News
by Crypto Rich
April 3, 2025
Blum Trading App reveals eligibility criteria for its spring Token Generation Event and outlines Q2-Q3 2025 roadmap...
Blum, a Telegram-based trading application with over 90 million users, has announced specific criteria for participating in its Token Generation Event (TGE) scheduled for spring 2025.
Users must meet three main requirements to qualify for the token airdrop:
Vlad Smerkis, Blum's co-founder, explained the company's approach: "We are dedicated to making the token transparent and rewarding our early adopters for their contributions to product development, promotion, and testing. Beyond that, we want the token to be used for its practical benefits within the on-chain trading app, not just for speculation."
The Blum token will serve specific functions in the platform's ecosystem:
"For us, launching a token isn't just another milestone—it's a crucial economic tool that must be backed by real utility. We've already built a strong foundation and remain committed to expanding its use cases further," Smerkis noted.
Blum's Q2-Q3 2025 roadmap places significant emphasis on the development of AI-powered trading tools. The company plans to deploy sophisticated trading agents that use artificial intelligence to assist users in multiple aspects of cryptocurrency trading.
These AI agents will automate and optimize several key processes:
According to the company documentation, these AI tools represent a significant technical advancement from simple trading bots, utilizing machine learning algorithms to adapt to changing market conditions.
The company will extend its services beyond its current Telegram mini app format with:
After successfully launching its trading app on the Solana blockchain in early 2025, Blum outlined further blockchain expansion plans:
Gleb Kostarev, Blum's CEO, detailed the company's multi-chain strategy: "We're committed to building a seamless, multi-platform on-chain trading app by integrating new blockchains. Solana was our second blockchain integration, starting with our trading bot and soon expanding to our terminal and Memepad. Next, we're adding BNB."
Blum's transition toward becoming a full crypto exchange includes several core improvements scheduled for Q2-Q3:
The company highlighted several metrics demonstrating its current market position. Blum has built a user base of over 90 million people and recorded 2.2 million unique wallets active during the 6th season of The Open League. It has established the second-largest Telegram community globally with 29+ million members. Additionally, Blum successfully launched a memecoin platform that became the second-largest memepad by daily transactions within its first week of operation.
Blum also noted a strategic shift in Q1 from "tap to earn" to "trade to earn" mechanics to increase user engagement. The Q2-Q3 roadmap focuses on improving both existing and new products while maintaining access to decentralized finance opportunities.
Blum is making significant investments in its technical infrastructure throughout 2025. The trading app is developing several sophisticated systems to enhance security, user experience, and trading capabilities.
All these technical developments aim to create a comprehensive trading ecosystem that combines the security and ownership benefits of decentralized finance with the user experience traditionally associated with centralized platforms.
Blum has established specific criteria for its upcoming Token Generation Event while mapping out technical developments for Q2-Q3 2025. The company's focus remains on expanding blockchain integrations, developing AI-powered trading tools, and enhancing its platform capabilities beyond its Telegram origins. With over 90 million users, Blum continues to build infrastructure supporting decentralized trading across multiple blockchains. If you want to learn more about Blum, you can visit their website or follow them on X.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Author
Crypto Rich
Rich is a devoted husband and father from The Netherlands with a passion for cryptocurrency (since 2017) and technology. He enjoys exploring the digital world as much as he does the simple pleasure of long walks through the Dutch landscapes.
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