Se Yong Park, co-founder of crypto trading app fomo, denied rumors that the company plans to launch a Solana ecosystem token launchpad to compete with Pump.fun. In a post on X, Park stated there are already too many tokens in the market and the team has no intention of adding more.
Park emphasized that fomo's focus is on helping build a future where the strongest communities can keep growing and thriving, rather than contributing to further token proliferation.
fomo Co-founder Denies Plans for Solana Token Launchpad, Cites Market Saturation
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