Pump's Stream-to-Earn Payday
Pump.fun's relaunch of live-streaming features and revamp of token launch economics are a game-changing combo.
Over the weekend, Crypto Twitter watched in stunned awe as BAGWORK exploded from a $1.2M market cap to a $39.5M high in under 72 hours — a 32x pump fueled by the chaotic, live-streamed antics of two 19-year-old personalities dubbed the "Bagwork boys."
What started with a run across a Dodgers game field, streamed to a few hundred viewers, devolved into arrests, bailouts with their creator fees — raking in $160K from just 500 average concurrent viewers — run-ins with celebrities, private jets, and even an accidental leak of unreleased Drake tracks.
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David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
