Blum Chats 19.0

Hello. Hello guys. One, two, three. So yeah, my name is Nick. I'm SM and content lead at Bloom and we are starting soon. Today we will have one very important and interesting guest. So yeah, these bloom chats will be amazing. Let's wait for a couple of minutes and we will start. Yeah. So when we are waiting for our important guest, I think we can start with uh our regular announcements. So first of all uh big news for our most active traders. The rewards for our recent campaigns have been distributed. So if you participated in doc campaign, hash campaign or dent trading campaign, you can check your wallets. We have all the list of winners in our blog posts in our social media channels. So please check it out and uh maybe you might have got just gotten richer. So full list of winners are already posted on our blog blog. uh please check it out. Uh the another thing I wanted to discuss that uh our team just got back from Dubai. We were at token 2049 week and uh we participated in a lot of u official and unofficial meetups including hack seasons and newland summit during token 2049 week.

Uh also we had a Bur and Burn side event which counted more than 1,000 participants across around the globe. Yeah, that was pretty amazing. And uh we already had some fun content uh from these events in our social media and as well we will post something some video recaps uh on our YouTube and other channels as well this week. Well, and the next our event will be in Lisbon. So, we will visit uh NFC Lisbon 2025. It is uh the web3 pop culture festival and it's happening from June 4 to June 6. So guys, if you are in Portugal, you can come say hi. We will have some presentations and so on. Um yep. And uh one more thing just for to remind you that uh we have limit orders in our bloom trading bot. It allows you to set your own price, choose the order duration and u walk away and the bot will handle the rest. So it is easily to set up. We published the stepby-step guideline. You can check it out and start trading on your own rules without um your active participation. so on. Yep. So I see Vladimmer is here.

So hi Vladimir. Let me introduce you. So uh please welcome our CTO, chief technical officer, Vladimir Masikov. Uh hi Limer. What's up? Can you hear me? Yeah, we can hear you well. Yeah, amazing. Amazing. Yeah, all good. All good. Uh building as usual. So yeah. uh running around the streams and calls and building. Thank you so much that uh you found the time to participate in Bloom chats. It's always amazing to see different uh guys from our team which are sharing their expertise and so on. So I think let's discuss uh some technical aspects and uh make them simpler try to uh share our core values with our community and uh we have some list of questions and after that we are coming to uh quick uh session from the community.

So guys please ask your questions uh not only about TG but maybe about another things. Yeah. So that is how we see it. Okay. Uh, Vimemer, can you please describe uh what are the key milestones in Bloom's current road map for Q3 and maybe till the end of the year? Yeah, sure. Uh, so I think uh a lot of products will be coming uh more or less simultaneously.

So I think the biggest milestone coming milestone will be perpetual decks which we've been building for the past half year extensively doing a lot of tests. Um and I think now we on the finish line and hopefully the first version to limited amount of users will be launched already the end of May early June and later on we'll roll out it to all the users. Um yeah for so I think for users to understand it will be more or less hyperlquid way so it's it will be a kind of the hybrid uh exchange so everything will be working with self custody wallets uh it's not like traditional sexis so that's why it took a little bit more time than than we expected to connect it to the existing wallet ecosystem with our uh developed back end so this is the first priority Right now another amazing thing which we're also kind of brave which are proud that we are finalizing uh along with perpetual exchange is the wallet hub or wallet ecosystem. So, we'll be able to let users connect on custody wallets, but we're also planning to release uh so-called uh universal wallets, which would allow users to trade from one wallet on different uh blockchains uh using different and pay for the gas fees also in different tokens and chains.

So basically allowing to easing the access to meme coins in other in different chains like Binance chain Salana and other chains and just giving a text like user experience but fully decentralized fashion. Yeah. So this is I think the two closest milestones. Um uh another one of course there will be more uh more tight integration with the telegram and stars and on ramp of ramp solution coming this week already it's on the final test I'm not speaking about those small releases there obviously will be always on track uh from the big releases I would say after that we plan to put more focus on improving the launch pad that that's one of the stuff adding more gamify features, right? We think that uh uh what we see in other products is that uh gamify and social features like different leaderboards, stripes, uh competitions, trading competitions, right? Uh launch competitions, etc.

Similar to how it works right now in our app, uh will also be access. We want to make it more uh diverse and accessible to our users maybe later in Q3. Um what else? Uh some yeah spot and earn mechanics will definitely stay there but we plan just to expand it to more uh ecosystems uh to more blockchains um and just let users trade more tokens and more blockchains. Again it all depends on this wallet ecosystem that we've been building for the past three months. But now I can say that we are on the finish line and after that we we'll be able to open the app to broader range of instruments and tokens in different ecosystems. But again important to mention staying fully non-custodial fully self self-custodial meaning that kind of all your funds is yours.

