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Pump.Fun Faces Backlash, Shuts Down Livestreams Indefinitely
Last Updated: November 26, 2024
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Key Takeaways
- Pump.fun has paused its livestreaming feature indefinitely to address safety concerns and improve moderation tools;
- The decision followed reports of disturbing content on the platform;
- Pump.fun promises to relaunch the feature once its moderation infrastructure can handle growing user activity.
Pump.fun, a Solana
Before the feature's removal, users could quickly locate tokens with livestream integrations via a dropdown menu on Pump.fun's homepage, and each token page displayed an embedded video feed.
These functionalities, however, were recently removed. The platform clarified that this decision was driven by public safety concerns.
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The livestreaming feature has caused a lot of controversy in the crypto community. People reported seeing disturbing videos, and as a result, many within the community had called for the feature’s removal in the days leading up to Pump.fun’s announcement.
The Pump.fun team explained:
To ensure the absolute safety of our users, we will be pausing the livestreaming functionality on the site for an indefinite time period until the moderation infrastructure is ready to deal with the heightened levels of activity.
Alon, a pseudonymous co-founder of the platform, spoke about the issue in a post on X. “Although we strongly stand for free speech and expression, it's our responsibility to ensure that users don't see clearly repulsive/dangerous content and that bad actors aren't given a platform to act as they wish”, he wrote.
Pump.fun has always used a moderation team to handle inappropriate content, including videos, live streams, pictures, and comments. But, the recent surge in activity made it clear their tools and processes weren’t enough to handle the problem effectively.
Pump.fun's paused livestreaming feature shows how things can quickly go out of control without proper moderation. But what happened when a decentralized finance (DeFi) platform's vulnerabilities led to a complete collapse? Read the full story.
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