What Is Blum Crypto, a Trending Hybrid Exchange in Telegram?

What Is Blum Crypto, a Trending Hybrid Exchange in Telegram?

What Is Blum Crypto, a Trending Hybrid Exchange in Telegram?

Blum is a hybrid exchange available as a Telegram mini-app, combining features from both centralized and decentralized exchanges. Prepare for the Blum airdrop by earning Blum Points by engaging with the app, completing tasks, and inviting friends.

An Introduction to Blum

Blum is a hybrid crypto exchange designed for young and adventurous users looking to explore the web3 world, combining features from both centralized and decentralized exchanges. Its unique approach integrates these functionalities into a user-friendly Telegram mini-app, making crypto trading accessible and engaging. This platform simplifies derivatives trading and offers access to tokens across over 30 chains. Available soon on mobile, the Blum experience begins now with its Telegram mini-app.

 

As a Blum user, you can trade, connect, grow, and farm Blum Points through various interactive tasks. Engage with the community, complete missions, and invite friends to maximize your rewards. Blum Points are crucial within the ecosystem, potentially tradable for valuable boosts and other in-app benefits in the future.

 

Core Features of Blum Crypto Bot

  • Hybrid Exchange Model: Access tokens from both centralized and decentralized exchanges, providing a comprehensive range of trading options. Engage in simplified derivatives trading, including futures and options.

  • Blum Points Farming: Start earning Blum Points by clicking the farm button within the mini-app. Check-in every eight hours to claim your points and accumulate them steadily.

  • Community Engagement: Blum emphasizes transparency and community involvement, ensuring an open and engaging environment for all users. The platform organizes live Q&A sessions, user tutorials, and blog posts to keep users informed. Regular introduction of new tasks and challenges keeps the community active. Blum also incentivizes participation with task rewards and a referral program, ensuring users stay involved and connected to the ecosystem.

  • Security and Accessibility: Blum uses multi-party computation (MPC) wallets or allows connections to existing wallets like Trust Wallet and MetaMask, enhancing security and user control. The platform supports over 30 blockchain networks, ensuring broad access to various cryptocurrencies.

Blum’s innovative blend of centralized and decentralized trading features, combined with its engaging Telegram mini-app, makes it a promising platform for both new and experienced crypto traders. Blum is set to expand its functionality with mobile and web versions expected by the end of 2024. The platform will introduce new features such as the ‘Memepad’ for promoting other projects and ‘Quests’ offering additional rewards. This strategic growth aims to broaden Blum’s reach and enhance user engagement, positioning it as a key player in the crypto ecosystem.

 

How to Farm Blum Points

Earn Blum points by farming, completing tasks, and inviting friends. Points may be redeemable for boosts and other rewards in the future. Blum Points can be used within the app for various rewards. Currently, points are used within the Blum ecosystem. Future updates may allow trading or converting points into other rewards.

 

By following these steps and staying engaged, you can efficiently farm Blum Points and prepare for future rewards within the Blum ecosystem:

 

  1. Invitation and Registration: Check your email for an invitation link if you signed up on the waitlist. Use this personal link to access the Blum bot on Telegram. Complete the registration process by following the on-screen instructions.

  2. Start Farming Blum Points: Click the "farm" button within the mini-app to begin earning Blum Points. Each click accumulates points, which you can claim every eight hours. Regular check-ins ensure you don't miss out on potential points.

  3. Stay Active: Regularly interact with the bot and complete all available tasks. The more active you are, the more points you will earn.

  4. Engage on Social Media: Follow Blum’s updates to stay informed about new ways to earn points and participate in promotions.

How to Participate in the Blum Airdrop

Blum’s developers have confirmed an airdrop campaign starting in June 2024. Participating in the Blum Drop game is an engaging way to boost your points for the Blum airdrop. Here’s how you can get started and maximize your earnings so you can be eligible for claiming $BLUM airdrops when the token launches:

 

  1. Access the Blum Crypto Bot: Open the Telegram app and search for the Blum Crypto Bot. Use the provided link or search directly to find the bot and start it.

