"I farmed for 1 year. I spent $30 on MP missions. I received $1 in BLUM. The scammer's math never lies."

– A Trustpilot user, June 2025

🔥 Why Blum Is More Than a Rug Pull – It's a Trap with Extra Steps

Bloody statistics:

- 90M users attracted by promises of generous airdrops.

- 10% of them invested real money in MP missions (min. $20/user).

- Fictitious tokenomics: 60% of the total supply locked in "vesting" with massive dump risk.

Criminal Technical Issues:

1. Phantom wallets:

- Transactions for MP missions systematically fail, but the money disappears.

- "I paid $5 for an MP mission. The wallet showed 'success', but the points did not appear. Support has been silent for 3 weeks."

- A Blum user

I couldn't even make a payment, which saved my money 😁

2. The Airdrop – The Perfect Heist:

- Users with 400+ days of farming receive $1 in BLUM.

- Conditions changed at the last moment: "You must buy Memepad tokens to be eligible!"

🕵️ The Anatomy of a Systematic Scam

Phases of Manipulation:

1. Attraction with "Free":

- "Play for free! Earn BLUM!" – Viral campaign on Telegram.

2. Wallet Sketching:

- It makes you deposit ETH/BNB/TON for "MP missions" that fail with a 70% chance.

3. Silence of the Critics:

- Negative comments deleted, users blocked. Whitepaper? Does not exist.

4. Exit Strategy: Arrest of the Founder

- Co-founder Vladimir Smerkis arrested in Moscow for "large-scale fraud".

- The Blum team: "No longer associated with the project!" (but the token belongs to him).

💸 Why Listing on MEXC Does Not Save Blum (But Condemns It)

- Price on MEXC: $0.0012 (–98% from predictions of $0.05).

- Daily Volume: $300k – a sign that only occasional speculators are buying.

- Binance Warning:

> "I have no association with BLUM. It was selected in the MVB accelerator, but it is NOT listed with us."

The tragic joke:

"When you see a token listed only on MEXC and Bitget, you know it's like a lottery ticket won in a raffle – zero value, but emotions to match."

⚠️ Signs That Blum Will Be a Total Rug Pull

1. Founder in Prison: Vladimir Smerkis accused of stealing $5M from previous projects (Tokenbox, The Token Fund).

2. Phantom Treasury: 28% of tokens (280M BLUM) controlled by an anonymous team.

3. Liquidity Evaporated:

- The initial TON pool on STON.fi disappeared in 2 hours.

- Raiders sold 200M BLUM at dumping price.

😏 Why No Serious Project Will Survive the "Blum Effect"

- Disillusioned users flee from any Telegram app with "tap-to-earn":

- Tapswap and Hamster Combat lost more than 30% of users after the scandal and listing.

- Regulators have unleashed:

- SEC is preparing new rules for token-based "gamefi" – they will classify them as unregistered securities.

🎯 Conclusion: How to Avoid the Trap

- Check the founders: If they have a history of exit scams (Smerkis has!), run!

- Airdrops with hidden costs: If you "have to" buy something, it's a scam.

- Obscure exchanges: MEXC, Hotcoin are the refuge for dead tokens.

> Blum is not just a rug pull – it's a virus that destroys trust in the entire GameFi niche.

> When you see it on Binance, it will be too late: the token will be worth $0.0001.

⚠️ Final Warning: 99% of projects with "farm in Telegram" are pyramids. Blum is just the ugliest example.