Pump.fun, the popular Solana-based meme coin generator, is facing intense backlash for its livestream feature, which has devolved into a disturbing hub for exploitative and extreme behavior.
Initially designed to allow developers to promote their projects, the platform has instead become a breeding ground for troubling content.
Reports reveal instances where users have tied self-harm, violence, and threats to the financial performance of their coins. In one harrowing case, a user livestreamed a threat to end their life if their token failed to reach a $25 million market cap. Another couple was depicted as harming their child as part of a campaign to achieve a goal, while an individual aimed a firearm, claiming they would harm their family if financial targets were not met.
One reportedly fired shots out of a window every time their coinâs value increased. These incidents have ignited widespread outrage on social media, with many calling for the immediate shutdown of the livestream feature. Tweets have described the situation as resembling a dystopian âBlack Mirrorâ episode, highlighting the dark extremes some individuals are willing to reach for financial gain.
One comment pointed out the broader societal implications, stating that the platform is merely exposing the desperation and moral decline rampant among financially strained individuals.
This growing controversy not only highlights the dangers of unmoderated online spaces but also raises critical ethical questions about platforms enabling such behavior. While some argue that Pump.fun simply serves as a mirror reflecting societal issues, others insist on urgent accountability, calling for stricter regulation or outright removal of the livestream functionality.
Pump.fun creator âAlonâ addressed the controversy and clarified that the team takes content moderation seriously. He also added that the platform has been actively moderating illicit content, including images, videos, livestreams, and comments since day one, to ensure a safe environment for users.
This isnât Pump.funâs first brush with controversy. Back in May, the Solana-based platform reported that a former employee exploited their access to siphon off 12,300 SOL, which was then worth $1.9 million. The team had to pause trading and update its contracts briefly.
The post Solana-Based Pump.funâs Livestream Turn Into Real-Life âBlack Mirrorâ Nightmare appeared first on CryptoPotato.
Initially designed to allow developers to promote their projects, the platform has instead become a breeding ground for troubling content.
Extreme Stunts on Pump.fun for Profit
Reports reveal instances where users have tied self-harm, violence, and threats to the financial performance of their coins. In one harrowing case, a user livestreamed a threat to end their life if their token failed to reach a $25 million market cap. Another couple was depicted as harming their child as part of a campaign to achieve a goal, while an individual aimed a firearm, claiming they would harm their family if financial targets were not met.
One reportedly fired shots out of a window every time their coinâs value increased. These incidents have ignited widespread outrage on social media, with many calling for the immediate shutdown of the livestream feature. Tweets have described the situation as resembling a dystopian âBlack Mirrorâ episode, highlighting the dark extremes some individuals are willing to reach for financial gain.
One comment pointed out the broader societal implications, stating that the platform is merely exposing the desperation and moral decline rampant among financially strained individuals.
This growing controversy not only highlights the dangers of unmoderated online spaces but also raises critical ethical questions about platforms enabling such behavior. While some argue that Pump.fun simply serves as a mirror reflecting societal issues, others insist on urgent accountability, calling for stricter regulation or outright removal of the livestream functionality.
Response
Pump.fun creator âAlonâ addressed the controversy and clarified that the team takes content moderation seriously. He also added that the platform has been actively moderating illicit content, including images, videos, livestreams, and comments since day one, to ensure a safe environment for users.
âAlthough we strongly stand for free speech and expression, itâs our responsibility to ensure that users donât see clearly repulsive/dangerous content and that bad actors arenât given a platform to act as they wish. similarly to X and Reddit, pornographic content is allowed but itâs tagged as NSFW, meaning that if you DONâT want to see it, you can turn off the âinclude NSFWâ toggle on the front page and NOT see those kinds of coins.â
This isnât Pump.funâs first brush with controversy. Back in May, the Solana-based platform reported that a former employee exploited their access to siphon off 12,300 SOL, which was then worth $1.9 million. The team had to pause trading and update its contracts briefly.
The post Solana-Based Pump.funâs Livestream Turn Into Real-Life âBlack Mirrorâ Nightmare appeared first on CryptoPotato.