just pulled off one of the biggest ICOs in history.
In this week's @Unchained_pod, with @hosseeb and @joemccann, we dive into:
š§Ø why some say it's "extractive"
šÆ why onchain beat exchanges
āļø the Bonk vs rivalry
š„ and Pump's ambitions to kill Ti
kTok, Facebook, and Twitch
Timestamps:
š¬ 0:00 Intro
š 3:43 Why Joe says is one of the best crypto businesses he's seen
š 6:04 Whether this heralds the return of ICO mania
š¤ 7:11 Why the raise triggered backlash from parts of the crypto community
šø 8:32 Whether PUMP's valuation can really be justified
āļø 12:10 How the exchange-first design created issuesāand why others may copy it
š 16:15 Whether PUMP's distribution model helped or hurt its credibility
ā³ 21:43 Why the decision to have no token lockups sparked debate
š¾ 24:40 What kind of traders actually bought into the ICO
ā” 32:56 Whether Solana's performance makes it the new home for ICOs
š¦ 37:50 Why Coinbase sat this one out
š® 44:07 Where PUMP's price might be headed in the medium term
š 48:37 How lost some momentumāand what that says about the space
š§ 55:14 How plans to spend its $600 million war chest
šµ 57:21 Whether can really take on Facebook
š„ 1:01:46 Why Joe still believes memecoins are just getting started
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