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New Tap-to-Earn: Blum Decentralized Exchange’s “Drop” Game on Telegram | Potential Airdrop Guide

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

Blum has launched a Telegram-based game that lets users farm points for โ€œsomething excitingโ€ in the future. [Check out the Telegram โ€œDropโ€ Game from Blum here.]

Whatโ€™s the Significance: This campaign offers a fun and interactive way for users to earn free points while engaging with the platform.

What is Blum:

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

Blum is building a dex in Telegram mini app where you can access all blockchains and tokens without changing wallets and without native token gas fees.

  • This allows you to access basically all of crypto in one app.

Blum is co-founded by former Binance execs Gleb Kostarev & Vladimir Smerkis.

  • Kostarev has been a Binance OG since 2018 as Vice President and reported directly to CZ.
    • He has been the Regional Head for Eastern Europe, CIS, Turkey, Australia and New Zealand. Smerkis was the GM for CIS region.
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Blum aims to provide trading options for tokens from both centralized and decentralized platforms, along with streamlined derivatives trading.

  • It supports more than 30 blockchains, 
  • Blum is designed to solve the major problems of CEXs, which is offering limited tokens only, and DEXs, which is complex to navigate.

Key differentiator: 

  • A Telegram-based DEX, making it immediately accessible to a total addressable market of over 900 million users.
  • As a way to encourage more users, Blum created the Telegram game called โ€œDropโ€, the userโ€™s initial point of interaction with Blum.

Numbers and metrics:

  • Blum already has more than 15,000,000 Community Members on Telegram.
    • This made them Top 3 in the world and boasts 35,000,000 users on Mini App.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • From other metrics โ€“ citation index โ€“ it is performing higher than Hamster Kombat.
    • Citation index refers to how many times Blum is being mentioned on chats or other telegram channels. On Telegram Apps Center, Blum is picked as Editorโ€™s Choice https://t.me/tapps_bot  

Collaborations:

  • The Task section reveals that Blum already has tier one partners including Binance, OKX, and Bitget.
  • Blum was one of the chosen winners of Binance MVB (Most Valuable Builder) Season VII which was held by Binance Labs.
    • Usually at the end of the program Binance labs will invest in some chosen projects. 

Beginners Guide to Drop Game:

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

The Blum Game Drop is specifically designed to allow Blum mobile app users to farm Blum Points in Telegram. [Sign up here.]

  • According to the developers, the Drop Game introduces users to basic cryptocurrency mechanics in a risk-free way, without requiring any initial investment from the participants.

Blum Drop Game Mechanics

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Basic Gameplay: Players need to catch as many falling items (green flowers) as many as they can within a limited time. 
  • Game Pass: Each game is limited to 30 seconds only and costs 1 Game Pass to access. 
  • Limit: Game Passes can only be obtained by checking-in daily on the Blum app.
    • Day 1: 10 BPs + 1 Game Pass
    • Day 2: 20 BPs + 2 Game Passes
    • Day 3: 30 BPs + 3 Game Passes
    • Day 4: 40 BPs + 4 Game Passes
    • Day 5: 50 BPs + 5 Game Passes
    • Day 6: 60 BPs + 6 Game Passes
    • Day 7 and onwards: 70 BPs + 7 Game Passes
  • Referrals: Consequently, more points can be earned for every successful referral.
    • 10% of the refereeโ€™s points will go to the referrer. 
    • 2.5% from the refereeโ€™s referees will go to the referrer.
  • Tasks: There are also social and daily tasks that participants can do to earn more points. 

How to Earn Blum Points? 

  • Start: Go to https://t.me/BlumCryptoBot and choose the โ€œStart.โ€ To start playing, click the โ€œLaunch Blumโ€ button. 
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Earn Passively: On the โ€œHomeโ€ page, choose the โ€œStart Farmingโ€ button to start earning Blum Points while online for every eight hours.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Drop Game: On the โ€œHomeโ€ page, choose the โ€œStartโ€ button to play the drop game. The players just need to tap the falling green flowers.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Tasks: Go to the โ€œTasksโ€ page, and to the tasks listed to earn more points. The tasks include following their social media accounts, joining a campaign with partner entities, and watching YouTube content about Blum.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Invite Friends: Go to the โ€œFrensโ€ page to secure an invitation link and onboard new players. 10% of the refereeโ€™s points will go to the referrer.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide
  • Play Daily: Check-in daily to earn the daily check-in rewards.
Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

What To Do With Blum Points?

  • Convertible: The Blum Points earned in the Telegram-based Drop Game can be converted for various rewards on the Blum app including BLUM token later on. 
  • For Trading: The team also hinted that Blum Points can soon be traded for โ€œsomething exciting.

Whatโ€™s next

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

Here are some products in Blumโ€™s roadmap: 

  • Tribes/Squad โ€” You can create a squad to solve challenges together and earn more Blum Points (BPs)
  • Memepad โ€” Itโ€™s a Launchpad for meme based projects and other new projects in general. This will be one of the use cases for BLUM native token later on.
  • Perps โ€” You can trade perpetuals (futures, etc) in Blum
  • MPC (Multi Party Computation) Wallet โ€” You can use your existing private wallet such as Metamask or Trustwallet to transact in Blum, or you can create a new MPC wallet facilitated by Blum.

Collaboration with Mainstream Brands:

Photo for the Article - New Tap-to-Earn: Blum Decentralized Exchange's "Drop" Game on Telegram | Potential Airdrop Guide

Blum collaborated with Pokras Lampas, who is a very famous Gothic Calligraphy artist โ€“ they made a limited edition app skin where the Blum App changed completely.

  • There will be other Artists, Athletes, and more cool collaborations down the line.

Long term vision:

  • A native blockchain: One of the long term visions by the team is for Blum to possibly have its own native blockchain for the most efficient, cheapest, and fastest onchain settlement, which could be a usecase for Blum native token.

This article is published on BitPinas: Blum Decentralized Exchange’s “Drop” Game on Telegram Hosts Airdrop Campaign

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