Pump.Fun, a meme coin launchpad on Solana, has resumed its streaming service, activating it for 5% of users and implementing new moderation rules to improve user trust.
Pump.Fun Streaming Resumption
On April 5, Pump.Fun reactivated its streaming feature after a five-month hiatus, initially available only to 5% of its users. Co-founder Alon Cohen emphasized the importance of safety and creativity while introducing the need for new moderation guidelines to prevent past controversies.
Moderation Strategy and User Reaction
These new moderation policies aim to avoid previous issues, potentially helping to regain user trust. However, some users and crypto influencers have expressed skepticism about the effectiveness of these measures in preventing risky situations, labeling the platform as unsafe for developers.
Market Impact and Future Implications
Currently, Solana is trading at $120.11 with a market cap of approximately $61.81 billion, despite a 67.62% decline. The new moderation strategies of Pump.Fun are expected to directly influence meme coin activities within the Solana ecosystem. Experts note that balancing safety and freedom of expression will be critically important for future technological strategies on decentralized streaming platforms.
The resumption of streaming at Pump.Fun with new moderation rules may play a significant role in future meme coin activities on Solana, despite initial skepticism from parts of the community.