Telegram’s Blum Could Be the Biggest Airdrop of 2024

Blum is a hybrid cryptocurrency exchange founded by former Binance executives Gleb Kostarev and Vladimir Smerkis. Combining centralized and decentralized exchange features, Blum aims to revolutionize crypto trading by allowing users to trade directly from their external wallets without transferring assets. Backed by Binance Labs, Blum has quickly gained momentum, with over 50 million users. 

Leveraging Telegram’s vast ecosystem and the momentum caused by the launch of NOT and DOGS, Blum has attracted millions of users and is poised for rapid growth. In recent weeks, airdrops in the Telegram ecosystem have seen massive success. Blum’s upcoming airdrop is no exception, targeting Telegram’s extensive user base with gamified elements to engage participants.

Airdrop Details:

    • Date: September 20, 2024
    • Token: BLUM
    • Initial Price: $0.1667 per token
    • Participation: Users can earn tokens by completing tasks, inviting friends, and engaging with the Blum Telegram bot.
    • Rewards: A $2,500 weekly giveaway for active participants.
    • Listing Platforms: The BLUM token will be listed on Binance and other major exchanges by the end of September or early October
    • DOGS airdrop to BLUM users: The DOGS airdrop is part of Blum’s initiative to engage Telegram users by distributing DOGS tokens through its platform. This event rewards active Telegram participants who complete tasks and interact with Blum’s Telegram bot. Users can also invite friends to boost their rewards. The airdrop campaign is one of the largest in the space, with 550 billion tokens being distributed, 81.5% of which are allocated to the community. Notably, DOGS tokens will soon be listed on exchanges, including Binance, providing liquidity and trading opportunities.

Hybrid Trading and Innovative Features

  • Hybrid Exchange: Blum combines the liquidity of centralized exchanges with the flexibility of decentralized exchanges which results in seamless trading across various blockchains.
  • Telegram Integration: Blum operates via a Telegram mini-app, where users earn “Blum Points” by completing tasks or inviting friends. These points can later be converted into BLUM tokens. Telegram provides a low barrier to entry for new users. 
  • Meme-Based Engagement: Blum introduces a “meme pad,” supporting the trading of meme-based cryptocurrencies.
  • Direct Wallet Trading: Users can trade directly from non-custodial wallets, enhancing security and convenience through off-chain order books and on-chain settlements​

Blum’s hybrid exchange model, backed by Binance Labs and led by experienced professionals, positions it as a standout project in the Telegram-based crypto ecosystem. A strong use case combined with unprecedented community engagement means Blum has the potential to outshine many other recent launches.

Also Read: Ripple CEO Announces XRP Stablecoin Will Arrive in Weeks

Source: https://www.cryptonewsz.com/telegram-blum-could-be-biggest-airdrop-of-2024/