Other Reviews

Blum Airdrop Guide: How To Maximize Your Chances

Blum is not only a product that enhances decentralized transactions but also aims at sociality on the TON ecosystem. So when will the Blum airdrop take place, and how will it increase the chance of receiving the project’s tokens? Let’s refer to Coincu’s guide to participating in Blum airdrop!

What is Blum?

Blum is an innovative Tap to Earn game project centred on Telegram. Such a project enables players to receive Blum Points for participation in a wide array of activities: mini-games, attendance checks, inviting friends, and other tasks. Initially launched as a mini-app on Telegram, the ambitious project will grow into a comprehensive DEX.

Although Blum has not yet made an official announcement, the project is expected to launch its tokens and conduct airdrops in the fourth quarter of 2024. Its current user base on Telegram is impressive, with over 41 million monthly active users. This milestone has placed Blum ahead of Hamster Kombat, previously the most popular application on the platform in terms of user count.

Blum monthly users have now surpassed Hamster Kombat

Read more: The Open Network Review: The Most Potential Layer 1 Today 

How Blum Game Operates

Blum introduces a fun, tap-to-earn game designed to captivate users with an engaging experience similar to popular games like Hamster Kombat. In the game, grass flowers fall, and your task is to tap on green grass flowers to collect as many as possible; watch out for bombs that will cost you points and snowflakes that will freeze time so you can collect more.

In addition, players can complete a range of tasks, tackle challenges, and participate in in-game competitions. These activities allow users to accumulate Blum Points for a chance to participate in future Blum airdrops.

Read more: Telegram Mini Apps: Fertile Ground for Web3 Expansion 

Features

With Blum, a whole suite of features caters to traders’ needs from the ground up, making trading widely accessible. Its main features are designed with ease of use and sophistication in mind, they include:

Hybrid Model for Increased Flexibility

Blum uses a hybrid model that combines the speed of centralized exchange with the security of a decentralized platform. It merges off-chain order books with on-chain settlements to give flexibility to user choices, whether they want to prefer self-custody or choose multi-party computation.

Universal Token Access

The DEX automatically lists tokens with sufficient liquidity from a variety of exchanges and protocols, making sure that its users have access to a wide selection both of new and popular tokens. By all means, this greatly simplifies the feature of token discovery and affords traders more opportunities to diversify their portfolios.

Trading on Telegram

Blum also has a mobile app and integrates well with Telegram, providing a mini-app that enables users to trade directly from within the messaging platform. In that respect, trading is brought into their comfort zone, and its gamified approach to trading makes the process even more engaging and interactive.

Read more: DOGS Memecoin Review: Telegram’s Memecoin Project listed on Binance Launchpool 

Simplified Derivatives Trading

Blum provides a derivatives trading interface with perpetual futures and options that are easily accessible. Its product landscape extends to unique products such as futures on NFTs and pre-market tokens, which provide an avenue for users to tap into innovative new trading opportunities.

P2P Fiat Trading for Frontier Markets

The project provides P2P fiat trading, a focus on local currencies, integrations with merchants-and all that-so seamlessly for fiat transactions, users can mostly move from crypto into and out of their local currency in emerging markets.

Cross-Network Trading Seamless

Blum smooths out the trading experience by allowing its users to trade on several different networks without having to switch wallets or navigate cumbersome interfaces.

Blum Products

Blum’s main product is the DEX, which has yet to be developed. For now, one can get a glimpse into Blum through a view of its Telegram game bot, where every player earns a chance to receive Blum Points. These points could provide potential future rewards in Blum airdrop tokens.

Two main mechanisms form the bedrock of user interaction for the Blum game bot: Tap to Earn and Passive Farming.

  • Tap to Earn: The function enables players to earn rewards by tapping on the green ball icons inside the Drop game.
  • Passive Farming: The player gets points automatically with the system refresh every 8 hours.

Besides the game bot, Blum is working on quite a variety of new products with the goal of developing its ecosystem. Among them:

Memepad

Memepad is a place where users can create their own meme coins. With the presence of 32 million subscribers in Blum’s network, the platform is poised to support any meme coin creator with access to a large audience.

Perp

Perp is a DEX for derivatives that enables users to trade cryptocurrencies and perform derivatives trading operations.

