Binance Labs announced its investment in Blum Crypto, a Telegram-based trading mini-app. Blum was selected as one of the five standout projects in BNB Chain’s Most Valuable Builder (MVB) Season 7. This comes after a competitive process, with less than 2% of the 700 applications making it to the final list.
Blum Crypto primarily focuses on memecoins and newly-launched tokens, offering users the ability to trade these assets with leverage directly within Telegram. Moreover, its seamless integration into Telegram provides smooth trading experiences for users interested in decentralized finance (DeFi). As a result, the platform becomes highly accessible for traders looking to engage with the Blum coin and other tokens.
Blum Coin Secures Binance Labs Investment and Mentorship in MVB Season 7
Binance Labs has invested in Blum coin, along with four other projects: Aggregata, Opinion Labs, SideKick, and Vooi. These projects stand out for their contributions to the Web3 ecosystem. As part of the investment, Blum will receive a Launch-as-a-Service (LaaS) package worth $300,000. This package provides support in areas such as infrastructure, security, treasury management, and business growth.
In addition to financial backing, Blum’s founders will benefit from mentorship provided by experts at Binance Labs, BNB Chain, and CMC Labs. This mentorship will help Blum Token navigate the complex landscape of Web3 and continue its development within the DeFi sector.
Blum Memepad Contest: Create and Launch Your Own Meme Coin on TON
Blum Crypto recently announced the launch of its Memepad Contest on the TON (The Open Network) blockchain. The contest encourages participants to propose their own meme tokens, including a name, ticker, logo, and description of the token’s utility. To participate, users must share their ideas on social media platforms such as X, Telegram, Instagram, and TikTok with the hashtag #BlumMemepad. Additionally, they must submit their entries through a Google Form provided by Blum Crypto.
Blum’s participation in MVB Season 7 further underscores its growing potential within the Web3 ecosystem. By combining social messaging with trading, the app offers a seamless experience for users. As a result, traders can easily engage with Blum coins and other assets, enhancing their overall experience in a streamlined and efficient manner.
