The rampant high-cost paid inquiries, a helpless move under the celebrity effect
On March 27th, Binance founder CZ posted on social media that after adding the 'Pay to Reach' feature to his X platform profile, he was bombarded with an overwhelming amount of messages within just one day, including low-efficiency questions like 'Are you there?', 'What did you have for dinner?', 'Check out this meme coin', and 'CA (contract address)?'. In response to such messages, CZ frankly said he 'cannot reply to every one of them' and urgently raised the consultation fee from the initial price to 0.2 BNB (about $120), trying to control the daily message volume to around 10. Even so, he admitted that most questions were 'too brief' or involved grand topics like 'How to succeed in entrepreneurship?', raising concerns about actual communication efficiency.

Behind the crypto community's carnival: The double-edged sword of paid inquiries
'Pay to Reach' was originally intended to provide users with the opportunity to have direct conversations with industry leaders, but in practice, it has exposed two major problems:

  1. Information overload and inefficient communication: A large number of users attempt to acquire a quick wealth code through paid inquiries, turning celebrity accounts into 'customer service windows', with genuinely valuable dialogues drowned out.

  2. Speculative mentality spreading: Some users send meme coin contract addresses or vague questions at a minimal cost, essentially engaging in 'small bets for big gains' speculation, hoping for celebrity replies to trigger market following.

CZ's fee adjustment is not only a personal coping strategy but also reflects the current ecological reality of the crypto community's over-reliance on 'celebrity endorsements'.

Industry insight: How to break the 'information noise' dilemma?

  1. Layered communication mechanism: Set tiered payment thresholds according to different needs, for instance, basic questions (like contract verification) can be resolved with automated tools, while in-depth analysis questions require higher costs.

  2. Tool empowerment efficiency enhancement:

    • Batch verification and monitoring: Use on-chain tools (like CiaoTool) to screen token liquidity and contract risks with one click, reducing blind inquiries.

    • Intelligent screening system: Utilize AI to categorize inquiry content, prioritizing high-quality questions and reducing interference from ineffective information.

Cold reflection: Celebrity effect ≠ wealth code
CZ's experience reminds the market again: the contradiction between the 'decentralization' ideal of the crypto industry and the 'centralized dependence' reality still exists. Investors who blindly chase celebrity dynamics and ignore underlying data (like on-chain transaction volume and liquidity pool changes) along with tool applications are likely to fall into passivity.

Conclusion: From 'asking for answers' to 'using tools' thinking upgrade
Instead of spending hundreds of dollars on inquiries, it is better to invest resources in learning and using efficient tools. Whether monitoring whale address movements or analyzing token fundamentals, automated tools are becoming the core support for rational decision-making. In an era of information explosion, the ability to filter and tool awareness may be the real 'Alpha'.

Disclaimer: This article does not constitute investment advice; the market carries risks, please operate cautiously.