Blum, a Telegram-based trading application with over 90 million users, has announced the requirements for participating in its Token Generation Event scheduled for spring 2025.
TGE Participation Requirements
To qualify for token allocation, users must meet three main requirements:
* 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.
Vlad Smerkis, co-founder of Blum, stated, "We are dedicated to making the token transparent and rewarding our early adopters for their contributions to product development and testing."
Token Utility Within 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.
"Launching a token isn't just another milestone—it's a crucial economic tool that must be backed by real utility," Smerkis added.
2025 Development Plans
Blum's roadmap for Q2-Q3 2025 emphasizes the development of AI-powered trading tools:
* Token creation automation. * Cross-platform token promotion. * Market analysis capabilities. * Automated trading systems. * Intelligent portfolio management.
The company also plans to expand its services beyond the current Telegram mini app format.
Blum has outlined specific criteria for its upcoming Token Generation Event and detailed its technical development plans for 2025. The company focuses on expanding blockchain integrations and developing AI-driven trading tools.
