1M
...
Pump.fun plans to share 25% of platform revenue with holders of its token, three sources familiar tell Blockworks.
The team allegedly told insiders about the arrangement leading up to its public announcement, multiple people said.
Earlier Wednesday, pump.fun said that the initial coin offering for its PUMP token would go live on Saturday, July 12.
Dragonfly Capital’s Haseeb Qureshi posted on X regarding the PUMP revenues, noting that it’ll be “one of the highest gross revenue tokens in crypto.”
In June, 6th Man Ventures’ Mike Dudas told Blockworks’ Lightspeed podcast: “So I would imagine there’s going to be some element of putting revenue to work on…
Read more on Blockworks