The meme coin issuance platform Pump.fun, based on Solana, announced on Monday that due to a surge of malicious content on the platform, including horrific acts like child abuse, bestiality, and suicide threats, it has decided to indefinitely close its live streaming feature.
The original intention of the live streaming feature was good, but it has become a breeding ground for malicious content.
The original design of the live streaming feature launched by Pump.fun was to allow users to promote their meme coins. However, some unscrupulous individuals exploited this feature to publish extreme content to attract attention and increase token valuation, ultimately leading to an uncontrollable situation.
The Pump.fun team stated in their announcement: "To ensure the absolute safety of users, we have decided to temporarily close the live streaming feature until our content review mechanism is sufficiently refined to effectively handle the growing user activity."
The team further promised to make the platform rules more transparent in the future, not only by publicly sharing operational guidelines but also by ensuring that creators and users clearly understand the process and results of each review decision, thereby ensuring that everyone has a full understanding of the rules and execution methods.
As a meme coin platform focused on the Solana ecosystem, Pump.fun provides users with simple and convenient tools that allow anyone to easily create their own cryptocurrency.
According to data from (The Block), on November 24 alone, Pump.fun's daily revenue reached 5.31 million USD, indicating its continued high popularity.
Impact of malicious content: A dual challenge to the platform's reputation and user trust
Although the live streaming feature added interactivity to Pump.fun, this incident highlighted the risks posed by a lack of strict review mechanisms. The improper use of the feature by users not only damaged the platform's reputation but also posed potential harm to other normal users.
Pump.fun stated that it is currently unknown when the live streaming feature will be restored, but they will build a more robust infrastructure in the future to ensure that users can interact in a safe and orderly environment. This also marks that Pump.fun will further mature, striving to balance innovation and safety.
"The proliferation of malicious content is unbearable! The meme coin platform Pump.fun has 'indefinitely closed' its live streaming feature" was first published on (Block客).
