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Pump.fun launches Charity Coins feature, enabling direct donation of creator fees to charitable organizations
According to an official announcement from Pump.fun, Pump.fun has launched its Charity Coins feature, which is exclusively integrated with the charitable donation platform Donate.gg. Coin Admins can now direct creator fees straight to up to five charitable organizations through the fee settings. Over 10,000 charities are already supported, and no additional onboarding is required from the charitable organizations. This integration aims to resolve issues previously associated with self-managed donations—such as uncertain donation execution, potential tax-triggering events, and malicious attacks targeting charities’ social media accounts.
Pump.fun Co-founder: Charity Coins Could Help Meme Coins Gain Further Legitimacy
the co-founder of Pump.fun stated that the integration with Donate.gg's Charity Coins can not only reduce friction in the Meme coin ecosystem's operation but also help Meme coins gain further legitimacy. He noted that this mechanism can help charities access the crypto donation system more securely.He also announced that Pump.fun-related entities have launched a donation matching program for all Charity Coins. The more charitable funds raised from creator fees, the higher the platform's matching contribution will be.
Pump.fun launches Charity Coins feature, allowing creator fees to be directed to charitable organizations
Pump.fun has partnered with Donate.gg to launch the Charity Coins feature, allowing projects to direct creator fees to charitable organizations. Users can set up to 5 charities as fee recipients on the Pump.fun app or web interface, with Donate.gg handling crypto asset processing and donation transfers.According to the introduction, this feature aims to reduce controversy, tax issues, and security risks associated with charity-themed Meme coins. It currently supports compliant donations to over 10,000 charitable organizations.
Related news
Pump.fun launches Charity Coins feature, enabling direct donation of creator fees to charitable organizations
According to an official announcement from Pump.fun, Pump.fun has launched its Charity Coins feature, which is exclusively integrated with the charitable donation platform Donate.gg. Coin Admins can now direct creator fees straight to up to five charitable organizations through the fee settings. Over 10,000 charities are already supported, and no additional onboarding is required from the charitable organizations. This integration aims to resolve issues previously associated with self-managed donations—such as uncertain donation execution, potential tax-triggering events, and malicious attacks targeting charities’ social media accounts.
Pump.fun Co-founder: Charity Coins Could Help Meme Coins Gain Further Legitimacy
the co-founder of Pump.fun stated that the integration with Donate.gg's Charity Coins can not only reduce friction in the Meme coin ecosystem's operation but also help Meme coins gain further legitimacy. He noted that this mechanism can help charities access the crypto donation system more securely.He also announced that Pump.fun-related entities have launched a donation matching program for all Charity Coins. The more charitable funds raised from creator fees, the higher the platform's matching contribution will be.
Pump.fun launches Charity Coins feature, allowing creator fees to be directed to charitable organizations
Pump.fun has partnered with Donate.gg to launch the Charity Coins feature, allowing projects to direct creator fees to charitable organizations. Users can set up to 5 charities as fee recipients on the Pump.fun app or web interface, with Donate.gg handling crypto asset processing and donation transfers.According to the introduction, this feature aims to reduce controversy, tax issues, and security risks associated with charity-themed Meme coins. It currently supports compliant donations to over 10,000 charitable organizations.