Key facts
- Pump.fun launched a new bounty platform called 'GO'.
- The platform allows users to create and complete bounties for any task.
- Bounties include extreme stunts like tattooing memecoin symbols, quitting jobs on camera, and skydiving.
- Funds are held in escrow by Pump.fun and released upon submission review and approval.
- Critics warn the feature could revive dangerous behavior seen in Pump.fun's past livestream scandal.
Pump.fun, a platform for launching memecoins on the Solana blockchain, has introduced a new feature called 'GO,' an open bounty marketplace. This platform allows users to post crypto rewards for virtually any task, aiming to leverage human effort and money globally. Bounties can range from extreme marketing stunts, such as tattooing memecoin symbols on body parts or quitting jobs on camera, to more controversial requests like interviewing individuals connected to a death. Funds for these bounties are held in escrow by Pump.fun and are released after submissions are reviewed and approved. The launch has drawn significant criticism from the crypto community, with many expressing concerns that the feature could enable dangerous and harmful activities, reminiscent of the platform's previous livestream scandal where users threatened self-harm or violence to manipulate memecoin prices. Critics argue that such platforms, without robust guardrails and active monitoring, can incentivize harassment, violence, and humiliation.