Show notes
The weeks leading up to Pump.fun’s ICO were contentious: accusations that it was extractive, debates over decentralization, and outrage over allocations. In the end, the company pulled off the third-largest ICO in crypto history, raising $600 million in 12 minutes.The day of, Solana barely flinched under the load, and onchain platforms like Hyperliquid and Raydium left CEXes looking outdated.In this episode of Unchained, Haseeb Qureshi of Dragonfly and Joe McCann of Asymmetric join Laura to break down: Whether this marks the return of ICOs The objections to the small ($10 million) airdrop to creators How Pump.fun’s ambitions could reshape memecoins, and maybe Solana itself And why TikTok might not need to worry just yetVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Xapo Bank Ledn Haseeb Qureshi, Managing Partner of Dragonfly Joe McCann, Founder, CEO & CIO of Asymmetric Previous coverage on the ICO: Pump.fun’s $1 Billion ICO Has Caused Controversy. Can It Succeed? Unchained: Pump.fun Becomes Third Largest ICO, Raises $600M in 12 Minutes PUMP Traders Make Big Options Bets on the Token Surging Past Its ICO Price Pump.fun Draws Backlash After Confirming PUMP ICO SolanaFloor’s tweet on LetsBonk’s stats The Block: Pump.fun makes first acquisition, purchases Solana-based copy-trading wallet tracker Kolscan Dune Analytics Twitter thread on the PUMP ICO statsTimestamps:🎬 🚀 📈 😤 💸 ⚙️ 📊 ⏳ 👾 ⚡ 🏦 🔮 📉 🧠 📵 🔥 Learn more about your ad choices. Visit megaphone.fm/adchoices