  2. Join the Drop Game: Once you have the Blum bot open, navigate to the Drop game section. This is where you will engage in the game to earn more points.

  3. Play the Game: The Drop clicker game involves tapping or clicking actions within the mini-app. The objective is to collect as many points as possible by interacting with the game elements. Consistently check in and play the game multiple times a day. You can earn points every eight hours, so make sure to participate regularly to maximize your points.

  4. Complete Social Tasks and Referrals: Increase your points by completing various social tasks. These tasks might include following Blum on social media, sharing content, or participating in community activities.

  5. Invite Friends and Earn Referrals: Use referral links to invite friends to join Blum. You earn 10% of the points your friends accumulate and an additional 2.5% from their referrals. This boosts your total points significantly.

By following these steps and staying actively engaged with the Blum crypto bot, you can effectively participate in the Drop game and maximize your earnings for the Blum airdrop. Stay proactive and make the most out of your time on the Blum Telegram mini-app.

 

How to Earn More Daily Rewards in Blum

Daily rewards in Blum are designed to incentivize consistent participation. Every day you log in, you receive a set amount of Blum Points (BPs) and Game Passes. The rewards increase progressively over the first week. 

 

Game Passes are used to play the Drop Game within the Blum mini-app. Each game attempt requires one Game Pass, allowing you to engage in a 30-second game where you catch falling items. These items are then converted into Blum Points and added to your account. You receive five game attempts daily, which refresh every 24 hours​. By consistently logging in and using your Game Passes, you can significantly boost your Blum Points, making the most out of the gamified elements of Blum. These features not only keep the community engaged but also offer tangible rewards for active participation.

 

Here's how you can earn more Blum Points (BPs) and Game Passes daily:

 

  1. Log in Daily: Make it a habit to log in to Blum every day. Each consecutive day you log in, the rewards increase, making it easier to accumulate points and Game Passes.

  2. Understand the Reward Structure:

    • Day 1: 10 BPs + 1 Game Pass

    • Day 2: 20 BPs + 2 Game Passes

    • Day 3: 30 BPs + 3 Game Passes

    • Day 4: 40 BPs + 4 Game Passes

    • Day 5: 50 BPs + 5 Game Passes

    • Day 6: 60 BPs + 6 Game Passes

    • Day 7: 70 BPs + 7 Game Passes

    • From Day 7 onwards, you will continue to receive 70 BPs and 7 Game Passes each day you log in.

  3. Play the Drop Game: Use your Game Passes to play the Drop Game. Each game attempt costs one Game Pass. The game involves catching as many falling items as you can within a limited time. Each item you catch turns into Blum Points, boosting your balance quickly.

  4. Maintain Your Streak: Consistency is key. Keep your login streak to ensure you maximize the rewards. Setting a daily reminder can help you remember to log in and maintain your streak.

  5. Redeem Your Points and Passes: Use the accumulated Blum Points and Game Passes to enhance your gameplay and earn even more rewards. The longer you maintain your streak, the more you can benefit from the rewards system.

Blum vs. Hamster Kombat vs. Notcoin: A Comparison 

Blum follows the success of other viral Telegram games, including Notcoin and Hamster Kombat. Here’s a comparison of each of these viral Telegram mini-apps: 

 

Feature

Blum

Hamster Kombat

Notcoin

Type

Hybrid exchange and game

Play-to-earn clicker game

Tap-to-earn game

Platform

Telegram mini-app

Telegram mini-app

Telegram mini-app

Main Activity

Farming points, completing tasks, trading

Upgrading hamsters, completing tasks

Tapping virtual coin, completing missions

Rewards

Blum Points (redeemable for rewards)

HMSTR tokens (in-game use and trading)