We're not touching them you just manage the wallets etc. But just making it more user friendly than traditional web 3. And of course I hope that closer to the end of the year we'll be adding more AI capabilities. We see a lot of interesting traction in this area. I can't say that we personally me personally like any approach that is kind of uh taken by any of the Texas or any of the protocols like virtual on Salana and others on other chains. we we think we can do better, right? We think that we can make a more native AI experience for in our application, right? Uh we obviously we'll be adding it to trading bot for sure, but I think that uh it's a little bit more challenging to add it in UI, right? It has to look native, right? If it's not native, if you just integrate like many do chat GPD, it doesn't look very native.

It looks cumbersome for end user experience. I think we can do it more natively. Uh so yeah, I hope that till the end of the year we'll have the resources to work on this AI capabilities inside app as well. At least that's the most interesting product that we are building that we started evaluating and building recently. Well, thanks for such a detailed answer. I say a lot of features are coming and uh as I can see for now yeah we are sticking to the our main slogan that all crypto and uh one app.

So we are providing the high range of uh and trading instruments and uh trading ecosystem for all the crypto needs and uh as I can see we make the main different the main accent on u defy right on trading because it allows you to have your money on your wallets right yeah I I would say that uh obviously one of the reasons is uh privacy and security concerns, right? That were obviously DeFi uh ecosystems in general and wallet ecosystems, blockchains, they give more privacy and security on average, let's say, right, than traditional taxes. We all traded on sexis, we know the limitations of taxes, though we know the pros as well, but I think there are more cons.

One thing. The second thing what we see is that CFI is slowly losing volume and especially in terms of newly launched tokens to dexes. I think most of like low and midcap tokens these days launch in Dexes. So h for partly for two reasons uh kind of reg regulation inside successes might be one of the reasons but I think what's even more important that it became too hard for the new projects you know to go through this complicated KYB process for listings right and like we see with the meme coins it's just basically anyone can launch so it's becoming more democratic and that's what defy always was it was a much more democratic space than traditional like exchanges uh like the big names that we know. So I think our prediction is that this this trend will continue. That's why maybe it took it would be easier for us to make it tax-like experience by just building tax. But we try to stay kind of uh we try to stick to our plan uh and ride this wave of growing volumes and especially number of launch tokens on dexes.

We still believe that DEX and DeFi experience could be as close as possible to tax likes, meaning that you can pay the gas with any token, that you can store different blockchains under one seed phrase, that you can use social login to back up and recover your assets uh uh fully decentralized fashion, right? So I think yeah it's kind of a harder route than traditional sexes but I think in the end it's the right route and I think that eventually even like baby boomers and Gen X and obviously Gen Z and millennials they all will gradually uh will shift to this uh self-custody solutions right so um I think here we need to stay true to ourselves and to our strategy and eventually will succeed. Yeah, thank you Vladimir.

Totally agree. Uh the slogan, not your keys, not your crypto. It's not only slogan. This is the way and crypto. I think the main idea is crypto to have your own money without any uh additional third party person or organization who can control it. So yeah, happy to hear that we are going in this direction. So maybe can you please tell more about fiat on ramp integration? So which benefits it will uh bring to our users and uh how the process inside will work. Yeah, it's actually very simple.

So we're working one with one of the top solution on the market. It's basically will allow people to uh convert the fi currencies uh to crypto and back. So I think it's more or less now accessible in all I I mean more and more dexes they were hesitant at first doing that but I think uh our approach we call it a more hybrid approach. We're not like against fired we're not against crypto cards or traditional cards or even wire transfers. I mean uh we want the users to use all like possible instruments but what we believe is most of the trading right and settlement part will be done eventually on chain. Yeah, that that's our true belief and maybe even for the payments as well. In the coming years, we'll see uh more traction on more onchain traction, right? Yeah, maybe you heard that Visa and Mastercard is working on such onchain products.

A lot of governments working. So, this trend is coming back it seems right now. So, I expect that there will be the on-ramp of ramp eventually will become less cumbersome for the end user. it will become cheaper and for now I think it's like it's measured in percents right and later on it will probably once this infrastructure evolve it will be measured in like cents right or tens of cents so um yeah I mean it just it's one of the instruments that we think uh users might benefit from right so uh why not uh and I see many dexes these days also think the Yeah, I think this is about mass adoption and easy way to uh access crypto market.

