Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12.
The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders.
PUMP’s ICO details
About 33% of the total PUMP token supply will be sold during the ICO. Of this, 18% is designated for institutional buyers through a private sale. The remaining 15% will be available to the public via major exchanges like Kraken, Bybit, KuCoin, Gate.io, Bitget, and MEXC.
The platform stated that private and public sale participants will purchase the asset at $0.004 per token. Notably, all tokens purchased in the ICO will be fully unlocked once they become tradable, with no vesting period.
In addition to the ICO allocation, the remaining supply will be distributed as follows: 24% will be reserved for community and ecosystem initiatives, 20% for the team, and 13% for existing inves
We współpracy z: https://cryptoslate.com/pump-fun-faces-scrutiny-over-pump-token-distribution-in-upcoming-ico/
