BLUM-Key Dates, Token Utility, Controversies & What’s Next for Blum
The Telegram-based crypto trading sensation Blum is set to distribute its long-awaited $BLUM tokens in June 2025, marking one of the year’s most anticipated airdrops. With over 90 million users onboarded since its 2023 launch, Blum’s hybrid exchange model blends decentralized and centralized features, promising a revolutionary trading experience. Here’s everything you need to know about the airdrop, token utility, and what comes next.
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⏰ Key Airdrop Dates & Eligibility Criteria
The snapshot determining airdrop eligibility was captured on June 7, 2025, at 00:00 UTC. Users must meet these non-negotiable conditions to qualify:
Blum Points (BP): Minimum 100,000 earned through daily tasks (e.g., "Drop Game," social missions).
Meme Points (MP): 750+ from trading, launching tokens, or completing Proof of Activity (PoA).
Referrals: At least two successfully invited users.
Anti-Sybil Checks: Automated filters to exclude bots and fake accounts.
Tip: Users can confirm their eligibility and airdrop status directly via the Blum bot on Telegram by linking their TON-compatible wallets.
🚀 Token Generation Event (TGE) & Listing Details
TGE Date: Expected between June 24–28, 2025.
Initial Listings: On-chain only—DEXs like STON.fi and DeDust. CEXs (e.g., Binance) are slated for Q3 to encourage “organic liquidity growth.”
Distribution: Tokens will be auto-delivered to users’ linked TON wallets, such as Bitget Wallet or TON Wallet.
Blum confirmed that there will be no claim portal-distribution is automatic based on snapshot data.
💡 $BLUM Token Utility: Beyond the Hype
Co-founder Vlad Smerkis emphasized real-world utility over speculation. Core features include:
Staking/Farming: Passive yields via lockups and liquidity farming.
Trading Fee Discounts: Lower gas and swap fees for token holders.
Exclusive Launch Access: Guaranteed slots in new token sales via Launchpad and Launchpool.
Governance Power: Community voting on protocol updates and DAO features.
Coming Soon: A “Blum DAO” will be formed to guide future roadmap decisions, enabling user-led development.
⚠️ Controversies & Challenges
Blum’s journey hasn’t been without bumps:
1. Leadership Crisis: Co-founder Vladimir Smerkis’s May 2025 arrest triggered mass FUD (Fear, Uncertainty, Doubt).
2. Volume Collapse: Daily trading volume fell from $700K in February to under $6K in June 2025.
3. Community Anger: Many early supporters felt blindsided by updated eligibility rules, fueling criticism across Twitter and Telegram.
🔮 Roadmap & Future Developments (Q2–Q3 2025)
Blum plans to evolve beyond Telegram-native trading with these bold moves:
AI Bots & Tools: Smart trading bots, copy trading, and referral-boosting agents.
Multi-Chain Access: Full BNB Chain, Ethereum, and Polygon integration.
Mobile & Web Apps: iOS/Android/Web apps launching Q3.
Advanced Tools: Perpetual contracts, fiat on/off-ramps, and customizable semi-custody wallets for institutions.
Notable: Blum plans to issue developer SDKs and open-source parts of its infrastructure by Q4 2025.
📈 Price Predictions & Market Outlook
Pre-Market Range: $0.0015–$0.0020
Short-Term (Post-TGE): Analysts expect a possible spike to $0.0025–$0.0030, depending on market sentiment.
Long-Term: CEX listings could push the price toward $0.05–$0.50, with speculative targets as high as $10+ in a bullish cycle.
🎮 Conversion Rate
The standard rate is approximately 3.33 Blum Points = 1 BLUM token .
Some sources mention a 3.5 BP → 1 BLUM rate during certain periods .
Note: Promotional rates may vary, but around 3.3–3.5 points per token is the norm.
💎 Expert Insights: Risks vs. Opportunities
Opportunities:
A massive 90M+ user base and virality engine via Telegram.
Unique hybrid CEX/DEX model and gamified UX.
AI-driven tools and staking options add depth to utility.
Risks:
Reputational damage post-Smerkis.
Lack of tokenomics transparency (no vesting/circulating supply data yet).
Increasing DEX competition from Uniswap, PancakeSwap, and others.
✨ Conclusion: The Blum Inflection Point
The upcoming $BLUM airdrop isn’t just a giveaway it’s Blum’s defining moment. While leadership scandals and trading slumps have tested its credibility, its blend of innovation, massive community reach, and real-world utility suggest it’s too early to count Blum out. As co-founder Gleb Kostarev puts it:
"Focus on utility, not pre-market noise."
Stay up-to-date via Blum’s official Telegram and prepare for the Token Generation Event-it could be the start of a major comeback.
Disclaimer: This article is for informational purposes only. Always conduct independent research before making financial decisions.
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