So even when you're newbie, it is really hard to make your first steps. Yeah. To purchase crypto to not being scammed on this way and to understand what exactly you want to buy. So you mentioned five tokens. Yes. So they are the most popular ones, right? So integrate or they will be native tokens. Um um yeah it will be I think uh that uh it's probably will be most uh popular tokens right like into for example in ton ecosystem you obviously know it's ton not dogs um uh some others right uh so I think at first obviously it will be just the most popular ones but uh USD of course definitely I think it's still number time uh but uh on all chains uh but eventually I think it um like for example we're also considering later on adding some bridging cap capabilities because obviously I would say there are three types of users right you absolutely right the newbies uh newbies and newbies I mean just the guys who don't have that much crypto yet and they need just to make this first step the second I would say just the normal traders which sometimes have need more like uh liquidity than than they currently have on their account.

And the third one is I would say like is people who migrate from other blockchains, right? Who for example for some reason has the liquidity in one chain but they want to buy something on another chain and that's where uh modern bridging solution come into play. I think they work really fast these days giving good quotes. So I think bridging was never easy as it is today and I think it's the logical next step that we'll do integrate after the onramp solution.

Yeah for sure that's exactly what we are waiting for and uh fat ramp allows you to uh top up your deposit uh very fast and uh in a seamless way. Okay thanks. So let's change to the another topic maybe about security. Uh since Bloom doesn't hold any user funds until a trade is settled, uh can you please describe what kind of infrastru in infrastructure supports that and uh how do you minimize the risks? Uh yeah, that's a good question.

I I would say I would say that uh funny enough that most of web 3 infrastructure these days maybe for the past maybe 3 to 5 years especially is very similar to traditional web two web two infrastructure and funny enough you saw that it didn't help by bit because the attack was really sophisticated it was done through one of the popular multi solutions on the market safeglobal um And obviously it's even um at this particular attack it's hard to say how by bit could avoid it right right now it's obvious how after it happened right after it happens when you know what happened and you did the research you know and we know how to avoid such type of attacks but they were unlucky that they were uh actually the first to be attacked uh with uh this type of attack and it was successful obviously ly and uh I think a lot of so we were shown that even the most centralized multi-seek which is considered like AAA security is still might be a threat and you always have to be smart about how you manage any type of funds uh even fully on chain right so to be honest I think uh recently most of web 3's infrastructure uh resembles a lot web two infrastructure meaning that Usually there's something on the front end and most of the companies use these days Cloudflare.

So it's basically like a first uh I would say a first um defense uh strategy for uh deployment and securing the backend environment right you are just basically whitelisting the back end to only cloud flex servers. It saves like 90% of stupid attacks which can be done uh by newbie hackers uh obviously then the back end is secured the whole perimeter is monitored 247 we're doing the pent tests inside outside audits um uh we have uh cyber security systems inside we just monitor suspicious activity like most of the taxes do these Okay. So there there's really not much difference from how it is run by traditional sexis or any fintech application very similar. But the major difference yes you're absolutely right and we are which kind of uh makes it even harder to let's say attack and approach is that we were not holding any of the uh users assets.

Right. I think I think I would say this is probably the number one uh security measure right I think uh this is usually you know so usually either custodies are broken or bridges right it's like if you if you calculate in percent of stolen assets I would say that's accounts for more than 95 maybe even closer to 99% of all the hacks right you can even think that by bit was kind of attacked the same because basically they use just multi-seek or as their cold storage moving assets from there uh like a really good solution but it didn't help them because in the first place they had it right they had a cold and hot storage right when you build more decentralized more DI products or CD5 products um you kind of uh mitigate this risk this biggest risk right when when funds are moved into centralized uh smart contract or centralized custody or custody as a service be Fireblocks or any other solution.

I mean it's obviously the first thing that is always being attacked right when you don't have it it's much easier kind of to operate and to uh kind of give better security uh I would say better security guarantees to the final user that's why I think in the end those people at least who have a high level understanding how it works under the hood they will eventually say with uh D5 solutions especially once they give a similar UIUX experience as uh Texas do. Yeah, for sure. Thanks for detailed answer and um I totally agree that uh you know by statistics as we can see number of hacks in D5 are is decreasing and number of packs in uh CFI is increasing.

You can check the stats guys and some researchers on that. Yeah. So let's move to another question. So uh can please tell me about the most interesting or unusual challenges your team has solved uh while building Bloom. Yeah I I already told it in se several podcasts. I think just the the most uh unexpected for us was that kind of when in web3 world you don't don't have that much of high load a lot of back end is usually built by full stack engineers and you know so kind of you build the back end the same way you do the front end you can reuse some of the libraries uh on the back end and you you have this flexibility of choosing what you want to do on the front and on the back on the back end side And in our case, thanks God that we used the go language for the back end because obviously we didn't experience on the rise of tapturn games that we'll have this much uh level such levels of traffic that we did.

