- Pump.fun acquired wallet tracker Kolscan ahead of its July 12 ICO.
- The ICO will sell 33% of the $PUMP supply at a $4B fully diluted valuation.
- Pump.fun aims to blend social media with gamified trading, and plans a 25% revenue share with token holders.
Just two days before its highly anticipated ICO, Pump.fun made headlines on Thursday with its very first acquisition: Kolscan, an onchain wallet tracker. The announcement came via X, where Pump.fun confirmed the deal and hinted at what’s next—a deeper fusion of crypto trading, social media, and gamification.
Kolscan, for its part, tracks top onchain traders in real time. It offers features like token profit-and-loss metrics, a live leaderboard, and detailed transaction feeds. The tool’s appeal lies in transparency and competition, making it a natural fit for Pump.fun’s vision of onchain entertainment.
A Social-Crypto Collision Is Coming
Kolscan noted that teaming up with Pump.fun will enable both sides to “deliver a better experience and work on totally new projects at the intersection of social media and onchain trading.” That theme fits right in with Pump.fun’s big ambitions—it’s openly said it wants to “kill Facebook, TikTok, and Twitch.”
Alon Cohen, co-founder of Pump.fun, said the Kolscan acquisition was strategic. “We believe products that provide social insights/tools and gamify the trading experience are key to growing our ecosystem,” Cohen explained in a post. He had teased a buyout earlier this month without naming names.
Preparing for a Blockbuster ICO
The timing is no accident. Pump.fun’s ICO is set for Saturday, July 12, and this acquisition helps build momentum. According to tokenomics shared with investors, 33% of the upcoming $PUMP tokens will be sold in the ICO. Another 13% has already been allocated to early backers. The project is aiming for a massive fully diluted valuation of around $4 billion.
Sources told Blockworks that the project is also planning a 25% revenue share with token holders, adding a real economic incentive to go along with the hype.
What’s Next for Pump.fun?
The acquisition of Kolscan could help shift more users onto Pump.fun’s own frontend. That means less reliance on third-party trading platforms and more integrated user experiences within its ecosystem. It’s not just about making trades—it’s about making trading fun and addictive, like a game or social feed.
As the ICO draws near, all eyes will be on what Pump.fun rolls out next. The Kolscan buy is a big signal: this project isn’t playing small.