Blum launches Drop Game and announces new tokens

Blum has fully launched its Drop Game feature, allowing users earn cryptocurrencies through your Telegram mini-app.

• Blum introduces a new feature called Drop Game, which allows users to earn real cryptocurrency within the app.
• To date, Blum has distributed $3 million worth of DOGS tokens and announced a new release.
• Blum has also announced future token releases from projects selected by Blum Labs and other partners.

After a successful test involving 100,000 randomly selected active users, the feature is now available to eligible users, with a new release of DOGS tokens announced yesterday.

The Drop Game and token drops are key to Blum’s strategy to reward user participation. So far, Blum has distributed $3 million worth of DOGS tokens, and starting today, token releases will occur regularly, varying in value and eligibility criteria. Additionally, the Drop Game will be used to distribute tokens from other cryptocurrency projects through regular drops.

“Since day one, Blum has given the community the opportunity to participate in various airdrops, something few projects in the Telegram ecosystem do. The most notable was the DOGS airdrop cycle, with three distributions completed. Now we are improving mechanics and developing a more transparent system so that users can track their progress, also considering adding elements of chance to make the process more attractive and balanced. However, our main focus remains on rewarding on-chain activity, transactions and transactions. interactions with blockchain, as these incentives seek to recognize and motivate future users of our trading application,” commented Gleb Kostarev, CEO of Blum.

“The next step is to introduce launches from other cryptocurrency projects, which have been selected by Blum Labs, as well as our partner projects. This will give our 80 million users the opportunity to earn real cryptocurrencies, marking another important step towards creating of full trading functionality for the Blum app,” said Vladimir Smerkis, Director of Marketing and Business Development at Blum.

Blum’s limited testing evaluated system performance and user interest. “The response was significant, and we are already preparing further token releases for eligible users in the coming weeks. In fact, another launch of DOGS tokens is already active,” added Karol Stanczak, Marketing Lead at Blum.

Blum Labs, launched in July 2024, acts as the accelerator arm of Blum’s upcoming trading application, supporting cryptocurrency projects achieve success in the market. Blum Labs is currently accelerating nine projects: Afterland, Moonplay, Tongotchi, X Empire, TONxDAO, ForUAI, Memefi, Galactica, and the recently announced TON Station. “All projects will receive mentorship from Blum Labs, as well as connections to Blum’s extensive network of colleagues and partners,” said Igor Doganov, head of Blum Labs.

With the launch of Drop Game and a series of token airdrops on the horizon, Blum is taking important steps towards building its decentralized trading platform, offering users new ways to participate and earn in the crypto ecosystem.