Pump.fun buys Kolscan in first acquisition, eyes gamified trading

Key Points

1. Pump.fun acquired Kolscan, a wallet-tracking platform, marking its first acquisition.

2. The platform aims to integrate gamification and social tools to enhance trading experiences and grow its ecosystem.

3. Pump.fun is launching an ICO for its 'PUMP' token, targeting a $1 billion raise with a total supply of 1 trillion tokens.

4. The ICO will allocate 33% of tokens (330 billion) to various purposes, including 180 billion for the public sale.

5. Pump.fun has restricted its ICO participation for investors in the US and UK due to regulatory concerns.