A detailed explanation of Binance’s investment in Telegram trading app Blum and potential airdrop opportunities

avatar
ChainCatcher
2 days ago
This article is machine translated
Show original

Author: Web3 Observation, Bijie.com

As one of the selected projects in the seventh season of BNB Chain ’s famous MVB (Most Valuable Builder) program, Blum (a trading applet on Telegram ) completed a new round of financing on September 11 , with Binance Labs participating in the investment (the specific amount and valuation information have not been disclosed yet).

Blum was founded by former Binance executives and received investment support from Binance Labs , making it a potential airdrop project worth trying on Telegram . The app is easy to use and you can collect points by clicking on it every day.

According to the introduction, Blum is defined as a hybrid exchange that provides universal token access through gamification in Telegram applets. Blum can access CEX and DEX tokens on one platform. It can provide a unique cryptocurrency trading and mining experience and support a variety of tokens without switching chains or dealing with gas fees for local tokens.

In short, Blum allows users to easily achieve one-stop transactions through Telegram , whether it is meme tokens or emerging early tokens, they can quickly buy and sell them. Especially for those tokens that have not yet been listed on CEX , Blum has greatly reduced the threshold for novice users to enter the cryptocurrency market by simplifying the DEX trading process.

The project supports more than 30 blockchain networks, including mainstream Ethereum, Tron , Solana , and TON . In addition, Blum also provides a variety of additional features such as AI navigation, P2P trading, derivatives trading, etc. This wide range of blockchain support not only enhances Blum 's reputation in the crypto field, but also attracts more investors and traders.

Founded by former Binance executives and selected for the BNB Chain MVB program

BNB Chain 's MVB (Most Valuable Builder) program aims to discover and support blockchain projects with high growth potential. It is reported that the program received more than 700 applications in the latest season, and only the top 2% of applications were successful. Blum was selected for the program, highlighting his advantages in innovation and development potential.

In March this year, Gleb Kostarev and Vladimir Smerkis announced the establishment of Blum Exchange. Kostarev is the former vice president of Binance and served as the head of Binance Eastern Europe, CIS , Turkey, Australia and New Zealand, while Smerkis served as the general manager of the CIS region.

Blum takes full advantage of Telegram 's huge user base. As of September 2024 , Telegram has more than one billion users worldwide and the advantages of a built-in TON wallet. This strategy helps Blum quickly reach a wide range of user groups, especially in regions where cryptocurrency adoption is increasing.

Designed specifically for Generation Z and Millennials, Blum focuses on simplicity and intuitive user experience, catering to the younger generation's needs for fast and efficient transactions.

In addition, Blum has also launched an innovative crypto mining program led by a team of former Binance Labs executives to further enhance its competitiveness and attractiveness in the field of crypto trading and mining.

Blum launches multiple features

Hybrid exchange model: Blum supports access to tokens from both centralized ( CEX ) and decentralized exchanges ( DEX ), providing a wide range of trading options. Users can also participate in simplified derivatives trading such as futures and options.

Blum Crypto Bot: This bot allows users to earn Blum points by completing simple tasks and participating in platform activities. These points can later be redeemed for various rewards within the Blum ecosystem, promoting engagement and familiarity with crypto mechanisms.

Blum Points Farm: Users can click the farm button in the mini-app to start accumulating points. After eight hours, the accumulated points can be claimed and a new farm session can be started.

Blum Drop Game : Blum ’s Drop Game adds interactive fun, where users earn points by catching dropped items. Game passes can be earned through daily logins and participation in activities, incentivizing daily participation.

Blum Interactive Points Earning Guide

Go to the Blum official website and click “ Launch Blum on Telegram ” on the homepage to enter the project mini program.


It’s easy to participate in Blum interactions, and users can earn points in a variety of ways:

Daily Sign-in: After logging in every day, the system will automatically record the number of days you have logged in and start accumulating points automatically, with the status displayed as "Farming" .

Earn points by playing games: After entering the Blum applet on Telegram , go to the "Drop Game Zone " to participate in the interaction and earn points by simply clicking on the game. Make sure to sign in every 8 hours to maximize daily income.

Social tasks: You can also earn extra points by completing some social tasks, such as following Blum 's social media accounts or participating in community activities.

Invite friends: By sharing the referral link to invite friends to join, users can receive a 10% points bonus and an additional 2.5% referral points, significantly increasing the total points.

The interactive method within the Blum mini program is not only simple and interesting, but also effectively attracts user participation, helping the platform to attract new users and promote activation. Points will be converted into tokens during the TGE (Token Generation Event) and distributed to active users.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments