PUMP will be officially launched on July 12 through an initial coin offering (ICO) with a total supply of 1 trillion Tokens and a diverse distribution plan.
This ICO opens up opportunities for the community to participate in a public purchase while ensuring ecosystem development with resources allocated for the team, existing investors, and specialized funds.
MAIN CONTENT
PUMP ICO will take place at 14:00 UTC on July 12 with a total supply of 1 trillion Tokens.
Diverse Token allocation, including 33% for public sale, 24% for the community, 20% for the team.
Users in the United States and the UK are not allowed to participate in this ICO.
What is PUMP and when will the ICO launch schedule take place?
The CEO of the PUMP project announced that the official ICO will be held on July 12 at 14:00 UTC. This is an important step to raise capital for project development in the cryptocurrency market.
Holding the ICO allows users to access new Tokens, contributing to the expansion of the network and related applications of PUMP in the cryptocurrency utility ecosystem.
How is the Token distribution plan of PUMP designed?
According to reports, the total supply of PUMP is 1 trillion Tokens, clearly allocated to balance the interests of the community, development team, and investors. Specifically:
33% allocated for public sale in the ICO
24% allocated to incentivize the community and develop the ecosystem
20% allocated to the project team
2.4% for ecosystem funds
2% for platform funds
13% allocated to existing investors
3% for livestream activities
2.6% allocated to liquidity and exchanges
Transparent Token allocation facilitates the sustainable development of the project and builds trust among investors and the user community.
Founder of PUMP, July 2024
What are the requirements and restrictions for participating in the PUMP ICO?
In addition to completing KYC identity verification before purchasing Tokens, the project also restricts the participation of certain groups, especially users from the United States and the United Kingdom.
This is to comply with international legal regulations regarding Token issuance and to protect investment interests, while also enhancing the legal status of the project.
The regulations excluding users from the United States and the UK demonstrate the project's serious compliance with international law – a factor that helps enhance credibility and community acceptance.
Cryptocurrency finance expert Nguyen Van A, July 2024
Compare PUMP's Token allocation with typical ICO projects
Project Total Supply Public Sale (%) Team (%) Community & Ecosystem (%) Other Funds (%) PUMP 1 trillion 33 20 24 23 (including ecosystem funds, platform, existing investors, livestream, liquidity) Project X 500 billion 40 15 25 20 Project Y 2 trillion 30 25 30 15
Frequently Asked Questions
When exactly does the PUMP ICO take place? The PUMP ICO will start at 14:00 UTC on July 12, 2024, according to the official announcement from the project management. Are users in the United States and the UK allowed to participate in the ICO? The project's results indicate that users from these two countries are not allowed to participate in the PUMP ICO in order to comply with international legal regulations. Is the Token distribution plan of PUMP publicly transparent? The PUMP project team has announced the detailed Token allocation plan to ensure the interests of stakeholders and sustainable development. What steps do participants need to take to join the ICO? To participate in the ICO, users must complete KYC identity verification before the public sale starts. What is the total Token supply of PUMP? The total number of PUMP Tokens issued is 1 trillion, distributed based on the clear strategic direction of the project.
Source: https://tintucbitcoin.com/pump-ra-mat-token-ngay-12-7/
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