Token economics, token release rules, KYC, token sale proceeds usage, sales restricted regions......
Written by: KarenZ, Foresight News
The ICO of pump.fun, long-awaited by the industry and labeled as the "final cut," has finally been settled.
Around 22:00 on July 9th, pump.fun officially announced that the PUMP token sale will be conducted on July 12th. Prior to this, platforms like Gate and Bybit had already released the sales pages for PUMP tokens.
PUMP Token Economics
PUMP is the utility token for the Pump.fun token launch and exchange platform, with potential future mechanisms like fee rebates, token buybacks, or other incentives. The maximum supply of PUMP is 1 trillion tokens, distributed as follows:
- 33% will be sold in the initial token offering
- 24% allocated to community and ecosystem plans
- 20% allocated to the team
- 2.4% for ecosystem fund
- 2% for foundation
- 13% for existing investors
- 3% allocated to livestreaming
- 2.6% for liquidity + exchanges
How Will Tokens Be Released?
According to the PUMP release schedule, tokens allocated to the team (20%) and existing investors (13%) will begin gradual unlocking from July 2026; tokens for community and ecosystem plans (24%) will be gradually unlocked from the first day of token issuance and fully distributed by July 2026; other token allocations for ICO, liquidity + exchanges, and foundation will be fully unlocked on the first day of token issuance.
The community speculates that the 24% reserved for community and ecosystem plans might be used for airdrops, with some tokens being fully unlocked upon issuance and the remaining portion gradually released.
Core Information of Initial Token Sale
Initial Token Sale Proportion and Channels
33% of total supply is for the initial token offering, of which:
- 18% for institutional private sale (fully allocated);
- 15% for public sale, to be conducted simultaneously on pump.fun's official website and 6 centralized exchanges, including Bitget, Bybit, Gate, Kraken, KuCoin, MEXC.
Sale Terms and Price
- Unified pricing for private and public sales at $0.004 per token, with all ICO tokens fully unlocked on the first day of listing. Tokens will be distributed 48-72 hours after sale ends, and can be freely transferred 48-72 hours after distribution.
- Payment methods support USDC or USDT.
Sale Time and Participation Restrictions
- Sale period: July 12th 22:00 to July 15th 22:00 (3 days).
- Participation requirements: KYC required, users from UK, US, and certain restricted jurisdictions are prohibited; EU users must confirm voluntary purchase.
- KYC implementation: Third-party service provider Persona will handle KYC for the pump.fun platform.
What Other Key Points Did pump.fun's Sale Terms Cover?
- Token Sale Entity: British Virgin Islands company Golden Field Partners, LTD. (Pump.fun).
- PUMP Token: Platform's brand token, conferring no rights to the pump.fun platform, with the sole purpose of promoting the platform and providing users a way to show platform interest. Tokens cannot be used for investment, speculation, or other financial purposes.
- Token Rights Limitations: PUMP tokens have no economic rights, do not represent or grant ownership, equity, shares, guarantees, or equivalent rights, or any rights to distribution, profit sharing, additional tokens, intellectual property, or any form of participation in the company, its affiliates, or platform.
- No Platform Fee Rights: PUMP tokens do not provide any economic or other rights related to the platform, and token holders have no right to receive any fees generated by the platform.
- KYC: Token buyers must complete KYC, with pump.fun having engaged a third-party service provider to collect and verify information.
- Sales Restricted Regions: UK and US participants cannot join this sale. Persons from restricted jurisdictions cannot purchase PUMP tokens. EU residents must confirm voluntary token purchase. pump.fun has not yet clearly specified whether purchase restrictions include mainland China.
- Token Sale Proceeds Usage: Net proceeds from the token sale will be used as operational reserves for the platform and may be used to pay platform service providers.
According to the token release schedule, the circulating market value is estimated to be around $2.3 billion on the day of issuance. pump.fun previously shone during the Meme craze but has recently seen a significant cooling of interest. Whether it is worth investing still requires careful consideration.
