PRESS RELEASES

Blum Memepad officially launches to the public

Source:
Sparrow PR

Blum, the team behind the most visited mini app on Telegram, has announced the public release of Blum Memepad following a successful limited beta launch for the first 1 million users.

Key Highlights from the Beta Launch

  • Gradual Rollout: Blum implemented a phased launch, starting with 100,000 users and gradually expanding to 40 million over 10 days.
  • Strong Engagement: Within the beta, 40,000 tokens were created, with 30 tokens published on DEX.
  • Trading Momentum: The current trading volume on Blum Memepad stands at an impressive $25 million or 4,5 million TON 
  • Success story: $USACH was the first-ever meme coin to reach a $3.5 MILLION market cap on Blum Memepad    

Blum Memepad was officially unveiled during the Hack Seasons Conference in Bangkok, part of Thailand Blockchain Week 2024. The platform, now open to all users, leverages Blum’s vast ecosystem of 85 million registered users and 35 million active wallets to position itself as the largest token platform on the TON blockchain.

“Blum Memepad is our first trading product, laying the groundwork for a comprehensive trading ecosystem,” said Gleb Kostarev, CEO of Blum. “With over 35 million active wallets and the distinction of being the most visited mini-app on Telegram, Blum Memepad allows us to tap into our audience’s interest in trading while offering users meaningful opportunities to earn cryptocurrency. The initial results have been very promising.”

Blum Memepad Features

Blum Memepad empowers users to easily create, trade, and engage with custom tokens, simplifying the world of digital asset creation for a massive audience. Users can tokenize memes, communities, celebrities, and other creative concepts in as little as 30 seconds. The platform’s seamless integration with TON wallets ensures a frictionless trading experience.

The creators of Blum have launched a dedicated Telegram channel, Blum Memepad,  which provides regular updates on new memecoins. The channel has already amassed over 5 million subscribers

What are Blumed projects?

Blumed projects are those projects that gather at least 1,500 TON to migrate to a decentralized exchange (DEX), where a liquidity pool is established with 20% of the initial token supply.  $USACH was the first-ever meme coin to reach a a $3.5 MILLION market cap on Blum Memepad. 

Why Blum Memepad is a Game-Changer

The success of DOGS Coin, launched on TON with Blum’s advisory support, showcased the growing interest in meme tokens. Blum Memepad builds on this momentum by offering a streamlined platform for token creation and trading, catering to the increasing demand for innovative and accessible digital assets.

Memecoins on the Rise

Memecoins are becoming a prominent part of the digital asset space. A recent report highlighted Pumpfun’s $30.5 million in monthly revenue, underlining the market’s potential. Blum Memepad is well-positioned to capitalize on this trend, offering a user-friendly platform to create and trade tokens while introducing newcomers to blockchain technology.

What’s Next for Blum Memepad

Blum Memepad represents a significant milestone for the TON blockchain, aligning with Blum’s vision of a decentralized and user-friendly ecosystem. With the platform’s ongoing development, users can expect new features and expanded opportunities in the coming months.

About Blum:

 Blum is a decentralised trading app, offering access to tokens from centralised and decentralised exchanges, along with simplified derivatives trading, all within a Telegram mini app. Just like a flower in bloom helping your crypto investments grow and flourish.

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