The renowned Blum trading application, which has more than 85 million global users and stands out as the leading mini-app on Telegram, will bring its innovative Blum Memepad platform to the stage of the Hack Seasons Conference, during Thailand Blockchain Week 2024 in Bangkok. Memepad aims to democratize token creation on the TON blockchain.
Blum Memepad: limited beta testing for the first 100,000 users
Currently available in beta, Blum Memepad has been released to a test group of 100,000 users. The platform plans a rapid expansion that could establish it as the largest on the TON blockchain, by leveraging Blum’s vast community of 85 million registered users and 35 million active wallets. Memepad is presented as a tool that facilitates the creation, trading and interaction with custom tokens, opening new possibilities for the common user in the field of digital assets.
The motivation behind Memepad
The resounding success of DOGS Coin, launched on TON with support from Blum, demonstrated growing interest in meme tokens and other accessible digital assets. With 35 million active wallets, demand for innovative tools to create and trade digital assets has increased significantly. Memepad responds to this need by simplifying the token launch process, becoming not only a trading platform, but also a marketing platform to attract new users to the blockchain ecosystem.
With Blum Memepad, users can create tokens in as little as 30 seconds, making it easy to tokenize memes, communities, celebrities, and other creative concepts. The platform allows users to customize the name, icon, description and initial actions of the tokens directly in the Blum app. Thanks to the integration with TON wallets such as TONKeeper and @Wallet, users can buy, sell and trade tokens quickly and easily. Once a token reaches 1,500 TON in investment, it migrates to a decentralized exchange (DEX) and a liquidity pool is created with 20% of its initial supply.
The rise of memecoins, recently highlighted by The Block’s report on Pumpfun’s $30.5 million monthly revenue milestone, underscores the growing demand for digital asset creation. Memepad seeks to position itself as the preferred platform to satisfy this demand.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
