Blum, a Telegram-based trading application with over 90 million users, has announced the criteria for participating in its Token Generation Event (TGE) scheduled for spring 2025.
TGE Eligibility Requirements
To qualify for the token airdrop, 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.
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.
"For us, launching a token isn’t just another milestone — it’s a crucial economic tool that must be backed by real utility. We've already built a strong foundation and remain committed to expanding its use cases further," noted Vlad Smerkis, co-founder of Blum.
2025 Development Plans
The 2025 roadmap emphasizes the development of AI-powered trading tools.
The company plans to deploy various AI agents to assist users in cryptocurrency trading, including:
* Token Creation Automation. * Cross-Platform Promotion. * Market Analysis capabilities. * Automated Trading Systems. * Intelligent Portfolio Management.
Blum will also expand its services beyond Telegram with a web-based application and a standalone mobile app.
Blum has laid out its criteria for the upcoming Token Generation Event while mapping technical developments for 2025. With over 90 million users, Blum continues to build infrastructure supporting decentralized trading.