Alon Cohen, Solana’s co-founder based on the Memecoin Launchpad Pump.fun, is set to return live streaming on the platform-five months after the feature was suspended after several incidents involving harmful content.
Post On X on April 4, Cohen said the feature returned with “standard industry moderation systems in place and guidance guidance.” He said it was combined with only 5% of users.
Source: Cohen waves
Pump.fun website describes The purpose of the new policy of moderating live-streaming as “to cultivate a social environment in the pump satisfaction that maintains creativity and freedom of expression and encourages significant interactions among users, illegal, harmful, and negative interactions.”
Moderation policy violations may see the creators finishing their livestreams and pump.fun accounts.
The policy prohibits certain types of content, including violence, animal abuse, pornography and youth risk. However, it also creates ambiguity by claiming that “Pump Fun does not intend to generally define what content is ‘appropriate’ or ‘inappropriate.'”
“There is an implicit that assumes that some content – perhaps a lot of content – generally defined as the NSFW will in fact appear in the pump’s satisfaction,” the states of pump.fun’s modernization policy.
The platform added that it is entitled to “unilaterally determine the suitability of the content where necessary and to moderately accordingly.”
Live-Streaming Return arrives while the Memecoin Market has collapsed
Pump.Fun deleted its live-streaming Featured last November after it became awash with intense content as memecoin creators turned to more surprising tactics to promote their tokens.
Some users are said to be threatening violence or self -harm if a token does not reach a price goal.
The platform Says Its unfamiliar growth has put a strain on its moderators, and it can pause live-streaming functionality forever to ensure the safety of its users “until the moderation infrastructure is ready to deal with higher levels of activity.”
At this time, Mikko Ohtamaa, co-founder of the Algorithmic Trading Firm Strategy, Says That if the pump.fun continues to allow live-streaming without appropriate moderation, it will quickly close once a major audience finds what is happening.
“I am advocating for freedom of speech, but these flows are causing practical issues in which people are destroying the law on live broadcasts. It will motivate a shutdown when the main media gets air into it,” Ohtamaa said.
Pump.Fun’s decision to recreate the live-streaming feature arises as an interest in Memecoins has dropped significantly in compliance with a series of High-profile rug pulls Like Libra (Libra) and Melania Meme (Melania). That is coupled with the poor price performance of tokens such as Trump (Trump) – that, According to In coingecko, it now drops more than 90% from the highs this January.
Related: Libra Founder: Memecoin critics are ‘bitch’ only when left with insider deals
Data from dune analytics shown in March That the end rate for tokens launched at Pump.fun – that is, the percentage of tokens that achieved a large enough market cover to be tradable to a regular decentralized exchange – falls under 1%, down from the high about 1.67%.
Combined with a sharp collapse in the number of tokens launched on the platform, it saw a total number of tokens graduating from about 5,400 per week in January to under 1,500 in March.
The number of tokens launched on the Solana network also collapsed in general. Only 31,651 launched on April 5, according to Solscanless than one-third of 95,578 created at the peak of the Memecoin Frenzy on January 26th.
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