Reel One · 1927 — Filing Date Unknown

Justice for Oswald

He was Walt Disney’s first star—a snappy, rubber-limbed rabbit who invented the modern cartoon. The public forgot him. The studios kept him prisoner. Today, we hand him back the spotlight, one block at a time.

“He’s the rabbit Mickey Mouse was made from. He’s 99 years old. He’s in the public domain. And he’s finally getting his reward pool.”

Enter the Stakes — Play Daily Reel

The Story

The Betrayal of Trolley Troubles

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On the long train ride home from New York in February of 1928, Walt Disney had lost almost everything that mattered. His distributor Charles Mintz had taken the side of Universal; his animators had walked out the door behind his back. Universal owned Oswald now—the star of Trolley Troubles, the laughing black rabbit who had outsold Felix the Cat in 1927 and given the studio its first taste of sunshine.

Universal wouldn’t even let him keep the rabbit’s name. So Walt drew a mouse, on that same ride home, and refused to give the mouse away. And because the mouse became the most famous character who ever lived, the rabbit faded into a footnote that nobody read for the next seventy-five years.

“Imagine Mickey if he were a little more egotistical or fallible, or imagine Bugs Bunny if he talked the talk but wasn’t as good at walking the walk.”
— David Gerstein, Disney Historian

In 2006 Disney traded an NBC sports announcer named Al Michaels for Oswald’s trademark and the rights to the old films. But the original 1927 shorts— the ones with the snappy eyes, the rubber legs, and the silent-film swagger— went into the public domain on January 1, 2024. One hundred years of cartoon history, free for anyone to draw. And that’s when he came back.

Justice for Oswald is the memecoin that hands the rabbit a piece of the new internet. Every trade on PumpFun sends creator fees into three ledgers. One ledger pays the team. One ledger pays the people who stake. One ledger pays the person who, by 23:59 UTC each Saturday, scores the highest on the arcade game we built to honor our rabbit friend. Oswald doesn’t draw the latest pencil— he draws a balance sheet. And it has his name on it.

Three Ledgers. One Rabbit.

Creator-Fee Routing

PumpFun creator fees are the cut the platform pays the coin’s deployer on every trade. We split the cut in three. No skim. No rebate. No rebalancing trick.

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1⁄3

Team Vault

Engineering, art, audits, hosting, and other project development.

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1⁄3

Staking Vault

Distributed to $OSWALD stakers in SOL, proportional to stake, refreshable each 30 minutes, claimable anytime.

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Weekly Game Vault

Paid in SOL to the highest weekly score on the arcade game at 23:59 UTC each Saturday. The wallet that wins is the wallet that gets paid.

Reel Spool

A Cartoon Century

1927
Trolley Troubles Walt Disney and Ub Iwerks unveil Oswald. He is, briefly, the biggest cartoon in America.
1928
The Train Ride Walt loses Oswald to Universal and his staff to Charles Mintz. He draws a mouse on the way home and never lets go of it again.
1938
The Fading Walter Lantz keeps Oswald alive at Universal for another decade, but the silent cartoons that made him never recapture the public.
2006
The Trade Disney trades play-by-play man Al Michaels to NBC for the Oswald trademark and the Disney-era film library.
2024
The Public Domain The 1927 & 1928 Oswald shorts enter the public domain on January 1. The rabbit is, legally, everyone’s rabbit again.
2026
Justice for Oswald $OSWALD launches on PumpFun. Staking goes live. The arcade game goes live. The fairest distribution we could write.

Why Remember?

Because we Owe Him

The most famous cartoon company on Earth did not begin with a mouse. It began with a black, long-eared, rubber-legged comedian who came out of Universal’s lot in 1927. He invented personality animation. He invented the idea that a drawing could be, according to Walt himself, “somebody.” Without him, no Snow White, no Disneyland, no Marvel. None of it.

We are not the first people to remember. We are not the last. But we are the first to put a balance sheet on the remembering. If you stake, the rabbit pays you dividends. If you play, the rabbit makes you bank. Either way, Oswald’s the one you remember. That’s the way it should have been. That’s the way it can be now.

“What we want is Oswald, unmistakably Oswald.”
— Walt Disney, 1927