Pump.fun has recently taken significant actions, officially spinning off the investment department Pump Fund, which seems to be aiming to make real efforts in ecosystem support. They organized a $3 million public hackathon, and the scale alone shows their sincerity—directly investing $250,000 into each of 12 projects, with target project valuations all above $10 million. More importantly, the founders will personally get involved in guidance, which for startups is not just about funding but also about resource and experience sharing. This kind of long-term partnership approach can indeed create a competitive edge in the current Web3 ecosystem.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
DisillusiionOracle
· 21h ago
3 million invested in a hackathon? This momentum doesn't seem like a bluff; I'm just worried that once the money is in place, people will run away.
View OriginalReply0
TokenDustCollector
· 21h ago
Investing 3 million USD to harvest a wave of quality projects—basically, it's still a game of chess.
View OriginalReply0
RooftopReserver
· 21h ago
Wow, pouring in $3 million directly is really bold. But to be honest, whether this approach can truly boost the ecosystem depends on how they follow up later; otherwise, it might just end up as an empty promise.
View OriginalReply0
NeverPresent
· 21h ago
Hmm... This round does have some substance, but to be honest, it's still just burning money to gain loyalty.
Pump.fun has recently taken significant actions, officially spinning off the investment department Pump Fund, which seems to be aiming to make real efforts in ecosystem support. They organized a $3 million public hackathon, and the scale alone shows their sincerity—directly investing $250,000 into each of 12 projects, with target project valuations all above $10 million. More importantly, the founders will personally get involved in guidance, which for startups is not just about funding but also about resource and experience sharing. This kind of long-term partnership approach can indeed create a competitive edge in the current Web3 ecosystem.