Blum Memepad, a prominent memecoin launchpad platform, has received a $500,000 grant from TON Memelandia, an official initiative of The Open Network (TON) Foundation. This grant aims to strengthen the memecoin ecosystem of TON by accelerating the growth of Blum Memepad, which provides a fair and transparent launch environment for memecoins. Since its launch, Blum Memepad has quickly established itself as a leading player in the memecoin space, becoming the largest memecoin launchpad on the TON blockchain and the second largest globally, with over $130 million in trading volume, 115,000 tokens created, and 270 tokens listed on decentralized exchanges.
The platform has also demonstrated impressive user engagement, with 1.5 million Monthly Active Users (MAU), showcasing its importance in the ecosystem. Successful tokens launched through Blum Memepad, such as VILARSO and MKAT, have achieved significant market capitalization and community engagement. Vladimir Smerkis, co-founder and CMO of Blum, expressed pride in the platform’s rapid growth, stating that their primary goal was to convert their vast audience into active traders, which they have successfully achieved in just two months since launch.
Moreover, Blum Memepad has formed strategic partnerships with leading centralized exchanges like Gate.io, Mexc.com, and Coins.ph. These partnerships will offer special terms and fast-track listings for memecoins launched on Blum Memepad that reach specific market capitalization milestones. The benefits for high-performing memecoins include faster reviews, tailored listing terms, and comprehensive marketing support to boost visibility and user adoption. These partnerships will also involve joint marketing campaigns and promotional efforts to further accelerate the growth and adoption of promising memecoins.
Gate.io has also nominated Blum Memepad for the Meme Gateway Grant, a program designed to support the growth of memecoins by providing listing assistance and marketing exposure. Within this grant, Gate.io will waive listing fees for the best performing memecoins launched from Blum Memepad. The success of Blum Memepad is further supported by its parent company, Blum, a trading platform with 89 million registered users. With a focus on innovation and liquidity in the memecoin sector, Blum Memepad is poised to continue its rapid growth and establish itself as a key player in the memecoin ecosystem.