MPC Wallet

Blum’s cryptocurrency wallet helps users manage and secure their digital assets.

In addition to the above outstanding products, Blum is also planning to develop its own blockchain, with the main purpose of bringing a fast transaction experience, low fees, and the expansion of the utility of the project’s token.

What Makes Blum Different From Other DEXes?

Blum allows experiences in cryptocurrency trading and community engagement with ease, right from within Telegram. On the platform, users can trade and interact without needing to leave one of the world’s largest messaging apps. The Blum mini-app will allow users to participate in the ecosystem, including completing tasks and inviting friends for rewards, thus making it an enjoyable experience with ease while trading.

Starting as a simple Telegram-based service, Blum will be extending into mobile and web applications on the basis of the TON blockchain. The addition of these features will widen access and make the user interface smooth on all kinds of devices.

Read more: Flappy Bird Review: Web3 Version Causes Excitement On Telegram

Blum Airdrop

Of late, several mini-apps on Telegram have been building hype for their airdrop announcements. A few notable projects already drawing some attention from the community are DOGS, Hamster Kombat, and Citizen. Grander events set the stage for the highly watched Blum airdrop.

While the official details of the Blum airdrop have not been officially confirmed, there is a belief that it will be officially launched before the end of 2024. The rising interest in Blum supposes that early users collecting Blum Points are likely to be in good standing about future token distributions once the airdrop has been performed.

Read more: Catizen Review: Telegram Cat Breeding Project Goes to Binance Launchpool 

How to Earn Points to Get Blum Airdrop

  • Drop Game Participation: The game has been important on the platform for showing its liveliness. A user consistently shows firm commitment by playing this game and hence qualifies for the Blum airdrop event.
  • Completion of Tasks: Other ways of increasing one’s eligibility include the completion of various platform-specific tasks. The higher the rate of completion, the stronger one’s chances of qualifying will be; Therefore, users are encouraged to be active and contribute to the community.
  • Daily Check-in: You will receive energy vouchers to play games if you log in to check-in regularly for many consecutive days.
  • Social Engagement: The other one is networking with people on the platform by adding up to five friends, which they call “frens”. This will be considered social interaction that will make the community stronger and increase eligibility.
  • Active TON Wallet: Connection The connection of a TON wallet is the minimum condition for you to claim tokens when the Blum airdrop takes place.

Read more: Notcoin Review: The 54th Project Of Binance Launchpool  

Conclusion

Blum aims to be a DEX that combines the advantages of CEX and DEX with a friendly interface and a non-custodial wallet. You can now join early and experience the project to get a chance to receive tokens when the Blum airdrop approaches. Hopefully, this article has helped you gain more useful information about the project.

FAQs

How is the exchange rate between Blum Points and BLUM tokens calculated?

The project has not yet announced information about the airdrop, so there is no official exchange rate yet.

When will Blum’s DEX launch?

The project has not yet announced an official launch date for the DEX.

What benefits do I get from participating in the game regularly?

For each day you log in, you will receive 10 Blum Points and 1 Play pass. If you log in continuously, you will receive an additional 10 Blum Points and 1 Play pass for the next day (maximum 7 days is 70 Blum Points and 7 Play passes).

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

South Korean Martial Law Is Now Lifted But Crypto Markets Remain Suspended

The South Korean martial law has now been declared invalid by the country's National Assembly…

22 minutes ago

Turn Dips Into Moonshots: BTFD Coin Presale Ranks Among Best New Meme Coins with 100x Potential Alongside Just a Chill Guy and Mog Coin

BTFD Coin’s presale ignites the meme coin market as $CHILLGUY and MOG Coin continue to…

1 hour ago

South Korean Martial Law Forces CryptoQuant CEO to Call Musk for Help Immediately

The South Korean martial law declaration followed accusations that the opposition party engaged in anti-state…

1 hour ago

Namada Launches Mainnet, Introducing Shielded Cross-Chain Transactions

Zug, Switzerland, 3rd December 2024, Chainwire

2 hours ago

Breaking: Korean Crypto Exchanges Overwhelmed As Martial Law Is Declared

All South Korean crypto exchanges were temporarily down following President Yoon Suk-yeol’s declaration of martial…

2 hours ago

This website uses cookies.