If you are browsing a crypto platform that should be full of innovation and vitality, yet you suddenly see such live streams: someone threatens to commit suicide if the token's market value does not reach the target, someone live streams the abuse of children for attention, and even someone locks themselves in a cage pretending to be a dog... Is this truly a carnival in the crypto world, or the degeneration of humanity?
Pump.Fun, a platform hailed as a killer app in the Solana ecosystem, has recently been embroiled in controversy due to its live streaming feature. From the initial 'quick hand in the crypto circle' to now being jokingly referred to as the 'dark web of the crypto world', what has the live streaming feature of Pump.Fun actually experienced?
Initially, the live streaming feature of Pump.Fun was only a small-scale attempt and did not attract widespread attention. However, since the official promotion in November, the wave of 'live streaming with memes' has quickly risen. Unfortunately, the good times did not last long; in order to attract traffic, broadcasters began to resort to unscrupulous means, leading to extreme live streaming content that put the platform at risk of legal and regulatory issues.
Some live streamers burn pools, shave their heads, and even threaten to commit suicide or abuse pets and children, all to make the token's market value soar. These absurd scenes make one wonder: Is this really the future of the crypto industry? Why does the combination of live streaming, a medium that can maximize emotional display, and a platform for one-click asset issuance lead to such chaos?
What is even more shocking is that Pump.Fun has not effectively reviewed these extreme contents. In the face of profit, the platform's bottom line seems to have been completely ignored. Some even use the comment section to attract attention for side businesses, treating vulgar and bizarre content as a tool for gaining traffic.
But one must ask, how far can such a platform go? If Pump.Fun continues to tolerate such chaos, it will not only damage its own reputation but also cause immeasurable negative impacts on the entire crypto industry. The platform's control cannot dissipate due to decentralization, and the attention economy is not an excuse to break bottom lines.
Looking back at the development of Pump.Fun, from one-click token issuance to 'live streaming with memes', it should have been a model of innovation in the commercialization of crypto products. However, now that the door to vulgar live streaming has been opened, those supporters who have been exploited by Pump.Fun and trampled on values will ultimately become the abyss that devours it.
Mlion calls on Pump.Fun and all crypto platforms to uphold bottom lines, strengthen content review, and jointly maintain a healthy and orderly market environment. After all, the future of the crypto industry requires the joint efforts of each and every one of us.
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