Binance Founder CZ Raises DM Fee on ReachMe to $120
Binance founder CZ has increased the cost of messaging him on ReachMe, a paid chat platform, after being overwhelmed with spam. Initially charging 0.04 BNB ($24) per message, he raised it to 0.1 BNB ($60) and now 0.2 BNB ($120) in an attempt to limit messages to about 10 per day—though he doubts that’s possible.
CZ clarified that he won’t profit from this and will donate the earnings to charity. His goal is to manage the flood of messages rather than make money.
The idea behind ReachMe? CZ previously suggested a pay-to-message model to reduce spam and ensure only serious inquiries get through. If the recipient doesn’t respond in 5 days, half the fee is refunded. Just 18 days after sharing the idea, a developer built a prototype, and now it’s live.
Will this change how influencers interact with followers? Time will tell!
