đ¨ Pump. Fun Disables Livestream Amid Controversy, Faces Revenue Crash
#pumpfun a Solana-based memecoin launchpad, has paused its livestream feature after reports of harmful content, including
threats of violence and disturbing behavior. This decision
followed backlash from users and safety advocates.
đ° Revenue Impact:
*/ Nov. 18â24: Revenue surged to $33.83M (+60%).
*/ Nov. 25âDec. 1: Revenue fell sharply to $11.31M (-66%) after
disabling livestreams.
đ What Happened?
Community members reported incidents
like threats to animals, and alleged school violence plans during livestreams. Outrage led to calls for action.
đ§ PumpFun âs Response:
*/ Livestream feature disabled indefinitely (Nov. 25).
*/ Plans to implement a robust content moderation system.
*/ Experts predict potential legal and regulatory actions if issues persist.
Pump Fun âs crisis highlights the challenges of unmoderated
content on crypto platforms and its impact on platform trust
and revenue stability.
#pumpfun #SolanaBlockchain $SOL
