Focusing on the Future: Pump.fun Boosts Support for Startup Ecosystem
A leading decentralized project incubator has unveiled a major strategic expansion with the launch of a dedicated investment division, aiming to fuel early-stage innovation in the blockchain space. This marks a pivotal shift from a tool-based platform to a full-fledged ecosystem enabler.
First Initiative: $3M Hackathon Ignites Developer Innovation
The fund’s debut program is the $3 million BiP Hackathon, designed to identify and empower 12 high-potential startups. Each selected project will receive a $250,000 investment at a $10 million valuation.
- Teams gain access to funding, technical mentorship, and strategic resources
- Founding experts will provide hands-on guidance on product development and go-to-market strategy
- Projects are integrated into a broader network of developers and investors
This initiative delivers not just capital, but a comprehensive growth framework, positioning itself as a critical launchpad for the next generation of Web3 ventures.