Discussion on PumpFun and Crypto Airdrops
How do you feel about PumpFun?
Because I've seen you make some tweets
about trying to instigate them
into doing some sort of airdrop,
talking about how healthy that would be.
Let's hope it works, let's hope it works.
Yeah, so PumpFun has been the dominant app in crypto
for maintaining attention over a multi-year span.
That usually does not happen in crypto.
Like OpenSea was really big for a short period of time,
and then it kind of fell off,
and nobody was really talking about OpenSea for a long time.
PumpFun has been able to maintain attention
for a long period of time, which is rare.
And so what they promised at the beginning
when they launched the token,
they promised an airdrop of around 24% of the token
to people, I think it was like to the community,
and they never did the airdrop.
And so people are mad as fuck at PumpFun
for a ton of different reasons,
but one of them is they never airdropped to their core users.
People are trading billions of dollars on PumpFun.
They've made a billion dollars in revenue.
They also raised a billion dollars in their IPO.
So they have a fuck ton of cash that they're just sitting on
and they haven't given that back to the community at all.
So that's one of the reasons people are mad at them.
And then-
Let me just ask you straight.
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