Pump.fun, a Solana-based platform for meme coin generation, has paused its livestreaming functionality indefinitely to address significant moderation issues. The decision follows widespread criticism of the feature, which has been exploited for alarming and harmful activities.
The platform cited its rapid growth as a key factor in the challenges it faces. Livestream usage reportedly increased over 100 times within a week, overwhelming its existing moderation systems.
In response, Pump.fun has expanded its moderation team and enhanced both human and automated content oversight. Despite these efforts, the platform acknowledged that its current infrastructure is insufficient to handle the surge in activity.
Moving forward, we will be significantly more transparent about rules and regulations of using the site by publishing guidelines. We will also provide creators and users greater visibility into individual moderation decisions to ensure everyone understands the process and outcomes.
The livestream feature will remain offline until these measures are fully implemented.
Disturbing Incidents Prompt Action From Pump.Fun
The decision to pause livestreams comes after reports of extreme behavior during broadcasts. Some users resorted to disturbing tactics to draw attention to their tokens, including threats of self-harm and violence.
One incident involved a user threatening to end their life if their token failed to reach a $25 million market cap. In other cases, individuals depicted violent actions toward family members or displayed firearms to celebrate token value increases.
These incidents sparked outrage online, prompting urgent calls for better oversight and moderation.
All in all, Pump.fun aims to rebuild trust by improving its moderation infrastructure and ensuring a safer environment for its users. The platform also plans to publish clear guidelines and provide transparency in moderation decisions, signaling a commitment to growing responsibly alongside its community.