Pump.enjoyable, the distinguished Solana-based token launchpad, stated Monday that it has “paused” the livestreaming characteristic on its platform, which enabled customers to stream a video feed alongside the creation of a meme coin.
Tokens that utilized the livestreaming characteristic can now not be present in a class utilizing the drop down menu on the Pump.enjoyable dwelling web page, and now not have a video feed embedded on their respective Pump.enjoyable pages. After the characteristic disappeared, the corporate confirmed that it was eliminated within the curiosity of public security.
“To make sure absolutely the security of our customers, we shall be pausing the dwell streaming performance on the positioning for an indefinite time interval till the moderation infrastructure is able to cope with the heightened ranges of exercise,” the Pump staff stated in a press release.
The characteristic had created appreciable controversy and concern throughout the crypto group, with many customers asking for the characteristic to be shut down in the previous few days as content material being livestreamed ranged from animal cruelty to proposed self-harm. Some notable figures within the house instructed that they’d now not use the platform if the characteristic remained.
Pseudonymous Pump.enjoyable co-founder Alon beforehand addressed “reliable issues” over livestreaming content material on November 22, alerting the group by way of Twitter (aka X) that “though we strongly stand without cost speech and expression, it is our accountability to make sure that customers do not see clearly repulsive/harmful content material and that dangerous actors aren’t given a platform to behave as they need.”
The platform makes use of a content material moderation staff to average illicit content material on the positioning, together with “photos, movies, dwell streams, and feedback.”
Pump.enjoyable beforehand got here below fireplace upon the discharge of its tokenized video characteristic, which allowed customers to create a meme coin utilizing a video or GIF file.
Pump.enjoyable is the most important token launchpad on Solana, averaging greater than 50,000 new cash each day within the final week. It has helped gasoline the surge of meme cash over the course of 2024, with a number of tokens from the platform briefly reaching the highest 100 cryptocurrencies by market cap.
Edited by Andrew Hayward
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