Binance CZ founder raises its chat fee to reduce spam

The founder of Bynance CZ falsified to the exchange rate for exchange of messages, the favored chat platform recently adopted, after overwhelming the messages.

On Mar. 27. Marta, CZ shared an update on KS on its experience with a range, a platform that helps the influence of non-direct message monetization. Initially set up a fee at 0.04 bynance coins (Bnb), About $ 24 per message, quickly overwhelmed with unwanted and irrelevant issues.

Raising price up to 0.1 BNB ($ 60) has not yet detered the flood of messages, which has led to compensation to current 0.2 BNB ($ 120) per message. CZ claims that its goal is to reach a balance of about 10 messages a day, although the doubt it is achievable. Most messages, noticed, is too short too short or too wide, like “How do I start a successful start?”

CZ also mentioned that it does not plan to benefit from this system in person. Instead, they will donate money that earns these messages for charity. Its goal is not to make money, but to find a way to manage a large number of people trying to reach it.

CZ first presented the idea of ​​a platform platform to the reach of Mar. 8 member At Binance Square, claiming that traditional messaging systems like LinkedIn and KS, have low barriers, resulting from excessive spam. His vision was to create a system in which digits are well known, often referred to as key opinions leaders, can charge a reminder fee.

This would filter inquiries with little effort and ensure that only serious demands are under way. In its proposed model, if the circle has not answered within five days, half of the fee would be a refund to the sender.

The sender will still have some costs, discouraging spam while encouraging the car to answer. In addition, the platform would take 10% reduction in transactions, while 90% of payment has been transferred directly to the recipient.

Just 18 days after exchanged this concept, the developer reached the CZ with a working prototype. After discussions and security reviews, the platform passed live. While the reach is still in its early days, CZ’s adoption, together with a potential undertime from Izi Labs (Forlisli Binance Laba), it could help him become a leading platform in which professionals cash his accessibility.