Blum, the hybrid crypto exchange operating within Telegram, has officially launched its $BLUM Token Generation Event (TGE) as of June 27, 2025. This marks a major step forward for the platform, which started as a tap-to-earn game and has now grown into a full-featured trading system serving over 90 million users worldwide. Along with the TGE, Blum has also introduced staking capabilities, enabling token holders to earn rewards using $BLUM tokens.
The TGE coincides with the token’s debut on several centralized exchanges (CEXs), making $BLUM available to a broader audience. Leading trading platforms have already listed the asset, with initial pricing reported around the $0.10 mark.
Blum’s Path to the Token Launch
Originally launched in April 2024, Blum quickly became popular as a Telegram-based mini-application where users could accumulate points by interacting with in-app activities. These points have now been converted into $BLUM tokens as part of the TGE. Supported by former executives from major crypto firms, Blum aims to make cryptocurrency trading more accessible, particularly for younger users, through features like AI-assisted trading, peer-to-peer transactions, and derivatives trading.
Blum is compatible with more than 30 blockchain networks, including Ethereum, BNB Chain, TON, and Solana, offering flexibility and broad asset support. The TGE follows months of buildup, with the core team sharing final tokenomics and listing specifics in mid-June.
Token Distribution and Economic Design
The total supply of $BLUM is fixed at 1 billion tokens. Allocation is structured to encourage long-term engagement and ecosystem development. The breakdown includes dedicated portions for the community, ecosystem growth, team, treasury, and liquidity.
At the TGE, 30% of the community allocation—equaling 60 million tokens—is unlocked right away. The rest is subject to a six-month vesting period to support price stability and long-term holding. Similarly, the ecosystem fund has a portion unlocked immediately, with the remainder vesting over four years to fund development and new partnerships.
Airdrop Requirements and Claim Process
To qualify for the airdrop, users had to fulfill several conditions: accumulate at least 100,000 Blum Points, earn 750 Meme Points or provide Proof of Activity, refer two or more users, and pass anti-bot verification checks. A snapshot taken on June 7, 2025, was used to determine eligibility.
Participants can claim 30% of their airdropped tokens immediately. The remaining tokens are locked for 180 days, after which they vest linearly. Any unclaimed tokens will be permanently removed from circulation, a measure intended to preserve token value and reward active community members.
What’s Next for Blum?
The TGE and exchange listings represent a foundational moment for Blum. With its large user base and evolution from a simple game to a multifunctional trading platform, Blum is positioned to expand its influence in the cryptocurrency sector. The tokenomics model emphasizes community rewards and sustained development, highlighting a focus on durability and value growth.
Upcoming milestones include new product integrations and platform enhancements, backed by the treasury allocation. These efforts are designed to keep Blum competitive in a fast-moving industry.
For readers interested in exploring the platform further, you can 👉 discover more about hybrid exchange features directly.
Frequently Asked Questions
What is Blum?
Blum is a hybrid cryptocurrency exchange that originated as a Telegram game. It now offers a full trading experience, including spot and derivatives markets, serving over 90 million users worldwide.
How could I qualify for the $BLUM airdrop?
Eligibility required accumulating 100,000 Blum Points, 750 Meme Points, referring two users, and passing anti-fraud checks. The snapshot was taken on June 7, 2025.
What is the total supply of $BLUM?
The total supply is 1 billion tokens, distributed across community rewards, ecosystem development, team, treasury, and liquidity provisions.
When can I trade $BLUM?
The token became available for trading on select centralized exchanges starting June 27, 2025.
Is staking available for $BLUM?
Yes, Blum has introduced a staking mechanism that allows token holders to earn additional rewards.
What happens to unclaimed airdrop tokens?
Unclaimed tokens will be burned, reducing the total supply and potentially increasing the value of circulating tokens.