At the end of April, the Blum trading mini-application plans TGE, an airdrop, and the addition of a token launch platform based on Solana. This was discussed by the project's CEO, Gleb Kostarev, during the "Podcast Society" on the ForkLog YouTube channel.
The choice of Solana and potentially other blockchains is related to the low liquidity on TON.
"There is a problem with TON, which is precisely the lack of liquidity. Conditionally speaking, if you launch a meme coin on TON, it can reach $10 million. If on Solana, it will allow it to reach $100 million," noted Kostarev.
Currently, the project is focused on the token release, the development of utility functions for it, and a platform for trading futures.
Kostarev linked the "prolonged" timelines for the token release and airdrop to the desire to first provide a product and functions for the use of the asset that will create natural demand for it.
To combat multi-account holders and cheaters, special mechanisms have been integrated. Such users will not receive the airdrop, added the CEO of Blum. #BLUM $TON