Pump.fun: Establishes Pump Fund and launches BiP Hackathon, will fund 12 projects
According to Odaily, Pump.fun announced on the X platform today the establishment of the Pump Fund. The fund aims to promote the development of the Pump.fun entrepreneurial ecosystem by establishing long-term partnerships with projects. The first project of the fund is the BiP Hackathon, which will provide $250,000 in funding to 12 projects at a $10 million valuation, as well as guidance from the Pump.fun founders and other support.
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