"We are committed to making the token a transparent tool and rewarding our early users for their contributions to product development, promotion, and testing," said Vlad Smerkis, co-founder of Blum. "Our goal is to ensure the token has real utility within the app and is not merely a speculative asset."
Within the Blum ecosystem, the token will enable:
- Reduced trading fees
- Participation in Launchpad & Launchpool distributions
AI Expansion & Beyond Telegram
Blum has announced the integration of AI-powered trading tools, along with the expansion of its ecosystem through:
- Web-Based Token Launcher (Multichain Memepad)
- Blum Mobile App
- Expanded DEX Integrations & Perpetual Trading
These innovations will simplify token creation and promotion across X (formerly Twitter) and Telegram, with future enhancements in trading automation.
Multi-Chain Expansion: Solana, $BNB & More
Blum's highly successful trading bot, the largest on the TON blockchain by activity, has now integrated support for Solana, allowing users to deposit and trade Solana-based tokens. Additionally, Blum's Memepad will soon be available on the Solana blockchain.
Blum's CEO, Gleb Kostarev, emphasized the company’s vision for multi-chain expansion: "We are committed to building an on-chain, multi-platform trading app by integrating new blockchains. We started with TON, expanded to Solana, and our next target is $BNB."
Expansion plans include:
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$SOL Memepad in Blum TMA
- Semi-Custody Wallet Integration for TON & $SOL
- EVM Chains for Token Launch & Trading ($BNB & More)
- MPC Wallet & Account Abstraction
- Chain Abstraction
Additional Enhancements
Blum is evolving into a full-fledged crypto exchange with new functionalities set to roll out in Q2 and Q3:
- Semi-Custody Wallets
- Advanced Trading Terminal
- Fiat On/Off-Ramp Integration
- Advanced Trading Terminal in TMA
Having transitioned from a "tap to earn" to a "trade to earn" model in Q1, the company now focuses on refining existing products and developing new features.
Blum’s Key Achievements & Milestones
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Largest Audience in Crypto Trading Apps: With over 90 million users, Blum is on track to becoming the world’s largest DEX.
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Highest On-Chain Activity: During the 6th season of The Open League, Blum recorded 2.2 million unique active wallets.
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Second-Largest Telegram Community: Blum’s Telegram channel has over 29 million members.
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Successful Memecoin Launchpad: Its memecoin platform became the second-largest memepad in daily transactions within its first week.
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Innovative Rewards System: Introduction of Meme Points and Blum Points to reward active traders.
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Solana Integration: Blum’s trading bot now operates on Solana, expanding investment opportunities.
Blum continues to redefine decentralized trading with cutting-edge technologies and ecosystem expansion. With its upcoming TGE, AI-powered functionalities, and multi-chain expansion, the platform is poised to transform the future of on-chain trading.