Is Pump.fun transforming into a live streaming platform?

Author: hitesh.eth

Compiled by: AididiaoJP, Foresight News

I roughly browsed Pumpfun's live stream yesterday and saw some creators earning astonishing income, which is very interesting. Compared to the income on other platforms like Kick, Twitch, or even YouTube, the returns on Pumpfun are higher.

Interestingly, the payment structure. Traditional platforms optimize for platform advertising and take a significant cut before creators earn any income, with content discovery being algorithmic and imbalanced.

On Pump, the reward cycle is closer to the action itself: attention is converted into trading volume, trading volume is immediately converted into creator fees, and the audience has economic benefits as the hype continues to rise. This is a tighter flywheel, with fewer hierarchies between creators and rewards.

convert attention into costs

Therefore, in terms of rewards, on Pump, if you stream live, you have the ability to earn more than on other platforms. The dashboard displays some very interesting streamers and very engaging live streams. One of the most popular is "Streamer Coin." This person has been donating all the creator fees they earn to all the small creators, and they also hold this token. Each creator, whenever they start a live stream, will also have a token associated with it. The market value of "Streamer Coin" has reached around 22 million.

Tokens turn the audience into joint owners of the hype. When the audience holds your tokens, they are not just bystanders: they become promoters, signalers, and retention loops. If you set up fee sharing, lotteries, or live tasks, you are essentially running a real-time, on-chain loyalty program without intermediaries. Price becomes a public scoreboard for attention.

Then I also saw another token called "bagwork". They have a very viral clip. A well-known internet personality Radley slapped the streamer who was live with the title "bagwork", and that clip went viral on social media, so he gained attention.

This is the new model: capture a moment that the internet cannot ignore, and then direct that attention to the on-chain assets linked to your live stream. Viral clips → New wallet surges → Trading volume → Creator fees → More content. This cycle rewards those who can repeatedly create moments.

Broadcasters are trying to gain attention and do different things. I also saw a creator distributing food to people in Los Angeles. There is a token "feed the people" (FTP). They have been donating everything they earn through these live broadcasts. They donate food, donate shelter, and so on; they are trying to promote a noble cause.

Mission-driven live streaming transforms empathy into measurable action. When viewers see transparent, on-chain funds flowing to meals or shelters, trust is built more quickly. That trust turns into community, the community becomes resilience, and resilience brings compound benefits to creators and sustained outcomes for the mission.

From Twitch to Pumpdotfun

Approximately 7.3 million people stream on Twitch every month, but I believe that 90% of them do not make any money on it. Even some top streamers have not earned any substantial fees compared to the income that new streamers on Pump can make. For example, the person behind "bagwork" has already made $150,000 in just two days, which is astonishing.

Why most Twitch streamers struggle to survive: monetization relies on subscriptions, Bits (tips), ads, and brand partnerships. Content discovery favors those who are already famous, payments are delayed, and platforms take a significant cut. For small creators, average monthly income is often low or unstable, which stifles motivation. Pump disrupts discovery and monetization: small creators can rapidly rise to fame in an instant, and payments are instantaneous as they are on-chain.

Pump provides a platform where you can live stream, and at the same time, you can expect to earn more money. It is a crypto-native platform that is somewhat decentralized, relatively more decentralized, you could say, compared to purely centralized platforms like Kick and Twitch.

"Relatively decentralized" is important because it reduces platform risk. If your rewards depend on smart contracts and liquidity pools, you are less affected by arbitrary policy changes, implicit bans, or delayed withdrawals. The trade-off is volatility and personal responsibility, but many creators prefer this over opaque rules.

Why People Live Stream: Emotions, Identity, and Ownership

Here you already have a crypto community, a niche community, that can buy your tokens, sell your tokens, generate trading volume for you, and you can set fees on every transaction made with your tokens to make money. It's very simple and straightforward. But you also need to let the token "graduate", which has requirements. Based on the current price of Solana, it's about $20,000 (85 SOL) or so.

"Graduation" is essentially a credibility threshold. By demonstrating sustained attention, holder growth, and transparent token distribution, you can achieve deeper liquidity and better value discovery. In practice, this means: a stable timeline, a clear storyline, regular catalysts, a fair launch mechanism, and active community management. When your live stream becomes a story that people want to trade, the token will successfully launch.

When I think about live streaming, the question that comes to my mind is why do people live stream in the first place? Why do they go to these platforms, turn on their cameras, and showcase whatever they are doing, with many doing very unique and strange things? The first reason would be hope. They may hope to make some money because they see many success stories everywhere. When they chase after money and aim to make quick cash, many people, I don't really believe, can play the long game. They might try it for a few days or weeks, and when the money doesn't come rolling in, they might quit live streaming.

Emotionally, live streaming brings you recognition, identity, and a room to be heard. For some, it is therapy; for others, it is performance. It is a way to transform loneliness into ritual. Financially, it offers selectivity: even small rewards feel meaningful because they are tied to your own IP (intellectual property) and your own schedule. People live stream to be seen, to feel important, to publicly practice a craft, and to see if the market agrees.

