Section 1. Main information:
Project Name: Blum
Project URL: blum io
Project’s X (Twitter): x . com / blumcrypto
Discord Server Address: Blum https:// discord .com/ invite/ Ay6zBfEdxQ
Section 2. information:
Blum is a hybrid exchange designed for emerging markets, offering access to tokens from centralized and decentralized exchanges, along with simplified derivatives trading, all within a Telegram mini app.
Hybrid model with onchain settlement
This model, featuring an offchain orderbook, onchain settlements, and MPC or self-custody options, enables trading directly from personal wallets like MetaMask or Trust Wallet within a single seamless transaction.
Universal token access
Automatic listing of tokens with sufficient liquidity by streaming liquidity and order books from a variety of exchanges and protocols.
Trading via Telegram
A unique mini app experience with mobile-first design and integrated gamified mechanics.
Simple derivatives
User-friendly perpetual futures and simplified options. Futures on NFTs and pre-market tokens.
P2P fiat trading
Focused on local currencies and merchant integrations.
Please Describe Your User Demographic:
Blum is targeting most promising emerging markets where local products are not strong enough.
Blum begins by obtaining VASP registration in Georgia in Q1 2024, where one of the most favorable regimes for cryptocurrencies exists in the targeted region.
Global South market: 20M+ Monthly Active Users (MAU) currently, expecting 50M+ MAU during the bull market phase.
What is your Tech Stack?
Hybrid model with onchain settlement
This model, featuring an offchain orderbook, onchain settlements, and MPC or self-custody options, enables trading directly from personal wallets like MetaMask or Trust Wallet within a single seamless transaction.
Section 3. Status of the Project:
What is status of you project?
Launching phase 1 (telegram mini app) by end of march 2024 - beginning of april 2024.
What is financial status of you project?
Bootstrapped (Team is covering expenses)
Monthly Burn Rate In USD:
NA
Section 4. Team
About Your Team:
How many Team Members are working on the project: 10-20
Please Tell Us About Your Development Team:
Vlad Maslyakov (ex CTO of Exante, Everscale blockchain etc).
Please Tell Us About Your BD Team:
Vlad Smerkis - ex Binance GM for CIS
Gleb Kostarev - ex VP Binance
Please Tell Us About Your Marketing / Community Building Team:
Head: Vlad Smerkis (see info above)
Section 5. Support
What Kind Of Support Is Needed?
Marketing and funding
Please provide more information about the selected areas:
We will use funds to boost launching of the app (airdrops, events, community giveaways).
Section 6. Grants:
Grant Amount Requested: 5000 USD
Please provide a budget breakdown:
MKT expenses: 5000 USD
Roadmap & Milestones:
- 100 000 people on the waitilist - DONE
- Launch of telegram mini app - end of mach/beginning of april 2024
- Fundraising for seed closed - april 2024
- Launch of complete functionality - july 2024
Section 7. NEAR integration
Will the game be NEAR exclusive or is it planned to integrate other chains or a web2 version?
Chain agnostic including NEAR integration and co-marketing collaboration.
Near Address: 8737373733.near
