Pump.fun has announced a $3 million hackathon, introducing a novel approach where market performance determines winners. The event, which features no judges or specific themes, will award $250,000 to each of the 12 top-performing projects based on their token's market success. Participants must issue their own tokens, with teams required to hold at least 10% of the token supply and actively engage with the community through live streams. The hackathon aims to foster innovation beyond meme coins, encouraging projects in AI, prediction markets, and privacy. Notable entries include Lumen Frankenstein ($LUMEN), Hyperscape ($GOLD), and PUMPCADE, each bringing unique propositions to the competition. Pump.fun will acquire the winning token at a $10 million valuation, providing ongoing support to the successful projects.
Pump.fun Launches $3M Hackathon with Market-Driven Selection
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