Pump.fun Launches $3M “Build in Public” Hackathon Through Pump Fund

Pump Fund Launches Market-Driven Funding Experiment

Pump.fun has recently introduced Pump Fund, a new investment division, and kicked off the “Build in Public” hackathon. The initiative features a total funding pool of $3 million, with plans to select 12 projects. Each team stands to receive $250,000 in funding, with each project valued at $10 million.

(Source: Pumpfun)

Departing from traditional grant models centered on Demo Days or investment committees, Pump Fund is leveraging this event to redefine how early-stage projects gain market traction.

Decentralized Selection Mechanism

The hallmark of “Build in Public” lies in decentralizing the selection process, shifting decision-making from a single judging panel to the market and actual user behavior. Participating teams must maintain high transparency throughout development and launch tokens simultaneously, allowing real-time market engagement in product pricing and feedback. A project’s viability is determined not just by presentations or technical roadmaps, but by its ability to withstand real capital and user attention.

Verifiable Public Development

This hackathon does not restrict entries to crypto or Web3-native projects. Any team willing to develop in a public, “Build in Public” manner and accept immediate scrutiny from the market and community is eligible, including non-crypto applications.

Registration is open until February 18, with the first cohort of selected projects expected to be announced within 30 days after the event concludes.

Pump.fun: From Meme Coin Tool to Market Testing Gateway

Built on Solana, Pump.fun is renowned for its streamlined token launch process and low-cost structure. By utilizing bonding curve pricing and high-performance on-chain operations, users—regardless of technical background—can quickly issue and trade meme coins. This low-barrier, fair-launch approach disrupts the traditional token issuance model dominated by a select few teams and capital, empowering community-driven assets to achieve market pricing at a much faster pace.

From Token Launch Platform to Early-Stage Investment Gateway

With Pump Fund’s launch, Pump.fun is evolving beyond a simple tool platform to become an entry point for early-stage project incubation and market validation. By integrating capital support, tokenization mechanisms, and public development processes, the platform is pioneering a new path that replaces traditional fundraising and incubation models with market-driven efficiency.

To learn more about Web3, click to register: https://www.gate.com/

Summary

Through the “Build in Public” hackathon, Pump.fun combines funding, token issuance, and open development to create a highly market-oriented early investment model. This is more than a hackathon—it’s a public testing ground to determine which products truly merit development, funding, and market adoption. It also highlights Pump.fun’s ongoing evolution from meme coin infrastructure into an essential on-chain hub for entrepreneurship and market testing.