I I did even comparison at one point our traffic was comparable to Instagram traffic and like for a small team not size of Facebook or Instagram it was the biggest challenge that we did but I think what was surprising is that uh modern solutions for uh cloud providers um like uh different solutions for managing big clusters of um machines like Kubernetes etes and uh modern caches, cloud flare, um modern load balancers, they are really capable to be run by a small team and would withstand this amount of traffic. That that what's for me, I mean like I would say like back five years ago, I would never imagine that with this small team that we would be able to do this type of pilot. But these days, I mean, yeah, it can be done by a pretty small team. Um, and what's good for us is that that the infrastructure and um uh back end that we built kind of I think it was built for for ages like now we are not afraid of you know any high volumes of traffic. Yeah, it obviously it it puts a constraint that everything needs to be more thoroughly um designed, architected and built.

I mean, it's always easier to build like uh non- highload solutions, right? It's much faster. you can use more AI tools to do that. But like yeah, I discussed with something you you can't use five coding or AI tools to build high level solutions because it's like you outsource building your house to some engineers who just you know can do simple stuff and then this house will just fall apart, right? So AI is still not good at building high load. Maybe one day it will be good but these days. Yeah. So that's why it takes a bit of time to do it properly but like the end result is always what matters right. Yeah. Thank you a lot. Totally agree that uh AI for now has not enough capacities and professionalism in uh coding. Yeah. And there are a lot of bugs uh there. So maybe yeah one time uh it will uh be the best programmer but anyway I think uh when this time will come uh the progress will move faster and faster.

So it not uh AI does not economy us time it just uh move the race faster and faster and we need to use AI to be in one line with other guys who use AI. I have to say that we're not against I think I would say it's a good estimate that like 20 30% of our code is pay is built using AI or we're using AI to improve it right but I just I I want to say that like some people say that 100% of code can be built by AI that's that's probably true for some smaller applications but it's totally untrue but for beacon highload applications I think the the guy who invented this stupid name by holding you confirmed it on his Twitter that yes, he was speaking about simple applications, not about high load applications.

So, but eventually we understand the tools will improve and yeah, some people say that 50% of the code will be we'll see, right? So, we're not against AI here in this respect. would just say it has to be used smartly and for cases when it can be used and for complicated cases I still think AI won't replace human in the coming decade right humans will still be there you need at least operator of AI who does the yeah yeah prompt engineer will still be needed well okay uh let's discuss maybe the meme part So our meme talking launchpad in bloom and this was a stand stand alone product and this is it. So from a technical perspective, how complex would it be to build and integrate such a big tool uh and integrated in blue ecosystem? Uh I would say that the launchpad, the meme pad and even I would say the spot trading right the traditional spot trading are basically very very similar things.

I would say like if you can think about it, it's like 80% the same back end and front end logic for example like indexers they're basically the same that there are of course complexities especially with the launchpad and we know examples when tokens were launched um I would say uh not the right way and which led to financial losses. for example for early adopters and for early investors. I know several such cases and this was problem of uh improperly developed uh launchpads but I would say even considering this fact like 80% of the logic on the indexing part on the crafts part on the execution part it's really very very similar.

So in our case while we were building the beam pad basically we built the core of this logic right meaning that uh if we want the meme pad to expand to the launchpad basically in our case meaning that uh we would allow projects to launch uh the tokens not just on the bonding curve but on custom bonding curve or even without the bonding curves or for example we want to expand uh trading after the listing to other tokens like it's not a big deal right that's exactly one of the I would say I didn't mention it but it's one of the small products that we are finalizing now uh after maybe even before the perpetual change we'll just expand our launchpad to custom launches and to all the tokens for example in tonica system right uh the the only constraint that we have we don't want again we want to to stay a fully decentralized here.

We don't want any compromises by building uh execution uh like half decentralized way. We still want to stay fully decentralized, right? Uh that's the only concern. But I would say that this if you think about it's like 80% uh the same stuff on the back end and the front end 20% the small differences between the meme pad the launchpad the spot trading uh and uh everything in between like we discussed on RAM bridges all this stuff it just it's something that you add on top of this cake which just simplifies uh trading experience not you can think of it like nonp per right on purp trading experience where where you can launch the token, you can participate in some launch of other token in some way or you can just go and trade already launched tokens and to funny enough I would say that you can even think that uh most of this logic if it's done properly like in our case is also sharable between the chains right I would say 50 to 60% between the chains.

