Pump.fun has announced the creation of Pump Fund, an investment division aimed at fostering startup growth within its ecosystem. The fund's inaugural initiative is a $3 million BiP hackathon, which will see $250,000 invested in each of 12 selected projects, valuing them at $10 million each. In addition to financial backing, Pump.fun will offer guidance from its founding team to support the development of these projects.
Pump.fun Launches $3M BiP Hackathon to Boost Startups
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