Blum: A Masterclass in Community Disappointment
Blum came in hot — promising decentralization, fairness, and a new chapter for DeFi-native trading. From the start, it positioned itself as the people’s exchange, with whispers of a groundbreaking airdrop and strong community incentives. Hype? Delivered. Expectations? Sky-high.
But when the time came to reward the early believers — the ones who shilled, tested, invited, and stuck around — Blum fumbled.
The airdrop was underwhelming. Worse still, the distribution model ignored the real community builders and tilted heavily toward whales and opportunists. Many users who genuinely engaged from Day 1 got peanuts, while bot farms and high-volume manipulators feasted.
No clear roadmap. No transparency. And most painfully, no acknowledgment of the disappointment echoing across social platforms.
In a space where trust is already fragile, Blum reinforced what many fear: some projects are just here to farm users and exit with clout.
People didn’t just want tokens. They wanted to believe. They wanted a win in a space that's grown cold from too many rugs and broken promises.
Now? Many are walking away. The narrative has shifted from “Blum is next” to “Blum is just like the rest.”
This was more than a failed airdrop — it was a failure of trust.