Polymarket、Delphi Digital、Pantera加入Pump.fun 300万美元黑客松“Build in Public”

January 29 News, Solana ecosystem meme platform Pump.fun announced the launch of a $3 million “Build in Public” hackathon, inviting senior executives and investors from multiple crypto institutions such as Polymarket, Delphi Digital, Pantera Capital, and others to serve as advisors. The program centers on the logic of “validate the market first, then bring in capital,” encouraging founders to demonstrate product value through transparent development and genuine user behavior.

This event is open to teams at any stage, from concept prototypes to launched products. The official disclosure states that the application channel opened on January 19 and will close on February 18, with some projects potentially receiving funding support before the deadline. Pump.fun hopes that by openly sharing product progress, user data, and market feedback, truly promising projects will stand out naturally.

Unlike traditional accelerators, advisors are not judges or scorers but market participants. They will openly interact with projects, provide strategic advice, and help outstanding teams gain more exposure. In addition to Polymarket, Delphi Digital, and Pantera Capital, the advisor lineup also includes executives and partners from various crypto venture capital and infrastructure companies. The platform emphasizes that the final “selection mechanism” is not an internal review but the market momentum formed by user activity, trading heat, and community consensus.

Pump.fun co-founder Alon pointed out that current AI tools significantly lower the barriers to software development, but early-stage funding remains difficult. Instead of relying on closed-door roadshows, it’s better to impress the market with the product first, then let capital follow genuine growth. Delphi Digital co-founder Anil Lulla also believes that directly obtaining feedback from users can better test the long-term viability of projects than traditional fundraising narratives.

In terms of funding structure, this hackathon will distribute a total of $3 million worth of tokens to 12 selected teams. Participants are required to issue tokens on Pump.fun, retain some shares to align interests with users, and continuously update development progress. Projects are divided into three stages based on maturity, covering prediction markets, DeFi, trading tools, developer infrastructure, and on-chain AI applications. The official states that they have already received numerous applications from different tracks, demonstrating the attractiveness of the “Build in Public” model in the crypto startup scene.