coincodex.com
Key highlights:
- The Blum team has not announced the official BLUM token launch date yet
- The team seems to be planning to launch the token eventually, at least based on their wording
- Beware of social posts and websites promoting the BLUM token airdrop
Blum is a decentralized cryptocurrency exchange that is built as a Telegram mini app, allowing users to trade meme coins and other digital currencies within the Telegram messenger itself. As of writing, the app has millions of users who are collecting Blum Points (BPs) by completing various tasks and simply using the exchange.
When the Telegram app first came out in April, the official blog post was worded in a way that led most readers to believe that BPs will be in some capacity related to the upcoming BLUM token. Here’s the relevant excerpt from the post:
“Points are gonna be the real deal inside the Blum ecosystem. You can also trade 'em for boosts and other cool stuff in the future. So, we haven't dropped the official info on the token yet, but you might've heard some whispers!”
Stay ahead in the crypto world! Join our Telegram channel for the latest news, updates, and insights on everything crypto. Don’t miss out on market trends and opportunities!
Join Telegram Community
When will the Blum token launch?
There’s still no official word about the Blum token launch date. While some online sources are saying that the token might launch as soon as in September or October, it seems that most of these sources are just plainly making things up. That doesn’t mean that the token won’t launch in the coming months; it just means that the Blum team has provided no information about the exact date so far.
In fact, the only mention of the BLUM token on the official X (Twitter) account is related to the team warning the community against potential scams involving fake tokens and NFTs.
IMPORTANT
— Blum (@blumcrypto) August 25, 2024
Your #TON transaction might take a bit to confirm—it's all about that network performance. No stress, just be patient and don’t send multiple transactions. Also, watch out for fake NFTs and "freebies"—they’re traps. Just so you know, there’s no BLUM token, NFT, or…
It’s worth noting that the official X account behind Blum has clarified that Blum will announce the token officially when ready. “No, there's no Blum token nor NFT yet. We'll announce it officially, if anything,” they wrote in an X post from late May.
I know I’m nitpicking, but the use of the word yet in this context does pretty clearly reinforce the notion that Blum will eventually launch their own token.
In the meantime, you can check other Toncoin-based mini-apps that allow players to earn coins that will eventually be redeemable for real tokens: