CZ, the CEO of Binance Exchange, took to the X social media platform to announce that he had just begun creating content for Binance Feed, a new social media platform based within Binance.
CEO of Binance Exchange
CZ stated that he currently has no followers, so he invited everyone in the crypto community to follow him on Binance Feed. He promised to “aggressively pursue early adopters.”
According to CZ’s post on Binance Feed, “Welcome to the global town square for crypto discussions.”
Surprisingly, CZ has referred to it as the “global town square” — the same way Elon Musk referred to Twitter numerous times during his Twitter takeover, stating that he wants to restore people’s freedom of speech.
CZ appears to be ambitious enough here to begin developing Binance Feed into a cryptocurrency equivalent of X app (formerly Twitter).
Give the crypto community another significant stimulus to spend as much time on Binance as possible by forcing them to engage in discussion with one another.
This could significantly increase Binance’s popularity in the future, not only as a crypto exchange but also as a “crypto social network.”
Crypto Social Network
Related Trillions of SHIB Were Moved From This Top Exchange; Here’s How the Community Reacted Elon Musk made several significant updates to the platform after finalizing the purchase agreement with Twitter earlier this year.
In particular, he added long reads (basically, eliminating Twitter as a microblogging platform), a live video feature, and plans to add audio messages in DM in the future.
Scene of Binance Feed
Rumor has it that he also plans to integrate job hunting and dating sections, turning X into a “everything app,” according to his vision.
It will be interesting to see if CZ plans to implement similar features on Binance Feed. Following Elon Musk’s rebranding and addition of new features to Twitter, Mark Zuckerberg, cofounder and CEO of Meta, launched the “Threads” app on Instagram owned by Meta, hoping to replicate Twitter on that platform.
To read our blog on “Bitcoin has an opportunity to create a ‘Energetic Future’,” click here
