Pump.fun’s initial coin offering is scheduled to be held on Saturday, July 12.
While there is speculation and reporting around a potential pump tokens, the announcement is the first official communication from the team on Wednesday. Blockworks had earlier stated that the pump. Fun planned to raise $ 1 billion through token sales, which would put the evaluation in $ 4 billion.
The forum said that the pump would not be made available to investors from ICO America or UK.
The token will be sold in $ 0.004 episi. With the maximum supply of a trillion token, it means that public sales will be on $ 4 billion perfectly diluted assessment. Only 49 tokens are currently high of an FDV, at high levels of Koingco.
Large installments of tokens are also determined to allocate the pump. Fun’s team, investors and communities. While the account promised an aircraft “soon coming,” it was not immediately clear when it would happen. The company did not immediately respond to the remarks request.
According to the announcement, Crackon, Cocin, Bibit, Bitt, Gate and Maxi are all launch partners.
“(P) UMP Fun invented a completely new way to launch tokens, in ownership of this Crypto Chakra, and became one of the most successful startups ever. Now, we are aiming to kill the heritage social media platforms,” pump.
This is a developing story.
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