[Pump.fun Offers Hefty Incentives to Poach Rival KOLs, Meme Launch Platform Business War Escalates] BlockBeats News, August 9 – Recently, several crypto KOLs revealed that the meme launch platform pump.fun has been offering substantial hiring incentives ($20,000 signing bonus + $30,000 monthly salary) to FOMO users in an effort to migrate them to its app. The agreement includes strict migration terms and payment conditions, such as requiring users to transfer funds and positions, use a designated wallet, publicly declare it as their sole wallet, permanently delete their FOMO accounts, prohibit the use of the wallet on competing platforms, and adhere to a non-disparagement clause. This controversial poaching move comes against the backdrop of pump.fun's persistently sluggish revenue, while FOMO's revenue continues to hit new highs. According to DefiLlama data, pump.fun's revenue over the past 7 days reached $6.49 million, securing its undisputed first-place position, but pressure from competitors has never waned. FOMO's revenue over the past 7 days was $2.64 million, showing rapid growth and consistent new highs since July. Additionally, Flap, which has been performing well recently on both the BSC and Robinhood chains by leveraging meme tokens, recorded $1.39 million in revenue. Given that pump.fun launched its social trading feature this week, it is evident that the platform's heavy-handed poaching strategy aims to stifle its rapidly growing competitor in its infancy. It is worth noting that while this move is highly controversial, crypto attorney Ariel Givner analyzed that pump.fun's actions do not violate any laws or regulations and are a classic example of business competition.