Pump.Fun Is Out Of Control: Crypto Community Calling For Heavier Moderation Of Its Livestream Feature
Prediction markets platform, Polymarket has Pump.Fun at 97% chance of being banned in the US by the end of the year – will A1lon9 intervene?
Pump.fun, a decentralized platform for creating meme coins on Solana, is receiving backlash after token creators have been broadcasting harmful and violent acts via its live stream feature.
Due to the increasing amount of worrying live streams on Pump.Fun, many in the crypto community are calling for stricter moderation or even outright closure of its livestream feature.
Last night on pump fun:
Is this what they meant by retail are coming? 👀 pic.twitter.com/CPXTZSAncE
— Gordon (@AltcoinGordon) November 25, 2024
Only A Matter Of Time Before Tragedy Strikes On A Pump.Fun Livestream
The livestream feature on Pump.Fun began with lots of OnlyFans-style content, with females promising certain lewd acts for every monetary goal met. It has since evolved to a more worrying nature.
In the last 24 hours alone, there have been individuals threatening to go on shooting sprees in school or to murder their families. In probably the most despicable act, a young couple could be seen hitting their child, only promising to stop once the token hit $15k market cap.
Unless action is taken, it seems only a matter of time until something fatal happens on one of the many Pump.fun livestreams.
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Pudgy Penguins Safety Project Manager Calls On Pump.Fun To Intervene After User Threatened To Commit Suicide On Stream
Hey @pumpdotfun there is currently someone using your livestreams to threaten to hang themselves if the coin does not reach a set marketcap.
Absolutely heinous and It needs to come down + see if you can get them help.
Shut down the livestream feature. This is out of control.
— Beau (@beausecurity) November 25, 2024
Beau, a safety project manager for NFT project, Pudgy Penguins, has called for action to be taken after a Pump.Fun live streamer threatened to commit suicide if their coin did not reach a certain market cap.
The safety project manager urged the platform to disable the livestream and provide support to the individual. Beau also called the live stream feature on Pump.fun ‘out of control’, saying it should be shut down altogether.
Infamous on-chain sleuth, ZachXBT, replied to Beau, remarking on the brashness of the live streamers. He said, “Even more wild how the people creating these coins barely take any measures to mask their identity.”
“Yeah no kidding. Don’t think it’s just about money, but also for clout IRL with friends etc”, Beau said in response to ZachXBT.
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Anonymous Pump.Fun Creator Already Addressed Moderation Concerns Following Launch Of Livestream Feature Last Week
with the live streaming meta on in full force there have been many people that came forward with some very legitimate concerns regarding what content that is allowed on the platform
let me make it abundantly clear: we actively moderate illicit content on the site. that includes…
— alon (@a1lon9) November 22, 2024
Following the launch of the platform’s live stream feature late last week, anon Pump.Fun creator, ‘A1lon9‘ did speak on the concerns from the community. In the lengthy post, A1lon9 said, “With the live streaming meta on in full force, there have been many people who have come forward with some very legitimate concerns regarding what content is allowed on the platform.”
Regarding moderation, he added, “We have a large team of moderators working around the clock and an internal team of engineers that are working on helping us deal with the increased scale of coins, streams, and comments.”
The anonymous dev has yet to respond to the calls to close the live stream feature following the more heinous streams.
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