Summary
- Pump.fun said it aims to advance the Internet Capital Markets (ICM) ecosystem through the Spotlight program.
- Support for utility token projects, improving liquidity mechanisms, optimizing tokenomics, etc., were cited as the main focuses.
- They said they will support teams with high growth potential in tokenization and market entry to contribute to building a true Internet Capital Market.
Solana-based meme coin creation platform Pump.fun has launched a new initiative, 'Spotlight', aimed at developing the Internet Capital Markets (ICM) ecosystem.
On the 1st (local time), Pump.fun said on X that Spotlight is focused on 'supporting utility token projects.'
Spotlight aims to help promising teams achieve tokenization and market entry more effectively by enhancing project market visibility, improving liquidity mechanisms, providing marketing and communication support, and optimizing tokenomics and onboarding.
Pump.fun said, "Spotlight will provide practical support for teams with high growth potential to tokenize their projects and build a true Internet Capital Market."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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