Pump launches a new on-chain agency tool: automated buybacks boost the agency economy. In 2024, on-chain agencies have begun to shine, but they are seen as a flash in the pan. Now, this revolution is unstoppable. Pump.fun co-founder Alon excitedly announced the first agency experiment on the X platform: introducing an automated buyback mechanism for tokenized agencies. Agencies will become the core of the trillion-dollar agency economy. Early tokenization will bring huge benefits to creators and early supporters. Tokens are not only a distribution layer but can also quickly raise funds through mechanisms such as creator fees. This update is for version 0, aiming to lay the foundation for future development. The video demonstrates the process: enable the "tokenized agency" switch when creating a token, set up income buybacks. Agencies interact through chat, test products, allocate 80% of income for buybacks, and drive up token value.
