From release rules to sales purposes, the sales details of the pump.fun token have been announced.

CN
7 hours ago

Token economics, token release rules, KYC, use of token sale proceeds, sales restrictions in certain regions…

Written by: KarenZ, Foresight News

The long-awaited ICO of pump.fun, which has been labeled as "the last cut," has finally been confirmed.

On the evening of July 9th around 22:00, the official pump.fun announced that the PUMP token sale will commence on July 12th. Prior to this, platforms such as Gate and Bybit had already released the sales pages for the PUMP token.

PUMP Token Economics

PUMP is the utility token for the Pump.fun token launch platform and exchange platform, and future considerations will include fee rebates, token buybacks, or other incentive mechanisms. The maximum supply of PUMP is 1 trillion tokens, with the following specific allocations:

  • 33% will be sold in the initial token offering
  • 24% allocated to community and ecosystem programs
  • 20% allocated to the team
  • 2.4% for the ecosystem fund
  • 2% for the foundation
  • 13% for existing investors
  • 3% allocated for live streaming
  • 2.6% for liquidity + exchanges

How are tokens released?

According to the PUMP release schedule, tokens allocated to the team (20%) and existing investors (13%) will gradually unlock starting from July 2026; the portion allocated to community and ecosystem programs (24%) will gradually unlock from the first day of the token issuance and will be fully allocated by July 2026; other allocations for ICO, liquidity + exchanges, and the foundation will be fully unlocked on the first day of the token issuance.

The community speculates that the reserved 24% of tokens for community and ecosystem programs may be used for airdrops. In the token release schedule, a portion of the tokens allocated to the community and ecosystem will unlock once the issuance revenue is fully unlocked, with the remaining portion gradually released.

Core Information on the Initial Token Sale

Initial Token Sale Ratio and Channels

33% of the total supply is allocated for the initial token offering, which includes:

  • 18% for private sales exclusive to institutions (fully allocated);
  • 15% for public sales, which will be conducted simultaneously through the pump.fun official website and 6 centralized exchanges, including Bitget, Bybit, Gate, Kraken, KuCoin, and MEXC.

Sales Terms and Pricing

  • The private sale and public sale are uniformly priced at $0.004 per token, and all ICO tokens will be fully unlocked on the first day of listing. Regardless of what the official website shows, tokens will be distributed within 48-72 hours after the sale ends, and can be freely transferred within 48-72 hours after distribution.
  • Payment methods support USDC or USDT.

Sales Time and Participation Restrictions

  • Sales period: July 12th 22:00 to July 15th 22:00 (lasting 3 days).
  • Participation requirements: KYC must be completed, and users from the UK, US, and certain restricted jurisdictions are prohibited from participating; EU users must confirm voluntary purchase.
  • KYC execution: The pump.fun platform is managed by the third-party service provider Persona.

What other key points are mentioned in the pump.fun sales terms?

  • Token Sale Entity: Golden Field Partners, LTD., a British Virgin Islands company (Pump.fun).
  • PUMP Token: It is the brand token of the pump.fun platform, does not confer any rights to the pump.fun platform, and its sole purpose is to promote the pump.fun platform and provide users with a way to express interest in the platform. Users purchasing tokens may not use them for any investment, speculation, or other financial purposes.
  • Token Rights Limitations: PUMP tokens have no economic rights and do not represent or grant any ownership, equity, shares, guarantees, or equivalent rights, nor any rights to distributions, profit-sharing, additional tokens, intellectual property, or any other form of participation in the company and its affiliates or platforms.
  • No Rights to Platform Fees: PUMP tokens do not provide any economic or other rights related to the platform, and token holders have no rights to any fees generated by the platform.
  • KYC: Token purchasers must complete KYC, and pump.fun has engaged a third-party service provider to collect and verify information on its behalf.
  • Sales Restriction Areas: Participants from the UK and US are prohibited from participating in this sale. Individuals from restricted jurisdictions are also prohibited from purchasing PUMP tokens. EU residents must confirm that their purchase of tokens is entirely voluntary. Pump.fun has not yet clarified whether purchase restrictions include mainland China.
  • Use of Token Sale Proceeds: The net proceeds from the token sale will be used as operational reserves for the platform and may be used to pay fees to platform service providers.

According to the token release schedule, the circulating market value on the day of issuance is expected to be around $2.3 billion. Pump.fun once shone brightly during the meme craze, but its recent popularity has noticeably cooled. Whether it is worth participating in the investment still requires careful consideration.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

注册币安返10%送$600,超2亿人的选择
链接:https://accounts.suitechsui.blue/zh-CN/register?ref=FRV6ZPAF&return_to=aHR0cHM6Ly93d3cuc3VpdGVjaHN1aS5hY2FkZW15L3poLUNOL2pvaW4_cmVmPUZSVjZaUEFG
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink