Hey there social media friends!
So, the folks at Pump.fun, the popular launchpad for Solana tokens, have made a pretty big announcement recently. You know how they had this cool feature that let people livestream while creating a meme coin? Well, they’ve decided to pause that feature!
Now, tokens that used the livestreaming feature can no longer be found in their usual category on the home page, and there’s no video feed to watch anymore. The team at Pump.fun said they did this in the interest of public safety, and they’ll keep the feature paused until they can handle the heightened activity better.
This decision comes after a lot of controversy around the livestreams, which showed some really disturbing stuff like animal cruelty and self-harm. Some big players in the crypto world said they wouldn’t use Pump.fun anymore if the feature stayed around.
Interestingly, the anonymous co-founder of Pump.fun talked about this issue back on November 22 and said they care about free speech, but they’re responsible for making sure users don’t see repulsive or dangerous content. They have a content moderation team, too, to keep a check on images, videos, live streams, and comments on the site.
Remember the time when Pump.fun introduced the tokenized video feature? That lets users create a meme coin using a video or GIF file. Fun, right?
Anyway, Pump.fun has been doing pretty well in the Solana world. They’ve helped thousands of meme coins hit the market in the last week, and some even made it to the top 100 cryptocurrencies by market cap!
So, that’s the latest scoop from Pump.fun! What do you guys think about their decision? Let’s chat!
<p>The post Pump.fun Pauses Livestream Meme Coin Feature Amid Controversy first appeared on CoinBuzzFeed.</p>
