Spotlight@pumpspotlight
The Pump fun Build in Public Hackathon application deadline is quickly approaching.
So far, we’ve seen applications from some truly interesting projects & teams. As of now, 2 out of 12 projects have each secured a $250,000 investment from Pump Fund, with more being announced soon.
Despite applications closing on February 25, 23:59 EST, the race is very much still on, and those who continue to Build in Public will be among the next cohort of winners.
As intended, the BiP Hackathon will continue to let the market decide which builders may be the next winners.
What does it mean to Build in Public?
Simply put, building in public means communication & transparency between teams & communities. In an industry where years worth of project funding can be secured early on, it's important that traders know what they’re backing, and more importantly who they’re backing.
Allowing your community to know who’s behind the project and instill trust in you is important, not just for the success of your project, but for the success of your application in the BiP Hackathon. Remember, the community plays an important role in the validation of your idea and ultimately the decisions made in the BiP Hackathon.
Effective communication means frequent updates, community conversations, Pump fun livestreams, X Spaces, podcasts and other forms of distribution.
What happens after the application deadline?
After applications close, every existing applicant is still a potential winner and are being closely monitored by our team. As previously stated, building in public is your ticket to success and you still have a chance to win up until the 12th winner has been chosen.
Potential BiP Hackathon winners will be reached out to by a @Pumpfun affiliate. The next winners will be announced via @pumpspotlight over the coming weeks, pending eligibility. Winner announcements are not a guarantee of investment - investments are subject to further due diligence such as KYC & AML checks.
If you are yet to apply, now is the time to do so 👇
