Pump.fun bounty platform draws 'Squid Game' comparisons

The Solana memecoin launchpad Pump.fun recently launched an open bounty platform that rewards users with cryptocurrency for completing bizarre and often dangerous tasks, drawing ethical criticism from within the crypto industry, Cointelegraph reported. Critics have likened the platform to a real-life 'Squid Game,' arguing it treats the lives of the poor like toys for money. The backlash followed the posting of missions with substantial bounties, such as tattooing a coin ticker on one's forehead or setting a functional vehicle on fire. Currently, the platform has 225 active bounties with an unclaimed prize pool of $115,000, and 509 mission completion certificates have already been submitted.