- Solana meme coin platform Pump.Fun has removed its live-stream feature after facing backlash over scandalous live streams.
- The platform allowed users to create SOLUSD meme-tokens and stream the process, but some streams featured harmful and violent behavior, including threats involving minors.
- Pump.Fun has paused the live-streaming feature indefinitely until it can implement proper moderation infrastructure to handle such activities.
Solana meme coin platform Pump.Fun has removed its live-stream feature after facing backlash over scandalous live streams. The platform lets anyone create SOLUSD meme-tokens for free without coding experience while simultaneously streaming the process to viewers. However, many called for the platform to suspend its live-stream feature after reports of harmful and violent behavior on streams.
What is Pump.Fun?
Pump.Fun is a platform on the Solana blockchain that allows users to easily create meme coins without any coding experience. The platform also featured a live-stream capability where token creators could broadcast the process to viewers in real-time.
Controversies Emerge on Live Streams
Recently, multiple dangerous instances were captured live on Pump.Fun streams, some involving minors.
One incident involved a user allegedly threatening self-harm if their token failed to reach a specified market cap. Another situation saw a user firing a gun out the window each time their meme coin‘s value increased.
There were also cases of children threatening harm to family members if token price goals weren’t met. Some creators even promised inappropriate content if investment thresholds were reached.
Platform Suspends Live Streams
In light of the concerning events broadcast on live streams, Pump.Fun has decided to suspend the feature indefinitely until proper moderation tools are in place.
The platform said: “We acknowledge that recent events on our platforms live streams have caused concern. We regret to hear of some of the experiences that users went through and take this opportunity to address them openly and directly.”
Moving Forward
Pump.Fun stated they will be more transparent about platform rules and regulations going forward. They also aim to give creators and users greater insight into moderation decisions.
The platform’s founder, known only as Alon, also commented: “Although we strongly stand for free speech and expression, it’s our responsibility to ensure that users don’t see clearly repulsive/dangerous content and that bad actors aren’t given a platform to act as they wish.”
Conclusion
The controversial live streams on Pump.Fun highlight the challenges of effectively moderating user-generated content, especially for decentralized platforms. While the platform works to enhance its moderation practices, the removal of live streaming is a prudent temporary measure to prevent further harmful incidents being broadcast. It remains to be seen how Pump.Fun will balance censorship concerns with safety as it aims to restore live streaming capabilities.