If you compare even such different blockchains like EDM and Salana and it's still more or less the same logic in terms of indexing in terms of execution in terms of uh the way you organize databases inventory and uh the charts all this stuff it's sharable right it's more or less just the blocks the transactions are a bit different the indexer is obvious obviously a little bit different but the pipelines s uh are more or less similar. That's why we see I think what I can predict and that's exactly where Bloom is going that we'll see more and more multi-chain solutions uh both in telegram in web in um mobile space and I mean not just but you know defi multi- chain that's the most kind of amazing part uh that is coming we'll see more multi-chain D5 solutions on the market Yeah, for sure.

Thanks for uh answer. And uh if we are talking about multi-chain and supporting of multiple chains, how we can exactly make decisions on which uh blockchain should we act next? And uh by the way, B&B chain is coming very soon in Bloom Trading B. So yes, this week. uh and uh yeah I I'd say it's obviously the number one is community requests and that that's what I think marketing and business team is looking in the first place number two I would say it just easy easiness of integration right so uh for example to give you example we have several requests for more niche chains but they like the tools right if we speak about Binance one chain or pays in this respect. They already have all the tooling, right? The scanners, the SDKs is properly tested. We're not the first uh to launch it, right? You know, the biggest pain is when you are the first to launch and you do all the testing for another product, right? It takes a lot of resources on our side, a lot of challenges and basically we're just helping another startup launch their product.

I'm not saying that it's a bad practice but I mean if we speak about the chains that's not something that you want to do. You want to enter the systems with already established community tooling uh launch products etc. Um but I would say I would say that I mean obviously there are big names like uh I I would say I I also have three categories. The one are obviously market leaders. Let's call them that way. That's obviously Salana, Ethereum, Binance, Smart Chain, Bon, all the big names. You already know them. Uh there are names that I would say are moving down.

Yeah, you also know the names. I've been speaking for years about these names. Cardano, Polka Dot, uh all these um kind of let's say uh products that didn't build this uh tooling and ecosystem around their projects which I think we shouldn't spend the time even integrating and I would say there are interesting names coming into the market right like small names I can name a few like I would say uh berry chain is a good example um mental hyperlquid right uh the hyperlquid it's a different animal so to say but again those are let's call them the uh thriving or blooming ecosystems on the market so I think uh our priority is the first uh type of uh chains but we also in communication with the third and I think we should still the second types of blockchains because I'm we're in the market like for for a long time like the whole team uh understands very well these three types of blockchains.

So I think that would be the major kind of uh priority in terms of uh which to integrate first and of course but still number zero for us is community request obviously. Yeah, Bloom is always about community. So thank guys for sharing your ideas uh how to make bloom better and we are hearing from you each time when we have AMA with uh some different team members. I hear that this is how our direction to hear community especially in design in some new features and token integration. So what what do you think if if I will ask you about uh let's maybe top three or top five potential chains in the future can we spoil or maybe just share your personal thoughts not the company ones which uh next chains uh can be integrated based on this all criteria maybe base maybe bar chain because of its innovation yeah but uh yeah let's decide is I would talking about the chains the like established ones so the first category or the third one which I mentioned the new coming so you more or both you want to hear about both or I can say for each category yeah I can say for each categories so for for the established ones I would say it's definitely BNB and again BNB are are obviously our good friends that's why they they're the first ones it's Salana Ethereum Uh I would say maybe it's sooie because sui is kind of very aggressively enter entering the market but you know the problem with sui it's kind of uh another language another indexes so all sui is more like I would say uh standing aside because it's a basically different protocol SDKs indexer everything so it it requires more effort in our side and of course I I still kind of I would mention Ton because Ton is obviously our good friends is our initial blockchain and we're going to stay true with Ton and support and I I really like um their road map for this year what they're doing in terms of products we are very complimentary to their ecosystem and yes tone is definitely in this list as for the new coming chains that's a more tough question so I'm afraid to name the the names but I'll name them but yeah kind of I just don't think about that we're gonna uh kind of integrate them uh tomorrow right so obviously we are looking at hyperlquid but basically just to extend our inventory of trading traded instruments though as I said we are launching our own own per decks but we we still think that some of the interesting liquidity might be on the hyperlquid still, right? So, we're looking definitely at them.

Yes, we talked to Near uh we talked to Mantel, I would say. Uh we talked to Berry Chain guys. Um what else? I named four. Um and probably I would say the fifth would would be some AI chain. I don't know who will be the leader in the space for now. I think uh the leader is kind of worldcoin I would say but I don't believe that they're going to deliver something to be honest virtuals is like number two benzor is there but kind of I have doubts about this AI chain still I'm not sure they figure out their business model and their kind of value proposition for the end users but probably will see some strong player in this market this or next here I would say so I don't want to name or to give credit to any of these chains so we'll see who will who will be kind of will take the major market share in AI blockchain space but yeah I think that there will definitely be one or two strong players in this market okay thank you Vlad for sharing your highlights and opinion that's interesting for community okay I think we have uh one last question before we move to questions from the community.

