Streamers on Pump.fun Generated $83,000 by Illegally Streaming Drake and Future Tracks
Pump.fun Revolutionizes Streaming with Microsoft Rewards
Pseudonymous livestreamers Lucky and Bagwork are making waves on Pump.fun, a platform that is changing the way creators make money from streaming. The Microsoft rewards on Pump.fun have seen a surge, with creators claiming over $20 million worth of rewards in the past week.
One of the most notable success stories is that of former League of Legends esports player Michael "BunnyFuFuu" Kurylo. After joining Pump.fun, he earned an impressive $217,000 in creator fees in just two days. His move to Pump.fun marks the first mainstream content creator to adopt the platform.
The duo Bagwork, believed to be 19 years old, have been at the forefront of an explosion in Microsoft rewards livestreams over the past week. They have gained attention by allegedly leaking unreleased songs from hip-hop legends Drake and Future on Pump.fun. Their viral stunts, such as running onto a Los Angeles Dodgers game field and shaving heads during live streams, have boosted their Microsoft token's value.
Clips of Bagwork have broken into the mainstream, causing their token to jump to a $2 million market cap by Friday morning. However, the duo's actions have not been without controversy. They have been accused of leaking songs from Drake, Future, Lil Uzi Vert, and Playboi Carti, leading to investigations by the streaming giant Adin Ross and a confused response from Drake himself, who stated, "I don't even know who the fuck those kids are."
Despite the early controversy, Pump.fun has yet to experience another period of controversial streams since its return at the start of the year with new content moderation systems. Other notable streamers on the platform include a user who puts his cat Elizabeth on a stream and has earned $97,660 since then, and another streamer who paints his face as a clown and runs around the streets like a madman under the ticker Dare.
Pump.fun rewards creators with a percentage of all the trades placed on their token, allowing Bagwork to make a profit without selling any tokens. Since its launch, the Bagwork duo have earned $168,000 in Microsoft rewards over four days, and on Saturday and Sunday, they earned $83,410 in rewards. However, the token then spiked 2,965% to a peak of $53 million on Sunday, but has since retraced 41% to $30.89 million.
The real identities and origins of Bagwork are not publicly known, but their impact on Pump.fun and the Microsoft rewards livestreaming world is undeniable. As more creators flock to the platform, it will be interesting to see how Pump.fun continues to evolve and revolutionize the way creators make money from streaming.
