The biggest barrier to onboarding new traders is simple: they have to risk their own money just to start trading and learn the basics, which leads to most of them not starting.
That's why I built https://t.co/b0vhUluETw.
https://t.co/b0vhUluETw lets you paper trade Solana Memecoins in a professional trading environment. Create a demo wallet, trade with virtual SOL, test strategies, track PNL and improve your skills. All without risking a single dollar.
But dumd doesn't stop at demo trading.
If you lack liquidity but are a good trader, you can apply for our funding challenges (free tier available!).
If you can prove consistency and hit defined profit targets, you will get access to a wallet with real SOL (you will be able to buy/sell tokens but you can only withdraw your profits and not the sol balance).
Additionally, dumd introduces PNLs with verification codes, meaning if you share a PNL everyone can check the legitimacy of it on our website. Basically eliminating any fake PNLs.
No upfront risk.
No fake screenshots.
No guessing if you're actually profitable.
Dumd let's you master memecoins first and scale your capital after.
(This is a @Pumpfun BiP Hackathon Project, we're currently in Stage 1 with a working project. Future plans will be released in the next tweets. Currently only free funding tier will be open, which allows people to get funded up to 2 sol.)
CA: BGGqsqCSJ66wXGaSqWKzhXeyf5m2moLQRaFLJN2hpump
Thanks everyone who tuned in today's livestream, I've showed the new average buy & sell lines and bubbles.
Sending the github updates TG channel later today.
Tomorrow I'm going to publish the API and hopefully have a first version of the memescope-similar page.
Thanks to everyone who joined the @Pumpfun livestream today!
For those who missed it:
- I explained the whole https://t.co/b0vhUlu73Y platform & showed how to use it
- Explained the funding in detail
- Talked about updates for tomorrow
There is going to be 4 streams per week, I will try to announce it one day before so you can plan it.
I'm going to create a TG channel/discord until tomorrow where GitHub pushes that I make will be sent automatically, so you can always track the latest platform updates.
Also tomorrow I'm going to publish at least these new features (there is going to be new updates every day):
- Average buy/sell line on chart
- Buy/sell bubbles
- More PNL pictures
If you have any feature requests, feel free to send them in the x community.
I have following stuff planned for the next days:
- Memescope similar page where people can find tokens to trade
- Allow importing wallets to trade with own SOL
- Publish API so that platforms can integrate paper trading
Creator reward bot is finished and running.
Every 15 minutes the creator rewards are auto claimed and 80% of it is sent to the treasury wallet to fund traders who pass the challenges.
Here is the treasury wallet: dumdK4JpepvbGeiQaSDsjPJFRepvbBmb3sQgbT1wNBo
See you guys in 2.5 hours on pump live!
Just applied for the Hackathon.
I'm going to host a live stream on pump at 11 am UTC today, where I will show the website & answer all your questions.
In the meanwhile I'm currently working on a simple bot to automatically claim & send creator rewards to the treasury.
Just fixed a bug where sometimes the chart showed 0 as the market cap and were not fully live.
The issue was some of the routes getting rate limited. Charts are now back showing live feed.
Going back working on the video now.
Working on the explanation video now and then going to start filling the hackathon apply form.
After applying, I will show you guys the future plans on features that I plan on adding (you are very welcome to post any feature requests that you want!).
The trades & holders page show only the demo traders.
This will allow people to see if retail have actual interest in the coin, creating front-running opportunities for degens.
Here is how the funding works:
80% of the creator fees go to the treasury wallet: dumdK4JpepvbGeiQaSDsjPJFRepvbBmb3sQgbT1wNBo
People start challanges on the website (currently only free one is open, the paid ones will be open after more data has been collected to ensure treasury longevity).
While in the challenge people trade using virtual SOL.
After succesfully completing the challenge, their wallet will be funded with the amount of the challenge they signed up for (for the free one for example 2 SOL). They will have access to buying & selling coins on https://t.co/V3B0uNmZX1 but won't be able to withdraw the 2 sol.
Any profit they make above 2 SOL will be withdrawable. If the account DD hits then the wallet will be liquidated.
After opening the paid challenges, the income from them will be used to fund the treasury as well.
The biggest barrier to onboarding new traders is simple: they have to risk their own money just to start trading and learn the basics, which leads to most of them not starting.
That's why I built https://t.co/b0vhUluETw.
https://t.co/b0vhUluETw lets you paper trade Solana Memecoins in a professional trading environment. Create a demo wallet, trade with virtual SOL, test strategies, track PNL and improve your skills. All without risking a single dollar.
But dumd doesn't stop at demo trading.
If you lack liquidity but are a good trader, you can apply for our funding challenges (free tier available!).
If you can prove consistency and hit defined profit targets, you will get access to a wallet with real SOL (you will be able to buy/sell tokens but you can only withdraw your profits and not the sol balance).
Additionally, dumd introduces PNLs with verification codes, meaning if you share a PNL everyone can check the legitimacy of it on our website. Basically eliminating any fake PNLs.
No upfront risk.
No fake screenshots.
No guessing if you're actually profitable.
Dumd let's you master memecoins first and scale your capital after.
(This is a @Pumpfun BiP Hackathon Project, we're currently in Stage 1 with a working project. Future plans will be released in the next tweets. Currently only free funding tier will be open, which allows people to get funded up to 2 sol.)
CA: BGGqsqCSJ66wXGaSqWKzhXeyf5m2moLQRaFLJN2hpump