Pump Launches Pump Fund to Support Early-Stage Token Projects

Pump, a Solana-based meme coin launchpad, has introduced the Pump Fund, an investment initiative worth 3,000,000. This fund will support 12 early-stage token projects through the Build in Public BiP Hackathon, providing each project with 250,000 at a 10 million valuation and mentorship from Pump founders.
To qualify for funding, projects must launch a token, build a project, and retain at least 10 of their token supply. They are also required to build in public by posting on X, forming a community, and streaming on Pump. The funding is market-driven and subject to token launch jurisdictions and platform terms.
FAQs
- Who can apply? Projects that launch a token, build a product, and retain at least 10 token supply.
- How much funding does each project receive? Each of the 12 winners receives 250,000 at a 10 million valuation.
- What activities are required? Posting on X, forming a community, and streaming on Pump are highly encouraged.
- Are there jurisdictional limits? Participation and token launches remain subject to applicable laws and platform terms.