What is Blum?

Image:https://www.blum.io/zh/post/blum-your-go-to-crypto-app

Blum is a hybrid cryptocurrency trading platform that combines the advantages of centralized exchanges (CEX) and decentralized exchanges (DEX), aiming to provide emerging market users with a simple, efficient, and low-threshold trading experience. The project is built by a senior team in the crypto community and integrates wallet, trading, asset management, and other integrated services through the Mini App feature on Telegram, with the goal of attracting millions of non-professional users worldwide into the crypto world.

Unlike traditional CEX or DEX, Blum adopts an innovative technological architecture to achieve cross-chain trading and high-performance matching without sacrificing user experience. Users can start trading and participate in activities with just a Telegram account, without the need for complex operations.

Blum launch time

According to the current official disclosure, Blum’s token $BLUM is expected to officially launch on multiple exchanges, including top centralized platforms, in the spring of 2025.
This marks an important milestone for the Blum project, and also means that the profit realization window for early participants is about to open.

In fact, Blum has already opened the first round of pre-sale and airdrop on the Gate platform on October 20, 2024, attracting participation from over 500,000 users worldwide. Subsequently, the platform continued daily task activities on Telegram, accumulating users and points system, paving the way for the mainnet to go live.

BLUM can currently be traded on Gate before the market opens, with large fluctuations. Please trade cautiously and be aware of the risks.

Figure:https://www.gate.com/trade/BLUM_USDT?type=pre

How to participate in the Blum project?

Even if you are a crypto beginner, you can easily participate in Blum’s early ecosystem:

Join the Telegram community

Blum’s core ecosystem is built on Telegram, where users can simply follow the official channel and click on the Mini App to start tasks, transactions, and interactions.

Participate in airdrop activities

Obtain Blum Points through daily check-ins, completing tasks, inviting friends, etc., and exchange $BLUM tokens at a 1:1 ratio in the future. These tasks have extremely low entry barriers and are suitable for every beginner.

Use Blum Mini App

Blum’s Telegram Mini App has functions such as a lightweight wallet, asset tracking, game tasks, and trading. You can even complete transactions and send tokens in chats.

Blum’s core features

Blum is not an ordinary trading platform, it has the following major innovative highlights:

• Hybrid trading mode: combining the high liquidity of CEX with the trustlessness of DEX, users can enjoy a quick trading experience without sacrificing asset control.
• Cross-chain support: The platform supports over 30 mainstream public chains including Ethereum, Solana, BNB Chain, Polygon, Arbitrum, TON, etc., truly achieving free flow of cross-chain assets.
• Simplified Derivatives Trading: Providing a user-friendly interface for perpetual contracts and options markets, simple and intuitive, lowering the entry barrier for participation.
• P2P Fiat trading: supports multiple local currencies and payment methods, allowing users to directly engage in peer-to-peer fiat exchanges, especially suitable for emerging markets.
• Gamified experience: combining task systems with daily draws, leaderboards, etc., enhancing user stickiness, and creating a community interactive atmosphere.

Why is Blum worth paying attention to?

1. Low threshold participation: No need to install a wallet, no need to pre-fund assets, just a Telegram account to start exploring the Web3 world.
2. Massive community foundation: Blum’s Telegram community has exceeded 2 million active users, with strong viral transmission potential.
3. Real user growth: Thanks to the task mechanism and Telegram’s natural traffic, Blum’s user growth is climbing at a rate of millions per month.
4. Supporting developer ecosystem: Blum will launch SDK and API, open to third parties to build trading tools, bots, and games, potentially forming a thriving ecosystem.
5. Investment potential: Blum has received support from multiple well-known VCs (not yet public), and plans to go live on mainstream trading platforms. The future market value growth potential is worth looking forward to.

Summary

Blum is a cryptocurrency trading platform designed for “ordinary people”, with Telegram as its entry point, combining the advantages of centralization and decentralization, aiming to drive millions of users into the world of cryptocurrency.
If you are looking for a Web3 project that is suitable for beginners, you might as well start paying attention to the launch of Blum and participate in community activities from now on.

Blum’s token $BLUM is expected to officially launch in the spring of 2025. Don’t miss out on this promising project. Join the Telegram community now and seize the opportunity of the next wave of crypto boom!