Let's make it personal. So, what makes your work at Bloom exciting and for you personally as a CTO? And uh can you share any favorite moments or breakthrough during your working process? Uh I mean it's really simple and I would say that it's would be even my advice to all the builders and developers and in any roles. I basically I'm building the product for myself. the product that I want to use myself on daily basis and obviously I'm not happy with those. I use used and still use a lot of different products and G5 space, C5 space etc.

But I think that Loom has a special um place in this kind of world where I we can kind of yeah what everyone says bringing web two and web three world together but that's very abstract. I would say more closely bring bringing CFI and DI together but again that's also too much abstract but basically in the end of the day it it's really is it the product that uh members of the bloom team use themselves and are glad to use and you know report the bugs do the improvements think about the product um I think that's the main challenge right and that that's where the answer lies and for me bloom is definitely the product I would I'm using on daily bas cases and that's why I I want to see myself and I see myself as an average Bloom user and that's why it I'm thinking all the time what can be improved how how it can be improved how it can be done better that's that's my main motivation but I think that's a good motivation for any builder in in in be it startup or established company if you're really thinking and kind of you know uh a little bit sick maybe even about your product that something is not right you want to improve something then it's a good sign that you are in the right place yeah for sure totally agree and this not only about development but I think about the whole team if you support the values of the project and if you use this product on daily basis you're this is logical that you like what you're doing and uh support the project and uh have more motivation to participate in all the growth of the project and so on.

Okay, thank you. So u the let's move to community questions. We have a lot of them. Um first question is about from say and uh will the tickets be converted or burned? And this is about drop mini game. As you guys know, uh we uh announced it uh today that uh Bloom Mini game will um be shut down in six days on my 13. So when you have uh if you have some free tickets in the game, uh please use them. And uh uh for now, I think it's better to use them. And uh I don't have any additional information for now that they can be converted on board.

So yeah, let's use this time to boost your score. Next question. Yeah. Yeah, I I can give some insights on this. Uh first of all, we're going to drop the game for uh the Bloomoints, right? And but eventually I think what and we don't yet have the final decision but it seems so that we'll return the game for future air drops right because we'll already use this mechanic to do the air dropping and I think it's fun.

So I would say that now we drop the game for the blooms points and but later on in some way we'll return it for the drops because basically I think it's a great mechanic for doing the dropping and with all this antisible that Sergey talked last time or the previous time mechanics we can uh pretty much uh do most of the air drops using the gate. That's the first thing. The second thing that the Yeah, we have several ideas for doing retro drops for active users. I would give some secrets that we already have couple partners that will be doing some kind of drops based on not not not on the blue points on the me points but on number of games the number of tickets that person has number of games games that person played. So I think uh what's great about the tickets in the game it's a very good mechanic for retro dropping something not just the new drops but also for retro drops. So I think that's why uh just not to spoil you know uh the names and the projects but I can say for sure that we are working with couple now and we want to just wanted it to be a surprise but okay if the question uh if you had the question then it's not more it's not surprise anymore.

Okay, thanks. And I think there will be a legendary return of the game. So if it's not on daily basics and accessible and available not uh 247, so this legendary return will have more active from our community and players and this will be great mechanics and uh great time to enjoy this game with some better benefits and rewards. Okay, thanks. Uh let's go to another question. Um like uh why sometimes release date changing? I mean maybe this is about uh some releases of uh our main features or future plans. Yeah, I would say it it depends. So in some cases like most of the cases if we are dependent on someone else's infrastructure uh for example like on ramp off ramp solution right sometimes yeah it works perfectly sometimes even the the best solutions on the market they kind of might postpone either signing the contract or giving us the production keys yet.

So basically I would say that for example with on RAM solution we could have easily launched like couple weeks ago but then there was a lot of paperwork then the keys then the security checks all this it took two to three weeks just you know to sort sort it out on this level I think that this is kind of uh the biggest type of uh delays uh uh another uh type of delay I would say when we used for example with multi-chain stuff we were looking at four or five different solution right we we eventually kind of took not I would say we took a good solution right we started developing with it because we relied on one external team but as I told in the beginning sometimes young the best products they're young products they they're not kind of well tested etc and this team started to postpone the release of their SDK and then later on they postponed it for a couple months but they came back and said okay it's ready you can be one of the first to integrate it and we had to like redo the whole pipeline of what we not the whole maybe but like 50% of what we planned uh we had to redo it from scratch because this is what like number one solution that we wanted to integrate and yeah we had to make make a very hard decision that we have to throw some of the work that has been done for the best month just in order to get the best solution on the market in our in our opinion.

