According to the official Pump Fun Twitter account, the platform has announced the establishment of the Pump Fund investment division and the launch of a "Build in Public Hackathon" with a total prize pool of $3 million. The hackathon will fund 12 projects, each receiving a $250,000 investment, a $10 million valuation, and mentorship from Pump Fun's founders. Participating projects must issue tokens, publicly disclose their development process, and hold at least 10% of the token supply. Unlike traditional hackathons, this event adopts a tokenized model, allowing the market rather than judges to determine the value of the projects. The application deadline is February 18, 2026, and the first batch of winners will be announced within 30 days.
Pump Fun Launches $3M Public Build Hackathon with Pump Fund
TechFlowShare
Summary
Pump Fun has launched a $3 million Build in Public Hackathon, supported by its new investment arm, Pump Fund. Twelve selected projects will each receive $250,000 in funding and a $10 million valuation, along with mentorship from Pump Fun's founders. The token launch guidelines emphasize that participating projects must issue tokens, publicly disclose their development progress, and retain at least 10% of the token supply. The tokenized model evaluates success based on market value. The application deadline is February 18, 2026, with winners to be announced within 30 days. This initiative will also support new token listings.
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