PumpFun officially announces the launch of a new round of ecosystem support. The platform has established a dedicated investment fund, Pump Fund, and also launched the Build in Public Hackathon with a total prize of $3 million. This plan is quite substantial — each of the 12 selected projects will receive $250,000 in funding, corresponding to a $10 million valuation. Projects wishing to participate must meet three conditions: they must issue tokens, actively build the product, and hold at least 10% of the total token supply. This mechanism not only lowers the funding threshold for startups but also ensures the team's long-term commitment to the project.
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Blockchainiac
· 01-23 03:09
3 million USD invested here? Come on, it's just another new trick to harvest the little guys.
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DaoResearcher
· 01-22 03:37
According to the economic model in the white paper, this 10% token lock-up design actually addresses the issue of incentive incompatibility, but I have to say—what truly tests is the execution capability of subsequent governance proposals.
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ForkTrooper
· 01-20 03:52
$250,000 directly in hand? But you really have to do something. Don't even think about just air coins. PumpFun is serious this time.
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StableCoinKaren
· 01-20 03:48
250,000 USD is directly thrown in; this time it's not a joke coin game, we need to create something real. It's quite interesting.
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BlockchainBouncer
· 01-20 03:44
3 million USD invested, is that all? Feels like the threshold is still a bit high; not everyone can hold 10% of the supply.
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TestnetFreeloader
· 01-20 03:30
A project costing 250,000 dollars sounds good, but that 10% token lock-up condition is a bit harsh... The team really has to believe in themselves to go for it.
PumpFun officially announces the launch of a new round of ecosystem support. The platform has established a dedicated investment fund, Pump Fund, and also launched the Build in Public Hackathon with a total prize of $3 million. This plan is quite substantial — each of the 12 selected projects will receive $250,000 in funding, corresponding to a $10 million valuation. Projects wishing to participate must meet three conditions: they must issue tokens, actively build the product, and hold at least 10% of the total token supply. This mechanism not only lowers the funding threshold for startups but also ensures the team's long-term commitment to the project.