That's why and in the end the third I would say a perpetual is a good example this solution led to the delay in the perpetuals because building like at first we thought for example with perpetuals it will be more centralized like maybe late last year early January we thought okay let's do it just centralized fashion etc but then kind of we thought a lot about it and decided that you know we have to stay true to our goals, right? Uh and not use any centralized solution even if it they look like they're centralized but in reality someone would eventually understand how it works on the wallet side on the back end side and come to us and say you are just you know you're using centralized solution. We decided no we'll better postpone and take the best G5 solutions but do it the proper way and stay true to our goals right staying what we discussed in the very beginning right making this new CD5 instrument on the market we don't want to be yet another exchange we want to be something fresh and new right I I would say these three types of delays are the most uh popular sometimes of course we evaluate we think something is simple Well, we we think we can do it in weeks and it takes months.

Yes, this mistakes happen as well. But I would say uh at this stage that the team is very experienced. Most of the guys like are have experience of more than 10 years in their own fields. So I would say uh this mistakes are rare. Most of the mistakes they are on uh either product side where we uh correctly don't evaluate what uh we want to get in the end or our partners which delay uh signing documents providing necessary environment that unfortunately yeah like any big company we rely a lot on on different providers right we can and I would say thanks god that we don't try to build everything inside like many companies do uh especially Chinese one, right? This is a very common mistake trying to build everything from scratch inside, right? We we we just try to work with the best partners. But the downside of it that sometimes they deliver something slowly than we expected them to. Yeah, for sure. Totally agree. But uh it's better to contact uh the professional team to integrate some than to uh build it from scratch without uh not enough expertise on this.

Okay, let's go to the next community question. I see uh Cozy [ __ ] asks us what's importance of daily strike in Bloom app. What do you think? I would say uh you'd be surprised but this is uh one of the core metrics that we use for now just for we're going to use it for TG uh but but we won't use it like to understand whether you're eligible and not eligible it will affect I think is one of the coefficient for the number of tokens that the user multipliers right yeah like a multiplier exactly and But as with uh as with um tickets, I think eventually in my opinion tickets and daily chickens and uh general activity are top three criterias for future air drops. So I mean because obviously it's hard to fake in the first place. It takes a lot of time and effort.

It's like I call it it's like a proof of work, but not in Bitcoin, but in Bloomcoin, in Bloom style. Uh, and it's hard for bots, especially thanks to our anti-LE mechanics, to kind of fake it and, uh, get some, you know, um, drops either from us or our partners. So again like it's hard to say now and I I want I don't want to give any kind of uh promises how it will be used. I I don't know myself, but I obviously see that for our drop and for future drops and retro drops, we'll be using tickets, daily chickens, and general activity in the app as one of the main criterias for either eligibility or multiplier. Yeah, for sure. Thanks for sharing. from my side, from the community, um I think I want to add that uh airdrops were all about active users and uh yeah guys we see your activity if you visit our application each day each time in a row and uh make activity in onchain and offchain.

This really like this is the best proof for us that you're interested in our project yet that you support us not only one one day and to have some benefits but uh you're interesting in about whole idea of project and uh daily visiting and you're spending a little time of your of your daily routine each time to support that this is really important for us okay I think uh one of the last questions is uh maybe let's let's discuss TG um I mean about from the technical side yeah and maybe about uh steps we should we should uh achieve before the before telling the final date so how we are working on that right now and uh which steps are like still to do if it's not a secret uh I would say that the TG itself is not very different of any tokens that we launch in our platform and we did I think several launches and we have several in pipeline both for launching through bloom and for airdrops in future and uh so I would say that it's not that much different technically uh the TG itself uh I would say what's different is that of course we want to launch before TG as many products as possible so that kind of because obviously our users they very well understand our road map.

They use our product, they give the feedback, but the new users that going to come after the TG obviously they will come they usually you know um they look at what you already have to at the moment of TG that's how they judge you that's how they kind of decide whether to stay uh within the product and community or go away right so uh I would say that that that's why I think that this month maybe even June will be the toughest month in terms of development for the whole team whole team is working 247 and because everyone understands that everything that will be delivered before TG will be kind of associated with bloom during the TG but uh again the plants after TG are also kind of uh big and uh evolving I would say and I mean there's lots of exciting stuff that we obviously we won't have time and capacity to build before the TG but we want uh at least to give a better a more dynamic road map that's one of kind of my big uh personal projects inside Bloom that on the new website that we just recently finished before TGE we're planning to finally do the dynamic road map where we'll be uh more often giving uh estimates uh and updates on what we are building uh just for the community and for the new users to understand what's the plan for the next quarter and next month.

