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Blum Announces Token Generation Event Criteria

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by Giorgi Kostiuk

6 days ago


Blum, a Telegram-based trading application with over 90 million users, has announced specific criteria for participating in its Token Generation Event (TGE) scheduled for spring 2025.

TGE Participation Requirements

Users must meet three main requirements to qualify for the token airdrop:

* Accumulate 100,000 Blum Points (BP) and pass Sybil detection checks. * Earn 750 Meme Points (MP) or demonstrate Proof of Activity (PoA). * Complete at least 2 referrals.

Token Utility in the Blum Ecosystem

The Blum token will serve specific functions in the platform's ecosystem:

* Reduce trading fees for token holders. * Enable participation in Launchpad and Launchpool distributions.

Vlad Smerkis, Blum's co-founder, explained: "For us, launching a token isn't just another milestone—it's a crucial economic tool that must be backed by real utility."

2025 Development Plans

Blum's Q2-Q3 2025 roadmap places significant emphasis on the development of AI-powered trading tools and expanding platform functionality:

* Token creation automation and market analysis through AI. * Extending services beyond Telegram with a dedicated web application. * Developing a stand-alone Blum mobile app.

Gleb Kostarev, Blum's CEO, stated: "We're committed to building a seamless, multi-platform on-chain trading app."

Blum has established clear criteria for participation in its upcoming Token Generation Event while outlining its platform development plans for 2025 focused on innovation and user expansion.

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