emphasize the importance of long-term growth and community engagement rather than speculative trading or artificial market inflation. By distributing tokens primarily to the community, they aim to foster a loyal user base while planning to utilize 50% of royalties to buy back and burn $WOOF, enhancing its value over time. The team critiques t
Introduction The cryptocurrency landscape continues to evolve, with new projects frequently capturing the attention of investors. One such project is $CATS, which is scheduled for listing on October 8th, 2023. This report delves into the latest news regarding $CATS, its tokenomics, and implications for investors. Latest News As of early October 2023, $CATS has gained significant traction in the crypto community. The project has generated buzz due to its unique approach, focusing on community-dri
# Blum: The Upcoming Telegram Mini App and Its Tokenomics
Blum, the innovative mini app designed for Telegram, is set to revolutionize user interaction within the messaging platform. Anticipation is building around its launch, with various speculations regarding its listing price and tokenomics.
# Expected Listing Price and Date
Blum is projected to be listed on major cryptocurrency exchanges on November 15, 2024. Analysts estimate its initial listing price will be around $0.050 per token, aiming to attract both retail and institutional investors. This price point is positioned to reflect its utility within the Telegram ecosystem while remaining accessible to early adopters.
# Tokenomics Overview
Blum's tokenomics is designed to ensure long-term sustainability and user engagement. Here are the key components:
-Total Supply: 1 billion tokens - Initial Circulation: 200 million tokens will be available at launch, with the remaining tokens released gradually over five years. - Distribution: - Team and Advisors: 20% (200 million tokens) vested over four years - Ecosystem Fund: 30% (300 million tokens) to support partnerships and app development - Community Rewards: 25% (250 million tokens) allocated for user incentives and staking rewards - Public Sale: 25% (250 million tokens) during the initial token offering
# Use Cases
Blum tokens will power various features within the app, including: -In-App Purchases: Users can buy premium features or content. - Staking Rewards: Users who stake their tokens will receive rewards, encouraging long-term holding. - Governance: Token holders will have voting rights on future developments and updates.