The First Pump.Fun Presale

Crypto Twitter Token pioneered a new and innovative launch strategy never before seen on chain that coined the phrase “The First Pump.Fun Presale”. A whitelist was created three weeks prior to launch that people were added on based on financial, time, or community contributions to the project in the pre-launch phase. This led to an incentives structure whereby initial-supply holders had a significant time investment in the project, disincentivizing them to sell in the early days.

A week before launch, the whitelist period was closed. 54 names ended up on the whitelist, and each person on the whitelist was allowed to contribute exactly 2 Solana to the presale wallet. We chose 2 Solana precisely to have a number that didn’t make people feel like they were over-investing and needing to get money out after launch, as well as a number that would leave large believers wanting to buy more and increase exposure on launch day. Once the presale period was closed, 108 Solana was left in the presale wallet. On launch day, 87 Solana was used to buy the entirety of the Pump.Fun bonding curve for the token from the dev wallet, sending it straight to Raydium. This purchased the dev wallet 79% of the supply. After the token migrated to Raydium, an even number of supply was distributed to each presale whitelister promptly within the first 2 hours of launch. Additional remaining Solana in the presale wallet was used to provide an additional source of liquidity post-launch to help stabilize price and negate sell pressure.