无界俱乐部
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PUMP.FUN is about to start its presale for token issuance!
In the past few days, I've seen a tweet image from alon (the founder of PUMP.FUN) that was posted in March 2024, which roughly means:
"Currently issuing tokens, there are only two paths: one is to do a presale, but it's easy to fail; the other is to issue tokens on PUMP, community-driven, and if it fails, it's not a big deal. Conclusion: presales are all scams."
This is undoubtedly a slap in the face to the current PUMP.FUN presale.
However, looking at the token issuance from PUMP's perspective, or from alon's decision-making angle, while it may not be the best move, it is still a reasonable decision given the current situation.
Currently, PUMP is somewhat like the previous opensea, having become a leader in a certain field, but as it develops, emerging challengers are threatening its leading position (PUMP's challengers are Letsbonk.fun, etc., while opensea's challengers are BLUE, etc.). At the same time, the field they are in is not one that can sustain ongoing development. Opensea's approach was — no approach; initially, when opensea realized that the NFT market was gradually declining, it seemed ready to go public but failed, and now it is trying to engage everyone, rumored to be launching a token airdrop, but nothing is confirmed.
PUMP is now issuing tokens, presumably to avoid repeating opensea's mistakes, wanting to make a significant move before it gets knocked down or before the meme culture declines, and then indirectly let PUMP's CTO go, achieving a job well done. After all, in the crypto world, issuing tokens is always the ultimate outcome of a project.
After excluding personal biases, let's take a closer look at this PUMP presale information.
I initially wanted to write more about this, but there are too many analysis points, so I made a diagram for everyone to reference:
#pump.fun token issuance
In the past few days, I've seen a tweet image from alon (the founder of PUMP.FUN) that was posted in March 2024, which roughly means:
"Currently issuing tokens, there are only two paths: one is to do a presale, but it's easy to fail; the other is to issue tokens on PUMP, community-driven, and if it fails, it's not a big deal. Conclusion: presales are all scams."
This is undoubtedly a slap in the face to the current PUMP.FUN presale.
However, looking at the token issuance from PUMP's perspective, or from alon's decision-making angle, while it may not be the best move, it is still a reasonable decision given the current situation.
Currently, PUMP is somewhat like the previous opensea, having become a leader in a certain field, but as it develops, emerging challengers are threatening its leading position (PUMP's challengers are Letsbonk.fun, etc., while opensea's challengers are BLUE, etc.). At the same time, the field they are in is not one that can sustain ongoing development. Opensea's approach was — no approach; initially, when opensea realized that the NFT market was gradually declining, it seemed ready to go public but failed, and now it is trying to engage everyone, rumored to be launching a token airdrop, but nothing is confirmed.
PUMP is now issuing tokens, presumably to avoid repeating opensea's mistakes, wanting to make a significant move before it gets knocked down or before the meme culture declines, and then indirectly let PUMP's CTO go, achieving a job well done. After all, in the crypto world, issuing tokens is always the ultimate outcome of a project.
After excluding personal biases, let's take a closer look at this PUMP presale information.
I initially wanted to write more about this, but there are too many analysis points, so I made a diagram for everyone to reference:
#pump.fun token issuance
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