If you're an active Blum user, eagerly racking up points through tasks, games, and referrals ahead of the big launch, you might want to tread carefully. Blum is tightening its system, and many users could find themselves banned with their hard-earned points wiped out entirely.
Some users have amassed over 20 million Blum points, hoping to cash in once the token hits the market. With projections estimating the listing price to be around $0.05 or possibly as low as $0.03, this could translate into significant rewards. However, there's a crucial distinction to be made: those are Blum points â not tokens. These points will eventually be converted to Blum tokens at a specified rate before being exchanged for real currency. But hereâs the catch: despite accumulating a massive amount of points, you could end up earning nothing if your account is flagged for fraud.
Blum, like many airdrops, operates through platforms like Telegram. When launching the Blum app, you'll likely see a notification indicating that your IP address and device ID (often your device's MAC address) are being tracked. Some users try to game the system by using Telegram's multiple profile feature, where they can add several phone numbers and link them to their Blum accounts. This means that multiple Blum accounts could be tied to the same IP address and device.
This brings us to the first layer of Blumâs anti-cheat system. At launch, Blum will be integrating sophisticated fraud detection technology designed to catch cheaters. If your multiple profiles share the same IP address and device, youâre likely to be banned. While Blum might be lenient when it comes to shared public IP addresses, they are far less forgiving with shared devices, as itâs a clear sign that one person is trying to manipulate the system.
Some users have tried to circumvent detection by using remote machines, but this approach wonât work. Blumâs anti-fraud system is equipped to detect these kinds of setups just as effectively as a bankâs security system would. Even using anti-detection browsers wonât save you. Blumâs fraud detection methods are highly advanced and can spot suspicious activities with ease.
Another tactic fraudsters use is registering with fake phone numbers. However, with Telegram's enhanced security protocols, itâs becoming much harder to trick the system. Users may experience issues like not receiving the verification code, or being asked to provide a code from a previous installation, even if theyâve never registered the number before. Since Blum operates within Telegramâs ecosystem, it can easily detect such fraudulent behavior.
Some users have gone a step further, using virtual machines to mask their activities. While there may be tricks to evade detection, these methods are far from foolproof. Blum is implementing hidden KYC (Know Your Customer) processes that will identify cheaters and result in their accounts being permanently banned. Additionally, entire referral circles could be dismantled if they are found to be linked to fraudulent activities.
In closing, my advice is simple: Be smart. Thereâs an opportunity to gain significant rewards with Blum, but donât fall into the trap of using underhanded methods. These naive strategies will only lead to frustration and lost earnings. Instead, play by the rules, and youâll avoid the fate of those who end up like the frustrated hamster token users.
Be patient, be wise, and you might just find yourself richly rewarded when Blum officially launches!
#BLUM #BlumCrypto #BlumAirdrop #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR