Crypto Memecoin Creation Platfort Pump.fun performed its first acquisition ever, as she bought the KOLSCAN wallet tracking platform, where its founder is looking at Gamification to advance growth.
pump.fun He said On Thursday, KOLSCAN, a platform called “The Commander of the Principal Opinion”, which “monitors the activities of the best merchants onchain”, actually transactions and their gains and “the ranking of leaders in their performance”.
“Our integration will not enable better products for both KOLSCAN users and pumping fun, but it allows completely new experiences that will change the entire trading scene,” said Pump.fun.
The acquisition appears to be a POMP.fun offer to support its future offers before its initial currency (ICO) on Saturday, which aims to raise one billion dollars. The platform is losing its share in the market for its competition NewmeCoin Launcher Letsbonk.
Trading trading “Growth key”
PUMP.fun co -founder Alon Cohen books X that Kolscan acquisition is in line with his belief that “Trading Onchain is a social sport”, with Memecoin Punters trading with friends and comparing their bets.
“We believe that products that provide visions/social tools and the trading experience are the key to developing our ecosystem.”
Pump.fun was credited with Memecoin Revival last year. Memecoins are encrypted symbols that are usually associated with social media trends that have no value or fundamental benefit that exceeds the very speculative trading.
The platform allows users who do not have coding skills to create the distinctive symbols that have seen a pump. According to To Devilia.
Pump.fun plans more KOLSCAN features
Cohen added that Pump.fun plans to improve additional features and dispose of KOLSCAN and have made the tool free to use.
Pump.fun added, plans to improve the reliability and speed of data for symbols, trade, profits and losses, as well as the leaders made “the bonus of the real merchants again, not only” KOLS “.
POMP.fun also plans to “give additional visions in copying activity (and) other data points that can shed light on trading strategies.”
Cohen said the platform will be “an essential part of our pressure to build the social media platform in Crypto, which can expand to billions.”
Related to: Robots behind most symbols on pump.fun and letsbonk: coinbase exec
Pump.fun has already started providing social media features such as direct broadcasting, which was closed last year after users broadcast harmful and violent works.
This feature was revived in April to get a few users who have moderate systems in place.
Pump.fun ICO aims to raise $ 1 billion
At the same time, pump.fun He said On Wednesday, ICO was released for the “pump” symbol on Saturday after weeks of speculation and leaks.
POMP will have a total of 1 trillion symbol, 330 billion of which, or 33 %, will be allocated to investors at $ 0.004 for pop to target one billion dollars.
Institutional investors will allocate 180 billion icons from ICO, with the public selling to form 150 billion pump, confirming a previous leakage of Crypto Exchang Gate.io.
Pump.fun prohibited ICO’s offer for investors in the United States and the United Kingdom due to organizational concerns.
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