Yeah, this will be really useful and I wanted to add from for the community that uh uh TJ is a big process of not only listening our coin but uh to make things um different like uh to to distribute the eligibility checker to define the drop criteria. Yeah, we shared the minimal ones. Yeah, but we need to think about multipliers and we need to do it uh seamlessly. Yeah. To provide guys uh the best of payment experience for the claim function to check eligibility and so on. a lot of calculations and stuff are going well and we are working and uh the the next thing that uh it's really important that uh before TJ we need to have a lot of connections a lot of uh uh discussions with exchanges to appear on them because this is the the big step and it takes time uh also and uh yeah finally this is really big milestone and very important milestone for us at Bloom but uh uh mainly we want to continue our journey and continue building our products.

So this is not the final stage as for a lot of projects uh who are doing TG air drops and so on. This is some kind of expected metrics from us but this is the milestone not not only the finish line I think one of the first lines in our big journey to develop the best trading solutions for you. Uh yeah, exactly. That's a very good point. That's a very good point. So I think uh we are coming to an end. I have the final words. Maybe from your side, you want to add something in the end? Yeah. No, I just want to thank the community. I'm glad that my team start coming to the sessions.

We get a lot of positive sometimes negative feedback but it's all important to us because you know uh we bridge this gap sometimes uh existing gap between what we are building and for whom we are building right we want we want to share our interesting ideas but and what we found interesting on the market and what we want to integrate but we also want to get like uh feedback from you guys and just listen to you and sometimes good thoughts come from community as well from internal team and that's why I would say let's just build the best product together and keep going. Yeah, let's build. Okay, I have one u outro with a a few initiatives as well. So, first of all, big thanks to Limer for joining us.

Uh Madame is our CTO and co-founder just for to remind you and thanks for sharing all those insights from the tech side and of course thank you guys uh to everyone who watched sent your questions uh yeah so uh the last announcement from our side that uh please remember that we have mead token creation initiative so this works in this way that you launch your token on bloom mead and if uh total market cap. Can I can I just say bye to everyone and running? Yeah. Yeah, sure. Thank you, man. Thank you everyone. Thank you guys. Okay. And uh yeah, just a few words in the end that uh we have the meme token creator initiatives. Yeah. It allows you to launch your tokens and if uh your launched meme token will pass the milestones and the numbers, you can get that guaranteed price. Uh for example, like with uh FPA bank as you know uh the guy who launched it uh won 300k USD from our side and we also have uh good prizes in USDT and cars. different cars including Columbbo ones. So yeah, please uh do it uh connect with your active community and so on.

And uh the second announcement I want to share with you also that uh we recently used uh the contest for uh meat streamers. So as you might know guys, you can launch your meme online and during the live stream and uh we have uh an ongoing contest during one month. Yes. Started uh from yesterday. So please check all our socials and uh it's easy. You can just uh launch your stream and get reward in USDT and some prizes. Uh we have all the step by steps uh instructions for you how to set it up easily. Yes. So let's uh make more content for community and win a lot of benefits and rewards from the Bloom site. And of course u just one last time B&B chain is coming in bloom trading bot uh this week and uh please look for announcements and we will have the immediate contest uh with benefits for trading on B&B chain using bloom products.

So let's uh stay tuned and uh watch our social announcements. I want to tell thank you guys. Uh we're 7,000 uh people now and uh thank you for time. Maybe one last question from your side. Uh let me check the chats. If we're talking about listen guys uh as we discussed we have current plans uh TD during this spring. Yeah. And please follow our announcements. We had all the criteria and uh steps how to achieve. We still have time to uh pass the minimal art of criteria. We have all the instructions in our social media to help you pass this. It is really not so hard to achieve minimal criteria of meme points and we have a big thread on this and uh yeah as you can see we move step by step and going closer to TG and we need to be like professional in these days.

Yeah. To provide the best experience. So please follow our social media and um yeah I think uh one last question from Ibraim. I have already launched uh token and how can I move it to text on meme pad? I think uh uh you can uh create your token on mead from the scratch. You can create a new one and uh if you have another uh a lot of volume it automatically moves to dex. Yeah. So guys, I see a lot of questions. Uh please uh contact us uh via social media. We are ready to support you, to answer you. So let's chat there. And uh yeah, thank you for attending. See you next week. Bye-bye..

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