But many people continue to live stream, no matter how much money they make. Sometimes, for a few, money is not that important, but they really enjoy the process of live streaming. They really like talking to any community they have. It could be 10 people or it could be 100 people; they enjoy talking to people and sharing their feelings. For those who lack emotional support in life, if there is no one in their family or friend circle to share feelings and anything happening in life with, this is a great practice.

This is the准社会关系引擎. You have built a micro-community where internal jokes, rituals, and shared progress make people feel secure. Creators gain a sense of responsibility and purpose, while the audience receives companionship and meaning. On Pump, this bond is priced in real-time, which can amplify joy and pressure, so you need boundaries and clear rules.

Even if they are looking for someone to share what they are truly good at. If they work at a certain company but really enjoy singing, singing brings them relief. If singing allows them to enter a flow state, they can choose to sing. They can go live and connect with an audience. If they are good at singing, they can build an audience and possibly make money and gain recognition through this method; there is huge potential here. This is great for those seeking relief from a busy, painful life, looking for a space where they can truly be themselves.

The combination of flow state and ownership is the reason this will scale. When your side skill becomes a ritual supported by tokens, shared with fans who hold a part of your upside potential, the feedback loop is real: practice → audience growth → price action → more practice.

Pump is very interesting; it may provide long-term streamers who have been live on Twitch, Kick, or even YouTube without earning substantial income from their efforts an opportunity to realize profits. It can help them capitalize on the long-term efforts they have put in.

It can be seen as retrospective funding. The works you accumulate become instant credibility. On the first day of Pump, you are not a new creator; you are a verified IP with a profile, backstory, and ready to convert into holders' fans.

This is similar to what we see in NFTs and the kind of potential it brings. What NFTs have done for some great artists, streamers might see the same response from Pump live broadcasts. It can achieve the same thing. From 2021 to 2022, in those 12 months, many artists who couldn't even make $100 or sell artworks in real life made between $10,000 to $100,000 by selling their digital artworks through NFTs. I think a similar trend will happen here. The category of artists is limited. There aren't that many artists joining NFTs.

OpenSea unlocks primary markets and secondary royalties for visual artists. Pump can unlock real-time royalties for broadcasters: transaction fees, token-gated benefits, on-chain sponsorships, and community-owned milestones. The same energy, but with real-time markets and ongoing content instead of static art.

Next steps for development: migration, strategy manual, and future

On Pump, I believe there could be millions of people considering joining. They can register as broadcasters, and some broadcasters may become millionaires within the next 12 months. If you are someone looking to make money in this field, this is also a great opportunity. Even if you have been live streaming on different platforms and you enjoy talking about what you know, if you excel at something and want to share it with others, then start live streaming. There's no need to be shy about it. You just need to open your heart, express yourself, and have that ice-breaking moment. If anything is holding you back, give it a try.

The trigger point for migration will be simple: once some mid-tier creators publish transparent, on-chain earnings that far exceed their old income, the public will take notice, creators will follow incentives, and audiences will follow creators. Liquidity follows both.

If you seriously want to make money, if money is very important to you, even if it’s not all about money, but about sharing the things you’ve been hiding in your mind, the things you’ve always wanted to do, the things you want to pursue, but you have obligations and responsibilities that prevent you from pursuing that passion, then now is the time. Pursue your passion in the right way, allowing you to maximize capital, better leverage your passion for profit, earn more money, enjoy the process, and achieve better returns.

Treat live streaming as a startup: a simple roadmap, token utility, weekly catalysts, and clean wallet management. Set up guardrails for your community so that speculation does not overshadow your craft.

I believe that a huge wave will emerge on Pump in the near future. Many streamers will join, and when news spreads in the community that they could earn more money by moving to Pump, the flywheel will start to turn. At the same time on Pump, not only will streamers make money, but traders will also profit. You can speculate on the growth of streamers, buy that token, sell it, and flip it for profit.

Traders will develop a strategy manual around "attention signals": sudden spikes in concurrent online viewers, speed of Discord joins, Twitter mentions, retention rate of watch time, viral spread of clips, and growth of on-chain holders. The best strategies will be narratives combined with numbers, not just numbers.

This is all about meme coins. They are all memes, but these memes are doing some great things. On the broadcaster side, broadcasters are rewarded for their efforts. They try to gain attention for anything they do. They gamify attention. They are putting in effort; the more effort they put in, the greater the chance of gaining attention.

In trading, you need to be very focused. You need to immerse yourself, scan on-chain wallets, and try to find the right alpha (information advantage). This is not easy, and you are putting in effort there too; it is a game that requires high input from both sides. As a broadcaster, you need to put in more effort to earn more money, and in trading, you need to put in more effort to make money.

Tools to pay attention to: KOLscan and Stalkchain for KOL wallet tracking and narrative mapping, DEX dashboard for monitoring fund inflows/outflows, Holderscan for checking holder concentration, new wallet velocity, LP (liquidity provider) depth, and lock-up, as well as timing for whale movements. X (for clipping propagation speed and sentiment). A simple rule: rising attention plus improved holder distribution plus deepening liquidity is a stronger bet than mere attention.

Attention has always been money, and Pump just makes it flow. Those who can reliably establish and track attention will capture the most value here, with creators engaging in continuous programming and sincere storytelling, and traders interpreting social and on-chain signals with discipline.