In late April, the trading mini-application Blum plans a TGE, an airdrop, and the addition of a token launch platform based on Solana. This was revealed by the project’s CEO, Gleb Kostarev, during the “Podcast Society” on ForkLog’s YouTube channel.
The choice of Solana and potentially other blockchains is due to low liquidity on TON.
“There is a problem with TON, which is precisely that there is a lack of liquidity. If you launch a memecoin on TON, it might reach $10 million. On Solana, it could reach $100 million,” noted Kostarev.
The project is currently focused on the token release, developing utility functions for it, and a platform for futures trading.
Kostarev linked the “prolonged” timeline for the token release and airdrop to the desire to first provide a product and functions for the asset’s application, which will create natural demand for it.
Special mechanisms have been integrated to combat multi-accounters and cheaters. Such users will not receive the airdrop, added Blum’s CEO.
Subscribe to the podcast: