Gem Hunters × Blofin
Growth Partnership · Diligence Pack · July 2026

Five answers, verified

The five items requested for the term-sheet phase, answered with figures pulled live from the Blofin affiliate API, the signal-grading engine, and the funnel tracking stack. Nothing below is a projection unless it is labeled as one.

Item 02 · Verified numbers

The proof, pulled live

Every figure in this section reads from a live system: the Blofin affiliate API, the internal grading engine, and the funnel tracking stack. Row-level data for all of it is available under diligence.

61,280
Blofin signups, all-time
Blofin affiliate API, live pull July 2026
$3.28B
Trading volume routed to Blofin
Lifetime, Blofin affiliate API
$1.04M
Cumulative commission
Lifetime totalCommission, Blofin API
3,423
Activated traders
5.6% of signups became traders
$16.96
Commission per signup
Blended lifetime average
$303.71
Commission per trader
Blended lifetime average
70.8%
Win rate, all graded calls
1,409 graded · 997 W / 412 L
$18.3K/mo
Trailing 30-day commission
With distribution idle and zero ad spend
The track-record story is consistency, not spikes. The win rate has held between 70% and 72% for three consecutive years across 1,409 graded calls, through a full market cycle including the post-ATH cooldown. Signal quality never varied. Distribution intensity did. Distribution is exactly the variable this partnership funds.
Track record, engine-gradedCalls gradedWin rate
202424672.0%
202589270.7% (71.5% alpha-only)
2026 YTD27069.6%
Gem Alpha, all-time19174.3%
Degen / Meme, all-time87671.6%
Leverage, all-time19567.2% (73.9% in 2025)

Grades resolved on a locked 30-day window by the internal engine, cross-checked against the manually graded master database. Full call-by-call export (entry, targets, outcome, timestamps) provided in the diligence data room.

The ledger proves the thesisNew signupsBlofin commission that month
Feb 2025 (founder launch month)47,352$28,401
Jul 2025 (cohort compounding)1,590$151,089
Aug 20251,629$121,133
Dec 2025 (distribution idle)68$33,034
Full-year 2025~60,200$803,597
2026 Jan to May, distribution still idle~1,000$188,817

Signups lead, commission follows: the February 2025 launch cohort compounded into a $151,089 peak commission month five months later, then decayed as distribution stopped. Commission is a lagging function of distribution intensity, which is exactly the variable the committed budget makes constant. Monthly series from the master KPI ledger, free referral code; reconciles to the Blofin API lifetime total.

The premium book

The second revenue engine, from the membership ledger. Sold as annual memberships at 1 ETH, paid overwhelmingly in crypto: 977 of 1,072 lifetime payments settled in ETH.

$2.96M
Lifetime premium revenue booked
1,072 payments, membership ledger
$305.8K
Peak month, Sep 2025
Membership ledger, monthly bookings
314
Active premium members
Live membership status
$3,326
Average revenue per customer
891 lifetime customers
Combined lifetime revenue across both engines: roughly $4.0M ($2.96M premium bookings + $1.04M Blofin commission). Both engines decayed on the same curve for the same reason: distribution went idle after the February 2025 push. Signal quality held at 70%+ throughout. Fund the distribution and both engines restart against a rebuilt, instrumented funnel that did not exist last cycle.

Deal structure

Blofin takes an equity position in Gem Hunters and commits a contractual growth budget. Founder retains equity and existing revenue share. Exact split, valuation, and terms developed jointly in the term-sheet phase.

Brand-owned audience

40,000+ free Telegram members, a verified brand X account, a 79,669-contact CRM with a live 14-email deposit-geared nurture, and a premium Discord at 1 ETH per year. Attached to the brand, so it transfers with the asset.

One push did this

47,352 signups landed in February 2025 alone, from a single founder launch with light follow-up. No funded budget, no KOL network, no paid engine. This pack is about putting that engine on a monthly cadence.

Item 01 · The team can deliver

Who executes

A trained, mission-loyal operating team that already runs the system day to day, plus the two roles the budget adds. Oversight and coordination sit with Blofin.

Blofin / Oversight

M
MattCEO, Blofin. Deal approval and strategic oversight
B
BenDeal lead. Partnership structure, reporting interface, diligence
BL
Blofin representativeExchange-side coordination: referral data, OAuth integration, co-marketing

Gem Hunters / Operations

V
VictorCEO. Product, funnel and automation systems, budget owner, monthly reporting to Blofin
CD
CryptoDataCOO and right hand. Discord, the analyst bench, X content, runs the automation stack. 140+ logged livestreams
LB
Luke BelmarFounder and face. Contracted anchor content: tentpole posts, endorsements, campaign launches on a scheduled cadence
K
KincadeFree-group operations and community
SM
Smart Money CryptoSenior analyst. 55+ logged livestreams, active daily in gem-alpha and leverage-alpha
0x
0xnSenior analyst. 50+ logged livestreams, leads the memecoin-alpha desk
+
Analyst bench and mods16 internal analysts, 372 logged livestreams. Seven callers verified active in the alpha channels this month (July 2026): Kincade, 0xn, Smart Money Crypto, CryptoData, Tymbouk, Rick, Johnny. Expanding by 2 to 4 vetted professional traders under this plan
Proof of execution, shipped before asking for a dollar: the homepage-to-free-to-paid funnel was rebuilt, conversion-optimized, and instrumented end to end in the last 30 days at Gem Hunters' own cost. Payment flow fixed for both card and crypto. A 14-email nurture geared to Blofin deposits is live. The free-group content engine now runs on live market-data APIs. Demo links available on request.
Item 03 · Budget diligence

Where every dollar goes

The committed budget per the proposed structure: $75,000 per month, roughly $900,000 per year. Output-directed: every line maps to an owner, a deliverable, and a metric reported to Blofin monthly.

LineMonthlyOwnerWhat Blofin gets
Paid traffic investment$41,000Growth teamTraffic to the free group, with creative testing, targeting, and CAC discipline managed in-house. Target $3 to $8 per join; cost per Blofin signup, deposit, and first trade tracked weekly
Pro trader expansion, 2 to 4 hires$16,000CEO + COOMore verified calls: gated copy-trading teasers in free, full access in premium, personal onboarding to copy-trading on Blofin
Head of operations$7,000CryptoDataRuns Discord, the analyst bench, and the automation stack day to day
Community and free-group ops$4,000Kincade + modsFree-group management, moderation, engagement
Content and automation infrastructure$2,500EngineeringMarket-data APIs, automated graphics and post engine, tracking stack
Creative production$2,500ContractAd creatives, campaign assets, video clips for paid and organic
Testing and contingency reserve$2,000CEO, reportedNew channel tests. Unspent rolls forward
Total committed$75,000~$900,000 per year of guaranteed, output-directed distribution

How money flows

Blofin commits contractually on a 12-month term. The Gem Hunters operating entity deploys; the growth team and COO execute; the CEO signs off weekly. Team compensation actuals are provided in the diligence data room.

How it is reported

Monthly written report: spend by line, free-group adds, Blofin signups, deposit rate, volume and commission generated, CAC against target. The tracking stack is already live, so every dollar is attributable.

How it rebalances

Quarterly: winning channels get more, losers get cut, with Blofin in the room. The reserve line funds new-channel tests without touching proven spend.

Item 04 · The detailed plan

The roadmap

Five phases. The first is already shipped, which is the point: this team builds first and asks after.

P0
Shipped

Rebuild the machine Shipped

  • Homepage to free to paid flow rebuilt and conversion-optimized
  • Payment flow fixed for card and crypto, the biggest leak in the old funnel
  • 14-email nurture live, early emails geared to Blofin deposits
  • End-to-end tracking on every funnel step, plus the live call-grading engine
P1
Weeks 1 to 4

Automate the free group In progress

  • Live market-data content engine: automated daily graphics and posts, replacing manual posting, targeting roughly ten times the current cadence
  • OAuth signup integration with Blofin so users never leave the funnel
  • Deposit and trade activation focus: every funnel step, nurture email, and gated copy-trading mechanic tuned to Blofin deposits and first trades, not just signups. At $303.71 lifetime commission per activated trader, activation is the highest-leverage variable in the whole system
  • Automated research and post pipeline for the premium group
  • Budget contract signed, funds flow begins
P2
Weeks 3 to 8

Paid traffic and recruiting Next

  • Paid traffic investment goes live: first campaigns running, CAC baselines established per channel
  • Recruit 2 to 4 professional traders from a pre-researched top-trader pipeline, each vetted with the internal track-record verification protocol before any offer
P3
Months 2 to 4

Full cadence Next

  • Paid traffic scaled against proven CAC
  • New traders' calls gated into the free group as copy-trading teasers; full access in premium
  • Personal copy-trading onboarding for every premium member: member profits, Blofin gets volume, the brand earns commission
  • Founder tentpole campaigns amplified through the network on schedule
P4
Months 4 to 12

The flywheel Next

  • KOL recruitment: solo creators plug into the ecosystem, their volume routes to Blofin under the umbrella deal
  • Counter-cyclical recruiting while quiet markets squeeze solo-creator overhead
  • Academy and premium tier compounding on top of funded distribution
  • High-ticket tier launches above premium once premium closing is fully automated: a top rung on the value ladder (free group, premium at 1 ETH, high ticket), sold to proven premium members. Highest-intent buyers also carry the largest Blofin deposits
Operating cadence: weekly growth standup (CEO + COO + growth team) on spend, CAC, deposits, and trade activation. Monthly written report and a 30-minute review with Blofin. Quarterly budget rebalance and roadmap checkpoint with Matt and Ben.
Item 05 · Expected results

Three scenarios, modeled honestly

Twelve-month horizon against the $900,000 committed budget. Anchored to verified unit economics: $16.96 lifetime commission per signup, a 5.6% signup-to-trader activation rate, and $303.71 commission per activated trader, implying roughly $24.20 of lifetime trading fees per signup at the 70% commission rate. Assumptions are labeled. The model is designed to be finalized jointly against Blofin's referral data.

Bear
~19,200
signups per year

Sustained downturn. Blended cost per signup $30, per-signup lifetime fees $18. Roughly $345,000 of cohort fees against $900,000 of spend. It does not pay back on year-one fees, and this model does not pretend it does. What it buys: the cheapest attention prices of the cycle, counter-cyclical KOL recruiting, and a machine at full cadence the day the market turns.

Neutral
~36,000
signups per year

Sideways with volatility. Cost per signup $18, lifetime fees at the historical $24 average. Roughly $864,000 of cohort fees against $900,000: breakeven inside 12 months on fees alone, clearly positive over the cohort's full life as fees keep accruing in months 13 to 36, with the audience asset retained permanently.

Bull
~120,000
signups per year

Next cycle leg up. Cost per signup $10, per-signup fees $35 as volatility lifts volume, founder tentpoles compounding. Roughly $4,200,000 of cohort fees against $900,000 of spend: about 4.7x on the budget in referral fees alone. Launch-scale velocity on a repeating cadence instead of a one-off.

12-month outcomeBearNeutralBull
Blended cost per Blofin signup (paid)$30$18$10
Total signups per month~1,600~3,000~10,000
New signups, year one~19,200~36,000~120,000
Lifetime trading fees created for Blofin~$345,000~$864,000~$4,200,000
Multiple on the $900,000 budget, fees basis0.4x~1.0x~4.7x
Commission to Gem Hunters at 70%~$242,000~$605,000~$2,940,000
Free-group adds from paid, at $3 to $8 per join50,000 to 130,000 per year across scenarios, plus viral spillover in bull
Bear
$0.35M
Neutral
$0.86M
Bull
$4.20M

Lifetime trading fees created for Blofin per scenario, year-one cohort. Referral fees also understate Blofin's full economics: the 70% share applies to the commission-eligible fee pool, and exchange-side revenue beyond that pool accrues entirely to Blofin.

Not modeled, pure upside: the high-ticket tier planned above premium (Phase 4), incremental KOL-umbrella volume, and academy revenue. The scenarios above stand on referral economics alone.

Four calibration inputs from Blofin's data team turn these bands into a payback schedule: 1) deposit rate of the existing Gem Hunters cohort versus Blofin's average referral cohort. 2) ARPU and monthly fee curve of a funded referred user over months 1 to 24. 3) per-signup value by cohort month across 2025 to 2026. 4) Blofin's internal paid-acquisition CAC benchmarks, so this budget's targets beat what Blofin can buy directly.