Blum, a Telegram-based trading application with over 90 million users, has announced the eligibility criteria for participating in its Token Generation Event (TGE) scheduled for spring 2025.
Participation Criteria for TGE
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.
Vlad Smerkis, Blum's co-founder, explained, *"We are dedicated to making the token transparent and rewarding our early adopters for their contributions to product development, promotion, and testing. Beyond that, we want the token to be used for its practical benefits within the on-chain trading app, not just for speculation."*
Token Functionality within Blum
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,"* Smerkis noted.
2025 Development Plans
Blum's Q2-Q3 2025 roadmap places significant emphasis on the development of AI-powered trading tools. The company plans to deploy sophisticated trading agents that use artificial intelligence to assist users in multiple aspects of cryptocurrency trading. Key development areas include:
* Token Creation Automation. * Cross-Platform Promotion. * Market Analysis Capabilities. * Automated Trading Systems. * Intelligent Portfolio Management.
According to the company documentation, these AI tools represent a significant technical advancement from simple trading bots.
Blum has established specific criteria for its upcoming Token Generation Event while mapping out technical developments for 2025.