Notcoin tokens (real crypto rewards)

User Base

Growing community

Over 60 million users

Tens of millions of users

Engagement Features

Daily tasks, Drop game, referrals

Daily tasks, battles, upgrades

Daily missions, frequent challenges

Community Focus

High emphasis on transparency and updates

Frequent giveaways, active engagement

High engagement through simple mechanics

Trading Features

Integrated CEX and DEX trading

Not applicable

Not applicable

Token Dynamics

Points may be traded in future

Tokens listed on exchanges upon launch

Tokens actively traded with high volume

Unique Selling Point

Combines trading and gaming

Empire-building within a clicker game

Simplicity and potential for real rewards

 

Blum is a hybrid exchange and game platform that integrates both centralized and decentralized trading features within a Telegram mini-app. Users earn Blum Points by completing tasks, playing the Drop game, and inviting friends, which can be redeemed for in-app rewards. The focus on transparency and community engagement ensures regular updates and activities to maintain user interest. 

 

Hamster Kombat is a popular play-to-earn clicker game where players act as the CEO of a virtual crypto exchange, growing their empire by upgrading hamsters, completing daily tasks, and participating in battles. With over 100 million users, Hamster Kombat rewards players with HMSTR tokens that can be used in-game or traded upon listing on exchanges. 

 

Notcoin game is a viral tap-to-earn game known for its simplicity and potential for real cryptocurrency rewards. Players tap a virtual coin to accumulate Notcoin tokens, engaging in frequent missions and challenges. With tens of millions of users and a $1 billion market cap, Notcoin has seen substantial trading activity and price increases due to its widespread popularity and engaging gameplay mechanics. 

 

Future Outlook for Blum

Blum is rapidly growing, with plans to expand its functionality and introduce new features by the end of 2024. Upcoming developments include a mobile and web version, enhanced mini-app capabilities, and the launch of 'Memepad' for promoting new projects. The app aims to integrate these projects seamlessly, offering tasks and games that distribute their tokens to the Blum community.

 

Blum Roadmap: An Overview 

Blum has an ambitious roadmap designed to enhance user experience and expand its platform capabilities significantly throughout 2024. Here’s what you can expect:

 

  1. Q2 2024: Expansion of Services: Blum will introduce several new features, including the Drop Game, a public launch, balance tracking, self-custody wallets, token swaps, leaderboards, and Memepad. These enhancements aim to provide a more engaging and comprehensive user experience on the platform. 

  2. Q3 2024: Advanced Functionalities: The focus will shift to advanced security and financial instruments. Blum plans to launch MPC (multi-party computation) wallets, perpetual contracts (Perps), and make the platform available on both the App Store and Google Play. These additions will improve security and broaden accessibility, allowing users to trade and manage their assets more efficiently on mobile devices. 

  3. Q4 2024: Broadening Accessibility: Blum will launch a fully functional web platform to reach a wider audience. This move is designed to cater to users who prefer desktop trading and want a comprehensive view of their portfolios. The web platform will complement the mobile and Telegram mini-apps, providing a seamless trading experience across devices. 

Blum's inclusion in the Binance MVB (Most Valuable Builder) program has already strengthened its infrastructure and security. This partnership with Binance Labs highlights Blum’s commitment to providing a robust and secure trading environment. As Blum continues to grow, it will likely form additional partnerships with major exchanges and platforms to enhance its ecosystem further. 

 

Conclusion

Blum distinguishes itself in the competitive crypto market with its hybrid exchange model and interactive Telegram mini-app. By actively farming Blum Points and engaging with the community, you can position yourself for potential future rewards as the platform continues to develop. Stay proactive, invite friends, and maximize your engagement with Blum to unlock its full potential. 

 

However, always be mindful of the risks involved in cryptocurrency investments and participation in emerging platforms. Ensure you stay informed and cautious to make the most of your crypto journey responsibly.

 

Further Reading