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Requirements for Participation in Blum's Token Generation Event

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by Giorgi Kostiuk

19 hours ago


Blum, a trading application based on Telegram with over 90 million users, has announced criteria for participation in its Token Generation Event (TGE) scheduled for Spring 2025.

Eligibility Requirements for TGE

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.

Co-founder Vlad Smerkis explained the company's approach: "We are dedicated to making the token transparent and rewarding our early adopters for their contributions to product development, promotion, 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.

"For us, launching a token isn't just another milestone—it's a crucial economic tool that must be backed by real utility," Smerkis noted.

Development Plans for 2025

Blum's roadmap for Q2-Q3 2025 places significant emphasis on the development of AI-powered trading tools. The company plans to deploy sophisticated trading agents that will assist users in multiple aspects of cryptocurrency trading. These AI agents will automate and optimize several key processes:

* Token Creation Automation. * Cross-Platform Promotion. * Market Analysis Capabilities. * Automated Trading Systems. * Intelligent Portfolio Management.

Furthermore, the company will extend its services beyond its current Telegram mini app format.

Blum has established specific criteria for its upcoming Token Generation Event while mapping out technical developments for 2025. The company remains focused on expanding blockchain integrations, developing AI-powered trading tools, and enhancing its platform capabilities.

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