Blum is a promising Telegram project with the potential to become a decentralized crypto exchange. At the time of review, there is a mini-app in Telegram where you can earn Blum Points. The exchange is planned for release at the end of 2024. According to Telegram data, as of October 2024 the project has 57 million users.
Blum Points are the internal currency that can later be exchanged for rewards. The developers hint at the future launch of a cryptocurrency under the name “Blum,” though they have not confirmed this directly.
Blum Today
As of October 2024, users can access the Blum mini-app in Telegram. Users are offered the chance to mine tokens in a semi-automatic process—simply log in every 8 hours and press “Start Farming.”
The Drop Game on the main page lets you mine extra coins by clicking falling green snowflakes. Each hit awards one token; sometimes ice blocks (which boost your score) or bombs (which reset your score) fall. Each round lasts 30 seconds, and you need tickets to participate. Tickets are given for completing tasks and inviting friends.
Blum also offers tasks with rewards ranging from 90 to 540 coins, which may change over time. These tasks are usually simple, such as subscribing to social media or reading project news.
Users can invite friends to earn bonuses. In the Wallet tab, you can link a crypto wallet like the official Telegram Wallet or Tonkeeper.
Communities in Blum are called Tribes. You can create your own tribe or join an existing one, earning an additional 10% bonus on coins through tribe participation. Group activities are also held periodically.
Crypto Exchange
Blum is intended to become a decentralized exchange with its own Android and iOS apps as well as a Telegram mini-app. Developers promise trading and exchanging popular cryptocurrencies without restrictions. User funds will not be held on the exchange, ensuring security. Coins can be stored in the official Telegram Wallet, Trust Wallet, Metamask, and others.
When is Blum Listed and Launched
According to the project roadmap, a comprehensive product is expected by the end of 2024. No exact date is provided, but hints of surprises and additional features abound. One hint is the future listing of an internal cryptocurrency under the same name, along with token distributions to active community members. The official website states,
“Blum Points are not just a measure of your engagement; later, they can be exchanged for various rewards. Perhaps in the future you will receive something even more interesting? Stay tuned for updates!”
Developers are not promising a coin listing, similar to the Notcoin clicker project, which started as entertainment and later introduced its own coin, giving active players real income. Notcoin’s developers also did not promise a crypto listing, although the community expected it.
Price of Blum
It is impossible to determine the value of Blum in rubles or dollars since it is unclear whether a coin will ever appear. Do not trust sources that claim exact values for the potential cryptocurrency. The best approach is to follow official updates via social networks and the Telegram mini-app. If a coin drop occurs, the developers will announce it.
Features
- Integration of a crypto exchange is planned for the end of 2024
- Hints at a listing of the Blum coin exist, but no promise has been made
- Users can earn Blum Points before the exchange launches
- In August 2024, developers moved closer to implementing Memepad, enabling users to create their own tokens
- As of October 2024, the project boasts 57 million Telegram users
