Introduction: Why Blum’s “Tokenomics” Are Crucial Now?
Telegram, a new cryptocurrency project utilizing Telegram, is currently garnering explosive attention. Many are participating in point-earning games, eagerly anticipating future airdrops (free token distributions). However, it’s also true that pressing questions abound: “How much will I actually receive?” and “Will it truly have any value?”
The key to answering these questions lies in the project’s economic blueprint: “Tokenomics.”
By reading this article, you will understand the complete plan for Blum’s tokens: “who” receives them, “when,” and “how much.” This will enable you to objectively assess your airdrop expectations with solid grounds. We will carefully explain even complex technical terms one by one, so please bear with us until the end.
The Basics: What Exactly is Tokenomics?
Before diving into Blum’s specific figures, let’s grasp the basics of the term “Tokenomics.” Understanding this will equip you with a powerful “yardstick” to discern the health and future potential of any cryptocurrency project.
Tokenomics is a portmanteau of “token” and “economics.” Think of it as an “economic constitution” that defines the rules for the tokens a project issues, such as:
-
- Total Supply: What is the maximum number of tokens that will be issued?
- Allocation Plan: How will the issued tokens be distributed (to the community, development team, investors, etc.) and in what proportions?
– Release Schedule: When will the distributed tokens become available for trading? (e.g., Vesting)
- Utility: What can the token be used for? (e.g., fees, voting rights)
By analyzing these tokenomics, you can decipher the project management’s planning, and how much importance they place on the community.
Blum Token Overview: Total Supply and Allocation by Purpose
Now, let’s delve into the core of Blum’s officially announced tokenomics. The total supply of Blum’s token ($BLUM) is fixed at 1 billion tokens. The table below summarizes how these 1 billion tokens are allocated for different purposes and in what proportions.
| Category | Allocation Ratio | Token Amount | Main Purpose |
|---|---|---|---|
| Community | 20% | 200 million $BLUM | Rewards for early contributors, such as airdrop participants |
| Ecosystem Growth | 20% | 200 million $BLUM | Exchange listings, developer support, partnerships, etc. |
| Treasury | 28.08% | Approx. 280 million $BLUM | Long-term product development, security audits, legal fees, etc. |
| Contributors | 16.11% | Approx. 161 million $BLUM | Rewards for project-building members, such as the development team |
| Strategic Investors | 15.81% | Approx. 158 million $BLUM | Allocation to partners and investors supporting the project |
Your Airdrop: When and How Much? A Deep Dive into “Community Allocation”
Airdrop participants are, of course, most interested in the “Community Allocation.” A closer look here will reveal when and how many tokens you can expect to receive.
First, of the 20% (200 million tokens) allocated to the community, half, or 10% (100 million tokens), is designated for this pre-launch airdrop. However, there’s a crucial point here: not all of these 100 million tokens will be immediately available at the time of listing.
To understand this, let’s explain two important technical terms:
What is TGE (Token Generation Event)?
This refers to the day when a cryptocurrency is formally issued on the blockchain for the first time. In most cases, it coincides closely with its listing on an exchange.What is Vesting?
Vesting is a mechanism where tokens, for which the right to receive has been confirmed, are not released all at once but are distributed in installments over a predetermined period. This is a common practice adopted by many projects to prevent a “sell-off”—a sudden price crash due to a large volume of tokens being sold immediately after listing.
Blum’s plan states that only 30% of the tokens received via airdrop will be immediately available at TGE (listing date). The remaining 70% will be distributed gradually (vested) over 6 months after TGE.
For example, if you are entitled to receive 1,000 $BLUM through an airdrop, it will work as follows:
- Listing Date (TGE): You receive 300 $BLUM.
- For 6 months after listing: The remaining 700 $BLUM will be received in installments of approximately 116 tokens per month, over 6 months.
Thus, it’s important to understand that you won’t receive the full amount all at once.
Market Price Impact: Calculating the “Initial Circulating Supply” at Listing
The price of a token is determined by the balance between the quantity available for trading in the market (supply) and the number of people who want it (demand). So, how many $BLUM tokens will be in circulation in the market the moment Blum is listed? This is called the “initial circulating supply.”
Based on the unlock rates at TGE for each category, the calculation is as follows:
- From Community: 30 million $BLUM
- From Ecosystem Growth: 38 million $BLUM
- From Treasury: 28.08 million $BLUM
- From Contributors/Investors: 0 $BLUM
Summing these up, the initial circulating supply at TGE will be approximately 96.08 million $BLUM. This is only 9.6% of the total supply of 1 billion tokens.
A low figure here indicates that a relatively small amount of tokens will be available for trading in the market immediately after listing. Generally, a design with a low initial circulating supply can be interpreted as an intention to curb sudden selling pressure and prioritize price stability.
Expert Perspective: Blum’s Strategy Revealed Through Its Tokenomics
Based on the figures we’ve reviewed, let’s objectively evaluate the strategy and intentions embedded in Blum’s tokenomics design.
Point 1: Long-term Focused Design
Most notably, none of the tokens for contributors (team) and strategic investors are unlocked at TGE. Their tokens are subject to a full lock-up period (cliff) of 9 to 12 months, after which they can only be sold gradually over an even longer period. This strongly indicates that the core individuals of the project are committed to its long-term success rather than short-term gains.
Point 2: Consideration for Price Stability
As mentioned earlier, the 6-month vesting period for community airdrops and keeping the initial circulating supply below 10% of the total are also sound approaches aimed at avoiding immediate post-listing chaos and fostering stable price formation.
Objective Evaluation
Some might argue that a “20% community allocation is small.” However, given that many projects make promises without delivering, Blum’s tokenomics can be assessed as a relatively sound and realistic plan, where the team and investors share risks with the community and aim for long-term ecosystem growth.
Conclusion: Blum’s Future and What You Should Do Now
Finally, let’s recap the key points of this article:
- Long-term oriented design: Blum’s tokenomics features a solid design that emphasizes long-term commitment from the team and investors, and prioritizes price stability.
- Airdrop is an installment payment: The airdrop you receive will have 30% unlocked on the listing day, with the remaining 70% distributed gradually over 6 months.
- Limited initial circulating supply: The tokens available in the market at listing are approximately 9.6% of the total supply, which helps to suppress initial selling pressure.
Tokenomics is crucial information for predicting a project’s future, but it is ultimately just a “plan.” The ultimate success depends on future product development, market trends, and the operational team’s execution capabilities.
Therefore, it is premature to be overly optimistic or pessimistic at this stage. The most important thing is to continue following Blum’s official X (formerly Twitter) and Telegram channels to calmly track accurate information regarding TGE and listing. Based on the knowledge gained from this article, exercise your own judgment and aim for wise navigation.