Telegram Bot Blum — what is it and how to play it?
What is Blum and how to play it? Read our article to find out more
Buy and sell cryptocurrency and all this without leaving Telegram? This is exactly what the developers of Blum promise us — a hybrid cryptocurrency platform that combines the advantages of centralized and decentralized exchanges. While the project is still under development, but very soon we will expect new features of this mini-application in Telegram. Which ones, and how Blum is useful today, we will now analyze with you.
What is Blum?
Blum is a Telegram mini-app in which Blum Points farming, aka the $BP token, is available to users. All Blue Points will be converted into tokens by the end of the year. But this is not accurate, since we all know how tricky the cryptocurrency market can be. Nevertheless, the project is quite credible: it is backed by a strong team of former top managers of Binance, such as Vladimir Smerkis and Gleb Kostarev. Smerkis is engaged in Blum marketing, and Kostarev is responsible for the operational activities of the platform.
During this year, we will be expected to support trading from personal wallets and work with more than 30 blockchains, including the possibility of P2P trading and NFT storage/trading — an entire exchange, only in the form of a mini-app on Telegram. Convenient!
But how not to get lost among other similar projects and attract more attention to the listing? Right. Use current trends. The developers caught a wave of hype around the success of Notcoin and Hamster Kombat and decided: “Why not transfer the mining of the token to users and turn it into a gameplay?”The idea is great.
Since its launch at the end of April, the mini-app has attracted more than 10 million users and more than 7 million community members on Telegram. Let's figure out how to play Blum too!
How to play Blum?
In order to start playing Blum, you need (who would have thought) to launch the Telegram Bot.
In order to start farming Blum Points (in-game token $BP), you just need to press the "Start Farming” button once. This is the main way to earn Blum tokens, they are farmed automatically. All you need to do is not forget to collect tokens every 8 hours.
Tokens can also be earned in the "Tasks" contribution. Just complete the daily tasks according to the instructions.
It's sad to live without friends. And farming, it turns out, too, because without them you can't earn additional tokens (Hamster Kombat users, meanwhile, shed a tear). Go to the “Frens” tab and invite your friends to get bonus tokens (and at the same time invite them to your place, otherwise they will be offended and then there will be no one to invite).
That's almost all. The Drop Game remains. To open it, just tap “Play" on the home screen. The task of the game is to tap on the green flowers (or whatever it is). This way you can collect Blum Points.
Try not to tap on the blue icons — they freeze time for a short time.
The fact that it is not worth stomping on bombs seems obvious, but just in case, let's clarify. If you click on it, you will blow it up and lose 100 BP.
That's it! Easy peasy. It may even be a little boring, but do not forget that this is not the main functionality of Blum, but just a “bridge” to wait for the time when it will be possible to trade cryptocurrency inside Blum.
Tokenomics and Listing
So far, there is no specific date and information on which exchange the token will be traded on. There is no listing information in the project roadmap either. Nevertheless, the Blum team has Napoleonic plans for this year, so we take a look at the roadmap:
Q2 2024: Service Expansion
- New features: Drop Game, Public Launch, Balances, Self-storage Wallets, Swaps, Leaderboards, Memepad.
- Goal: To introduce new functionality, improve the usability and stability of the platform.
Q3 2024: Enhanced Functionality
- New features: MPC wallet, Perps, launch in the App Store and Google Play.
- Goal: Introduction of advanced security measures and financial instruments; expansion of accessibility through mobile applications.
Q4 2024: Expanding Accessibility
- Launching a web platform
- Goal: To reach a wider audience with a fully functional web platform.
The creators of the project
There is a fairly serious team behind the Blum project. The founders are former heads of Binance for the CIS and Asia: Vladimir Smerkis and Gleb Kostarev. Vladimir Maslyakov also participates in their team as a co-founder and technical director:
- Gleb Kostarev, Co-founder and CEO: Former Vice President of Binance with extensive experience in Asia, Eastern Europe, CIS and Turkey. Gleb is an experienced leader in operations, strategy, growth, product and regional development.
- Vladimir Smerkis, Co-founder and CEO: Has extensive corporate experience working for global brands such as Red Bull and Binance in Central Asia and the CIS. He is an expert in marketing, business development and communications.
- Vladimir Maslyakov, Co-founder and CTO: Has 24 years of experience in finance, NFT and blockchain technologies. Former Technical Director of Exante with experience in architecture and development.
Such a serious team cannot fail to impress. This is not some kind of Shitcoin, which is backed by a random guy. Nevertheless, we do not forget about the volatility of the crypto market and the risks. We do not know the developers personally and will never be able to find out 100% whether the project is legitimate and whether it is another scam. Never invest money that you won't be willing to lose and always do your own research so that no scammer can get to you.
Social networks of the project
The Blum project has an official website where we can find all the information we are interested in, for example, a roadmap. By the way, if you are suddenly an excellent developer, then you have a chance to work in the Blum team — you will find job descriptions on the site. This is something new!
There is also a Telegram channel, almost 15.5 million people follow the news and updates of the project. Very much! The activity is not bad, but there are few comments — an average of 500. It's not enough for such a large number of subscribers, isn't it? Well, it smells like fake accounts. This time we forgive this project, considering that all other aspects of the project look pretty good. But we're always on the lookout — and hopefully you are too.
You can also follow the latest news and updates on their official Discord and X (Twitter).
It is noteworthy that the project has a Youtube channel where they explain in detail how to play the game (and not only). There are 26 videos in total and almost 4 million subscribers.
Oh, these fake accounts.
Conclusion
Does it make sense to play Blum? Decide for yourself. The project is promising, and it hasn't hurt anyone to spend a little time on farming yet. But you should not thoughtlessly invest your money in the project. They say that those who do not take risks do not drink champagne — however, if you stick to this saying and take too much risk, you may one day be deceived and with empty pockets. Don't forget about DYOR, friends. In the meantime, we will try to keep you informed of all events on our website and Telegram channel.
