Pump.enjoyable launches Pump Fund with a $3,000,000 hackathon, signaling a strategic pivot past memecoins towards long-term startup funding.
Pump.enjoyable has introduced a serious strategic shift by launching a brand new funding arm referred to as Pump Fund. The transfer is its first transfer away in a transparent course from memecoin solely. Consequently, the purpose of the platform is to assist the broader innovation in startups with structured, long-term capital deployment.
Pump.enjoyable Pivots from Memecoins with New Funding Arm
Pump.enjoyable confirmed on X that Pump Fund will likely be debuting with a $3,000,000 Construct in Public hackathon. The initiative is planning to fund 12 initiatives. Every chosen crew will likely be provided $250,000 at $10,000,000 valuation.
Right now, we announce Pump Fund
It’ll advance the startup ecosystem on pump enjoyable by aligning itself with initiatives long-term.
The fund’s first initiative is the BiP Hackathon which is able to fund 12 initiatives with $250k @ $10m val, giving mentorship with pump enjoyable’s founders & far more
— Pump.enjoyable (@Pumpfun) January 19, 2026
In keeping with the announcement, Pump Fund will establish itself with initiatives for the long run. Notably, the funded startups needn’t be crypto-related. As well as, Pump.enjoyable founders will supply direct mentorship to collaborating groups.
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The launch is on the heels of buying and selling volumes on Pump.enjoyable dropping from early 2025 highs. That earlier spike was fueled by sturdy buying and selling exercise of memecoins. Subsequently, the brand new fund is indicative of an effort to diversify the sources of progress.
Pump.enjoyable described the hackathon as a reinvention of the early stage funding mannequin. As a substitute of counting on enterprise capital panel and, initiatives will tokenize participation. Consequently, market individuals de facto turn into judges by way of early help.
The primary initiative within the fund focuses on the Construct in Public, or BiP, hackathon. It promotes the quick supply of merchandise and clear communication. Groups are anticipated to validate concepts by transport quick and speaking brazenly to customers.
Necessities of eligibility embrace the launching of a token and the development of an lively mission. Groups are additionally required to retain 10% or extra of the token provide. As well as, numerous public engagement through X, neighborhood constructing, and streaming is inspired.
The platform emphasised that initiatives of all sector and maturity ranges are welcome. Crypto-native purposes are usually not enforceable. Subsequently, Pump.enjoyable is positioning itself as a broader startup incubation platform.
Construct in Public Hackathon Redefines Early-Stage Funding
The BiP hackathon brings the notion of a market-centric judging mannequin. Neighborhood demand and token participation is what decide mission traction. Consequently, natural curiosity is extra vital than conventional connections or promotional narratives.
Lengthy-term viability will likely be a think about funding selections, Pump.enjoyable stated. Past social traction, groups want to point out the way in which when it comes to sustainable improvement plans. This strategy has the purpose of filtering short-lived hype-driven ideas.
Purposes for the hackathon are open till February 18, 2026. The primary lot of winners will likely be introduced in 30 days.
Every of the chosen initiatives will obtain $250,000 of the $3,000,000 pool of funding. Mentorship by Pump.enjoyable’s founding crew is included. This mixture offers with each capital and operational steerage.
The initiative is a part of Pump.enjoyable’s broader ambition to maneuver on from the memecoin hypothesis. By specializing in utility-driven startups, the platform goals to be related in the long term. Consequently, this pivot could alter the notion of its market.
Alternatively, Pump.enjoyable stated that tokenized funding offers energy to the person instantly. Early supporters get publicity by supporting concepts from the start. Subsequently, neighborhood alignment is central to the success of a mission.
Ogoesrall, Pump Fund is an attention-grabbing experiment in decentralized startup funding. Its success could have an effect on related platforms. The initiative was meant to assist Pump.enjoyable’s relevance transcend its memecoin roots.